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Kiko Ventures

GBDEAUFRSEOtherClimateDeep TechAI/MLOther

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Investment thesis

Kiko Ventures is the evergreen cleantech investment arm of FTSE 250-listed IP Group plc, deploying permanent capital to support science-based, IP-rich startups from seed stage through to public markets. The firm backs companies whose core focus is improving planetary sustainability — spanning renewable energy, green hydrogen, carbon capture, sustainable materials, smart energy management, and clean mobility — with the conviction that breakthrough technology can drive the transition to a regenerative world. Unlike traditional VC funds constrained by fixed timelines and narrow mandates, Kiko's evergreen structure allows returns from exits to be recycled into new opportunities, enabling truly long-term partnerships with founders. As the partners describe it: "We've created an investment model of truly flexible capital that empowers change, rather than hindering it," backing companies that are "fundamental to the net zero transition, rather than those that are following trends."

Notable quotes

We've launched Kiko to unleash the full power of human ingenuity by uniting ideas, expertise and capital to unlock a sustainable future. To do this, we've created an investment model of truly flexible capital that empowers change, rather than hindering it.

Robert Trezona · TechCrunch / IP Group launch announcement · 2022-06-22

Most existing approaches to natural hydrogen extraction are based on trial and error, but Mantle8's proprietary technology is based on rigorous science. We are big believers in the hydrogen economy and exited our last investment in hydrogen at over a billion; this could be even more valuable.

Robert Trezona · Mantle8 seed round press release · 2025-02-07

We have combined all the experience we have gained from those decades in cleantech in designing Kiko, with the aim to be able to have a transformative impact on climate change. Not least using an innovative evergreen structure to have the flexibility needed to do that.

Robert Trezona, Arne Morteani & Jamie Vollbracht · Maddyness UK – Transformative impact on the climate crisis, a profile of Kiko Ventures · 2022-09-12

Recent investments

CompanyRoundSizeDate
MixergySeries C2025-03-10
Mantle8Seed$4m2025-02-07
AirForestrySeed2024-10-10
AlithicSeed2024-10-02
HysataSeries B$111m2024-05-08
OXCCUSeries A$22m2023-06-07
OxaSeries C$140m2023-01-10
Bramble EnergySeries A
First Light FusionSeries B$45m2022-04-01
BarocalSeed

Frequent co-investors

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