How many investments has Sturgeon Capital made?

Sturgeon Capital has 7 tracked investments, 1 of which have exited, including 3 dated in the last 24 months.

What stage does Sturgeon Capital invest at?

Sturgeon Capital invests at the Pre-Seed, Seed, Series A stages.

What is Sturgeon Capital's typical check size?

Sturgeon Capital typically writes checks of $500K – $2M.

What sectors does Sturgeon Capital focus on?

Sturgeon Capital focuses on AgTech, E-commerce, EdTech, Energy, Enterprise Software, Fintech, Medical Devices, Retail Tech, SaaS.

Where is Sturgeon Capital located?

Sturgeon Capital is headquartered in London, GB.

Sturgeon Capital

Venture capital

London · Pre-Seed–Series A · 6 people tracked

Also known as Sturgeon Capital Gfm Ltd · Sugef UK Holdings 2

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into Sturgeon Capital

Paths you didn't know you had: your email and LinkedIn already hold routes to the Sturgeon Capital team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict

Investment thesis

Sturgeon Capital focuses on investing in founding teams building transformative businesses across emerging markets.

Source: firm website, verified Aug 3, 2026.

Leave your own feedback

Stage

Pre-Seed–Series A

Check

$500K – $2M

London, GB

Instruments

Equity

Founded

2010

AUM

$35M

Net assets · FY2025

$356.2K

Tracked investments

Acquisitions

Team · 6 people

from curated & public directories

Clemente Cappello· Founder & CEO

Saad Hasan· Principal· Karāchi, Sindh, Pakistanin

Saad Hasan is Principal and South Asia Lead at Sturgeon Capital, a firm with over $300 million in assets under management that invests in technology companies operating in and for frontier markets. He focuses on fintech and embedded finance, B2B supply chain and logistics, and physical AI, with portfolio companies including Abhi, Smartlane, DealCart, and Zip24. His work includes backing founders across South Asia, particularly in Pakistan.

sh@sturgeoncapital.com

Kiyan Zandiyeh· Chief Investment Officer

kz@sturgeoncapital.com

Robin Butler· Partner, Investment Director· Greater Bostonin

Robin Butler is a Partner at Sturgeon Capital, a London-headquartered investment firm focused on emerging markets that manages over $300m in assets across private equity and venture capital strategies. He leads the firm's venture capital team, investing in early-stage companies in Emerging Asia. Sturgeon Capital's investors include the IFC, SBI Holdings, and Chevron.

rb@sturgeoncapital.com

Steve Chaves· COO

sc@sturgeoncapital.com

Alex Branton· Advisor· United Kingdomin

CIO of Nodem, previously at Cambridge Associates; the firm was founded on his expertise in serving sophisticated family offices and underwriting complex multi-asset portfolios.

abranton@nodem.com

What they invest in

from 6 of 7 portfolio companies

SaaS ×4Fintech ×3E-commerce ×2HR Tech ×2Marketplaces ×2Media & Entertainment ×2AdTech ×1Enterprise Software ×1

HQs:United States×3Pakistan×1Uzbekistan×1Vietnam×1

Investments · 7 tracked

founders shown can be your intro path

By year:2025 · 3 2024 · 14 dated

Abhiabhi.com.pk in 𝕏Series A

ABHI creates financial products designed for consumers in Pakistan.

FintechHR TechSaaSKarachi, PK

Omair Ansari(Founder)in Ali Ladhubhai(Founder)inOmair Ansari Ali Ladhubhai(Founder)

Co-investorsY Combinator Alter Global Amaana Capital BOD TECH CO.Capria Ventures D4 Ventures +29 more

DealCartdealcart.io in 𝕏Jul 2024 · $3M

Xoilac TV is a Vietnamese website that streams live football matches for free, covering domestic and international leagues along with other sports.

E-commerceFintechMarketplacesMedia & Entertainment

Ammar Naveed(Founder)in Haider Raza(Founder)in Fazel Rehman inSyed Raza Tanzila Asim Zafar inUsman Dealcart

Co-investors500 Global Amaana Capital Fatima Gobi Ventures Gobi Partners Shorooq Partners Cathay Innovation +4 more

Farelfarel.io inSeed

Farel rebuilds airline operations software as a single API-first platform covering inventory, reservations, check-in, and revenue management.

