Merian Chrysalis (now Chrysalis Investments Limited) initially focused on investing in a concentrated portfolio of later-stage private growth companies, primarily in the UK and Europe, with the aim of providing access to high-growth private investment opportunities. However, the firm is currently proposing a three-year orderly wind-down of its existing portfolio, ceasing new investments, and returning capital to shareholders.
33% of their portfolio is in AI. Average disclosed round size is $115.2M (across 3 rounds with reported amounts).
Portfolio
3
Fund Size
$1.1B
Top Stage
Series D
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
3 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Graphcore | Series D | $150M | Feb 2020 |
 Wefox Group | Series B | $110M | Dec 2019 |
 Starling Bank | Series C | $85.5M | Feb 2019 |
Top Co-Investors
Baillie Gifford1 shared
M&G Investments1 shared
Ahren Innovation Capital1 shared
Amadeus Capital Partners1 shared
Sofina1 shared
Robert Bosch Venture Capital1 shared
BMW i Ventures1 shared
M12 (Microsoft)1 shared
Samsung Ventures1 shared
OMERS Ventures1 shared
Samsung Catalyst Fund1 shared
Last updated: 28 April 2026