
Mustard Seed is a London-based impact venture capital firm co-founded by Alex Pitt and Henry Wigan in 2013. It invests in world-class early-stage businesses that seek to generate compelling financial and societal returns, with portfolio exposure across consumer, education, healthcare, fintech, climate, and technology sectors.
Their most common stage is seed (48% of deals). Average disclosed round size is $7.8M (across 11 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | — | May 2024 | |
| Series C | $10M | Jun 2023 | |
| Series A | $16M | Jul 2021 | |
| Series A | $16M | Jul 2021 | |
| Lloc.tax | Series A | $3.6M | Feb 2021 |
| Seed | $12M | Jan 2021 | |
| Series A | — | Sep 2020 | |
| Seed | — | May 2020 | |
| FFenton & Co | Seed | — | Feb 2020 |
| Seed | $3M | Dec 2019 | |
| Unknown | — | Jan 2019 | |
| Seed | — | Jun 2018 | |
| Series B | $7.4M | Oct 2017 | |
| Series B | $8.5M | Jun 2016 | |
| Series A | $3.3M | Jan 2016 | |
| Seed | — | — | |
| Seed | $4M | — | |
| Pre-Seed | — | — | |
| Seed | — | — | |
| Seed | $1.5M | — | |
| Lloc.tax | Seed | — | — |
Top Co-Investors
Mustard Seed Maze6 shared
Octopus Ventures4 shared
Norrsken VC3 shared
VNV Global3 shared
Colle Capital3 shared
Clay Capital3 shared
Circularity Capital2 shared
Barclays2 shared
Index Ventures2 shared
Seedcamp2 shared
Plug and Play Tech Center1 shared
Intel Capital1 shared
Force Over Mass Capital1 shared
Partech Africa1 shared
Nesta1 shared
Hoxton Ventures1 shared
D-Ax1 shared
AXA IM Alts1 shared
Contrarian Ventures1 shared
Fair By Design1 shared
Last updated: 7 October 2026