Mercuri is an early-stage venture capital fund that leads pre-seed and seed funding rounds for UK companies at the intersection of media, entertainment and technology. The firm is dedicated to backing outstanding entrepreneurs who are at the forefront of developing tech-driven products designed for the new age of enterprise and the digital lifestyle of the consumer. A key aspect of our strategy is our engaged approach, adding value to our portfolio companies.
In 2017, Alan Hudson founded Mercuri (formerly GMG Ventures) in London’s vibrant technology and innovation hub, Kings Cross.
Mercuri’s first fund was £42m and was anchored by The Scott Trust as a limited partner, which among other assets owns the Guardian Media Group.
Mercuri launched its second fund of £50m in May 2023, with the British Business Bank as its cornerstone investor. Other blue chip institutions (including The Scott Trust), strategics and angels are limited partners in the fund.
The name Mercuri is inspired by the Roman god of commerce and communication, reflecting our focus on technology that transforms how people connect, create, and consume. With a sector lens on media and entertainment, we back businesses redefining communication, engagement, and the infrastructure that powers them.