Celero Ventures Targets £20m Fund for Software Startups

Funding | Jul 04, 2025 | UK Tech Funding

Celero Ventures Targets £20m Fund for Software Startups

Celero Ventures, a British venture capital firm, has announced the launch of its first investment fund, worth £20 million, aimed at early-stage software startups in the UK and Europe. Founded by former Databricks executives Dave Wyatt and Nick Cochran, the firm plans to invest in up to 25 companies with a focus on AI, data tooling, and infrastructure software. The fund, anchored personally by Wyatt and Cochran, strives to provide practical and experienced support to startup founders. Celero Ventures has already made its first investment in Catio, a startup in AI infrastructure. London's Deputy Mayor, Howard Dawber, commented on the fund's potential to bolster London's position as a tech leader and to transform startups with its financial backing.

Sectors

  • Venture Capital
  • Technology

Geography

  • UK – Celero Ventures is based in London and seeks to invest in UK startups.
  • Europe – The fund is open to investments in early-stage companies across Europe.

Industry

  • Venture Capital – The article centers around Celero Ventures establishing a new fund, a common activity within the venture capital industry.
  • Technology – The fund targets early-stage software startups in AI and data tooling, firmly placing the article within the technology sector.

Financials

  • £20 million – The size of the Celero Ventures' fund aimed at early-stage software startups.

Participants

NameRoleTypeDescription
Celero VenturesVenture Capital FirmCompanyA British venture capital firm founded by former Databricks executives Dave Wyatt and Nick Cochran.
CatioPortfolio CompanyCompanyA startup focusing on AI infrastructure, one of the first investments made by Celero Ventures' new fund.
Dave WyattFounderPersonCo-founder of Celero Ventures and former Databricks executive.
Nick CochranFounderPersonCo-founder of Celero Ventures and former Databricks executive.
Howard DawberGovernment OfficialPersonLondon's Deputy Mayor of Business and Growth, who commented on the significance of the fund.