Episode1
UK enterprise-software-focused venture capital firm; participated in Phasecraft's seed and Series A rounds.
Episode 1 (Episode1 Ventures) is a London-based venture capital firm investing in pre-seed and seed-stage B2B software companies across the UK, backing founders from the '0-1' stage through Series A and beyond. Founded in 2013, it has raised roughly £170m cumulatively across three funds — Fund I (£37.5m, 2013), Fund II (£60m, 2017), and Fund III (£76m / ~$95m, closed February 2024) — with Fund III backed by the National Security Strategic Investment Fund (NSSIF), British Patient Capital, and Molten Ventures.
Overview
- Firm
- Episode1 Ventures
- Headquarters
- London, UK
- Founded
- 2013
- AUM
- ~£170m cumulative across three funds (Fund I £37.5m, Fund II £60m, Fund III £76m/~$95m closed Feb 2024), per the firm's own disclosure
- Stages
- Pre-Seed, Seed
- Thesis
- If it was easy — everyone would do it. Episode 1 looks for founders willing to go all-in chasing a defensible insight into an emerging or evolving market.
- X / Twitter
- x.com/episode1vc
- Website
- www.episode1.com
Portfolio companies1
Partners0
No linked records yet.
Frequently asked
- What is Episode1?
- If it was easy — everyone would do it. Episode 1 looks for founders willing to go all-in chasing a defensible insight into an emerging or evolving market.
- How much does Episode1 manage?
- Episode1 manages ~£170m cumulative across three funds (Fund I £37.5m, Fund II £60m, Fund III £76m/~$95m closed Feb 2024), per the firm's own disclosure in assets, and was founded in 2013.
- What stages does Episode1 invest at?
- Episode1 invests at Pre-Seed, Seed.
Sources & citations2
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Episode 1 was founded in 2013 and has raised £170m across three funds (Fund I £37.5m, Fund II £60m).
Wikipedia: Episode 1 (company)Verified2026-08-09 - 2
Episode 1 closed a £76m ($95m) Fund III in February 2024, backed by the National Security Strategic Investment Fund, British Patient Capital, and Molten Ventures.
TechCrunch: The Episode 1 teamVerified2024-02-05