# Prelude Trust: portfolio, investments and team

> Prelude Trust is a vc firm. 21 investments on record, latest Apr 2014. Portfolio, stages, co-investors and team.

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

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

# Prelude Trust

Last cheque observed Apr 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Venture Series B Series A

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 21 on record

Since the last cheque **4569** days **00** hrs **00** min **00** sec

Median round **$5.3M** Rounds led **0 of 21** Sole investor **1 rounds** Exits **4 from the portfolio** Mostly in **United Kingdom, 71%**

Pitch Prelude Trust

## Prelude Trust highlights

- 01 21 rounds on record
- 02 Mostly Venture and Series B: 67% of its rounds
- 03 Sole investor in 1 rounds, median $1.2M
- 04 4 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **21 appearances**

- **2014** 1 round
- **Apr** **[Yerdle](https://millionrounds.com/company/yerdle)** Series A · US **$5.0M** With 5 others
- **2007** 5 rounds
- **Oct** **[Oxford Immunotec](https://millionrounds.com/company/oxford-immunotec)** Series C · GB · oxfordimmunotec.com **$40M** With 5 others
- **Sept** **[XMOS](https://millionrounds.com/company/xmos)** Series B · GB **$16M** With 4 others
- **Sept** **[XMOS](https://millionrounds.com/company/xmos)** Series A · GB · xmos.com **$16M** With 3 others
- **Jul** **[GreenPeak Technologies](https://millionrounds.com/company/greenpeak-technologies)** Venture · NL **$1.2M** Sole investor
- **Mar** **[Tribold](https://millionrounds.com/company/tribold)** Series B · GB · tribold.com **$15M** With 3 others
- **2006** 8 rounds
- **Oct** **[Cambridge Positioning Systems](https://millionrounds.com/company/cambridge-positioning-systems)** Venture · GB **$339K** With 2 others
- **Sept** **[SiConnect](https://millionrounds.com/company/siconnect)** Series B · GB **$5.3M** With 4 others
- **Sept** **[XMOS](https://millionrounds.com/company/xmos)** Series A · GB **$1.2M** With 2 others
- **Sept** **[Lime Microsystems](https://millionrounds.com/company/lime-microsystems)** Venture · GB **$343K** With 2 others
- **Aug** **[ZBD Displays](https://millionrounds.com/company/zbd-displays)** Venture · GB **$5.4M** With 5 others
- **May** **[GreenPeak Technologies](https://millionrounds.com/company/greenpeak-technologies)** Venture · NL **$11M** With 4 others
- **Apr** **[Sciona](https://millionrounds.com/company/sciona)** Series C · US **$9.9M** With 4 others
- **Feb** **[m-spatial](https://millionrounds.com/company/m-spatial)** Venture · GB **$1.6M** With 2 others
- **2005** 5 rounds
- **Nov** **[m-spatial](https://millionrounds.com/company/m-spatial)** Venture · GB **$1.8M** With 2 others
- **Oct** **[ZBD Displays](https://millionrounds.com/company/zbd-displays)** Venture · GB **$4.7M** With 5 others
- **Aug** **[Oxford Immunotec](https://millionrounds.com/company/oxford-immunotec)** Series B · GB · accessmylibrary.com **$13M** With 2 others
- **Jul** **[Polatis](https://millionrounds.com/company/polatis)** Venture · US **$1.1M** With 2 others
- **May** **[SiConnect](https://millionrounds.com/company/siconnect)** Series A · GB **$4.9M** With 4 others
- **2004** 1 round
- **Nov** **[Polatis](https://millionrounds.com/company/polatis)** Series C · US **$9.4M** With 3 others
- **2003** 1 round
- **May** **[Alphamosaic](https://millionrounds.com/company/alphamosaic)** Series B · GB **$12M** With 3 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Oxford Immunotec](https://millionrounds.com/company/oxford-immunotec)** Listed **$64M** Nov 2013

**[Tribold](https://millionrounds.com/company/tribold)** Bought by Sigma Systems **Undisclosed** Jul 2013

**[Cambridge Positioning Systems](https://millionrounds.com/company/cambridge-positioning-systems)** Bought by [CSR](https://millionrounds.com/fund/csr) **$35M** Jan 2007

**[Alphamosaic](https://millionrounds.com/company/alphamosaic)** Bought by [Broadcom](https://millionrounds.com/fund/broadcom-limited) **Undisclosed** Sept 2004

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Venture Series B Series A

Median round joined **$5.3M** the round, not its cheque Alone, median **$1.2M**

Led 0 of 21 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Apr 2014
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Venture *9*
- Series B *5*
- Series A *4*
- Series C *3*

Cheques by year Led Joined

2003 2014

Often in the room with

- [DFJ Esprit](https://millionrounds.com/fund/dfj-esprit) 12
- [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) 11
- [Dow Venture Capital](https://millionrounds.com/fund/dow-venture-capital) 6
- [TTP Ventures](https://millionrounds.com/fund/ttp-ventures) 5
- [Alta Berkeley Venture Partners](https://millionrounds.com/fund/alta-berkeley) 3
- [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) 2

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## Who they invest alongside

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

[**DFJ Esprit** VC firm **12** rounds together](https://millionrounds.com/fund/dfj-esprit)[**Draper Esprit** VC firm **11** rounds together](https://millionrounds.com/fund/draper-esprit-plc)[**Dow Venture Capital** Growth equity **6** rounds together](https://millionrounds.com/fund/dow-venture-capital)[**TTP Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/ttp-ventures)[**Alta Berkeley Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/alta-berkeley)[**Amadeus Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/amadeus-capital-partners)[**Delta Partners** VC firm **2** rounds together](https://millionrounds.com/fund/delta-partners)[**Foundation Capital** VC firm **2** rounds together](https://millionrounds.com/fund/foundation-capital)[**QinetiQ** Corporate VC **2** rounds together](https://millionrounds.com/fund/qinetiq)[**Quester Capital** VC firm **2** rounds together](https://millionrounds.com/fund/quester-capital)

## Quick answers about Prelude Trust

### What does Prelude Trust invest in?

Prelude Trust invests most often at Venture and Series B (67% of the rounds on record).

### How active is Prelude Trust?

21 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2014.

### How big are Prelude Trust's cheques?

The median round it joins is $5.3M.

### Does Prelude Trust lead rounds?

Rarely, if at all: none of its 21 investments on record names it as the lead.

### Where does Prelude Trust invest?

Most of the companies it backs are in the United Kingdom (71%), the United States (19%) and the Netherlands (10%).

### Is Prelude Trust investing now?

No investments in the last 12 months; the latest was in Apr 2014.

### Who does Prelude Trust invest alongside?

Most often DFJ Esprit (12 rounds together), Draper Esprit (11 rounds together) and Dow Venture Capital (6 rounds together).

### What kind of investor is Prelude Trust?

Prelude Trust is a VC firm.

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