Kindred Capital
London-based early-stage venture firm investing in European pre-seed and seed founders, known for its 'equitable venture' model that shares fund carry with portfolio founders.
Kindred Capital is a London-based early-stage venture capital firm founded in 2015, investing in pre-seed and seed founders across Europe. It runs an 'equitable venture' model that sets aside 20% of fund carry for portfolio founders, giving every founder it backs a stake in the fund's overall performance. Kindred closed a $130M Fund III in 2023, weighted roughly 70% pre-seed / 30% seed. It co-led the 2024 seed round and 2026 seed extension for UK AI-inference-chip startup Fractile.
Overview
- Firm
- Kindred Capital
- Headquarters
- London, UK
- Founded
- 2015
- AUM
- $130M Fund III (2023), weighted ~70% pre-seed / 30% seed
- Stages
- Pre-seed, Seed
- Thesis
- High-conviction pre-seed and seed investments in mission-driven European founders; sets aside 20% of fund carry for portfolio founders (its 'equitable venture' model).
Portfolio companies1
Partners0
No linked records yet.
Frequently asked
- What is Kindred Capital?
- High-conviction pre-seed and seed investments in mission-driven European founders; sets aside 20% of fund carry for portfolio founders (its 'equitable venture' model).
- How much does Kindred Capital manage?
- Kindred Capital manages $130M Fund III (2023), weighted ~70% pre-seed / 30% seed in assets, and was founded in 2015.
- What stages does Kindred Capital invest at?
- Kindred Capital invests at Pre-seed, Seed.
Sources & citations3
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Kindred Capital, an GBP80M seed VC firm in London launched in 2015, gives founders it backs a share of fund profits via its 'equitable venture' model
TechCrunch: Kindred Capital, an £80M seed VC firm in London, is giving founders it backs a share of fund profitsVerified2018-02-28 - 2
Kindred Capital raised a $130M third fund, shifting to ~70% pre-seed / 30% seed as later-stage investing dried up
Sifted: Kindred raises $130m third fund, doubles down on pre-seedVerified2023-04-20 - 3
Fractile secured a further $22.5M from Nato Innovation Fund, Kindred, and Oxford Science Enterprises in January 2026, separate from its 2024 $15M seed and 2026 $220M Series B
Sifted: AI chip startup Fractile secures $22.5m from Nato Innovation Fund, Kindred, Oxford Science EnterprisesReported2026-01-15