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Mercuri

VC

GBAI/MLB2B SaaSConsumerMarketplacesDeep TechEnterpriseOther

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Investment thesis

Mercuri is an early-stage venture capital fund and first-cheque investor leading pre-seed and seed funding rounds for UK media technology and AI companies. Founded in Kings Cross, London in 2017, Mercuri backs outstanding founders building at the intersection of media, entertainment and AI — from generative AI, agentic AI and voice AI to creator economy platforms, gaming, XR, next-generation advertising and AI inference compute. The fund's sector focus spans four specific areas: the creation, distribution, consumption, and monetisation of content and data, with a focus on startups that enhance the way people communicate and engage in a professional and personal context using AI. Mercuri takes an engaged approach — often taking board seats and working actively alongside founders post-investment — and reserves 40% of each fund for follow-on investment.

Notable quotes

We are delighted to announce the launch of our first multi-LP fund at a time when this profound progress in artificial intelligence is impacting the entire media technology ecosystem, including content creation, gaming, personalization, music, privacy, education, community and communication.

Alan Hudson · TechCrunch — GMG Ventures rebrands to Mercuri and closes a £50m fund · 2023-07-03

We have been investing in generative AI businesses since 2018, and it continues to be an area of interest. Within content creation, generative AI models include all the creator tools (for example text to different audio and visual formats), developer tools (text to code) and tools for thinking.

Alan Hudson · TechCrunch — GMG Ventures rebrands to Mercuri and closes a £50m fund · 2023-07-03

We are excited to back Literal Labs as it redefines AI with a radically efficient alternative to existing neural networks. The team, combining deep research expertise and proven industry leadership, is uniquely positioned to commercialise this innovation.

Esha Vatsa · Tech Funding News — Literal Labs raises £4.6M pre-seed round · 2025-06-02

Team

Alan Hudson

Founding General Partner

AI/MLConsumerEnterpriseOther

Esha Vatsa

Partner

AI/MLDeep TechB2B SaaS

Denise Xifara

Venture Partner

AI/MLDeep Tech

Anna Jones

Investment Committee Chair

ConsumerOther

Sam Rickard

Partner & CFO

Ella Harrison

Senior Investment Associate

AI/MLB2B SaaS

Recent investments

CompanyRoundSizeDate
Literal LabsPre-seed$6m2025-06-02
MinitapSeed$4m2025-12-01
Hugging FaceSeed
FluidstackSeed
Signal AISeed
Resemble AISeed
KickstarterSeed
Faculty AISeed
Wonder StudiosSeed
Electric TwinSeed$14m2024-05-04

Frequent co-investors

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