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Initial Capital

Investor type Venture Capital
Founders Ken Lamb Kristian Segerstrale Sam Lababidi Shukri Shammas Tarek Abuzayyad Tareq Naqib


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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 100
Average round size
The average size of a deal this fund participated in
Portfolio companies 66
Rounds per year 8.33
Lead investments 10
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 13
Key employees 4
Stages of investment
Early Stage Venture

Areas of investment

  • Gaming
  • Mobile
  • Video Games
  • Apps
  • Internet

In 2010 was created Initial Capital, which is appeared as VC. The company was established in Europe in United Kingdom. The main office of represented VC is situated in the London.

When the investment is from Initial Capital the average startup value is 10-50 millions dollars. This Initial Capital works on 20 percentage points less the average amount of lead investments comparing to the other organizations. The fund is constantly included in 7-12 deals per year. Deals in the range of 1 - 5 millions dollars are the general things for fund. The high activity for fund was in 2015. Despite it in 2019 the fund had an activity. The real fund results show that this VC is 4 percentage points more often commits exit comparing to other companies. The higher amount of exits for fund were in 2016.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Initial Capital, startups are often financed by Force Over Mass Capital, Theo Osborne, LVP. The meaningful sponsors for the fund in investment in the same round are LVP, Index Ventures, Lifeline Ventures. In the next rounds fund is usually obtained by Index Ventures, DN Capital, Intel Capital.

The fund was created by Ken Lamb, Kristian Segerstrale, Sam Lababidi, Shukri Shammas, Tarek Abuzayyad, Tareq Naqib.

Among the most popular portfolio startups of the fund, we may highlight Supercell, Super Evil Mega Corp, Swrve. The fund has exact preference in some founders of portfolio startups. In case when startup counts 1 of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United Kingdom. We can highlight the next thriving fund investment areas, such as PC Games, Gaming. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Initial Capital:
Typical Co-investors
Initial Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Initial Capital:

Look at other 50 related and similar funds Collapse list
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SIDBI Agartala, India, Tripura
TipCat China, Shanghai

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


$35M19 Jul 2022 Charleston, South Carolina, United States

Yoko Robotics

Food and Beverage
Personal Health
16 Jun 2022 -

Pok Pok

$3M15 Jun 2022 -


Big Data
$10M02 Jun 2022 San Francisco, California, United States

Pnkfrg Studios

$3M16 May 2022 Berlin, Berlin, Germany

Origins Analytics

$4M12 May 2022 -

Core Loop Games

MMO Games
Video Games
$12M05 Nov 2021 Oakland, California, United States

Order of Meta

Video Games
$1M15 Oct 2021 Helsinki, Southern Finland, Finland

Digital Entertainment
Online Games
Video Streaming
$10M13 Oct 2021 San Francisco, California, United States
Sanlo Raises $3.5M in Funding

– Sanlo, a San Francisco, CA-based company that empowers gaming and app companies with financial products to run their businesses, raised $3.5m in funding.
– The round was co-led by Index Ventures and Initial Capital, with participation from LVP, Portag3 Ventures and XYZ Venture Capital, and angel investors such as Kristian Segestrale, as well as fintech, such as Gokul Rajaram and Charley Ma.
– As part of the round, Initial Capital Co-founder and Partner Ken Lamb became a board director while Index Partner Mark Goldberg and XYZ Managing Partner Ross Fubini joined as board observers.


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