# Mercuri VC Portfolio Map 2026: 22 Startups by Sector > Mercuri VC's portfolio mapped: 22 startups it has backed, in 4 sectors from AI, Energy and Fintech on. $5.3B raised between them; logos, funding and rounds. Source: https://millionrounds.com/portfolio-maps/mercuri-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## AI 11 - [Fluidstack](https://millionrounds.com/company/fluidstack) - [Signal AI](https://millionrounds.com/company/signal-ai) - [ThinkLabs AI](https://millionrounds.com/company/thinklabs-ai) - [Electric Twin](https://millionrounds.com/company/electric-twin) - [Papercup](https://millionrounds.com/company/papercup) - [Resemble AI](https://millionrounds.com/company/resemble-ai) - [*WS* Wonder Studios](https://millionrounds.com/company/wonder-studios) - [Mozart AI](https://millionrounds.com/company/mozart-ai) - [Menou](https://millionrounds.com/company/menou) - [Minitap](https://millionrounds.com/company/minitap) - [GIBRAN](https://millionrounds.com/company/gibran) ## Energy 5 - [MACH Resources](https://millionrounds.com/company/mach-resources) - [MN8 Energy](https://millionrounds.com/company/mn8-energy) - [Nth Cycle](https://millionrounds.com/company/nth-cycle) - [Black Bayou Energy Hub](https://millionrounds.com/company/black-bayou-energy-hub) - [Connected Energy](https://millionrounds.com/company/connected-energy) ## Fintech 3 - [Ascend](https://millionrounds.com/company/ascend) - [Unbox](https://millionrounds.com/company/unbox) - [RYSE](https://millionrounds.com/company/ryse) ## Edtech 3 - [Authoritive](https://millionrounds.com/company/authoritive) - [Edly](https://millionrounds.com/company/edly) - [Kaizen Mentoria](https://millionrounds.com/company/kaizen-mentoria) ## Segment by segment ### AI 11 startups · $3.3B raised - [**Fluidstack**](https://millionrounds.com/company/fluidstack) FluidStack is a GPU cloud for AI, ML and LLM companies. United States $3.0B - [**Signal AI**](https://millionrounds.com/company/signal-ai) Signal AI is a global decision augmentation and risk intelligence company based in London, UK. United Kingdom $215M - [**ThinkLabs AI**](https://millionrounds.com/company/thinklabs-ai) ThinkLabs AI is a specialized company that focuses on assisting utilities and grid operators in managing complex electric systems. United States $33M - [**Electric Twin**](https://millionrounds.com/company/electric-twin) Electric Twin is a London-based technology company that specializes in developing synthetic audiences, which are simulations of ta United Kingdom $23M - [**Papercup**](https://millionrounds.com/company/papercup) A Papercup merchandise will always make you feel happy and being happy will urge you to buy something from Papercup. United Kingdom $20M - [**Resemble AI**](https://millionrounds.com/company/resemble-ai) Resemble AI is an innovative company focused on generative voice AI, founded in 2019 by Saqib Muhammad and Zohaib Ahmed. United States $13M - [*WS* **Wonder Studios**](https://millionrounds.com/company/wonder-studios) Wonderstudios is an advertising agency that renders advice, consulting and digital solutions to events to inspire the audience. United Kingdom $12M - [**Mozart AI**](https://millionrounds.com/company/mozart-ai) Mozart AI is a London-based music technology startup founded in 2025. United Kingdom $6.0M ### Energy 5 startups · $1.7B raised - [**MACH Resources**](https://millionrounds.com/company/mach-resources) Mach Resources is an independent oil and natural gas producer & fast-paced and growth-oriented company. United States $868M - [**MN8 Energy**](https://millionrounds.com/company/mn8-energy) MN8 Energy is an energy company that provides renewable energy and services to enterprise customers. United States $663M - [**Nth Cycle**](https://millionrounds.com/company/nth-cycle) Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals. United States $137M - [**Black Bayou Energy Hub**](https://millionrounds.com/company/black-bayou-energy-hub) Black Bayou Energy Hub is an essential storage facility for reliable and sustainable energy in the future. United States $50M - [**Connected Energy**](https://millionrounds.com/company/connected-energy) Connected Energy is a UK-based leader in second-life electric vehicle (EV) battery energy storage systems, founded in 2010. United Kingdom $18M ### Fintech 3 startups · $281M raised - [**Ascend**](https://millionrounds.com/company/ascend) Ascend is an award-winning dry van, full truckload carrier based in Jackson, Tennessee. United States $257M - [**Unbox**](https://millionrounds.com/company/unbox) Unbox Commerce Ltd is a London-based software startup founded in 2024. Belgium $16M - [**RYSE**](https://millionrounds.com/company/ryse) Getting to the future firstReimagining Healthcare to transform lives APPROACHOur aim is to be globally admired for reimagining hea United States $7.9M ### Edtech 3 startups · $7.0M raised - [**Authoritive**](https://millionrounds.com/company/authoritive) Authoritive is the first-ever creator-centric text messaging platform that allows creators and experts of all stripes, to create r United States $5.0M - [**Edly**](https://millionrounds.com/company/edly) Edly specializes in income based repayment financing for students. United States $1.0M - [**Kaizen Mentoria**](https://millionrounds.com/company/kaizen-mentoria) Soluções em educação para alunos e escolas com resultado de longo prazo. Brazil $970K **How this map is made.** Every startup here has raised money in a round we track that names Mercuri VC as an investor, the first in 2021. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [VC firm · United Kingdom **Antler** 376 startups · 12 sectors · $10.0B](https://millionrounds.com/portfolio-maps/antler-portfolio-map)[VC firm · United Kingdom **Index Ventures** 359 startups · 12 sectors · $75B](https://millionrounds.com/portfolio-maps/index-ventures-portfolio-map)[VC firm · United Kingdom **Innovate UK** 357 startups · 12 sectors · $4.7B](https://millionrounds.com/portfolio-maps/innovate-uk-portfolio-map)[VC firm · United Kingdom **Crowdcube** 276 startups · 12 sectors · $2.3B](https://millionrounds.com/portfolio-maps/crowdcube-portfolio-map)[VC firm · United Kingdom **GSR** 198 startups · 12 sectors · $8.0B](https://millionrounds.com/portfolio-maps/gsr-portfolio-map)[VC firm · United Kingdom **Seedcamp** 196 startups · 12 sectors · $14B](https://millionrounds.com/portfolio-maps/seedcamp-portfolio-map) ## Raising from investors like Mercuri VC? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)