EMV Capital
Venture capitalLondon · Pre-Seed–Series B · 19 people tracked
Also known as Greybridge It Limited · Netscientific Limited · Netscientific Plc
Investment thesis
EMV Capital focuses on generating strong investor returns by investing in early-stage companies operating in fast-growing sectors and technologies expected to shape the future. It targets businesses with attractive intellectual property and both high growth and impact potential. The firm applies a proactive, hands-on management style, working closely with companies over an extended period to advance them toward key value inflection points. Its capital-efficient model draws on its own balance sheet and syndicate investments. EMV concentrates on three areas: life sciences addressing healthcare system challenges, deeptech spanning industrials, robotics and AI, and sustainability including renewable energy, resource efficiency, waste reduction and sustainable supply chains.
Source: firm website, verified Aug 3, 2026.
Team · 19 people
from the firm's website & curatedWhat they invest in
from 51 of 61 portfolio companiesDeep Tech ×20Biotech ×16Healthtech ×16Hardware ×14AI & Machine Learning ×13Digital Health ×9Medical Devices ×9New Materials ×9
HQs:United Kingdom×24United States×5
Who they back
founder profiles across 16 portfolio companiesFounding team size:solo founder×92 founders×43 founders×3
Investments · 61 tracked
founders shown can be your intro pathBy year:2026 · 12023 · 22020 · 14 dated
NASDAQ-listed company harnessing immunology for therapeutic development
BiotechNorth Brunswick, US
Frank K. Bedu-Addo(Executive Officer)
Co-investorsYorkville Advisors
Cytovale develops microfluidic deformability cytometry technology for immune response diagnostics, with a focus on early detection and diagnosis in hospital settings.
BiotechDigital HealthHealthtechMedical DevicesSan Francisco, US
Ajay Shah(Co-founder & CEO)inHenry Tse(Co-founder & Chief Technology Officer)inDino DiCarlo(Director, Promoter)
BoardLindy Fishburne(Director)inJack Fuchs(Director, Promoter)in
Co-investorsAlumni VenturesBasecamp FundBlackhorn VenturesBreakout LabsBreakout VenturesIT-Farm Corporation+3 more
AIVIVO develops drug discovery solutions at the organism level, focusing on accelerating pharmaceutical development processes.
AI & Machine LearningBiotech
Peyman Gifani(Founder)in
Co-investorsManta Ray VenturesMartlet Capital
Allfocal Optics develops nanophotonic display technology based on research from Cambridge University, aimed at improving visual clarity and comfort.
Deep TechHardwareSemiconductorsCambridge, GB
Dr. Pawan Shrestha(Founder)in
Co-investors7percent VenturesMartlet Capital
AMR Bio is a clinical-stage biotechnology company developing novel anti-infectives, with a focus on infection prevention.
BiotechHealthtech
Axol Bioscience manufactures human induced pluripotent stem cell (iPSC)-derived cells and provides laboratory services including iPSC banking, reprogramming, gene editing, and cell manufacturing for preclinical drug discovery and disease modeling.
BiotechDeep TechHealthtech
Co-investorsCambridge Angels groupMartlet Capital
Cambridge GaN Devices (CGD) designs ICeGaN gallium nitride power transistors that integrate temperature control and gate reliability features and can be driven by standard silicon gate drivers.
Deep TechHardwareSemiconductors
Fabio Necco(CEO)
Co-investorsCambridge Innovation CapitalIQ CapitalMartlet CapitalBritish Patient Capital
Co-investorsAtlantic Bridge VenturesSony Ventures CorporationSupernova Invest
Cambridge Nutraceuticals develops health supplements based on scientific research, aimed at supporting longer and healthier lives.
ConsumerLongevityWellness & Fitness
Co-investorsMartlet Capital
Camstent develops a patented Bacteriaphobic (bacteria-repelling), non-eluting polymer coating for silicon-based medical devices such as Foley catheters, endotracheal tubes, chest drain tubes, and cannulas.
HealthtechMedical DevicesNew Materials
Co-investorsCambridge Angels groupMartlet Capital
Converge builds concrete monitoring and management tools for construction contractors, including embedded and reusable long-range sensors and AI-powered mix insights under its ConcreteDNA suite.
