# Ascension: portfolio, investments and team

> Ascension is a vc firm based in United Kingdom. 190 investments on record, 34 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ascension (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Investor](https://millionrounds.com/investors)

# Ascension

Last cheque observed Oct 2026; 190 cheques on record.

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Deploying now New fund $2.1B, Oct 2026 VC firm

Pre-seed Seed Series A Creator Economy FinTech Finance & Crypto

Follow Ascension and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fascension)

Deploying now

**92%** of best year **34** **cheques in 12 months**, 190 on record

Since the last cheque **12** days **00** hrs **00** min **00** sec

Median round **$3.4M** Cheque size, as they say **$100K – $500K** Rounds led **1 of 190** Sole investor **29 rounds** Mostly in **United Kingdom, 90%**

Pitch Ascension

## Ascension highlights

- 01 34 cheques in the last 12 months
- 02 Mostly Seed and Venture: 63% of its rounds
- 03 Sole investor in 29 rounds, median $1.5M

## What they do

> We are a London-based VC, investing early-stage capital for ambitious founders, across the UK, Europe and North America. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $500K as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Creator Economy FinTech Finance & Crypto
- **Based in:** London, United Kingdom
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **190 appearances**

- **2026** 29 rounds
- **Oct** **[Relace](https://millionrounds.com/company/relace)** Pre-seed · GB · The SaaS News **$1.6M** With 2 others
- **Oct** **[Neela Biotech](https://millionrounds.com/company/neela-biotech)** Pre-seed · GB · Tech Funding News **$2.8M** With 3 others
- **Sept** **[Thursday](https://millionrounds.com/company/thursday)** Venture · GB **$1.5M** With 1 other
- **Sept** **[Sprive](https://millionrounds.com/company/sprive)** Series A · GB **$10M** With 1 other
- **Jul** **[Qureight](https://millionrounds.com/company/qureight)** Series B · GB · Ventureburn **$20M** With 6 others
- **Jul** **[Plend](https://millionrounds.com/company/plend)** Debt · GB **$27M** With 3 others
- **Jun** **[Saltroad](https://millionrounds.com/company/saltroad)** Seed · GB **$2.0M** With 1 other
- **Jun** **[Rejoni](https://millionrounds.com/company/rejoni)** Venture · US · Catalyst Health Ventures **$25M** With 7 others
- **Jun** **[Nebu-Flow](https://millionrounds.com/company/nebu-flow)** Grant · GB **$2.7M** With 2 others
- **Jun** **[Concert Bio](https://millionrounds.com/company/concert-bio)** Grant · GB **$132K** With 4 others
- **May** **[GEEIQ](https://millionrounds.com/company/geeiq)** Venture · GB **$6.8M** With 2 others
- **May** **[Fifth Dimension AI](https://millionrounds.com/company/fifth-dimension-ai)** Series A · GB **$26M** With 4 others
- **May** **[Voxmind](https://millionrounds.com/company/voxmind)** Pre-seed · GB **$736K** Sole investor
- **May** **[Happl](https://millionrounds.com/company/happl)** Series A · GB **$5.0M** With 4 others
- **May** **[Greenpixie](https://millionrounds.com/company/greenpixie)** Seed · GB **$6.3M** With 2 others
- **Apr** **[ManaMind](https://millionrounds.com/company/manamind)** Pre-seed · GB · Firms' own news pages **$1.5M** With 5 others
- **Apr** **[Youtility](https://millionrounds.com/company/youtility)** Venture · GB **Undisclosed** With 1 other
- **Apr** **[Round Treasury](https://millionrounds.com/company/round-treasury)** Seed · GB **$6.0M** With 1 other
- **Apr** **[NunaBio](https://millionrounds.com/company/nunabio)** Venture · GB **$8.8M** With 2 others
- **Mar** **[Concert Bio](https://millionrounds.com/company/concert-bio)** Grant · GB **$133K** With 4 others
- **Mar** **[Epoch Biodesign](https://millionrounds.com/company/epoch-biodesign)** GB · Firms' own news pages **$12M** With 9 others
- **Mar** **[Farmdrive](https://millionrounds.com/company/farmdrive)** Seed · GB **$927K** With 2 others
- **Mar** **[Shellworks](https://millionrounds.com/company/shellworks)** Series A · GB **$15M** With 4 others
- **Mar** **[Captur](https://millionrounds.com/company/captur)** Seed · GB **$6.0M** With 4 others
- **Mar** **[Hosel](https://millionrounds.com/company/hosel)** Pre-seed · GB **$673K** Sole investor
- **Feb** **[Tembo](https://millionrounds.com/company/tembo)** Growth · GB · Gresham House Ventures **$22M** With 6 others
- **Feb** **[Kinfolk](https://millionrounds.com/company/kinfolk)** Seed · GB **$7.2M** With 2 others
- **Jan** **[TUAL Technology](https://millionrounds.com/company/tual-technology)** Seed · GB **$2.0M** Sole investor
- **Jan** **[Eolas Medical](https://millionrounds.com/company/eolas-medical)** Series A · GB **$12M** With 3 others
- **2025** 25 rounds
- **Dec** **[Track Titan](https://millionrounds.com/company/track-titan)** Seed · GB **$5.0M** With 4 others
- **Dec** **[Altura](https://millionrounds.com/company/altura)** Seed · GB **$4.0M** Sole investor
- **Dec** **[MiAlgae](https://millionrounds.com/company/mialgae)** Grant · GB **$2.0M** With 4 others
- **Nov** **[Eedi](https://millionrounds.com/company/eedi)** Venture · GB **Undisclosed** With 1 other
- **Nov** **[NextSense](https://millionrounds.com/company/next-sense)** Series A · US **$16M** Sole investor
- **Oct** **[Cala Health](https://millionrounds.com/company/cala-health)** Series C · US **$50M** With 3 others
- **Oct** **[Instylla](https://millionrounds.com/company/instylla)** Series C · US **$22M** Sole investor
- **Sept** **[Camera Intelligence](https://millionrounds.com/company/camera-intelligence)** Seed · GB **$2.0M** With 4 others
- **Aug** **[Better Nature](https://millionrounds.com/company/better-nature)** Venture · GB **$1.5M** With 2 others
- **Jun** **[Valla](https://millionrounds.com/company/valla)** Seed · GB · TechCrunch **$2.7M** With 5 others
- **May** **[Suvera](https://millionrounds.com/company/suvera)** Venture · GB **Undisclosed** 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 **5 named**

