# Air Street Capital: portfolio, investments and team > Air Street Capital is a vc firm based in Guernsey. 8 investments on record, 6 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/air-street-capital (Millionrounds; every figure on the page links to its filing or article) Guernsey · [Investor](https://millionrounds.com/investors) # Air Street Capital Last cheque observed Sep 2026; 8 cheques on record. Email Deploying now New fund $232M, Aug 2026 VC firm Pre-seed Seed Series A Generative AI SaaS Machine Vision Follow Air Street Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fair-street-capital) Deploying now **100%** of best year **6** **cheques in 12 months**, 8 on record Since the last cheque **47** days **00** hrs **00** min **00** sec Median round **$49M** Cheque size, as they say **$100K – $5.0M** Rounds led **3 of 8** Mostly in **United Kingdom, 43%** Pitch Air Street Capital ## Air Street Capital highlights - 01 6 cheques in the last 12 months - 02 Mostly Series A and Series B: 71% of its rounds - 03 Led 3 rounds ## What they do > Air Street Capital is a venture capital firm investing in AI-first technology and life science companies in Europe and the US. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $100K – $5.0M as they say - **Stages:** Pre-seed Seed Series A Series B - **Sectors:** Generative AI SaaS Machine Vision - **Based in:** Guernsey - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **8 appearances** - **2026** 5 rounds - **Sept** **[Jack & Jill](https://millionrounds.com/company/jack-and-jill)** Series A · GB · Air Street Capital **$40M** *Led* - **Jun** **[Alta Ares](https://millionrounds.com/company/alta-ares)** Series A · FR · Ventureburn **$58M** *Led* - **Apr** **[Sereact](https://millionrounds.com/company/sereact)** Series B · Ventureburn **$110M** With 6 others - **Mar** **[Interloom](https://millionrounds.com/company/interloom)** Seed · DE · TechStartups **$17M** With 2 others - **Jan** **[Synthesia](https://millionrounds.com/company/synthesia)** Series E · GB · TechCrunch **$200M** With 13 others - **2025** 2 rounds - **Dec** **[Black Forest Labs](https://millionrounds.com/company/black-forest-labs)** Series B · DE · Crunchbase News **$300M** With 16 others - **Jul** **[Delian Alliance Industries](https://millionrounds.com/company/delian-alliance-industries)** GR · TechCrunch **$14M** *Led* - **2019** 1 round - **Oct** **[LabGenius](https://millionrounds.com/company/labgenius)** Series A · GB · TechCrunch **$10M** With 4 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **22 named** AH **Abbie Hewlett** An Authorized Signatory of both of the Corporate Directors of the General Partner of the Issuer and a Director of the Manager i Filing they signed AM **Alice Meerveld** An Authorized Signatory of both of the Corporate Directors of the General Partner of the Issuer and a Director of the Manager i Filing they signed AP **Alice Perfitt** An Authorized Signatory of both of the Corporate Directors i Filing they signed AM **Alison Moullin** Director of both General Partner and Manager i Filing they signed IO **Imogen Oldfield** An Authorized Signatory of both of the Corporate Directors i Filing they signed JT **Jordan Tostevin** An Authorized Signatory of both of the Corporate Directors i Filing they signed KW **Kristy Webber** An Authorized Signatory of both of the Corporate Directors i Filing they signed LH **Lynsey Hanley** An Authorized Signatory of both of the Corporate Directors i Filing they signed MM **Marina Mauger** An Authorized Signatory of both of the Corporate Directors i Filing they signed MG **Mark Gavey** An Authorized Signatory of both of the Corporate Directors i Filing they signed MJ **Matthew James Westgarth-Smith** An Authorized Signatory of both of the Corporate Directors of the General Partner of the Issuer and a Director of the Manager i Filing they signed MH **Megan Hollie Stewart** An Authorized Signatory of both of the Corporate Directors of the General Partner of the Issuer and a Director of the Manager i Filing they signed MT **Megan Thomas** An Authorized Signatory of both of the Corporate Directors of the General Partner of the Issuer and a Director