Advanced ManufacturingAI & Machine LearningConstruction TechIoTLondon, GB
Raph Scheps(CEO)inGideon Farrell(CTO)inRaphael Scheps(Founder)
Co-investorsCambridge Angels groupClimate InvestmentEntrepreneur FirstJ-ImpactMartlet Capital
Deeptech Labs is a venture capital fund and accelerator that invests £100k–£350k in post-seed and seed-stage deeptech startups and runs a structured multi-week program ending in a Demo Day.
Deep TechCambridge, GB
Co-investorsARMCambridge Innovation Capital
DeepTech Recycling develops a patented chemical recycling technology platform that converts complex, hard-to-recycle plastics into base chemicals, monomers, feedstock, and other high-value products.
Circular EconomyCleantechNew Materials
Genetic testing platform for complex diagnostic workflows from patient sampling to result
Dogtooth develops commercial robotic harvesting systems for fruit growers, using on-board 360-degree imaging to pick berries and inspect them for mass, ripeness, and defects.
AgTechAI & Machine LearningRobotics
Co-investors24 HaymarketMartlet Capital
Echion Technologies is a battery technology company that develops and commercialises XNO®, a niobium-based fast-charging battery anode material supplied to cell manufacturers worldwide.
CleantechDeep TechEnergyNew Materials
Jean de la Verpillière(CEO & Co-founder)Alex Groombridge(CTO & Co-founder)Ben Ting(Chief Commercial Officer)Sarah Stevenson(Chief Operating Officer)Ceri Neal(Chief Financial Officer)
Co-investorsKima VenturesMartlet CapitalVolta Energy Technologies
EpiBone engineers bone tissue from stem cells for regenerative medicine and clinical reconstruction, serving patients requiring bone grafts or craniofacial repair.
BiotechHealthtechMedical DevicesNew York, US
Nina Tandon(Co-Founder, CEO)Sarindr Bhumiratana(Co-Founder)Gordana Vunjak-Novakovic(Director)Elma Hawkins(Director)
BoardRobert Langer(Director)David Zhu(Director)in
Co-investorsBeresford VenturesHackensack Meridian Health Bear's DenKendall Capital PartnersPlum Alley InvestmentsTachyon VenturesTech Council Ventures
Exonate is a biotechnology company developing treatments for retinal vascular diseases, with a lead asset (EXN407) intended as a topical therapy for diabetic retinopathy and diabetic macular oedema.
BiotechDigital HealthHealthtechMedical Devices
Olav Hellebø(Chief Executive Officer)
Co-investorsO2h VenturesWellcome TrustWren CapitalCambridge Angels groupMartlet CapitalStoic VC+1 more
FocalPoint develops S-GNSS and Supercorrelation software that improves the accuracy and reliability of standard GNSS receivers using physics and machine learning, without additional hardware.
AI & Machine LearningDeep TechMobility & Transportation
Co-investorsCambridge Angels groupMartlet CapitalMolten VenturesIQ Capital
Medical technology company developing diagnostics for Functional Gastrointestinal Disorders
Mountain View, US
Steve Axelrod(Executive Officer, Director, Promoter)David Kim(Director)
Glycotest develops diagnostic tests for the early detection of liver disease and liver cancer.
BiotechDigital HealthHealthtechMedical DevicesMerion Station, US
Charles Swindell(Executive Officer, Director)
BoardIlian Iliev(Director)inEd Hooper(Director)inJenny Jiang(Director)
Co-investorsFosun Pharma
Mindler (previously ieso) provides one-to-one, therapist-delivered text-based cognitive behavioural therapy (CBT) delivered online to patients, using de-identified therapy data and analysis to inform treatment.
Digital HealthHealthtechMental Health
Co-investorsCambridge Angels groupMartlet CapitalMolten Ventures
Infinitopes develops immunotherapy treatments for cancer, focusing on immune-oncology and antigen discovery solutions aimed at improving patient outcomes and affordability in cancer care.
AI & Machine LearningBiotechHealthtechMedical DevicesOxford, GB
Jonathan Kwok(Co-Founder, President & Chief Medical Officer)inLian Ni Lee(VP Preclinical & Co-Founder)in
Co-investorsAmplify PartnersManta Ray VenturesOctopus VenturesKindred CapitalMartlet Capital
Kalium Health is developing personalised, at-home health monitoring for chronic kidney disease, aimed at helping healthcare providers and patients track key risks to improve outcomes and reduce costs.
