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    NatWest

    Edinburgh, United KingdomFounded 1968

    NatWest Group is a British retail and commercial banking group headquartered in Edinburgh, United Kingdom. It provides personal, business, private, and corporate banking services, and includes a venture banking division supporting high-growth, equity-backed companies.

    Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $40.9M (across 4 rounds with reported amounts).

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    Portfolio

    17

    Fund Size

    —

    Top Stage

    Unknown

    Last 12 Mo

    1

    Team

    Peter Norton

    Peter Norton

    Group Director, Strategy, Economics and Corporate Development

    Abib Bocresion

    Abib Bocresion

    Group Chief Risk Officer

    Emma Crystal

    Emma Crystal

    CEO, Private Banking & Wealth Management

    James Holian

    James Holian

    Chief Customer & Operations Officer

    Katie Murray

    Katie Murray

    Group Chief Financial Officer

    Margaret Jobling

    Margaret Jobling

    Group Chief Marketing Officer

    Maria Kokkinou

    Maria Kokkinou

    Group Chief People Officer

    Nick Curle

    Nick Curle

    Group Chief Audit Executive

    Paul Thwaite

    Paul Thwaite

    Group Chief Executive Officer

    Rachel Hopcroft CBE

    Rachel Hopcroft CBE

    Group Chief Corporate Affairs Officer

    Robert Begbie

    Robert Begbie

    CEO, Commercial & Institutional

    Scott Marcar

    Scott Marcar

    Group Chief Information Officer

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    21 investments
    CompanyRoundAmountDate
    Raylo logoRayloSeries B—Jan 2026
    Believ logoBelievBridge—Jun 2025
    Matrix Renewables logoMatrix RenewablesUnknown—Feb 2025
    Serene logoSerenePre-Seed—Jan 2025
    Believ logoBelievUnknown—Jan 2025
    Quickline Communications logoQuickline CommunicationsUnknown—Jan 2024
    MMetproUnknown—Jan 2024
    Carbonplace logoCarbonplaceSeed—Feb 2023
    Raylo logoRayloGrowth$136MJan 2023
    VVarcoSeed$500KJan 2023
    Updraft logoUpdraftDebt—Jan 2023
    Updraft logoUpdraftSeries A—Dec 2022
    Updraft logoUpdraftSeries A—Jan 2022
    EEnviromenaUnknown$15MJan 2010
    BBournSeed——
    EXA Infrastructure logoEXA InfrastructureUnknown——
    Bruntwood SciTech logoBruntwood SciTechGrowth——
    VVodenoUnknown——
    Instavolt logoInstavoltGrowth——
    VVoxSmartGrowth$12M—
    KKhotan (formerly Pollinate)Series C——

    Top Co-Investors

    Last updated: 20 October 2026