Ada Ventures Closes Second Fund, at GBP63M

ada ventures

Ada Ventures, a London, and Bristol, UK-based venture capital firm backing breakthrough ideas, closed a second fund, at GBP63M to back a diverse cohort of early-stage founders. 

Institutional investors backing Fund II included the British Business Bank, The University Of Edinburgh, Big Society Capital, Legal & General Capital, Atomico, the The Export and Investment Fund of Denmark (EIFO)and Molten Ventures. They have been joined by a number of founder investors, including Taavet Hinrikus, founder of Wise, and Illusian, family office founded by Ilkka Paananen, co-founder and CEO of Supercell.

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