Digital HealthHealthtechMedical DevicesCambridge, GB
Fiona Karet(Chief Medical Officer)
Co-investorsMartlet CapitalCambridge Angels group
Myrtle.ai develops low latency AI inference products, including its VOLLO inference accelerator, that run machine learning models in microseconds.
AI & Machine LearningFintechHardware
Co-investorsMartlet CapitalNew Science VenturesIQ Capital
NoBACZ Healthcare develops antibiotic-free, patented liquid barrier products for wound and lesion management, creating waterproof physical barriers that block microbes as an alternative to topical antimicrobials.
AgTechBiotechHealthtechNew Materials
Co-investorsAdjuvoCambridge Angels groupMartlet CapitalThe Yield Lab EuropeThe Yield Lab
Nu Quantum develops quantum networking solutions to enable commercial quantum computer scaling.
Deep TechHardwareQuantum ComputingCambridge, GB
Dr. Carmen Palacios-Berraquero(Founder and CEO)Carmen Palacios-Berraquero(Founder)in
Co-investors7percent VenturesAhren Innovation CapitalAmadeus Capital PartnersExpeditionsIQ CapitalMartlet Capital+4 more
NunaBio manufactures high-complexity DNA constructs from challenging sequences up to production-scale volumes using a modular, cell-free "DNA micro-foundry" platform.
BiotechDeep TechHardwareNew Materials
Co-investorsMartlet CapitalMaven Capital PartnersNorthstar Ventures
OctaiPipe offers a collaborative AI platform that optimises data centre cooling to cut cooling energy use by up to 30% and reduce total building energy costs.
AI & Machine LearningCleantechEnergyEnterprise SoftwareIoT
Co-investorsDouble DownMartlet CapitalMolten VenturesMomenta VenturesSuperSeed
Targeted radiopharmaceutical cancer treatment company
Oxford Space Systems designs and manufactures deployable antennas for satellites, focused on reducing mass and improving stowage efficiency and performance.
Deep TechHardwareSpace TechHarwell, GB
Sean Sutcliffein
Co-investorsCambridge Angels groupFuture Planet CapitalLongwall Venture Partners LLPMartlet CapitalOxford Investment Opportunity NetworkOxford Investment Opportunity Network (OION)+4 more
Paragraf develops graphene-based electronic devices, including molecular sensors (electrolyte-gated field-effect transistors) for biosensing and chemical sensing, and Hall effect sensors for current, position, and magnetic field measurement at cryogenic temperatures.
Deep TechNew MaterialsSemiconductorsCambridgeshire
Simon Thomas(Chief Executive Officer of the issuer.)
Co-investorsAmadeus Capital PartnersBlack Opal VenturesCambridge Angels groupIn-Q-TelIQ CapitalMartlet Capital+4 more
PatientSource is a cloud-based, modular electronic patient record (EPR/EMR) system built by clinicians for hospitals, clinics and departments.
Digital HealthHealthtechSaaS
Co-investorsCambridge Angels group
Pencil Biosciences develops a fully synthetic, modular, non-CRISPR gene editing platform that edits DNA without causing a break or nick.
BiotechDeep TechHealthtech
Co-investorsFuture Planet CapitalMartlet CapitalNorthern GritstoneOctopus VenturesUK Innovation & Science Seed Fund
Pervasid develops TrackMaster, a fixed ceiling-mounted passive RFID reader system that provides real-time, item-level inventory visibility with over 98% accuracy and no manual scanning.
HardwareIoTRetail Tech
Co-investorsMartlet CapitalStanley Ventures
PharmEnable is a small molecule drug discovery company that uses AI to access novel chemical spaces and target proteins that are difficult to drug with traditional approaches.
AI & Machine LearningBiotechDeep Tech
Plastometrex develops materials-testing instruments based on its proprietary Profilometry-based Indentation Plastometry (PIP), which extracts stress-strain curves from indentation data using inverse finite element analysis.