of the Manager i Filing they signed MC **Monica Camara** An Authorized Signatory of both of the Corporate Directors i Filing they signed NW **Nigel Westgarth** An Authorized Signatory of both of the Corporate Directors i Filing they signed PC **Paul Corbet** An Authorized Signatory of both of the Corporate Directors i Filing they signed RH **Rachel Harding** Director of both General Partner and Manager i Filing they signed SC **Sarah Carr** An Authorized Signatory of both of the Corporate Directors i Filing they signed SQ **Serena Queripel** An Authorized Signatory of both of the Corporate Directors i Filing they signed SL **Sophie Le Corre** An Authorized Signatory of both of the Corporate Directors i Filing they signed TR **Tahlia Richards** An Authorized Signatory of both of the Corporate Directors i Filing they signed VF **Vanessa Fletcher** An Authorized Signatory of both of the Corporate Directors i Filing they signed We also hold **17** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$148M** gross assets of its funds Oct 2026 **3+** funds on file numbered funds in its name **Exempt** reporting adviser venture or small private funds - **Legal name:** AIR Street Capital Management Limited - **SEC number:** CRD 328500 Who backs their funds ## 2 LPs on record in Air Street Capital's funds - **Funds:** 1 The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list. - [**Multiple Capital** 1 fund](https://millionrounds.com/fund/multiple-capital) Fund Vintage Committed Air Street Capital - - - [**Level Ventures** 1 fund](https://millionrounds.com/fund/level-ventures-2) Fund Vintage Committed Air Street Capital - - ## What they claim to have backed From their own portfolio page (on their website) **34** of 60 we have independently watched raise [Alta Ares](https://millionrounds.com/company/alta-ares)[Andela](https://millionrounds.com/company/andela)[Automata](https://millionrounds.com/company/automata)[Coram AI](https://millionrounds.com/company/coram-ai)[Crusoe](https://millionrounds.com/company/crusoe)[ElevenLabs](https://millionrounds.com/company/elevenlabs)[Flow Engineering](https://millionrounds.com/company/flow-engineering)[Gourmey](https://millionrounds.com/company/gourmey)[Graphcore (acq. SoftBank)](https://millionrounds.com/company/graphcore)[Intenseye](https://millionrounds.com/company/intenseye)[Interloom](https://millionrounds.com/company/interloom)[LabGenius](https://millionrounds.com/company/labgenius)[Lambda](https://millionrounds.com/company/lambda)[Mapillary (acq. Facebook)](https://millionrounds.com/company/mapillary)[Mission Barns](https://millionrounds.com/company/mission-barns)[Modern Intelligence](https://millionrounds.com/company/modern-intelligence)[Muon Space](https://millionrounds.com/company/muon-space)[Ndea](https://millionrounds.com/company/ndea)[Niantic (acq. Scopely)](https://millionrounds.com/company/niantic)[Numerai](https://millionrounds.com/company/numerai)[Onodrim](https://millionrounds.com/company/onodrim-industries)[Perceptic](https://millionrounds.com/company/perceptic)[PolyAI](https://millionrounds.com/company/polyai)[Poolside](https://millionrounds.com/company/poolside)[Samaya AI](https://millionrounds.com/company/samaya-ai)[Sereact](https://millionrounds.com/company/sereact)[Starship](https://millionrounds.com/company/starship-technologies)[Stripe](https://millionrounds.com/company/stripe)[Studio Atelico](https://millionrounds.com/company/studio-atelico)[Synthesia](https://millionrounds.com/company/synthesia)[Thought Machine](https://millionrounds.com/company/thought-machine)[Tractable](https://millionrounds.com/company/tractable)[V7](https://millionrounds.com/company/v7)[Wayve](https://millionrounds.com/company/wayve) Adept (acq. Amazon) Allcyte (acq. Exscientia) Athenian (acq. Linux) Black Forest Labs Browsehappy Chroma ClipDrop (acq. Stability/Jasper) Clove Contextual Delfa Delian AI Enveda Fern Labs (acq. Poolside) GTV Gandeeva General Reasoning Jack & Jill Jukedeck (acq. ByteDance) Kradle Macrodata Odyssey Optimal Patina Systems Polar Mist Profluent Ravelin (acq. Worldpay) and 7 more Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$232M** raised in Aug 