Clarendon Fund Managers Ltd.
Venture capitalBelfast · Pre-Seed–Growth · 13 people tracked
Also known as Caroline Venture Management Limited · Dialmode (168) Limited
Investment thesis
Clarendon Fund Managers operates regional venture capital funds focused on Northern Ireland, backing ambitious teams leading high-growth companies across start-up, early-stage, growth and expansion phases. Through the Investment Fund for Northern Ireland (part of the British Business Bank's Nations and Regions programme), it makes equity investments of £250k to £3m. It also manages Co-Fund NI, which co-invests alongside business angels and syndicates, matching 35% against 65% private capital. Legacy funds (Viridian Growth Fund and Nitech Growth Fund) targeted IT, manufacturing, tradable services and R&D-led commercialisation but are no longer making new investments. The firm aims to expand the supply and diversity of early-stage finance across Northern Ireland.
Source: firm website, verified Aug 3, 2026.
Team · 13 people
from the firm's website & public directoriesWhat they invest in
from 68 of 97 portfolio companiesSaaS ×25Biotech ×16Healthtech ×15AI & Machine Learning ×13Enterprise Software ×7Hardware ×7Medical Devices ×7Advanced Manufacturing ×6
HQs:United Kingdom×23Ireland×1
Investments · 97 tracked
founders shown can be your intro pathAdoreboard is a customer experience analytics platform that uses purpose-built AI to analyze customer and employee feedback, quantify emotional intensity into a Trust Score, and link CX themes to revenue impact.
AI & Machine LearningMarketing TechSaaS
AMPLY Discovery is a UK-based biotech company that uses AI and computational biology to identify therapeutic targets in non-coding regions of the genome and develop first-in-class drugs through an integrated discovery platform combining machine learning with wet-lab validation.
AI & Machine LearningBiotechDeep TechHealthtechBelfast, GB
Oliver Rausch(CSO)in
Analytics Engines is a technology consultancy providing AI strategy, data science, data engineering, and delivery enablement services.
AI & Machine LearningData & InfrastructureEnterprise Software
Antennaware develops BodyWave antenna technology that overcomes body blocking in wireless wearables, generating electromagnetic waves that flow around the human body to maintain reliable connections across Sub-GHz, 1.9 GHz, 2.4 GHz, and UWB frequencies.
Deep TechHardwareIoT
AuditComply is a mobile-first platform for managing enterprise risk, compliance, and quality, letting organizations build custom audit templates, digitize workflows, and monitor performance across departments and suppliers.
Advanced ManufacturingEnterprise SoftwareSaaS
Bia Analytical develops authenticity screening methods for food using spectroscopy and AI-powered chemometrics to verify product integrity across the supply chain.
AI & Machine LearningDeep TechFoodTech
Biomarx develops automated liquid biopsy diagnostics using biosensing technologies for early cancer and disease detection, delivering test results in under two hours at low cost.
BiotechDigital HealthMedical Devices
CartonCare produces printed cartons and packaging for brands in the healthcare, pharmaceutical, and food industries, including brand-protection features.
Advanced ManufacturingNew Materials
Changeover Technologies develops patented formula and pelletising technology that converts discarded fine-particle waste streams into recyclable pellets, aimed at cleaning up legacy waste and reducing CO2 emissions.
Circular EconomyCleantechNew MaterialsBelfast, GB
Cirdan builds laboratory information systems and diagnostic software for clinical and pathology laboratories, covering the full clinical pathway with real-time data analysis and AI-based workflow tools.
AI & Machine LearningHealthtechSaaS
Cumulus Neuroscience develops the NeuLogiq platform, which combines digital cognitive assessments and neurophysiological (brain function) data for in-clinic and at-home longitudinal monitoring.
BiotechDigital HealthHealthtech
CV6 Therapeutics develops investigational cancer therapies designed for combination use with established standards of care, with a lead program (CV6-168) intended to enhance the activity of 5-fluorouracil and other thymidylate synthase-targeted therapies.
BiotechHealthtech
Robert D. Ladner(CEO & Founder)
Decom Engineering designs and deploys subsea and onshore "Chopsaw" cold-cutting tools and bespoke cutting systems for the offshore energy sector, including precision cuts on risers, conductors and mooring chains.
Advanced ManufacturingEnergyHardwareAberdeen, GB
Dia Beta Labs is a UK-based biotech company developing a pipeline of engineered therapeutic peptides that target beta-cell receptors to treat metabolic diseases such as Type 2 diabetes and obesity.
BiotechHealthtechLongevity
Diaceutics operates DXRX, a diagnostic commercialization platform that integrates real-world lab, genomic, clinical, claims, and social-determinants data to help pharma and biotech companies commercialize precision-medicine therapies.