Deep TechHardwareNew Materials
Co-investorsMartlet Capital
Plumis manufactures Automist, a water mist fire suppression system that connects to the standard water supply and uses wall-mounted nozzles to suppress fires with less water than sprinklers.
Construction TechHardwarePropTech
Co-investorsCambridge Angels group
PointGrab makes AI-powered ceiling sensors that detect presence, count people, and track space utilization without cameras or personal data collection, delivering occupancy data for workplace management.
AI & Machine LearningIoTPropTech
Co-investorsEcoMachines Ventures
Porotech develops MicroLED display technology, offering components and technology consultancy through partnerships and R&D.
Deep TechHardwareSemiconductors
Co-investorsIQ Capital
Psyomics builds behavioral health assessment tools, including beseen™, which captures structured data and free text from patients, families, and professionals to support clinical pathways for adults and young people.
Digital HealthHealthtechMental Health
Dr. Melinda Rees(Chief Executive Officer)inRupert Hipwell(Chief Commercial Officer)inAlex Nancekievill(Chief Technology Officer)in
Co-investorsCambridge Angels groupMartlet Capital
Q-Bot installs underfloor insulation beneath suspended timber or concrete floors, applying closed-cell foam either robotically or by hand to reduce heat loss and draughts.
CleantechPropTechRobotics
Co-investors2050 CapitalAdjuvoEcoMachines VenturesFoundamental
Qkine manufactures animal-free recombinant bioactive proteins, including growth factors, cytokines, biomarkers, and attachment factors, for stem cell, organoid, and cell culture research.
BiotechDeep TechCambridge, GB
Co-investorsCambridge Angels groupMartlet CapitalOxford Investment Opportunity Network (OION)
Brain and neurological disease diagnosis company
Cellulose-based sustainable colorants for fashion, cosmetics, and packaging.
Co-investorsCambridge Angels groupMartlet CapitalSustainable VenturesAda Ventures
RoboK offers SiteLens®, an AI computer vision platform that analyzes existing CCTV footage to detect workplace hazards, monitor PPE compliance, identify near misses, and generate safety KPI and compliance reports.
Advanced ManufacturingAI & Machine LearningLogistics & Supply Chain
Co-investorsCambridge Angels groupMartlet Capital
Medical technology company founded to address global climate crisis through healthcare innovation
Semarion is an advanced materials engineering company that makes SemaCyte microcarriers — barcoded, microfabricated micro-wells that turn adherent cells into assay-ready reagents compatible with automated 384-well liquid-handling workflows.
BiotechDeep TechNew Materials
Co-investorsMartlet Capital
Signaloid develops UxHw technology, a compute platform that propagates uncertainty by evaluating a distribution of inputs in a single program execution to produce distribution-based results.
AI & Machine LearningDeep TechHardwareSemiconductors
Phillip(Founder, CEO/CTO)
Co-investorsCambridge Angels groupIQ CapitalMartlet CapitalType One Ventures
Sofant develops satellite communication terminal technology, including RF MEMS beamforming phased array antennas, optimized for size, weight, power consumption and cost.
Deep TechHardwareSpace Tech
Co-investorsKelvin CapitalSeraphim SpaceShibumi InternationalScottish Enterprise
Sorex Sensors develops sensors based on film bulk acoustic resonator (FBAR) technology for indoor air quality monitoring, detecting toxic particulates and volatile organic compounds in the sub-PM2.5 range.
Deep TechHardwareIoT
Co-investorsCambridge Angels groupMartlet Capital
Spotta builds IoT-based pest detection systems that automatically monitor for insects such as bed bugs, red palm weevil, and forestry pests.
AgTechAI & Machine LearningHardwareIoTCambridge, GB
Robert Fryers(Founder & CEO)inNeil D'Souza-Mathew(Founder & CTO)inRob Alner(COO)inMike Payne(Finance Director)
Co-investorsBayes Entrepreneurship FundCambridge Angels groupMartlet CapitalREMUS CapitalThe Yield Lab EuropeThe Yield Lab
Strolll offers an augmented reality platform for neurological rehabilitation, providing gait training, rehab exercises, and assessments in one system.
Digital HealthHealthtechMedical Devices
Tom Finn(Founder)in
Co-investorsFuture Planet CapitalIW CapitalKluz VenturesMartlet Capital
Techspert provides an expert-sourcing platform for market research teams in life sciences and healthcare, using in-house search technology to find vetted specialists for quantitative and qualitative studies.
