# E-commerce investors based in London (2026 list)

> 51 E-commerce investors based in London, 94% active in the last 12 months. Led by Index Ventures, Antler, Crowdcube. Ranked by what they funded.

Source: https://millionrounds.com/lists/ecommerce-investors-based-in-london (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# E-commerce investors based in London

Updated 7 November 2026

Firms with an address in London that we have watched back an E-commerce company in the last two years.

[See all 51 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fecommerce-investors-based-in-london)The top 25

**51** investors on the list *-3* this week

**843** cheques in 12 months *-7%* against the market

**$10M** median round they joined *+30%* against the market median

**94%** wrote a cheque in 12 months

**69%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 2 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 3 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 4 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen
- 5 [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) *Deploying now* VC firm · Bermuda **219** **$25M** median round **Oct 2026** last seen
- 6 [Atomico](https://millionrounds.com/fund/atomico) *Deploying now* VC firm · United Kingdom **215** **$30M** median round **Oct 2026** last seen
- 7 [Notion Capital](https://millionrounds.com/fund/notion-capital) *Deploying now* VC firm · United Kingdom **202** **$9.2M** median round **Oct 2026** last seen
- 8 [IQ Capital](https://millionrounds.com/fund/iq-capital) *Deploying now* VC firm · United Kingdom **165** **$17M** median round **Oct 2026** last seen
- 9 [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) *Deploying now* VC firm · United Kingdom **163** **$1.9M** median round **Oct 2026** last seen
- 10 [DST Global](https://millionrounds.com/fund/dst-global) *Deploying now* Private equity · United Kingdom **158** **$81M** median round **Oct 2026** last seen
- 11 [Foresight Group](https://millionrounds.com/fund/foresight-group) *Deploying now* Private equity · United Kingdom **132** **$4M** median round **Oct 2026** last seen
- 12 [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) *Deploying now* Corporate VC · United Kingdom **128** **$23M** median round **Oct 2026** last seen
- 13 [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) *Deploying now* VC firm · United Kingdom **126** **$3.6M** median round **Sept 2026** last seen
- 14 [Firstminute Capital](https://millionrounds.com/fund/firstminute-capital) *Deploying now* VC firm · United Kingdom **123** **$6.4M** median round **Oct 2026** last seen
- 15 [Passion Capital](https://millionrounds.com/fund/passion-capital) *Deploying now* VC firm · United Kingdom **116** **$6.5M** median round **Nov 2026** last seen
- 16 [Target Global](https://millionrounds.com/fund/target-global) *Deploying now* VC firm · Germany **110** **$20M** median round **Sept 2026** last seen
- 17 [Oryx Fund](https://millionrounds.com/fund/oryx-fund) *Deploying now* VC firm · United Kingdom **109** **$7.7M** median round **Jul 2026** last seen
- 18 [Founders Factory](https://millionrounds.com/fund/founder-s-factory) *Deploying now* Accelerator · United Kingdom **106** **$2M** median round **Sept 2026** last seen
- 19 [Better Capital](https://millionrounds.com/fund/better-capital) *Deploying now* Private equity · United Kingdom **97** **$2.5M** median round **Oct 2026** last seen
- 20 [Ada Ventures](https://millionrounds.com/fund/ada-ventures) *Deploying now* VC firm · United Kingdom **94** **$3.2M** median round **Oct 2026** last seen
- 21 [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) *Deploying now* Private equity · United Kingdom **91** **$35M** median round **Nov 2026** last seen
- 22 [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) *Deploying now* VC firm · United Kingdom **91** **$20M** median round **Oct 2026** last seen
- 23 [Force Over Mass](https://millionrounds.com/fund/force-over-mass-capital) *Deploying now* VC firm · United Kingdom **73** **$4.7M** median round **Jul 2026** last seen
- 24 [Mercuri VC](https://millionrounds.com/fund/mercuri) *Deploying now* VC firm · United Kingdom **68** **$5M** median round **Sept 2026** last seen
- 25 [Portfolio Ventures](https://millionrounds.com/fund/will-martin) *Deploying now* VC firm · United Kingdom **65** **$4.7M** median round **Nov 2026** last seen

**26 more on this list**

All 51 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fecommerce-investors-based-in-london)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Portfolio Ventures](https://millionrounds.com/fund/will-martin)
- **5** Nov **[Mindmax](https://millionrounds.com/company/mindmax)** Seed · $3.3M *With* [Redrice Ventures](https://millionrounds.com/fund/redrice-ventures)
- **4** Nov **[Juritas](https://millionrounds.com/company/juritas)** Pre-seed · $1.6M *Led by* [Passion Capital](https://millionrounds.com/fund/passion-capital)
- **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *With* [Index Ventures](https://millionrounds.com/fund/index-ventures)
- **3** Nov **[SYNCERE](https://millionrounds.com/company/syncere)** Pre-seed · $11M *With* [Compound](https://millionrounds.com/fund/compound-5)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd)

## Stages This Year

777 rounds

- Seed **23%**
- Series A **16%**
- Venture **14%**
- Pre-seed **12%**
- Series B **9%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **334**
- Fintech **57**
- Healthcare **40**
- Financial Services **37**
- Big Data & Analytics **35**
- Software **33**

## Cheques by Quarter

Led Joined

248 Q1 25

253 Q2 25

235 Q3 25

256 Q4 25

252 Q1 26

231 Q2 26

191 Q3 26

64 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors based in San Francisco 353](https://millionrounds.com/lists/ai-investors-based-in-san-francisco)
- [AI investors based in New York 345](https://millionrounds.com/lists/ai-investors-based-in-new-york)
- [Seed investors based in San Francisco 273](https://millionrounds.com/lists/seed-investors-based-in-san-francisco)
- [Series A investors based in San Francisco 266](https://millionrounds.com/lists/series-a-investors-based-in-san-francisco)
- [Series A investors based in New York 255](https://millionrounds.com/lists/series-a-investors-based-in-new-york)
- [Seed investors based in New York 227](https://millionrounds.com/lists/seed-investors-based-in-new-york)
- [AI investors based in London 223](https://millionrounds.com/lists/ai-investors-based-in-london)
- [Series B investors based in New York 198](https://millionrounds.com/lists/series-b-investors-based-in-new-york)
- [Fintech investors based in New York 197](https://millionrounds.com/lists/fintech-investors-based-in-new-york)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about E-commerce investors based in London

### Who are the most active E-commerce investors based in London?

By cheques observed, the most active are Index Ventures, Antler, Crowdcube, GSR and Eight Roads Ventures.

### How many E-commerce investors based in London are there?

51 are on record. 94% made an investment in the last 12 months and 69% have led a round.

### Which stages do E-commerce investors based in London back?

Of the rounds with a named stage in the last 12 months, mostly Seed (29%) and Series A (20%).

### How big are the rounds E-commerce investors based in London join?

The typical (median) round among the leading investors here is $6.4M.

### Which sectors do E-commerce investors based in London back most?

In the last 12 months, mostly AI, Fintech and Healthcare.

### Which E-commerce investors based in London lead the most rounds?

Index Ventures (62 led), Atomico (19 led) and DST Global (12 led).

### What have E-commerce investors based in London invested in recently?

Recent rounds include Potential Sciences (Seed, Nov 2026, with Portfolio Ventures), Mindmax (Seed, Nov 2026, with Redrice Ventures) and Juritas (Pre-seed, Nov 2026, with Passion Capital).

### How is this list of E-commerce investors based in London ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)