DK **Daniel K Conner** Executive Officer, Promoter i Filing they signed

DE **David E Erickson** Chief Investment Officer of Ascension Investment Management LLC, Manager of the Ascension Alpha Fund, LLC i Filing they signed

PT **Phillip Toews** Chief Executive Officer i Filing they signed

RD **Randall D. Schroeder** Chief Operating Officer i Filing they signed

SE **Senate Eskridge** Executive Officer i Filing they signed

We also hold **32** 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

**5+** funds on file numbered funds in its name

New fund on file

**$2.1B**

raised in Oct 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 **$3.4M** the round, not its cheque Alone, median **$1.5M**

Led 1 of 190 rounds **1%**

- **Said size:** $100K – $500K
- **Sole investor:** 29 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *60*
- Venture *47*
- Pre-seed said *24*
- Series A said *24*
- Series B *10*
- Grant *5*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Seedcamp](https://millionrounds.com/fund/seedcamp) 12
- [Concept Ventures](https://millionrounds.com/fund/concept-ventures) 10
- [Wayra](https://millionrounds.com/fund/wayra) 9
- [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) 7
- [Everywhere Ventures](https://millionrounds.com/fund/everywhere-ventures) 7
- [Force Over Mass](https://millionrounds.com/fund/force-over-mass-capital) 7

**Pitching Ascension?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Ascension. A count of rooms they were both in, not a relationship either has claimed.

