Profile
Ascension is a venture capital firm based in London, United Kingdom, founded in 2013. The firm focuses on early-stage investments, particularly in the pre-seed and seed stages. Ascension's team comprises 21 members, including two partners, Chris Wheatcroft and Emma Steele. The firm is known for its commitment to backing mission-driven regional tech founders and providing impact-aligned investment through multi-capital EIS/SEIS.
Ascension invests across a variety of sectors, including fintech, health, e-commerce, deeptech, and the future of work. The firm primarily invests in startups based in the United Kingdom, Europe, and North America. Ascension does not typically lead investment rounds but offers substantial support and resources to its portfolio companies. The firm has a diverse portfolio, having invested in over 232 companies, with notable co-investors like Seedcamp.
Notable investments by Ascension include Credit Kudos - credit scoring platform, Wagestream - financial wellbeing app, Lick - home decor brand, Goodstack - software solutions, and Runa Network - payment solutions. These investments highlight Ascension's focus on innovative and impactful companies across various industries.
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