Fundraising Fox

XTX Markets

Venture capital

Bristol Β· Seed–Series A

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Investment thesis

Corporate VC arm of one of the world's most profitable algorithmic trading firms, offering founders expert support in large-scale machine learning, GPU infrastructure, and quantitative research for infrastructure-grade AI.

Invests inAI & Machine LearningCrypto & Web3SaaSLondonUnited Kingdom

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Bristol, GB
Leads rounds
Follows
Instruments
Equity
Founded
2015
Last 12 months
2 investments
Tracked investments
37

What they invest in

from 32 of 37 portfolio companies

AI & Machine Learning Γ—25SaaS Γ—8Deep Tech Γ—7Developer Tools Γ—5Enterprise Software Γ—5Healthtech Γ—5Hardware Γ—4Digital Health Γ—3

HQs:United StatesΓ—5United KingdomΓ—3IsraelΓ—1

Investments Β· 37 tracked

founders shown can be your intro path

By year:2026 Β· 22021 Β· 13 dated

Ethosethoslife.comin𝕏NASDAQ: LIFEMay 2026 Β· $22.8M

Ethos provides online life insurance that can be purchased entirely digitally, partnering with established insurance carriers.

InsurTech

Lingke Wang(Co-founder)Peter Colis(Co-founder)

Adsenvadsenv.comin

ADS provides flow, level, and rainfall monitoring systems combining hardware sensors and software for the wastewater, storm water, and surface water markets.

CleantechHardwareIoT

AI in healthcarequreight.com
Blueskeyeblueskeye.comin𝕏

Blueskeye builds on-device AI that analyses facial and vocal behaviour to detect emotional and medical states in real time, without sending biometric data to the cloud.

AI & Machine LearningDeep TechMental Health

Ceresceres.orgin𝕏

Ceres is a nonprofit advocacy organization that works with investors, companies, and policymakers on sustainability issues including climate, natural ecosystems, and water management.

CleantechClimate TechImpact & Social Good

Mindy Lubber(CEO and President)

Cinemersivelabscinemersivelabs.com
CloudNCcloudnc.comin𝕏

CloudNC develops CAM Assist, software for machine shops that automates programming, quoting, and tool selection to reduce manual work and increase productivity.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaSLondon, GB

Theo Saville(Founder)inChris Emery(CTO)in

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

d_modeldmodel.aiin𝕏

d_model develops reinforcement learning environments that train AI agents to conduct interpretability and alignment research on frontier language models.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSan Francisco, US

Daniel Moon(Founder)inAnish Tondwalkar(Founder)in

Dia Analysisdia-analysis.com
Eko Healthekohealth.comin𝕏

Eko develops FDA-cleared digital stethoscopes and AI-powered software that enables healthcare professionals to detect and diagnose cardiovascular disease with greater accuracy.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Connor Landgraf(Co-Founder and CEO)Tyler CrouchJason Bellet(Co-Founder and Chief Business Officer)

ETHOSethos.comin𝕏May 2026 Β· $22.8M

Ethos provides online life insurance that customers can purchase entirely through a digital platform without the traditional lengthy application process.

FintechInsurTech

Lingke Wang(Co-founder)Peter Colis(Co-founder)

Fotokitefotokite.comin𝕏

Fotokite makes actively tethered drone systems (Fotokite Sigma) with thermal and color cameras and native operating software that provide public safety teams with aerial situational awareness through automated, push-button launch and landing.

GovTechHardwareRobotics

Gladia list viewgladia.io

Gladia provides a speech-to-text (STT) API supporting 100+ languages, with features such as native code-switching mid-sentence, accent resilience, and inline translation returned alongside transcripts.

AI & Machine LearningDeveloper ToolsSaaS

Graide.Cograide.co.ukin

Graide provides an AI-powered assessment and grading platform for educational institutions, including vocational education, higher and further education, and awarding bodies/exam boards.

AI & Machine LearningEdTechSaaS

Groqgroq.comin𝕏

Groq designs and manufactures the LPU (Language Processing Unit), a chip purpose-built for AI inference, and operates GroqCloud, a platform for running inference workloads with low latency and cost efficiency across global data centers.

AI & Machine LearningCloud ComputingSemiconductors

Jonathan Ross(Founder & CEO)in

Ibex Medical Analyticsibex-ai.comin𝕏

Ibex develops AI-powered diagnostic solutions that assist pathologists in detecting cancer and other diagnostic features across multiple tissue types to improve cancer care and patient outcomes.

AI & Machine LearningHealthtechMedical Devices

Igentigent.aiin𝕏

iGent AI builds Maestro, an AI software engineering agent that plans and autonomously writes, executes, tests, and validates code in secure cloud-based sandboxes.

AI & Machine LearningDeveloper ToolsSaaS

In3Din3d.io

GOODSIZE INC. (in3D) builds AI-powered products for digital identity, real-time interaction, and sales performance, including mobile and web tools that turn phone scans or selfies into realistic 3D avatars for games, apps, and virtual worlds.

AI & Machine LearningGamingSales Tech

Iomediomed.healthin

IOMED is a data space platform that uses AI and natural language processing to extract and structure real-world clinical data from hospital records, harmonized under the OMOP Common Data Model.

AI & Machine LearningDigital HealthHealthtech

Jenesysjenesys.co
Kwalikwali.aiMay 2021

Kwali offers a computer vision platform for quick service restaurants that monitors food production in real time, checking portioning, quality, and production speed against franchise guidelines.

