About This Fund
The Episode 1 Investments 3 fund primarily targets early-stage startups located in the U.K., with a significant amount also allocated for follow-on rounds. They are focused on investments in software companies in sectors such as AI, infrastructure, health, open source, "techbio," and marketplaces. They also consider investments in U.S. and European startups with a significant U.K. presence. The fund has built in-house "data-driven deal sourcing tools" to identify founder talent early in the process, gathering data from platforms such as LinkedIn, Product Hunt, and GitHub. Additionally, they have LPs who are former or current founders, providing access to a network of potential deal flow and market insights. They have made around 15 investments so far since opening the new fund, with a quarter of these sourced using their new data-driven tooling. As with its previous funds, Episode 1 is targeting investments of between £250,000 and £3 million at pre-seed and seed-stage startups located substantively in the U.K., while retaining a “signifiant amount” to invest in follow-on rounds. Its core focus will be on software companies in the AI, infrastructure, health, open source, “techbio,” and marketplace spaces. It will also consider investments in U.S. and European startups where they have a significant U.K. presence.