# Series A D2C investors (2026 list)

> 21 series A D2C investors, 95% active in the last 12 months. Led by Kima Ventures, Blume Ventures, Notion Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/series-a-d2c-investors (Millionrounds; every figure on the page links to its filing or article)

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

# Series A D2C investors

Updated 7 November 2026

Firms we have watched take part in a Series A round raised by a D2C company in the last two years. Both the stage and the sector are what they did, not what their website says.

[See all 21 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-a-d2c-investors)The top 21

**21** investors on the list No change this week

**203** cheques in 12 months *-20%* against the market

**$7.9M** median round they joined *-1%* against the market median

**95%** wrote a cheque in 12 months

**29%** have led a round

## The Top 21

Ordered by cheques observed, never by anything anyone paid for

Deploying now (20)

- 1 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) *Deploying now* VC firm · France **859** **$4.2M** median round **Nov 2026** last seen
- 2 [Blume Ventures](https://millionrounds.com/fund/blume-ventures) *Deploying now* VC firm · India **225** **$5M** median round **Nov 2026** last seen
- 3 [Notion Capital](https://millionrounds.com/fund/notion-capital) *Deploying now* VC firm · United Kingdom **202** **$9.2M** median round **Oct 2026** last seen
- 4 [Purple](https://millionrounds.com/fund/purple-laurent-ritter-s-fund) *Deploying now* VC firm · France **110** **$3M** median round **Sept 2026** last seen
- 5 [3one4 Capital](https://millionrounds.com/fund/3one4-capital) *Deploying now* VC firm · India **92** **$6.2M** median round **Oct 2026** last seen
- 6 [9Unicorns](https://millionrounds.com/fund/9unicorns) *Deploying now* VC firm · India **91** **$4.4M** median round **Oct 2026** last seen
- 7 [Motier Ventures](https://millionrounds.com/fund/motier-ventures) *Deploying now* Family office · France **48** **$5.2M** median round **Oct 2026** last seen
- 8 [Fireside Ventures](https://millionrounds.com/fund/fireside-ventures) *Deploying now* VC firm · India **33** **$6M** median round **Oct 2026** last seen
- 9 [Expon Capital](https://millionrounds.com/fund/expon-capital) quiet VC firm · Luxembourg **4** **$16M** median round **Apr 2025** last seen
- 10 [Smedvig Ventures](https://millionrounds.com/fund/smedvig-ventures) *Deploying now* VC firm · United Kingdom **4** **$9.8M** median round **Sept 2026** last seen
- 11 [Niveshaay](https://millionrounds.com/fund/niveshaay) *Deploying now* Advisor · India **3** **$15M** median round **Sept 2026** last seen
- 12 [Centricity](https://millionrounds.com/fund/centricity) *Deploying now* VC firm · New Zealand **2** **$7.9M** median round **Oct 2026** last seen
- 13 [Physis Capital](https://millionrounds.com/fund/physis-capital) *Deploying now* VC firm · India **2** **$11M** median round **Oct 2026** last seen
- 14 [Adhiraj Burman](https://millionrounds.com/fund/adhiraj-burman) *Deploying now* VC firm **2** **$7.9M** median round **Oct 2026** last seen
- 15 [Atul Singh](https://millionrounds.com/fund/atul-singh) *Deploying now* Angel **2** **$7.9M** median round **Oct 2026** last seen
- 16 [Diwakar Goel](https://millionrounds.com/fund/diwakar-goel) *Deploying now* VC firm **2** **$7.9M** median round **Oct 2026** last seen
- 17 [Rannvijay Singha](https://millionrounds.com/fund/rannvijay-singha) *Deploying now* VC firm **2** **$7.9M** median round **Oct 2026** last seen
- 18 [Prath Ventures](https://millionrounds.com/fund/prath-ventures) *Deploying now* VC firm · India **1** **$7.9M** median round **Sept 2026** last seen
- 19 [Adhiraj Burman's family office](https://millionrounds.com/fund/adhiraj-burman-s-family-office) *Deploying now* VC firm **1** **$8.5M** median round **Oct 2026** last seen
- 20 [Atul Singh's family office](https://millionrounds.com/fund/atul-singh-s-family-office) *Deploying now* VC firm **1** **$8.5M** median round **Oct 2026** last seen
- 21 [Diwakar Goel's family office](https://millionrounds.com/fund/diwakar-goel-s-family-office) *Deploying now* VC firm **1** **$8.5M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **3** Nov **[AQQI](https://millionrounds.com/company/aqqi)** Seed · $4.5M *With* [Kima Ventures](https://millionrounds.com/fund/kima-ventures)
- **3** Nov **[PowerUp Money](https://millionrounds.com/company/powerup-money)** Other · $10M *With* [Blume Ventures](https://millionrounds.com/fund/blume-ventures)
- **30** Oct **[Ace Blend](https://millionrounds.com/company/ace-blend)** Series A · $9.9M *Led by* [3one4 Capital](https://millionrounds.com/fund/3one4-capital)
- **29** Oct **[Bleu Robotics](https://millionrounds.com/company/bleu-robotics)** Pre-seed *With* [Motier Ventures](https://millionrounds.com/fund/motier-ventures)
- **28** Oct **[Easol](https://millionrounds.com/company/easol)** Series A · $30M *With* [Notion Capital](https://millionrounds.com/fund/notion-capital)
- **28** Oct **[Cent](https://millionrounds.com/company/cent)** Series A · $15M *Led by* [Blume Ventures](https://millionrounds.com/fund/blume-ventures)

