Fundraising Fox

ETFS Capital

Venture capital

London · Seed–Series A · 7 people tracked

Also known as Etfs Capital (Holdings) Limited

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Investment thesis

ETFS Capital backs early-stage European fintech founders seeking to disrupt financial services. The team is made up of fintech industry veterans with deep experience in investment management and capital markets, and leverages its networks to add long-term value to portfolio companies. The firm prefers to lead at the Series A stage but is comfortable co-leading or participating in rounds. It invests in only a small number of companies each year so it can actively support founders after investment.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
London, GB
Leads rounds
Leads
Instruments
Equity
Founded
2018
Tracked investments
21

Team · 7 people

from the firm's website
Graham Tuckwell· Chairman
Sam Weeks· Admin Support
Steph Poulier· General Counsel

What they invest in

from 12 of 21 portfolio companies

Fintech ×12Enterprise Software ×7SaaS ×7AI & Machine Learning ×2Data & Infrastructure ×2Crypto & Web3 ×1Developer Tools ×1

HQs:United Kingdom×3United States×1

Investments · 21 tracked

founders shown can be your intro path
Alphathenaalphathena.comin𝕏✓ verified

Alphathena offers a platform for personalized investing that lets financial advisors, RIAs, wealth managers, fintechs, and TAMPs integrate direct indexing, tax-loss harvesting, and tax-efficient transitions into their existing workflows and custodians.

AI & Machine LearningFintechSaaSWillowbrook, US

Tushad Driver(Co-founder & CTO)Mohan Naidu(Founder & CEO)

Co-investorsHyde Park Angels

21Shares Acquired21shares.comin𝕏

21shares is a crypto-focused asset manager that builds regulated crypto exchange-traded products (ETPs), including staking ETPs, backed by an in-house research team.

Crypto & Web3Fintech

Russell Barlow(CEO)Duncan Moir(President)Edel Bashir(Chief Operating Officer)Andres Valencia(Executive Vice President of Investment Management)

Co-investorsCollab+Currency

Alplathena

AI-powered custom indexing that helps financial advisors offer personalized investing solutions.

BITA

Provider of end-to-end infrastructure for index-based and systematic investing, enabling clients to design, backtest, and benchmark strategies.

Co-investorsPamica NV

Bitadatabitadata.com

Co-investorsVolta Ventures

Cognitive Creditcognitivecredit.comin𝕏

Cognitive Credit provides a platform for institutional credit investors to analyze bonds and loans through structured financial data, AI-powered insights, and integrated workflow tools.

AI & Machine LearningEnterprise SoftwareFintech

Co-investorsPentech VenturesHearst VenturesXTX Markets

Etfetf.com
ETF Logic

Company behind LOGICLY, a web-based platform offering investment research and portfolio management tools for advisors, RIAs, and ETF issuers.

ETF Securities Australia

Australian ETF issuer that launched the world's first physically backed Gold ETF in 2003.

ETF Streametfstream.com

Media and events company producing data-driven content on the European and Australian ETF markets.

Fundmentfundment.comin

Fundment provides a proprietary platform for financial advisers that combines custody, trading, automation, and reporting into a single workflow to implement investment advice.

Enterprise SoftwareFintechSaaS

Co-investorsHighland EuropeInnvotec Ltd.Oxford Investment Opportunity Network (OION)

Future Proof

Media and events business (formerly Advisor Circle) focused on the independent financial advisor marketplace, built for the social media era.

Futureproofhqfutureproofhq.comin𝕏

Future Proof HQ organizes large-scale events for the wealth management and investment industry, including festivals and citywide conferences that bring together financial advisors, asset managers, and institutional investors.

Fintech

Kayentakayenta.io

Kayenta provides a cloud-native treasury management system for investment managers, offering a low-cost core product with optional add-on modules.

Enterprise SoftwareFintechSaaS

Logiclylogicly.finance𝕏

LOGICLY is a web-based portfolio management and analytics platform for financial advisors, broker dealers, and asset managers to automate portfolio construction, rebalancing, and research.

Enterprise SoftwareFintechSaaS

Moorgate Benchmarks

Index specialist focused on index operations, administration, construction, optimisation, and calculation services.

Skylight IPVskylightipv.comin

Skylight IPV provides Independent Price Verification services for Over-the-Counter derivative markets, combining expert industry knowledge with cloud-based technology to deliver consensus pricing and trade data analysis for the investment banking and commodity trading community.

Data & InfrastructureEnterprise SoftwareFintech

Treasury Springtreasuryspring.comin

TreasurySpring operates a platform that lets institutions with large excess cash balances access a range of fixed-term investment products to diversify holdings, manage risk and improve returns.

FintechSaaS

James Skillen(Founder)in

Co-investorsBalderton CapitalBlack Lion VenturesMMC VenturesOutrun VenturesAnthemis VentureMubadala Capital

ULTUMUSultumus.com

Ultumus provides ETF and index data, PCF calculation, and workflow solutions for financial institutions across the ETF ecosystem, including authorised participants, issuers, and fund servicing agents.

Data & InfrastructureFintechSaaSLondon, GB

Veloxfintechveloxfintech.comin

Velox provides vCore, an application development platform designed for capital markets software development teams to build business software significantly faster using a buy-and-build approach.

Developer ToolsEnterprise SoftwareFintech

WealthKernelwealthkernel.com

WealthKernel provides API-based infrastructure for digital investing offerings, covering client onboarding, KYC/AML, trading of fractional securities, portfolio management, and custody.

Enterprise SoftwareFintechSaaS

Co-investorsDigital HorizonDigital Horizon VC

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Martyn Paul James

Director · British · since 2021

Graham John Tuckwell

Director · Australian · since 2019

Ownership & control

Graham Tuckwell75–100% of shares, 75–100% of voting rights, right to appoint and remove directors

Frequently asked questions

How many investments has ETFS Capital made?
ETFS Capital has 21 tracked investments.
What stage does ETFS Capital invest at?
ETFS Capital invests at the Seed, Series A stages.
What sectors does ETFS Capital focus on?
ETFS Capital focuses on Crypto & Web3, Data & Infrastructure, Fintech.
Where is ETFS Capital located?
ETFS Capital is headquartered in London, GB.
Does ETFS Capital lead rounds?
Yes, ETFS Capital leads investment rounds.
Who does ETFS Capital co-invest with?
ETFS Capital most often shares deals with Balderton Capital, Highland Europe, MMC Ventures, among 14 tracked co-investors.

Images

ETFS Capital photoETFS Capital photoETFS Capital photoETFS Capital photoETFS Capital photo

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