A monthly ranking based on Startupmag's tracking of active UK angel and venture capital investment.
May’s investor activity in the UK and Europe continued to show a layered market in which individual angels, venture capital firms and corporate backers all play distinct but complementary roles. AI and SaaS dominated the public angel activity, while VCs concentrated follow‑on capital into healthtech, biotech and enterprise AI across seed to growth stages. Corporate investors moved beyond traditional debt and sponsorship, deploying strategic equity to secure R&D pathways and commercial adjacencies. The month therefore reads as a clear pipeline: specialist angels and regional funds de‑risk product and early clinical work, venture firms commercialise and scale winners, and corporate capital underwrites strategic, infrastructure and regulatory ramps to market.
| Angel Investors | Location | Connect | Investment Focus | Startup Investments |
|---|---|---|---|---|
Mehdi Ghissassi is the CPO at AI71 and an angel investor known for his investmen... | ||||
Olivier Pomel is a French entrepreneur and angel investor best known as the co-f... | ||||
Thomas Wolf is a French AI researcher, entrepreneur, and angel investor best kno... | ||||
Russell Hart Russell Hart is a UK entrepreneur, investor, and business operator with a backgr... | ||||
Keith Williams Keith Williams is a biotech entrepreneur, advisor, and angel investor with more ... | ||||
| All angel investors | All locations | All investor sectors | All funded startups |
*These angel investors have publicly mentioned their interest in angel investing or are members of angel networks. (Last updated: June 2026)
In May, Mehdi Ghissassi, Olivier Pomel and Thomas Wolf were the most visible individual angels, joined by sector specialists Russell Hart and Keith Williams. AI and SaaS dominated the month, with high‑profile bets on model observability and inspection software. Fintech voice security and early biotech rounds appeared in the background. The dataset also highlights operator angels and ex‑founders playing active roles: Olivier Pomel and Thomas Wolf bring product and infrastructure pedigree, while Mehdi Ghissassi reads as a technical operator in AI. That mix is shaping where capital pools.
| Venture Capital Firms | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
![]() PXN Ventures( ) PXN Ventures is a UK-based venture capital firm focused on backing high-growth c... Manchester | ImperagenRightbrainEarswitch | |||
![]() General Catalyst( ) GC is an investment and transformation company that partners with entrepreneurs ... London | GeordieMultiverseEthos | |||
![]() Index Ventures( ) Index Ventures invests in visionary founders across diverse industries, prioriti... London | ||||
![]() Mercia( ) Mercia is a venture capital firm focused on fuelling UK business ambitions throu... Manchester | SurffGo SwagFifth Dimension | |||
| All VC firms | All investor sectors | All funded startups | All funding rounds |
General Catalyst, Index Ventures, PXN Ventures and Mercia emerged as the most active investors in May. The month was shaped by AI, healthtech and biotech alongside robust activity in cyber, fintech, data and ecommerce. The deal mix highlights both deeptech and enterprise AI themes, with several rounds explicitly targeting agentic AI, workforce skills platforms and biotech scale‑ups. Regional and mission‑led models feature prominently; PXN and Mercia run targeted UK and North‑of‑England strategies alongside global growth investors.
| Corporate Venture Capital Firms | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
![]() Scottish National Investment Bank( ) Edinburgh | EnteroBiotix | |||
![]() Deutsche Bank( ) Deutsche Bank is one of Europe’s largest financial institutions offering corpora... Frankfurt, Germany | Elliptic | |||
![]() NVIDIA( ) NVIDIA invests strategically in AI, compute, robotics, autonomous systems and de... | Recursive Superintelligence | |||
![]() Scania( ) Scania invests strategically in mobility, electrification, logistics and autonom... Stockholm, Sweden | Nyobolt | |||
| All VC firms | All investor sectors | All funded startups | All funding rounds |
May’s corporate‑investment ledger was dominated by two very different banks: the state‑backed Scottish National Investment Bank and Deutsche Bank, both increasingly active in supporting scale‑ups. Their commitments split neatly into two clusters. The first cluster was biotech and healthtech, where clinical programmes and microbiome therapeutics attracted capital. The second was fintech and structured‑finance infrastructure, centred on on‑chain analytics and compliance tools. Both are examples of non‑traditional corporate investors — public development banks and major universal banks — stepping into venture‑style rounds rather than only providing debt.
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