## Stages This Year

174 rounds

- Seed **36%**
- Series A **23%**
- Series B **11%**
- Pre-seed **10%**
- Venture **7%**
- Other **13%**

## What They Backed

Sectors, last 12 months

- AI **72**
- Healthcare **12**
- Fintech **9**
- Robotics **9**
- Hardware & Electronics **8**
- E-commerce **8**

## Cheques by Quarter

Led Joined

62 Q1 25

70 Q2 25

71 Q3 25

67 Q4 25

74 Q1 26

33 Q2 26

31 Q3 26

44 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors)
- [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors)
- [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors)
- [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors)
- [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors)
- [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors)
- [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors)
- [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors)
- [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors)

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

## Reading for founders at Series A

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Sales Development Playbook: Build Repeatable Pipeline and Accelerate Growth with Inside Sales Trish Bertuzzi · 2016 4.18 from 696 ratings on Goodreads First sales Hiring and culture About the book Raise your hand if your company needs more new customers. I suspect your hand is (figuratively) up. This book is about not just growth, but high-growth, explosive-growth, the kind of growth that weather satellites can see from space. The success of any business-to-business… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=series_a).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series A D2C investors

### Who are the most active series A D2C investors?

By cheques observed, the most active are Kima Ventures, Blume Ventures, Notion Capital, Purple and 3one4 Capital.

### How many series A D2C investors are there?

21 are on record. 95% made an investment in the last 12 months and 29% have led a round.

### Which stages do series A D2C investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (40%) and Series A (26%).

### How big are the rounds series A D2C investors join?

The typical (median) round among the leading investors here is $7.9M.

### Which sectors do series A D2C investors back most?

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

### Which series A D2C investors lead the most rounds?

Blume Ventures (10 led), Notion Capital (10 led) and 3one4 Capital (9 led).

### Where are series A D2C investors based?

Among the most active, most are based in India (7), France (3) and the United Kingdom (2).

### What have series A D2C investors invested in recently?

Recent rounds include AQQI (Seed, Nov 2026, with Kima Ventures), PowerUp Money (Other, Nov 2026, with Blume Ventures) and Ace Blend (Series A, Oct 2026, with 3one4 Capital).

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