Balderton Capital
In the two decades since our founding, we have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than $3bn.
In the firm's own words, from its website.
14 additional team members, 28 additional co-investors and affiliates, 53 additional investments, funds and LPs, 53 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 companynew in 12 months
1 new company in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 18 May 2026 ($110M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 3 dealswith Index Ventures Sa
Invests most often alongside Index Ventures Sa (3 shared deals) and Target Global Selected Opportunities (2 shared deals).
pair last observed on record 16 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- MemberWhy: Named with investment responsibilityNo route on file yet
- MemberWhy: Named with investment responsibilityNo route on file yet
- MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
99 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Balderton Capital: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Balderton Capital
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
31 companies on record, 1 new in 12 months
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Aircall | portfolio listing | lead | unknown | unknown | unknown | Sep 22, 2026 | Fact Company website |
| cobee.io | portfolio listing | unknown | unknown | unknown | unknown | Sep 21, 2026 | Fact Company website |
| 01Health | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Firm website |
- Sectors
- ai, fintech, climate, deep tech, space, devtools, data infrastructure, logistics, gaming
- Stages
- seed, series a, series b
- Geography
- europe, france, germany, uk
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- corporate venture
Team
11 current, 11 departed
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
- Member · 1 deal attributed
- Member
11 departed (kept with end dates)
- Colin Daymond Hanna · Member · Sep 1, 2021 to Mar 31, 2026 Fact
- David Thevenon · Member · May 1, 2020 to Mar 31, 2026 Fact
- Dharmash Pravin Mistry · Member · Jul 1, 2008 to Mar 11, 2013 Inference
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
21 vehicles, 1 LPs disclosed
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Balderton Capital IX, S.L.P | Fund | 2024 lp reported | Early deployment | unknown | unknown | unknown | unknown |
| Balderton Capital Growth II, S.L.P | Growth fund | 2024 lp reported | Early deployment | unknown | unknown | unknown | unknown |
| Balderton Capital Growth I Z, S.L.P. | Growth fund | 2023 form d first sale | Active deployment | $783M Sep 14, 2026 | 126 | $652M | Jul 26, 2024 |
- 3 commitments to 2 funds · $319M disclosed
| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| California Public Employees' Retirement System | STATE RETIREMENT SYSTEM | Gaia Investments, S.L.P. | $200M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| California Public Employees' Retirement System | STATE RETIREMENT SYSTEM | Balderton Capital Growth II, S.L.P | $63.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| California Public Employees' Retirement System | STATE RETIREMENT SYSTEM | Balderton Capital IX, S.L.P | $56.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Relationships across DFX
31 co-investors · on 1 other DFX graph
- 2026-09-163 shared deals · recurring
- 2026-10-012 shared deals · recurring
- 2026-09-302 shared deals · recurring · they led 1
Across DFX and the capital chainon 1 other DFX graph · 16 capital paths ShowHide
- The same institution is held on Allocators, matched by identifier. See which records
Balderton Capital is the same institution as 1 record in Allocators.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Balderton Capital sits on 16 traced paths of capital across the graphs.
DFX traced 16 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
58 dated events, 52 observations from 3 sources
- seen on or beforeSep 24, 2026Balderton Capital: CORPORATE_VENTURE -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $8,517M)Classification changedClassificationInferenceno URL
- seen on or beforeSep 16, 2026Balderton Capital: MULTI_STAGE_VC -> CORPORATE_VENTURE (corporate parent: self-described)Classification changedClassificationInferenceno URL
- Mar 31, 2026Balderton Capital Growth II a, S.L.P. first reported on Form ADV by Balderton Capital (Venture Capital Fund), GAV $2,388,210
- Mar 31, 2026Gaia Investments, S.L.P. first reported on Form ADV by Balderton Capital (Venture Capital Fund), GAV $235,132,134
- Mar 31, 2026Balderton Capital Ix a, S.L.P. first reported on Form ADV by Balderton Capital (Venture Capital Fund), GAV $2,117,797
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 16 private fundsShowHide
- Headquarters
- London, United Kingdomadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- BALDERTON.COM
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 16 (16 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $8.5Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried5 on recordShowHide
- Sep 24, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $8.5B
- Sep 16, 2026Corporate venture (confirmed, 95%)Corporate parent: self-described
- Sep 15, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $8.6B
- Sep 14, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $7.8B
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $6.6B
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC exemption claimed | Venture capital fund adviser | Mar 25, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 25, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Mar 25, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-25 | Mar 25, 2024 | Fact | Form ADV |
| Adv pdf loaded | adv-pdf-1 | Sep 14, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 25, 2024 | Fact | Form ADV |
| Business phone | Mar 25, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | no URL | |
| Description | Sep 16, 2026 | Fact | no URL | |
| Headquarters | London, United Kingdom | Mar 25, 2024 | Fact | Form ADV |
| Office address | Mar 25, 2024 | Fact | Form ADV | |
| Self-described type | Corporate venture “Exited to CVC in 2025” | Sep 16, 2026 | Fact | no URL |
| Legal form | Limited Liability Partnership | Mar 25, 2024 | Fact | Form ADV |
| Portfolio page | Sep 16, 2026 | Fact | no URL | |
| Private funds reported | 16 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 15 | Mar 25, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $8.5B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $6.9B | Mar 25, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated geography | Europe, france, germany, UK “geography words on the home page” | Sep 16, 2026 | Fact | no URL |
| Stated sectors | AI, fintech, climate, deep tech, space, devtools, data infrastructure, logistics, gaming “sector words on the home page” | Sep 16, 2026 | Fact | no URL |
| Stated stages | Seed, series a, series b “stage words on the home page” | Sep 16, 2026 | Fact | no URL |
| Team page | Sep 16, 2026 | Fact | no URL | |
| Venture funds reported | 16 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 15 | Mar 25, 2024 | Fact | Form ADV |
| Website | Mar 25, 2024 | Fact | Form ADV | |
| Site title | Sep 16, 2026 | Fact | no URL |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $8.5B
- importance
- gav: $1 · funds: 1 · people: 0.56 · investments: 0.56 · co investors: 0.6
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-08-05
- emerging manager
- fund count: 27 · reported gav: $8.5B · first adv filing: 2012-03-30 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-24
- Organization classification changed2026-09-16
- LP commitment disclosed2025-12-31source on record
+2 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.