NCL Technology Ventures Ltd.
Venture capitalLondon · Seed–Series A · 2 people tracked
Also known as Narec Capital Limited
Investment thesis
NCL is a specialist healthcare investor that believes the modernisation of healthcare will be one of the greatest growth drivers of the 21st century. The firm invests transformational equity capital in entrepreneurs building truly innovative technologies and companies at the forefront of transformational change in healthcare. It focuses on pioneers using innovation and technological advancement to help prevent, treat and cure a wide range of conditions, and aims to prepare its companies to succeed both clinically and commercially by applying capital and human skills to navigate the rapidly evolving sector.
Source: firm website, verified Aug 7, 2026.
Team · 2 people
from public directoriesWhat they invest in
from 8 of 11 portfolio companiesBiotech ×6Healthtech ×5Digital Health ×3AI & Machine Learning ×2Deep Tech ×1FemTech ×1Hardware ×1Medical Devices ×1
HQs:United Kingdom×3United States×1
Investments · 11 tracked
founders shown can be your intro pathSupporting long-term remission for people living with inflammatory diseases.
Azadyne is a UK biotech company and spin-out from Trinity College Dublin developing therapeutics based on tRNA modification and epigenetic regulation of cellular protein synthesis.
BiotechDeep Tech
Vincent KellyStephen Connon
BoardJason Rutt
Co-investors24 Haymarket
Centauri Therapeutics is an immunotherapy company developing treatments for infectious diseases and oncology using its proprietary Alphamer technology, which redirects naturally existing antibodies against life-threatening diseases.
BiotechHealthtech
Co-investorsAMR Action Fund
Curesponse applies science and technology to improve cancer treatment, bringing together medical executives, scientists, and clinical and regulatory experts.
AI & Machine LearningBiotechDigital HealthHealthtech
Guy Neev(Co-Founder & CEO)Dr. Ravid Straussman(Scientific Founder)Dr. Seth Salpeter(Co-Founder & CTO)Eran Dor(CFO)
Emteq Labs makes eyewear combining wireless non-contact OCO sensors with a machine learning platform to collect and analyze facial movement, expression, and activity data.
AI & Machine LearningDigital HealthHardware
Treating autoimmune and allergic disease by resetting the immune system for superior disease remission.
Revolo Biotherapeutics is a venture-funded biotechnology company developing peptide-based therapies that restore immune homeostasis for serious allergic and autoimmune diseases such as eosinophilic esophagitis.
BiotechHealthtech
Co-investors24 Haymarket
Sana Health develops an audiovisual device intended to help users improve physical recovery and mental well-being, targeting relief and more restful states of mind.
Digital HealthHealthtechMedical DevicesMental HealthLafayette, US
Richard Hanbury(Founder)
Co-investorsCheckmate Capital Group LLCClick VenturesFlucas VenturesHealthtech CapitalMonozukuri VenturesNoetic+2 more
Developing a scalable off-the-shelf allogeneic gamma delta T cell therapy platform.
BiotechHolytown, Motherwell
Martin Thorp(Executive Officer, Director)Edward Niemczyk(Director)Mark Bonyhadi(Director)Michael Leek(Director)Arlene Morris(Director)James Culverwell(Director)
Co-investorsInvesting Women AngelsCrowdcubeScottish Enterprise
Viramal is a specialist pharmaceutical company developing transdermal and vaginally applied prescription and non-prescription therapies for women's sexual and reproductive health, targeting conditions such as endometriosis, chronic pelvic pain, and menopause.
BiotechFemTechHealthtech
Transformative medicine for women's health.
Principals & officers · per Companies House
what is this? ⓘDirector · British · since 2011
Director · British · since 2017
Ashberg Ltd — 25–50% of shares
Frequently asked questions
- How many investments has NCL Technology Ventures Ltd. made?
- NCL Technology Ventures Ltd. has 11 tracked investments.
- What stage does NCL Technology Ventures Ltd. invest at?
- NCL Technology Ventures Ltd. invests at the Seed, Series A stages.
- What sectors does NCL Technology Ventures Ltd. focus on?
- NCL Technology Ventures Ltd. focuses on Biotech, Digital Health, Enterprise Software, FemTech, Healthtech, Medical Devices, Mental Health, SaaS, Wellness & Fitness.
- Where is NCL Technology Ventures Ltd. located?
- NCL Technology Ventures Ltd. is headquartered in London, GB.
- Who does NCL Technology Ventures Ltd. co-invest with?
- NCL Technology Ventures Ltd. most often shares deals with 24 Haymarket, AMR Action Fund, Click Ventures, among 10 tracked co-investors.
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