BNVT Capital is a London-based global venture capital firm founded in 2023 by investors previously at the Gates Foundation, Hedosophia, and Goldman Sachs. It invests in AI-first and technology-driven companies solving major global challenges, guided by a 'Benevolent Disruption' thesis.
Founded —
Type Venture capital 1 Fund I 2025-09-17 2025-09-17 $150M Debutfundraised/closedannouncement; managerclaims2023vintage.2023USD100m likelysamefundraisingprogression notseparatefund/AUM.
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$20M $250K – $60M Boston, Massachusetts — — – — — — – — — — – — — — – — — — – —
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$310M 2026-06-17 Odyssey Andreessen Horowitz , BNVT Capital $22M 2026-01-21 Cloover MMC Ventures , BNVT Capital , Bosch Ventures $4M 2025-10-20 Golpo BNVT Capital , Y Combinator , Emergence Capital , Afore Capital €7M 2025-06-30 BONX BNVT Capital $40M 2025-03-04 Swap ICONIQ Capital , BNVT Capital , Portfolio Ventures , Dinika Mahtani , Seth Pierrepont $— 2025 Hala BNVT Capital $— 2024-04-30 Swap BNVT Capital , Cherry Ventures $— 2024-03-05 BRKZ BNVT Capital $— 2023-10-18 Cloover BNVT Capital $— Unknown date Kolet BNVT Capital $— Unknown date Cloover BNVT Capital $3M 2026-07-01 Dawnguard BNVT Capital $— 2025-07-31 Dawnguard BNVT Capital
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team@apexlogos.ai · 13 hours ago
Investment-fund research reviewed 2026-10-06. Publicly identified funds, dates, amounts and fundraising status are below. Undisclosed commitments remain unknown; this is not a complete register of private SPVs or parallel entities.
Fund size, vintage and status
| Vehicle / evidence | Size and date | Status / interpretation |
| --- | --- | --- |
| 9900 Capital initial fundraising report | **US$100m**, reported **12 September 2023** | Bloomberg reported money raised using unnamed people familiar with the fund. Treat as historical fundraising evidence, not an independently established separate Climate Fund. [Bloomberg News report](https://news.bloomberglaw.com/esg/vc-upstart-raises-100-million-to-target-problems-like-climate ). |
| BNVT debut Fund I | **US$150m**, announced **17 September 2025** | The firm release calls it a debut fund launch; Sifted's same-day headline explicitly describes a close. This is achieved fundraising, not merely a target. [BNVT release](https://www.globenewswire.com/news-release/2025/09/17/3151909/0/en/bnvt-capital-launches-with-150m-fund-and-new-data-showing-the-financial-potential-of-tackling-humanity-s-biggest-problems.html ), [Sifted](https://sifted.eu/articles/bnvt-hedosophia-gates ). |
A managing-partner post calls this **Fund I**, a **2023 vintage**, and reports its close at $150m. Vintage is a manager claim; no audited fund documents were inspected. The 2023 $100m and 2025 $150m likely describe the progression of the same debut fundraising, given the debut/Fund I wording; this remains an interpretation rather than a verified legal-vehicle mapping. **Do not sum them to $250m AUM.** [Chris Corbishley post, exact publication date not exposed, accessed 2026-10-06](https://www.linkedin.com/posts/chriscorbishley_we-started-bnvt-capital-based-on-a-unique-activity-7374079507869372416-c1Fw ).
Searches for newer funds/Fund II found no verified successor announcement. $150m is **latest-known**, not a guarantee no later fundraising occurred. No reliable total AUM, dry powder, firm ticket range or investment budget was verified. [Capital Atlas](https://capitalatlas.ai/funds/564742 ) advertises $4.2bn AUM and estimated checks, but these unsupported aggregator estimates conflict with the scale of substantiated fundraising and should not populate Adex. Accessed 2026-10-06.
