London- and Lisbon-based venture studio Creative Capital Ventures has launched an investment fund.
The fund combines financial backing with strategic growth acceleration for early-stage tech companies and IP acquisitions.
So far £15 million has been committed by institutional and private investors, including Saratoga Capital and Anthill Ventures, with a view to raising up to £41m by the end of Q1 2025.
The fund’s first round of capital is set to be deployed by year end 2024, with 18 initial investments and 11 follow-on investments targeted in startups across technology, digital media and innovative consumer products.
“We are excited to launch our new fund,” said John Darling, a key figure at Creative Capital Ventures. “It will provide critical capital and help scale innovative startups. We aim to foster long-term success for ambitious entrepreneurs.”
The fund will focus on high-growth sectors currently experiencing significant disruption, such as sports tech, media, entertainment and lifestyle (health and wellness).
Rich Britton, who leads the fund’s creative aspects, highlighted the importance of IP, particularly in immersive entertainment and music rights.
“Our fund is committed to supporting ventures innovating in IP-related fields, especially those creating immersive experiences and taking advantage of music rights,” he said. “This investment fund comes at the right time, as these areas are ripe for growth and offer tremendous opportunities for reinventing how creators produce and consumers consume content.”
Dominic Joseph outlined the operational framework and discussed how Pivotal, one of CCV’s venture studios, will play a crucial role in the fund’s strategy. CCV Studio is a product of CCV’s leading creative brands in marketing, design, and development, driving forward-thinking solutions.
“With Pivotal, we’re bringing a hands-on technique to the startup acceleration process. Our team will provide ongoing, tactical support that covers everything from strategic planning to operational execution, making certain that we position our investments for real and sustainable growth,” Joseph explained.