7 percent

7percent Ventures is an entrepreneur-led, transatlantic venture capital firm that focuses on early-stage investments in ambitious founders. The firm seeks out "moonshot" ideas and breakthrough technologies that have the potential to significantly transform markets and solve major global problems. They are particularly interested in companies aiming for 200x returns and those demonstrating a week-on-week growth rate of 7% in their key metrics, or around 30% month-on-month, which they believe defines a true startup.

Founded in 2014, 7percent Ventures was established by ex-founders who leverage their extensive operational and investment experience in both the UK and US tech ecosystems. Their philosophy is rooted in empathy for founders, having navigated the challenges of building, growing, and selling tech startups themselves. The firm aims to be a supportive partner, offering candid feedback and access to a curated network of advisors and fellow portfolio founders.

The firm's portfolio showcases a commitment to deep tech and transformative solutions, including companies like MAGdrive, which is developing next-generation electric spacecraft propulsion, Oculus VR, a pioneer in virtual reality hardware, and Universal Quantum, focused on building the world's first million-qubit quantum computers. Other notable investments span across various cutting-edge sectors, such as Greenjets in aerospace and defense, xAI in business/productivity software, and Béa Fertility in therapeutic devices.

The 7percent Ventures team comprises experienced operators with entrepreneurial backgrounds, many of whom have lived and worked in Silicon Valley. Key team members include Founding Partner Andrew J Scott, Partner Advisor Sir Grant Shapps, Partner Dylan Bourguignon, Investor Harry Morgan, Partner Advisor Jose Bonchristiano, and Venture Partners Duncan Grierson and Wayne Gibbins. Their combined experience and transatlantic networks are integral to their strategy of backing and nurturing disruptive technologies.