Funds recorded in Adex after this review:
| Fund | Disclosed amount | Announcement / filing date |
| --- | --- | --- |
| Fund I | USD 150000000 | 2025-09-17 | SHOW MORE
team@apexlogos.ai · 14 hours ago
Match research 2026-10-06 / GoldiBNVTCapital / sha256:9cfe948491c53bd2f1f065c8a55debc6c0f673f056253ca8807a41aab4559759 / part 2 of 2
Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats.
| **BONX** | AI ERP software for manufacturing. Industrial customers alone do not establish robotics, advanced manufacturing hardware or deep-tech status. | **€7.3m seed, 30 June 2025**, led by **9900 Capital**, with Kima, Purple, OSS Ventures and Dynamo. [EU-Startups](https://www.eu-startups.com/2025/06/bonx-raises-e7-3-million-to-champion-european-manufacturing-with-market-leading-ai-erp/ ). |
**Cursive** appeared with Odyssey in a BNVT-hosted AI event. Event participation is not investment evidence; no Cursive investment is asserted. [Simon Levy event post, undated, accessed 2026-10-06](https://www.linkedin.com/posts/simon-levy-66952719b_on-the-25th-of-june-we-will-host-our-first-activity-7464962914605527040-Wcm4 ).
## Neurotech investments
**No verified neurotech investment found in the sources checked.** Checked the snapshot, Signal, BNVT official press/careers/site and searches combining BNVT/9900 with neurotech, brain, neuroscience and investment. Odyssey's neural networks and possible healthcare applications are general AI, not neural sensing, brain-computer interfaces, neuromodulation or a documented neurotechnology product. The other verified companies concern cyber, video software, renewable-energy finance and manufacturing ERP. This conclusion is a bounded evidence gap, not a claim that BNVT has never invested in neurotech.
## Conflicts, missing information and later Adex review
1. Preserve the exact ID. Record **9900 Capital** as an alias, supported by Companies House. Distinguish 2022 legal incorporation, 2023 firm launch/vintage and 2025 rebrand/fund-close announcement.
2. Add the latest-known **US$150m Fund I** evidence with September 2025 close/announcement and qualified 2023 vintage; do not create a second $100m fund or infer AUM without vehicle documents.
3. **Golpo lead flag conflicts:** snapshot says `isLead: false`; the investee's release explicitly says BNVT led. The release says $4.1m; [founder personal site, undated, accessed 2026-10-06](https://www.shramankar.com/home ) says $4.3m seed in October 2025. Retain this amount discrepancy and prefer dated transaction evidence pending explanation.
4. Snapshot participation `amount` values matching entire rounds (Cloover $22m, Swap $40m/$9m, Hala $157m, BRKZ $8m) should not be interpreted as individual BNVT checks. The 2026 Cloover release specifically proves the $22m is the whole equity round.
5. Odyssey and Dawnguard's July 2026 follow-on are absent from the saved snapshot. Review adding them with manager-versus-investee attribution distinctions. Odyssey's $310m is also the whole round.
6. The official press page links many software/fintech transactions, including Swap, Kolet, Brandback and Rabot Energy. Not all rounds/attributions were independently rechecked here because they do not establish direct deep-tech/neurotech exposure. Hala, BRKZ and historical Kolet/Swap snapshot amounts remain baseline claims for transaction-by-transaction review. [BNVT press, undated, accessed 2026-10-06](https://bnvtcapital.com/press ).
7. Team roles and current tenure are not comprehensively verified. BONX reporting spells the principal's surname **Sylvain**, while Adex has **Silvain**; resolve identity spelling against current primary records before changing a person record. Do not transfer prior Gates Foundation/Hedosophia investments into BNVT's portfolio.
8. Signal Boston location is inconsistent with primary-source offices. BNVT homepage extraction exposed mostly footer content; `/portfolio` failed. Sifted exposed the dated headline but obscured its subscriber body. Manager social posts were publicly readable but expose relative ages rather than stable dates. These access limitations constrain completeness.
All web sources were accessed **2026-10-06**. Publication dates are supplied above where exposed; undated sources are identified explicitly. This file is research for later review only. SHOW MORE
team@apexlogos.ai · 14 hours ago
Match research 2026-10-06 / GoldiBNVTCapital / sha256:9cfe948491c53bd2f1f065c8a55debc6c0f673f056253ca8807a41aab4559759 / part 1 of 2
Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats.
# BNVT Capital — GoldiBNVTCapital
- Exact Adex ID: `GoldiBNVTCapital`
- Canonical Adex page: https://adex.page/firms/GoldiBNVTCapital
- Research date: 2026-10-06
- Status: complete research review; uncertainties explicitly retained. No Adex/database changes made.
