11. Draper Esprit

  • Draper Esprit is a venture capital firm, with offices in London, Cambridge and Dublin.
  • Draper Esprit invest in high growth technology companies with global ambitions.
  • In June 2016 Draper Esprit went public, becoming the first European VC to be publicly listed (LSE:GROW).

 

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About Draper Esprit

 

Founded in 2006 as Esprit Capital, the company was renamed Draper Esprit in 2015 after joining Silicon Valley investor Tim Draper and the Draper Venture Network (DVN), a global community of 24 independent funds. DVN has collectively backed businesses such as Baidu, Tesla, Cambridge Silicon Radio, Graphcore, PrimaryBid and Revolut.

The company invests across four sectors: Consumer, Digital Health & Wellness, AI, Deeptech & Hardware & Cloud, Enterprise & SaaS, Draper Esprit has also developed a FinTech investment thesis as the company invests in the future of financial services.

Draper Esprit are focused on investing in a diverse portfolio – to find ideas from across Europe, and help them grow globally.

Draper Esprit Funding & Investment

 

Draper Esprit has raised a total of £160M in funding over 4 rounds. Their latest funding was raised on Oct 2, 2020 from a Post-IPO Equity round. They are funded by 2 investors; Silicon Valley Bank and Ireland Strategic Investment Fund. Draper Esprit has raised a total of €157.7M across 4 funds, their latest being Seedcamp Fund II. This fund was announced on Jan 1, 2011 and raised a total of €5.2M.

Draper Esprit has made 163 investments. Their most recent investment was on May 20, 2021, when Cervest, a cloud-based provider of AI-powered Climate Intelligence, raised £16M. The company has made 4 diversity investments. Their most recent diversity investment was on Jun 19, 2018, when Crate.io, the leading open-source, distributed SQL database for relational and time-series data, raised $11M.

Draper Esprit has had 39 exits. Draper Esprit’s most notable exits include Trustpilot, Decibel, and Oxford Immunotec.

 

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