Chrysalis Investments Limited (formerly Merian Chrysalis Investment Company Limited) is a Guernsey-domiciled, London-listed closed-ended investment trust providing growth capital to later-stage private UK and European companies with long-term growth potential. It targets innovative businesses with the potential to disrupt large addressable markets, retaining flexibility to support companies post-IPO.
40% of their portfolio is in AI. Their most common stage is series-d (40% of deals). Average disclosed round size is $130.6M (across 4 rounds with reported amounts).
Portfolio
4
Fund Size
$130M
Top Stage
Series D
Last 12 Mo
0
Team
Stephen Coe
Senior Independent Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Graphcore | Series D | $150M | Feb 2020 |
 Wefox | Series B | $110M | Dec 2019 |
 Starling Bank | Series C | — | Feb 2019 |
| Graphcore | Series D | $200M | Dec 2018 |
| DDeep Instinct Raises $62.5 Million Financing | Unknown | $62.5M | — |
Top Co-Investors
M122 shared
Robert Bosch Venture Capital2 shared
Amadeus Capital Partners2 shared
BMW i Ventures2 shared
Sofina2 shared
Foundation Capital1 shared
Molten Ventures1 shared
C4 Ventures1 shared
Atomico1 shared
Dell Technologies Capital1 shared
Pitango VC1 shared
Sequoia Capital1 shared
Baillie Gifford1 shared
M&G Investments1 shared
Ahren Innovation Capital1 shared
Cedar Mundi Ventures1 shared
Samsung Catalyst Fund1 shared
OMERS Ventures1 shared
Last updated: 9 September 2026