BiotechData & InfrastructureDigital Health
Exact Comms offers a contactless monitoring platform for facility management and compliance, using real-time location systems to track staff activity, asset usage, and time-and-attendance records.
Enterprise SoftwareIoTSaaS
Fingernails2Go makes nail art printing products that use HP printing technology to produce detailed patterns on nails in seconds.
ConsumerHardware
Fluid Focus is a mobile app that helps users reduce distracting screen time and build productivity habits by blocking distracting apps and rewarding focus with "Fluid Coins" redeemable for charity donations, wellness brand discounts, and prize draws.
ConsumerFuture of WorkWellness & Fitness
Frontier AI is a real-time sales assistant that joins sales calls to guide reps with suggested questions, answers, and product insights, and captures conversations to surface coaching insights and build data-driven playbooks.
AI & Machine LearningSaaSSales Tech
Fusion Antibodies is a contract research provider offering end-to-end antibody development services, from antigen design through cell line development, for organizations advancing therapeutic antibodies toward the clinic.
BiotechHealthtech
Genome Diagnostics develops blood-based liquid biopsy tests for cancer detection and monitoring, including a product for ovarian cancer recurrence detection and one for early pancreatic cancer detection.
BiotechHealthtechMedical Devices
GoReport is a digital data capture and reporting platform for surveyors and property professionals, letting them collect site, asset, and inspection data via a mobile app (including offline) and generate standardised, branded reports in PDF, Word, Excel, or PowerBI.
Construction TechPropTechSaaS
GuardianMPS provides lone worker safety solutions, including a cloud-based dashboard for real-time reporting and automation, a mobile app for alerts and emergency notifications, a single-button panic device, and a 24/7 monitoring team that verifies alarms and dispatches emergency services.
HardwareIoTSaaS
Komodo is a maths learning app for children aged 4 to 11, designed by teachers to build foundational maths skills through short, personalised sessions used at home.
ConsumerEdTech
LifeCellsNI provides cord blood and stem cell extraction and cryogenic storage services for individuals and families, alongside laboratory rentals with GMP-grade processing for researchers, biotech companies, and clinical trials.
BiotechHealthtechLongevity
LifePass provides a ski pass device with a built-in SOS button and a companion mobile app offering a digital resort map and group location sharing, aimed at skiers and their families.
HardwareIoTSports Tech
Liquid is an AI-native data room and due diligence platform for dealmakers, consolidating deals, documents, communications, and Q&A into a single end-to-end system.
AI & Machine LearningFintechSaaS
Locate a Locum provides a platform for healthcare workers to find work and manage their working life, and for healthcare organisations to manage their workforce end to end.
HealthtechHR TechMarketplaces
LumenStream provides Lighting as a Service (LaaS) for commercial and industrial facilities, upgrading premises to energy-efficient LED systems with no upfront cost in exchange for a fixed monthly service fee paid from resulting energy savings.
CleantechClimate TechEnergy
Modern Democracy provides a cloud-based digital polling station platform used by local government councils to manage polling stations, verify voter check-ins, and generate real-time analytics and reports.
Cloud ComputingGovTechSaaS
MyCarNeedsA.com is an online marketplace that connects car owners with pre-approved local garages and mechanics, letting users describe what their vehicle needs and receive quotes by email.
ConsumerMarketplacesMobility & Transportation
Armagh-based, female-founded tech start-up that raised just under £900,000 in a funding round.
Photonic Measurements develops water quality monitoring instrumentation, including online, inline and portable optical sensors and analysers that measure parameters such as nitrate, UV transmittance/absorbance, TSS and MLSS in real time.
CleantechClimate TechHardware
Portfolio news
latest coverage across their companiesAMPLY Discovery · finsmes.com · Feb 13, 2026
Principals & officers · per Companies House
what is this? ⓘDirector · Northern Irish · since 2021
Director · British · since 2016
Director · British · since 2016
Director · British · since 2003
Neil Walter Cochrane Simms — 25–50% of shares
James Paul Curran — 25–50% of shares
Brian Cummings — 25–50% of shares
Frequently asked questions
- What stage does Clarendon Fund Managers Ltd. invest at?
- Clarendon Fund Managers Ltd. invests at the Pre-Seed, Seed, Series A, Growth stages.
- What is Clarendon Fund Managers Ltd.'s typical check size?
- Clarendon Fund Managers Ltd. typically writes checks of $25K – $3.9M.
- What sectors does Clarendon Fund Managers Ltd. focus on?
- Clarendon Fund Managers Ltd. focuses on Advanced Manufacturing, Biotech, Deep Tech, Energy, Enterprise Software, FoodTech, Healthtech, IoT, Medical Devices, New Materials, SaaS, Sector Agnostic.
- Where is Clarendon Fund Managers Ltd. located?
- Clarendon Fund Managers Ltd. is headquartered in Belfast, GB.
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