## Identity and assessment
BNVT Capital, formerly **9900 Capital**, is a London-based global venture firm associated with Chris Corbishley, Rory Mounsey-Heysham and Nasir Alsharif. Its AI-first and technology-driven mandate addresses large societal problems. The latest verified fund announcement found is its **US$150 million debut Fund I, closed/announced September 2025**. Its early-stage strategy includes late seed/Series A sourcing, while verified transactions extend from pre-seed through Series B. **Odyssey**, a frontier world-model laboratory, is a substantiated deep-tech investment with a firm-level attribution caveat described below. No verified neurotech investment found in the sources checked.
The legal entity BNVT CAPITAL LTD (company 14177863) was incorporated **16 June 2022**, used **WIMPOLE CRESCENT LIMITED** until 25 March 2023, then **9900 CAPITAL LTD** until 17 September 2025. This legal incorporation date differs from the commonly reported 2023 investment-firm founding/launch; do not overwrite one with the other. [Companies House overview, undated, accessed 2026-10-06](https://find-and-update.company-information.service.gov.uk/company/14177863 ). The official site lists London, New York and Riyadh offices. Its legal footer retains both BNVT and 9900 wording. [Official homepage, undated, accessed 2026-10-06](https://bnvtcapital.com/ ).
## Starting evidence: Adex and NFX Signal
The saved exact-ID snapshot `data/research/_sources/GoldiBNVTCapital.adex.json`, retrieved 2026-10-06, describes the firm as founded in 2023, London-based, with a Benevolent Disruption thesis. It records team members Chris Corbishley, Rory Mounsey-Heysham, Hannah Walsh, Simon Levy, Kareem Khalaf and Juliette Silvain. It contains investment claims for **Cloover, Golpo, Dawnguard, BONX, Swap, Hala, BRKZ and Kolet**, with some claims originally sourced through Goldi. No fund-size or check-size values are present. These are starting claims, not independent verification.
[NFX Signal firm page](https://signal.nfx.com/firms/bnvt-capital ), directly read 2026-10-06, identifies BNVT Capital but says **Boston, Massachusetts**, and lists **OSS Ventures** as a co-investor. Its visible team section is empty; no usable fund size, stage or individual investment details were exposed. Boston conflicts with the official London/New York/Riyadh presence and should not be accepted as headquarters without further evidence. The Signal page is useful as a discovery source only.
## Fund size, vintage and status
| Vehicle / evidence | Size and date | Status / interpretation |
| --- | --- | --- |
| 9900 Capital initial fundraising report | **US$100m**, reported **12 September 2023** | Bloomberg reported money raised using unnamed people familiar with the fund. Treat as historical fundraising evidence, not an independently established separate Climate Fund. [Bloomberg News report](https://news.bloomberglaw.com/esg/vc-upstart-raises-100-million-to-target-problems-like-climate ). |
| BNVT debut Fund I | **US$150m**, announced **17 September 2025** | The firm release calls it a debut fund launch; Sifted's same-day headline explicitly describes a close. This is achieved fundraising, not merely a target. [BNVT release](https://www.globenewswire.com/news-release/2025/09/17/3151909/0/en/bnvt-capital-launches-with-150m-fund-and-new-data-showing-the-financial-potential-of-tackling-humanity-s-biggest-problems.html ), [Sifted](https://sifted.eu/articles/bnvt-hedosophia-gates ). |
A managing-partner post calls this **Fund I**, a **2023 vintage**, and reports its close at $150m. Vintage is a manager claim; no audited fund documents were inspected. The 2023 $100m and 2025 $150m likely describe the progression of the same debut fundraising, given the debut/Fund I wording; this remains an interpretation rather than a verified legal-vehicle mapping. **Do not sum them to $250m AUM.** [Chris Corbishley post, exact publication date not exposed, accessed 2026-10-06](https://www.linkedin.com/posts/chriscorbishley_we-started-bnvt-capital-based-on-a-unique-activity-7374079507869372416-c1Fw ).
Searches for newer funds/Fund II found no verified successor announcement. $150m is **latest-known**, not a guarantee no later fundraising occurred. No reliable total AUM, dry powder, firm ticket range or investment budget was verified. [Capital Atlas](https://capitalatlas.ai/funds/564742 ) advertises $4.2bn AUM and estimated checks, but these unsupported aggregator estimates conflict with the scale of substantiated fundraising and should not populate Adex. Accessed 2026-10-06.
