Strategic partners with deep sector knowledge
Our story
Having worked together for over a decade, we wanted to create a new type of investment partner for UK SMEs. We love working with entrepreneurs, building long term relationships, and supporting teams to achieve their goals.
Our focus is on backing a select group of exceptional companies in sectors we know well, doing interesting things with people we like. Unlike larger funds with significant portfolios, we prioritise a focused approach to ensure we always have time to help.
By connecting networks, sharing expertise and unlocking expansion opportunities, we work behind the scenes to drive growth; much like the hyphal networks that inspire our name.
Sector Focus
Technology
We partner with ambitious software and tech-enabled services companies with durable customer demand and clear growth opportunities.
Our extensive experience in this area spans vertical SaaS, data analytics, cybersecurity, AI, fintech, and technology consultancies.
Healthcare
We collaborate with resilient, growth oriented healthcare and life science businesses that deliver essential products and services to their customers.
We’ve invested across the healthcare supply chain, including community, primary and secondary care, outsourced NHS services, medical equipment, health tech, and pharma services.
Advanced manufacturing
We build partnerships with specialised manufacturing businesses that serve niche markets, have strong technical know-how, and deliver mission critical products.
Our prior experience covers pharma manufacturing, lab equipment, test & measurement, and specialist industrial products.
What we look for
Profitable, growing companies
Providing a mission critical product or service
Led by an ambitious team
Operating in a market of growing relevance
Doing simple things well
Drawing on our experience working with over 30 companies, we aim to maximise success by focusing on the fundamentals. By doing the simple things well, we provide the scaffolding to allow companies to continue building.
Whether it’s strategic planning, recruitment, overseas expansion, sales strategy, or improved processes, we want to be involved where we can add value.
As investors our goal is to be engaged, accountable, and transparent, while being fully aligned with the teams we partner with. We measure our success by the feedback from the people we support.