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$49M** the round, not its cheque Led 3 of 8 rounds **38%** - **Said size:** $100K – $5.0M - **Sole investor:** Never alone - **Last cheque:** Sept 2026 Rounds by stage said on their site - Series A said *3* - Series B said *2* - Seed said *1* - Series E *1* - Pre-seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Creandum](https://millionrounds.com/fund/creandum) 3 - [Headline](https://millionrounds.com/fund/headline) 2 **Pitching Air Street Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Air Street Capital. A count of rooms they were both in, not a relationship either has claimed. [**Creandum** VC firm **3** rounds together](https://millionrounds.com/fund/creandum)[**Headline** VC firm **2** rounds together](https://millionrounds.com/fund/headline) ## Recently backed The latest companies Air Street Capital put money into. [**Alta Ares** $58M · Jun 2026](https://millionrounds.com/company/alta-ares)[**Sereact** $110M · Apr 2026](https://millionrounds.com/company/sereact)[**Interloom** $17M · Mar 2026](https://millionrounds.com/company/interloom)[**Synthesia** $200M · Jan 2026](https://millionrounds.com/company/synthesia)[**Black Forest Labs** $300M · Dec 2025](https://millionrounds.com/company/black-forest-labs)[**LabGenius** $10M · Oct 2019](https://millionrounds.com/company/labgenius) ## On podcasts 1 episode naming Air Street Capital in the title, and 4 more that mention it. - [The Peel](https://millionrounds.com/podcasts/the-peel) 22 Jan 2026 · 2h 23m The State of AI: Rise of Reasoning, Surge in Chinese Open Source, Sovereign AI, How to Invest in AI Today | Nathan Benaich, Air Street Capital With [Nathan Benaich](https://millionrounds.com/person/nathan-benaich) Mentions [Air Street Capital](https://millionrounds.com/fund/air-street-capital)[Sovereign AI](https://millionrounds.com/fund/sovereign-ai)[Street Capital](https://millionrounds.com/fund/street-capital) Apple PodcastsShow page ### Mentioned in - [TBPN](https://millionrounds.com/podcasts/tbpn) 8 Oct 2026 · 2h 19m Crypto Going "Bunker Mode", The Mathpocalypse, Starbucks Explores Chipotle Takeover | Rebecca Kaden & Michael Mignano, Nathan Benaich, Michael Sindicich & Healey Cypher, Moritz Stephan, Anastasios Angelopoulos, Zach Yadegari Apple PodcastsShow page - [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 15 Sept 2026 · 21 min Matt Wilson, Co-Founder and CEO of Jack & Jill: BREAKING: Jack and Jill raised $40m Series A Apple PodcastsShow page - [TBPN](https://millionrounds.com/podcasts/tbpn) 25 Mar 2026 · 2h 27m Benchmark's Future, SpaceX IPO, RIP Sora | Mike Knoop, Nathan Benaich, Rohin Dhar, Eric Jorgenson, Jenny Just, and Matt Hulsizer Apple PodcastsShow page - [Superclusters](https://millionrounds.com/podcasts/superclusters) 19 May 2025 · 1h 2m You're Looking at Networks Wrong | Albert Azout | Superclusters | S5E5 Apple PodcastsShow page ## Quick answers about Air Street Capital ### What does Air Street Capital invest in? Air Street Capital invests most often at Series A and Series B (71% of the rounds on record), in sectors such as Generative AI, SaaS and Machine Vision. ### How active is Air Street Capital? 8 investments on record, 6 of them in the last 12 months, and it led 3. The most recent was in Sept 2026. ### What has Air Street Capital invested in recently? Its most recent investments on record: Jack & Jill (Series A, Sept 2026), Alta Ares (Series A, Jun 2026) and Sereact (Series B, Apr 2026). ### How big are Air Street Capital's cheques? The median round it joins is $49M. It says it writes cheques of $100K to $5.0M. ### Does Air Street Capital lead rounds? Yes: it led 3 of its 8 investments on record (38%). ### Where does Air Street Capital invest? Most of the companies it backs are in the United Kingdom (43%), Germany (29%) and France (14%). ### Is Air Street Capital investing now? Yes: it is actively investing, with 6 investments in the last 12 months. ### Who does Air Street Capital invest alongside? Most often Creandum (3 rounds together) and Headline (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=air-street-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=air-street-capital)