## Investment stages and strategy
The official careers page describes sourcing **late seed / Series A** companies and developing theses across **EU SaaS, fintech and climate**; this is a current operational signal rather than a complete global mandate. [BNVT careers, undated; programme starts April 2026; accessed 2026-10-06](https://bnvtcapital.com/careers ). The September 2025 release supports an AI-first, technology-driven global strategy. Historical direct firm transactions below substantiate **pre-seed, seed, Series A and Series B**. Historical stage breadth should not become an assertion that the firm targets every stage equally.
## Named deep-tech investments and classification boundaries
| Company | Technology and classification | Firm attribution, round and date |
| --- | --- | --- |
| **Odyssey** | Strong deep-tech example: develops general-purpose foundation world models that simulate physical dynamics and support robotics/other embodied systems. This involves frontier AI research rather than an ordinary SaaS label. [Official company homepage, accessed 2026-10-06](https://odyssey.systems/ ). | **US$310m Series B, 17 June 2026**, led by **Natural Capital**. [Odyssey's own dated announcement](https://odyssey.systems/our-series-b ) establishes round and technology but names major investors and “others,” without explicitly naming BNVT. **BNVT's own public post explicitly says the firm invested** and credits Simon Levy with leading the investment internally. Therefore firm attribution is supported by a direct manager claim; it is not independently investor-list confirmed in the investee announcement. Do not record BNVT as lead of the entire round. [Firm post, exact publication date not exposed, accessed 2026-10-06](https://www.linkedin.com/posts/bnvt-capital_benevolentdisruptor-activity-7473045217965903872-c-in ). |
| **Dawnguard** | AI-based cloud-security architecture automation: a technically differentiated cybersecurity candidate, but public materials do not establish a foundational research moat sufficient to classify it confidently as deep tech. | **US$3.3m additional pre-seed, 1 July 2026**, explicitly names existing investor BNVT with new investors Curiosity VC and eCAPITAL. Total company funding exceeds $6.3m. [Official investee announcement](https://dawnguard.ai/news/dawnguard-launches-platform-to-build-secure-cloud-systems-from-day-zero-with-fresh-funding-and-us-office ). Historical **€2.6m / US$3m pre-seed, 31 July 2025**, led by former name 9900 Capital. [EU-Startups dated report](https://www.eu-startups.com/2025/07/the-hague-based-startup-dawnguard-raises-e2-6-million-to-rewrite-the-dna-of-cybersecurity/ ). |
| **Golpo AI** | AI explainer-video generation and frame-level editing. Verified applied AI; proprietary-model depth is insufficiently documented to count automatically as deep tech. | **US$4.1m seed, 20 October 2025**, **led by BNVT**, with Emergence, YC and Afore. [Official Golpo release](https://www.globenewswire.com/news-release/2025/10/20/3169162/0/en/Brothers-19-and-20-Stanford-dropouts-raise-4-1M-in-oversubscribed-seed-round-to-build-Golpo-AI-and-reimagine-AI-video-generation.html ). |
| **Cloover** | Renewable-energy installer operating/financing platform, described as AI infrastructure for distributed energy. Climate/energy adjacency; installer software and credit provision do not prove novel solar hardware, battery chemistry or other deep tech. | **US$22m Series A equity, 21 January 2026**, led by MMC Ventures and QED, with **BNVT participation**. Separate **US$1.2bn debt facility** is customer/installer financing capacity, not VC equity or BNVT's check. [Official Cloover release](https://www.globenewswire.com/news-release/2026/01/21/3222642/0/en/Cloover-secures-1-2-billion-financing-commitment-to-build-the-AI-operating-system-for-energy-independence.html ). | SHOW MORE
team@apexlogos.ai · 23 days ago
MATCH 
Afore Capital
Golpo$4M · 2025-10-20
Andreessen Horowitz
Odyssey$310M · 2026-06-17
Bosch Ventures
Cloover$22M · 2026-01-21
Cherry Ventures
Swap$— · 2024-04-30
Dinika Mahtani
ICONIQ Capital
MMC Ventures
Portfolio Ventures
Seth Pierrepont
Y Combinator
BONX
Hala
BRKZ
Kolet