AI & Machine LearningFoodTechSaaSMiddletown, US

Emmanuel Massenez(Executive Officer, Director)Juan Pablo Morales(Director)

Logicallylogically.aiin𝕏

Logically builds narrative decision intelligence software that monitors, clusters, and analyzes public and open-source information to detect signals, simulate scenarios, and recommend actions.

AI & Machine LearningDefense TechGovTechSaaS

Lucida Medicallucidamedical.com
Oriole Networksoriolenetworks.comin

Oriole Networks develops PRISM, an all-optical circuit-switched networking fabric that uses photonic switching to connect GPUs at scale for AI/ML and high-performance computing data centers.

AI & Machine LearningDeep TechHardware

George Zervas(Co-founder)Alessandro Ottino(Co-founder)Joshua Benjamin(Co-founder)James Regan(CEO)

Prior Labspriorlabs.aiin𝕏

Prior Labs builds pre-trained tabular foundation models (TabPFN) that make predictions on structured data without tuning or ML pipelines, delivered via API, private cloud, or agents.

AI & Machine LearningData & InfrastructureDeep Tech

PyrAmespyrameshealth.comin𝕏

PyrAmes develops a noninvasive, continuous wireless blood pressure monitoring platform (Boppli) for neonatal and pediatric patients, as well as adults, addressing the need for continuous BP monitoring without invasive arterial lines.

Digital HealthHealthtechMedical Devices

Xina Quan(Co-Founder and CEO)

Resimresim.aiin

ReSim provides a simulation and testing platform for physical AI and robotics teams, letting them evaluate embodied AI performance across thousands of virtual scenarios before deployment.

AI & Machine LearningDeveloper ToolsRobotics

Swappswapp.aiin𝕏

SWAPP builds an AI intelligence layer for architecture firms that automates construction documentation and BIM modeling tasks inside Revit and ArchiCAD, learning each firm's standards, QA rules, and production history.

AI & Machine LearningConstruction TechSaaS

Sylphsylph.aiin𝕏

Sylph is building an AI coding, engineering, and research agent, including a CLI with a React terminal frontend (adal-cli) and a backend framework (AdaLFlow).

AI & Machine LearningDeveloper Tools

Terraytxterraytx.comin𝕏

Terraytx develops therapeutics and approaches to drug discovery; the company emphasizes collaborative, multidisciplinary research to advance scientific innovation in the life sciences space.

AI & Machine LearningBiotechDeep Tech

BoardChris PicardoinDusan PerovicSid ShenaiinSamuel BjorkinBassil Dahiyat, Ph.D.Wendy Young, Ph.D.

Tonia Samsonovaexactly.aiin𝕏

AI-powered image generation platform that learns a brand's visual style from sample images and generates on-brand illustrations, variations, and animated assets.

AI & Machine LearningMarketing Tech

Tonia Samsonova(Founder)in

TraceAirtraceair.netin𝕏

TraceAir provides a drone-based site monitoring and intelligence platform for land acquisition, development, and construction teams, offering topography surveys, cut/fill and stockpile detection, drainage reports, 360Β° site documentation, and time-stamped historical records.

Construction TechPropTechSaaS

Turbineturbine.ai𝕏

Turbine develops computational simulations of cells to accelerate drug discovery and development in oncology, using in silico predictions validated through wet lab experiments.

AI & Machine LearningBiotechDeep Tech

Szabolcs Nagy(Founder)in

Veraxverax.aiin

Verax provides a platform to help enterprises securely adopt generative AI, offering real-time visibility, governance, and policy enforcement across AI usage while maintaining compliance and data protection.

AI & Machine LearningCybersecurityEnterprise Software

Leo Feinberg(Co-founder & CEO)inOren Gev(Co-founder & CTO)in

Voiceittvoiceitt.comin

Voiceitt provides real-time captioning for Microsoft Teams that supports non-standard speakers, including people with speech disabilities, Deaf individuals, and those with accented English.

AI & Machine LearningEnterprise SoftwareHealthtechImpact & Social GoodRamat Gan, IL

Danny WeissberginPinni Ravehin

Wayvewayve.aiin𝕏

Wayve develops embodied AI technology to enable autonomous vehicle systems for assisted and automated driving.

AI & Machine LearningDeep TechHardwareMobility & TransportationRoboticsSunnyvale, US

Alex Kendall(Founder & CEO)in

Exits Β· 1

IPOs and acquisitions across the tracked portfolio

EthosNASDAQ: LIFE

Portfolio news

latest coverage across their companies

Principals & officers Β· per Companies House

what is this? β“˜
Mathieu Freville

Secretary Β· since 2015

Zarthustra Jal Amrolia

Director Β· British Β· since 2015

Bernard Henry Denis Iii

Director Β· American,British Β· since 2025

Alexander Gerko

Director Β· British Β· since 2015

Serge Jean FranΓ§ois Harry

Director Β· French Β· since 2022

David Charles Ireland

Director Β· British Β· since 2020

Michael John Irwin

Director Β· British Β· since 2025

Jonathan Martyn Nye

Director Β· British Β· since 2025

Timothy James Osborne Throsby

Director Β· British Β· since 2024

Ownership & control

Alexander Gerko β€” 75–100% of shares, 75–100% of voting rights, right to appoint and remove directors

Frequently asked questions

What stage does XTX Markets invest at?
XTX Markets invests at the Seed, Series A stages.
What sectors does XTX Markets focus on?
XTX Markets focuses on AI & Machine Learning, Crypto & Web3, SaaS.
Where is XTX Markets located?
XTX Markets is headquartered in Bristol, GB.
Does XTX Markets lead rounds?
XTX Markets typically participates in rounds rather than leading them.

Images

XTX Markets photo

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