Smedvig Capital
Family Office Est. 1996
USD 1.6B
Estimated FUM
- Type
- Family Office
- HQ
- London, England, United Kingdom
- Founded
- 1996
- Focus
- Generalist Tech
About
Smedvig Captial is a family office investment vehicle that primarily invests the capital of the fourth generation of the Smedvig Family. We invest both directly into businesses, as well as into a select number of leading private equity fund managers. Our direct investing strategy is focused on early-stage (Series A and Series B) technology investments in the UK and Nordic regions. We look for ambitious management teams, tech-enabled businesses in attractive markets, and strong revenue growth (with minimum revenue > 1mm GBP).
Smedvig Capital was founded in 1996 by Johnny Hewett and Peter Smedvig. Today, Smedvig has approximately $1.6bn of capital invested. $500m of this is direct investments, with the remainder via investments into private equity and venture capital managers.
Strategies
Venture Capital
Growth Equity
Investment Focus
Investment size
USD 2M - USD 25M
Reported investment size. Actual commitments may vary by stage, ownership and follow-on participation.
Investment Stages
Stages
Growth Series A Series B
Investment Geographies
Primary Markets
United Kingdom Norway
Coverage
Global Regions
Europe
Coverage is a guide only.
Location
Office Presence
1 country
United Kingdom
1 known office
London, England, United Kingdom (HQ)
People also viewed
Andreessen Horowitz
Andreessen Horowitz is an investment manager investing in technology companies from seed through growth stage across AI, bio and healthcare, consumer, crypto, enterprise, fintech, games, infrastructure and American dynamism.
Accel-KKR
Accel-KKR is a mid-market investment firm focused on software and tech-enabled services, investing through buyout, growth-capital, credit, and secondary strategies.
HIG Capital
H.I.G. Capital is a global alternative investment manager with private equity, growth equity, credit, real estate, infrastructure and growth-stage healthcare strategies.
Bain Capital Ventures
Bain Capital Ventures is a venture capital fund focused on high-growth enterprise software opportunities, including SaaS, data services, marketing-tech, fin-tech, healthcare and software. We partner with great B2B founders and accelerate their market vision. Our investments span $1 million seed capital through to $100m growth equity cheques. We draw on a global network of experience, and the full resources of Bain Capital, one of the world's leading alternative asset firms with more than $60 billion under management across a variety of investment strategies.
Our focus areas currently include business applications (DocuSign, SendGrid, Gainsight), infrastructure and security (Redis Labs, Rubrik, Armis), financial technology (Acorns, IEX), healthcare IT (AbleTo, ABILITY Network), and consumer (Rent the Runway, Jet). We also have emerging practices in autonomy/mobility (Ike, Lime) and cryptocurrency (DCG, Compound Labs).
Bain Capital Ventures invests globally, although the majority of our investments are in the United States
5square Committed Capital
5square invests in medium-sized businesses focused on growth and transformation, including fast-growing and mature profitable companies. It makes minority and majority investments and reports EUR 5–10 million equity tickets.
Allectus Capital
Allectus Capital is an investor in disruptive technology companies in the Asia Pacific and United Kingdom. We invest in both listed and unlisted companies and partner with and support our investment companies through regular management contact and active communication across our portfolio. Allectus Capital likes to be the first investor in our high conviction portfolio investments. However, we invest across early to late stage deals ranging from very small to very large. Our first cheque is usually $300k - $3m AUD and we look to invest in subsequent rounds where they have gained traction.
Allectus Capital is owned by ICM, an international fund manager based in Bermuda, and UIL Limited.