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Clarendon Fund Managers Ltd.

Venture capital

Belfast · Pre-Seed–Growth · 13 people tracked

Also known as Caroline Venture Management Limited · Dialmode (168) Limited

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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.

Stage
Pre-Seed–Growth
Check
$25K – $3.9M
HQ
Belfast, GB
Instruments
Equity · Debt
Founded
2001
AUM
$122.2M
Net assets · FY2024
$369.4K
Tracked investments
97

Team · 13 people

from the firm's website & public directories

What they invest in

from 68 of 97 portfolio companies

SaaS ×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 path
Adoreboardadoreboard.comin

Adoreboard 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

Aflo Analyticsafloanalytics.comin𝕏
AMPLY Discoveryamplydiscovery.comin

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-enginesanalyticsengines.com

Analytics Engines is a technology consultancy providing AI strategy, data science, data engineering, and delivery enablement services.

AI & Machine LearningData & InfrastructureEnterprise Software

Angokaangoka.io
Antennawareantennaware.co.ukin𝕏

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

Aramunearamune.com𝕏

Aramune Technologies develops natural plant-extracted compounds, added to animal feed, that modulate the immune system and gut microbiome to help livestock and companion animals resist harmful gut bacteria.

AgTechBiotechFoodTech

auditcomplyauditcomply.comin𝕏

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

Automated Intelligenceautomated-intelligence.com
Axial 3Daxial3d.comin𝕏

Axial3D provides automated segmentation and 3D surgical planning solutions for medical device companies and hospitals to enable patient-specific surgical care.

AI & Machine LearningHealthtechMedical Devices

Bia Analyticalbia-analytical.comin𝕏

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

Biomarxbiomarx.co.uk

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

Blinkytheblinkycompany.com
boatyardboatyarddistillery.com𝕏

The Boatyard Distillery produces spirits, including limited edition releases.

Consumer

Broker IQbrokeriq.co.ukin

BrokerIQ (now Yavia) is a customer engagement platform that connects businesses directly with their clients, offering tools for engagement, automation, and client retention.

Marketing TechSaaS

bubblebumbubblebum.co
Cadsharecadshare.comin𝕏

CADshare turns manufacturers' existing CAD design data into interactive 3D parts manuals and a cloud-based platform for remote aftermarket sales, spare parts e-commerce, and support.

Advanced ManufacturingE-commerceSaaS

Cartoncarecartoncare.co.uk

CartonCare produces printed cartons and packaging for brands in the healthcare, pharmaceutical, and food industries, including brand-protection features.

Advanced ManufacturingNew Materials

changeoverchangeovertechnologies.comin𝕏

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

CIGAcigahealthcare.com𝕏

CIGA Healthcare is a family-owned manufacturer of rapid diagnostic and self-test medical devices sold under its Suresign brand to pharmacies, health services, and retailers in over 70 countries.

BiotechHealthtechMedical DevicesBallymena, GB

cirdan-imagingcirdan.comin𝕏

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

Cocktail Keg Companycocktailkegcompany.com
cumulus-neurosciencecumulusneuro.comin

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 Therapeuticscv6t.com

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)

Datacticsdatactics.comin𝕏

Datactics provides data quality, matching, and data readiness solutions for regulated industries including financial services, public sector, and enterprises.

Data & InfrastructureEnterprise SoftwareGovTech

decom engineeringdecomengineering.co.ukin

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 Labsdiabetalabs.comin

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

diaceuticsdiaceutics.com

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

Estheresther.internationalin𝕏

ESTHER is a fintech infrastructure platform for delivering cash and voucher assistance, connecting governments, NGOs and payment providers to distribute humanitarian aid and social protection benefits.

FintechGovTechImpact & Social Good

Exact Commsexactcomms.comin𝕏

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

fingernails2gofingernails2go.com𝕏

Fingernails2Go makes nail art printing products that use HP printing technology to produce detailed patterns on nails in seconds.

ConsumerHardware

Fluid Focusfluidfocus.appin

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

Frontierxfrontierx.ai

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-antibodiesfusionantibodies.comin𝕏

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 Squaregenomediagnostics.co.uk

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

GoReportgoreport.comin

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

guardian-mpsguardianmps.comin

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

haruharu.co.uk
i3 digitali3digital.com
Ilimexilimex.co.uk
Inclutechinclutech.co
ingressoingresso.co.ukin𝕏

Ingresso operates a ticketing distribution platform that connects attractions, live entertainment, and sports venues to a network of global distribution partners through a single API.

B2B MarketplacesSaaSTravel & Hospitality

INQDATAinqdata.ai
Kelsiuskelsius.comin

Kelsius provides temperature monitoring and digital compliance systems, including its FoodTrak365 and CoolTrak365 products, offering real-time end-to-end tracking of food and medicines in transit.

FoodTechIoTSaaS

komodokomodomath.com

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

Life Cellsmylifecells.net

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

Lifepasslifepass.eu

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 Acquireliquidacquire.comin

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-locumlocatealocum.comin𝕏

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

LoyalBeloyalbe.ioin

LoyalBe operates a card-linked offers (CLO) platform that lets brands run performance marketing campaigns across in-store and online channels with transaction-level attribution.

AdTechFintechMarketing Tech

Lumenstreamlumenstream.comin

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

makematicmakematic.comin

Makematic produces educational films and video content, including animated history videos and professional learning courses for classroom use.

EdTechMedia & Entertainment

Modern D squaremoderndemocracy.comin

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

MSOmso.co.ukin

Van Genechten offers packaging services including design, production, and supply chain management, creating packaging trays and solutions for brands and products across various markets.

Advanced ManufacturingNew Materials

mycarneedsamycarneedsa.comin𝕏

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

Needineedi.co.uk

Armagh-based, female-founded tech start-up that raised just under £900,000 in a funding round.

Neurovalensneurovalens.comin𝕏
Photonic Measurementsphotonicmeasurements.com

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

pitchbookingpitchbooking.com
Plotboxplotbox.comin

PlotBox provides a deathcare management platform for cemeteries, crematories, and funeral homes, centralizing functions like plot inventory mapping, deceased records, scheduling, financials, and reporting.

Enterprise SoftwareSaaS

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Thomas Damien Callaghan

Director · Northern Irish · since 2021

Robert Andrew Brian Cummings

Director · British · since 2016

James Paul Curran

Director · British · since 2016

Neil Walter Cochrane Simms

Director · British · since 2003

Ownership & control

Neil Walter Cochrane Simms25–50% of shares

James Paul Curran25–50% of shares

Brian Cummings25–50% 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.

Images

Clarendon Fund Managers Ltd. photo

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