Enterprise SoftwareSaaSTravel & HospitalitySan Francisco, US

Askhat Omarov(CEO)in

Co-investorsY Combinator Andros15 Ventures Bloomberg Beta Josh Hannah MOST Ventures SNR VC

Gfycatgfycat.comApr 2025 · $1.2MAcquired

GIF/media platform that grew to 200 million monthly active users and was acquired by Snap.

Mountain View, US

Dan McEleney(Founder)Richard R. Rabbat(Executive Officer, Director)Jeff Harris(Founder)Richard Rabbat(Founder)

BoardErnestine Fu(Director)

Co-investors500 Emerging Europe Alsop Louie Partners Edmonton Unlimited Long Venture Partners Partech Ventures Great Oaks Venture Capital +4 more

Kiklikokikliko.comApr 2025 · $1.2M

Kikliko operates KLIPY, a service that lets digital platforms integrate a library of GIFs, memes, stickers, and clips with embedded programmatic ads to increase user engagement and generate ad revenue.

AdTechGamingMedia & EntertainmentSaaSSocialSan Francisco, US

Co-investorsPresto Ventures

PeopleForcepeopleforce.io in 𝕏Apr 2025 · $5.4M

PeopleForce is an HRMS platform that enables companies to manage employee goals, performance reviews, recruitment, leave requests, and development plans through customizable workflows and automated processes.

Future of WorkHR TechSaaS

Andrew Cetinic(Founder)in

Co-investorsChicago Ventures Dnipro RLC Ventures Startup Funding Club u.ventures

Uzumuzum.com in

Uzum operates an integrated digital ecosystem for Uzbekistan combining an online marketplace, express delivery from cafes and shops, digital and traditional banking, BNPL/instalment payments, a car buying-and-selling platform with online loan approval, and an all-in-one app for entrepreneurs.

E-commerceFintechMarketplaces

Jamoliddin Dadajonov(Founder)inRoman Lavrentev(Founder)in Nikolay Seleznev(Founder)inDjasur Djumaev(Founder)Roman Lavrentyev(Founder)

Co-investorsAxevil Capital FinSight Ventures Tencent Holdings

Portfolio news

latest coverage across their companies

Gfycat | Mountain View other | Altss

Gfycat · altss.com · Aug 10, 2026

Uzbekistan FinTech Uzum lands $130m strategic investment

Uzum · fintech.global · Mar 10, 2026

Principals & officers · per Companies House

what is this? ⓘ

Mustafa Nuri Toker

Director · British · since 2026

Ownership & control

Evren Ucok — 25–50% of shares, 25–50% of voting rights

Kiyan Zandiyeh — 25–50% of shares, 25–50% of voting rights

Frequently asked questions

How many investments has Sturgeon Capital made?: Sturgeon Capital has 7 tracked investments, 1 of which have exited, including 3 dated in the last 24 months.
What stage does Sturgeon Capital invest at?: Sturgeon Capital invests at the Pre-Seed, Seed, Series A stages.
What is Sturgeon Capital's typical check size?: Sturgeon Capital typically writes checks of $500K – $2M.
What sectors does Sturgeon Capital focus on?: Sturgeon Capital focuses on AgTech, E-commerce, EdTech, Energy, Enterprise Software, Fintech, Medical Devices, Retail Tech, SaaS.
Where is Sturgeon Capital located?: Sturgeon Capital is headquartered in London, GB.

Media · Podcasts & interviews

featuring the team

Ep. 14 - State of Emerging Markets with Robin Butler, Partner at Sturgeon Capital

Big Sky Capital VC · Robin Butler

#29 | Robin Butler, Sturgeon Capital: Venture Capital Strategies in Emerging Markets

nFactorial Podcast · Robin Butler

Robin Butler- Sturgeon Capital- speaks to NICL

NICL SolveTogether · Robin Butler

Startup Talks Ep. 49 | Robin Butler | Sturgeon Capital | Venture Capital | Startup Investment

Startup Talks · Robin Butler

Images

Similar investors

Everywhere Ventures

Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.

$250K

VenturEast

VenturEast is one of India's longest-standing venture capital fund managers, investing since 1997 and managing over $325 million across more than 100 investments in technology, healthcare, and clean environment.

MONASHEES

Monashees is a Latin American venture capital firm backing technology-driven founders building category-defining companies from the region for global markets.

$10M

Khosla Ventures

Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.