[**Seedcamp** VC firm **12** rounds together](https://millionrounds.com/fund/seedcamp)[**Concept Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/concept-ventures)[**Wayra** Corporate VC **9** rounds together](https://millionrounds.com/fund/wayra)[**Entrepreneur First** Accelerator **7** rounds together](https://millionrounds.com/fund/entrepreneurs-first)[**Everywhere Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/everywhere-ventures)[**Force Over Mass** VC firm **7** rounds together](https://millionrounds.com/fund/force-over-mass-capital)[**Founders Factory** Accelerator **7** rounds together](https://millionrounds.com/fund/founder-s-factory)[**Innovate UK** VC firm **7** rounds together](https://millionrounds.com/fund/innovate-uk)[**Plug and Play** Accelerator **7** rounds together](https://millionrounds.com/fund/plug-and-play)[**Techstart Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/techstart-ventures)[**Ada Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/ada-ventures)[**Fuel Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/fuel-ventures)

## Recently backed

The latest companies Ascension put money into.

[**Thursday** $1.5M · Sept 2026](https://millionrounds.com/company/thursday)[**Sprive** $10M · Sept 2026](https://millionrounds.com/company/sprive)[**Qureight** $20M · Jul 2026](https://millionrounds.com/company/qureight)[**Plend** $27M · Jul 2026](https://millionrounds.com/company/plend)[**Nebu-Flow** $2.7M · Jun 2026](https://millionrounds.com/company/nebu-flow)[**Concert Bio** $132K · Jun 2026](https://millionrounds.com/company/concert-bio)

## Mentioned on podcasts

Episodes that name Ascension in their description, not their title.

- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 27 Apr 2026 · 1h 4m Alex Sloane & Matt Perelman – Buy-and-Build Playbook in the Core Economy at GSP (EP.499) Mentions [Ascension](https://millionrounds.com/fund/ascension) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 6 Apr 2026 · 1h 0m Bruce MacDonald – The Playbook for Building a Mid-Sized Endowment from Scratch (EP.495) Mentions [Ascension](https://millionrounds.com/fund/ascension) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 16 Feb 2026 · 1h 2m Bobby Jain – Multi-Strategy Hedge Fund First Principles at Jain Global (EP.487) With [Bobby Jain](https://millionrounds.com/person/bobby-jain) Mentions [Ascension](https://millionrounds.com/fund/ascension)[Credit Suisse](https://millionrounds.com/fund/credit-suisse) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 2 Feb 2026 · 1h 15m Jonathan Lewinsohn – Credit Microcycles at Diameter (EP.484) Mentions [Ascension](https://millionrounds.com/fund/ascension)[Scott Goodwin](https://millionrounds.com/person/scott-goodwin) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 12 Jan 2026 · 1h 0m Ashby Monk – Total Portfolio Approach and the Future of Asset Owners (EP.480) With [Ashby Monk](https://millionrounds.com/person/ashby-monk) Mentions [Ascension](https://millionrounds.com/fund/ascension)[Saudi Arabia](https://millionrounds.com/person/saudi-arabia) Apple PodcastsShow page

## Quick answers about Ascension

### What does Ascension invest in?

Ascension invests most often at Seed and Venture (63% of the rounds on record), in sectors such as Creator Economy, FinTech and Finance & Crypto.

### How active is Ascension?

190 investments on record, 34 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Ascension invested in recently?

Its most recent investments on record: Relace (Pre-seed, Oct 2026), Neela Biotech (Pre-seed, Oct 2026) and Thursday (Venture, Sept 2026).

### How big are Ascension's cheques?

The median round it joins is $3.4M. It says it writes cheques of $100K to $500K.

### Does Ascension lead rounds?

Sometimes: it led 1 of its 190 investments on record (1%).

### Where does Ascension invest?

Most of the companies it backs are in the United Kingdom (90%) and the United States (10%).

### Is Ascension investing now?

Yes: it is actively investing, with 34 investments in the last 12 months.

### Who does Ascension invest alongside?

Most often Seedcamp (12 rounds together), Concept Ventures (10 rounds together) and Wayra (9 rounds together).

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