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Venture Capital
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Investments

71

Portfolio Exits

5

Funds

2

About 7Percent

7Percent is investing in early stage technology companies on the United Stats' west coast and over in Europe.

7Percent Headquarter Location

10 Finsbury Square Lower Ground, Runway East

London, England, EC2A 1AF,

United Kingdom

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Latest 7Percent News

Update: 7percent Ventures Named Lead Investor After Investing £200,000 into Small Robot Company’s Crowdcube Campaign; Funding Round Has Now Secured More Than £1.5 Million

Feb 10, 2020

Small Robot , a UK-based ag-tech that is building sustainable farming robots, announced on Monday that venture capitalists 7percent Ventures has been confirmed as its lead investor after investing £200,000 into its equity crowdfunding campaign on Crowdcube . This brought the funding round’s investment amount to more than £1.5 million. According to Small Robot, 7percent Ventures is an entrepreneur-led, network-driven early-stage fund. Its previous  investments include virtual reality company Oculus, seed-stage venture firm Anorak Ventures, and rideshare company Lyft. The company notably specializes in first or second money-in investments, with an average first investment of $250,000 (£200,000). Speaking about the investment, 7percent stated: “We will not invest in any business –however good it might be — which is not a billion dollar opportunity. We are interested in Founders who want to transform a market, not iterate it. Change is the prerequisite to disruption. Therefore, to monopolize a market globally we believe you must fundamentally disrupt it. To do that you must have a product which solves a painful problem in a significantly better way (10x better ideally) than existing solutions, or serves a need which today is not being satisfied in another way.” As previously reported, Small Robot has transitioned from prototype to commercial service, using an autonomous robot and their AI software to deliver a weed map to paying customers. The company further explained: “Imagine a world in which we could use swarms of lightweight, smart machines to replace tractors and make food production more accurate, sustainable and profitable. Small Robot Company is building the technology to make this happen. Our three small robots, Tom, Dick and Harry and our AI brain Wilma will plant, monitor and treat arable crops autonomously.” The current funding round follows one year after Small Robot secured £1,173,940 through its previous Crowdcube campaign. The company reported since that funding round, it has achieved its aim of moving from proof of concept to commercially-ready prototype. The new raise will help it to begin manufacturing its robots with its partners, Tharsus. “Today, we are delivering an AI-generated field map which has the potential to show the exact location of every plant and all of the weeds on UK farms, and we believe we are the first to market with a product of this sort. This year we aim to demonstrate our ability to kill these weeds autonomously without using chemicals.” Small Robot is currently offering 8.05% in equity at an £8 million pre-money valuation through the campaign. Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site! Sponsored Links by DQ Promote You may also like...

7Percent Investments

71 Investments

7Percent has made 71 investments. Their latest investment was in Stotles as part of their Seed VC - III on June 6, 2022.

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7Percent Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/23/2022

Seed VC - III

Stotles

$6.5M

No

FJ Labs, Form Ventures, GTMFund, Headline, Mathias HiIpert, Speedinvest, and Undisclosed Angel Investors

1

5/24/2022

Seed VC - II

Neurolabs

$3.22M

No

1

4/26/2022

Seed VC

Challau

$0.5M

Yes

1

3/7/2022

Seed VC

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$99M

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10

12/10/2021

Seed VC

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$99M

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10

Date

6/23/2022

5/24/2022

4/26/2022

3/7/2022

12/10/2021

Round

Seed VC - III

Seed VC - II

Seed VC

Seed VC

Seed VC

Company

Stotles

Neurolabs

Challau

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Amount

$6.5M

$3.22M

$0.5M

$99M

$99M

New?

No

No

Yes

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Co-Investors

FJ Labs, Form Ventures, GTMFund, Headline, Mathias HiIpert, Speedinvest, and Undisclosed Angel Investors

Sources

1

1

1

10

10

7Percent Portfolio Exits

5 Portfolio Exits

7Percent has 5 portfolio exits. Their latest portfolio exit was Blue Vision Labs on October 23, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/23/2018

Acquired

$99M

9

9/19/2017

Asset Sale

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$99M

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10

6/20/2016

Acquired

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$99M

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10

1/1/2016

Acquired

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$99M

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10

3/25/2014

Acquired

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$99M

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10

Date

10/23/2018

9/19/2017

6/20/2016

1/1/2016

3/25/2014

Exit

Acquired

Asset Sale

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

9

10

10

10

10

7Percent Fund History

2 Fund Histories

7Percent has 2 funds, including 7percent Ventures II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/3/2020

7percent Ventures II

Early-Stage Venture Capital

Closed

$39.25M

1

12/31/2018

7percent Ventures I LP

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$99M

10

Closing Date

1/3/2020

12/31/2018

Fund

7percent Ventures II

7percent Ventures I LP

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$39.25M

$99M

Sources

1

10

7Percent Team

2 Team Members

7Percent has 2 team members, including current Founding Partner, Andrew Scott.

Name

Work History

Title

Status

Andrew Scott

Founding Partner

Current

Andrew Gault

General Partner

Current

Name

Andrew Scott

Andrew Gault

Work History

Title

Founding Partner

General Partner

Status

Current

Current

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