AI & Machine LearningB2B MarketplacesHealthtechSaaS
Dave Holden(CEO & Co-Founder)Chris Musgrove(CFO)Jamie Beard(COO)
Co-investorsWestern Technology Investment
TransparentChoice provides a project portfolio prioritization system combining a criteria-based decision framework, a portfolio management platform, and expert PMO advisory support.
Enterprise SoftwareSaaS
Co-investorsCambridge Angels groupMartlet Capital
Tripism is a platform for corporate travel teams to communicate travel program information and engage with business travelers, replacing outdated travel intranets.
Enterprise SoftwareSaaSTravel & HospitalityCambridge, GB
Adam Kerr(Founder)
Co-investorsMartlet Capital
Benchtop solution for label-free, sample preparation-free isolation and purification
Intelligent platform for Remote Patient Monitoring and Virtual Care
Xampla is a materials innovation company that develops Morro plant-based polymer materials as biodegradable, home-compostable alternatives to polluting plastics.
Circular EconomyDeep TechNew MaterialsCambridge, GB
Tuomas Knowles(Professor / Founder)Marc Rodriguez(CTO)Marc Rodríguez Garciain
Co-investorsAmadeus Capital PartnersAvonmore DevelopmentsCambridge Angels groupEmerald Technology Ventures AgHorizons VenturesMartlet Capital+3 more
Exits · 1
IPOs and acquisitions across the tracked portfolioPDS BiotechnologyNASDAQ: PDSB
Portfolio news
latest coverage across their companiesPDS Biotechnology · investing.com · Aug 11, 2026
Glycotest · technical.ly · Aug 6, 2026
ProAxsis · respiratory-therapy.com · Jul 23, 2026

▶︎ CYTOVALE · funderintel.com · Jul 16, 2026
Cambridge Nutraceuticals · trysignalbase.com · Jun 16, 2026
Sofant · scottishfinancialnews.com · Dec 24, 2025
Principals & officers · per Companies House
what is this? ⓘSecretary · since 2025
Director · British · since 2022
Director · British · since 2019
Director · British · since 2022
Director · British · since 2023
Frequently asked questions
- How many investments has EMV Capital made?
- EMV Capital has 61 tracked investments, including 1 dated in the last 24 months.
- What stage does EMV Capital invest at?
- EMV Capital invests at the Pre-Seed, Seed, Series A, Series B stages.
- What sectors does EMV Capital focus on?
- EMV Capital focuses on AI & Machine Learning, Biotech, Cleantech, Climate Tech, Deep Tech, Energy, Healthtech, Impact & Social Good, Robotics, Semiconductors.
- Where is EMV Capital located?
- EMV Capital is headquartered in London, GB.
- Does EMV Capital lead rounds?
- Yes, EMV Capital leads investment rounds.
- Who does EMV Capital co-invest with?
- EMV Capital most often shares deals with Martlet Capital, Cambridge Angels group, IQ Capital, among 79 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInterview with EMV Capital CEO, Dr Ilian Iliev
Vox Markets · Ilian Iliev

Investing in high-tech industries – Dr Ilian Iliev, EMV Capital Evergreen EIS Fund
Wealth Club · Ilian Iliev · youtube.com
GrowthInvest - Adviser Hour: Interview with Dr Ilian Iliev - MD at EMV Capital
EMV Capital Perspectives · Ilian Iliev
Images
Similar investors
Simsan Ventures is a venture capital firm focused on backing overlooked and underrepresented founders, aiming to democratise access to entrepreneurship and support diverse emerging investors.
Supernova Invest is a venture capital firm providing expertise and patient capital to high-growth deeptech start-ups, helping scale them globally.
UntroD Capital is a deep-tech-focused investment firm that backs research-and-development-driven startups whose innovative technologies address challenges facing the planet and humanity, an approach it terms 'Real Tech'.
DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.
Safar Partners is an early-stage technology investment firm that backs startups spun out of leading research universities, primarily MIT, Harvard, and the University of Rochester.




































