London tech investor Talis Capital has raised $100m for tech investment in 2019, a record for the firm as it celebrates its 10th year of operation.
The firm, which is backed by a network of private investors, will invest in start-ups across the UK and Europe as well as the US.
Previous tech start-up investments include UK AI firm Darktrace, FinTech firm iwoca and biometrics firm Onfido.
Other investments vacation rental company The Plum Guide, and ‘digital hospital’ Medbelle.
Talis is now looking to invest in disrupters in data, PropTech, AgriTech and HealthTech.
In its decade of operation since founding in 2009, the firm has achieved more than $600m in transactions over its 40 investments and has seen a 220 per cent growth in assets under its advisory.
“The strength of our approach is based on two things: first we can move quickly to make decisions because our structure allows us to be agile, flexible and competitive in the fundraising process,” said Matus Maar, managing partner and cofounder of Talis Capital.
“Secondly, the investors who back us have had significant business success in their own right and they are prepared to leverage their networks to help our portfolio grow.
“We’ve consciously backed companies with the global potential to transform traditional industries significantly, using a technology-led or technology-enabled approach.”
Vasile Foca, managing partner and cofounder of Talis Capital added “The investors we work closely with want to back the next generation of innovators and disruptors.
“We can show them how to do that, and at an early enough stage when they can really make a difference.
“One of the reasons why we are successful is because we seek entrepreneurs and ideas that we can be passionate about and can leverage this passion and conviction with our LPs.
“Talis Capital has its roots in a family office, but has grown to incorporate over 30 individuals and families to offer a gateway to the best of the European venture capital scene.”