Eight Roads Ventures
Venture Capital · London, United Kingdom
Eight Roads Ventures is the global venture capital platform of Fidelity, tracing its roots to Fidelity Ventures (1969). Headquartered in London for its European and Israeli operations, it invests exclusively from Fidelity's balance sheet rather than raising external LPs — a structure that affords long holding horizons. The European arm has deployed four successive funds, growing from £100M to a $450M fourth fund (2021), within a global platform managing over $5bn across Europe, Israel, India and Asia. The London team focuses on growth-stage and scale-up investments, writing $5–50M cheques into companies past product-market fit (roughly Series A–C) in SaaS and enterprise software, fintech, healthtech, consumer technology and climate tech. Notable European portfolio companies include Spendesk (France), Hibob (Israel/UK), Funnel.io (Sweden), Tibber (Norway), Swan (France) and Amenitiz (Spain); key exits include InnoGames (€260M to MTG, 2016), Compte-Nickel (BNP Paribas, ~€200M, 2017) and Made.com's 2021 London IPO. The team is led by Managing Partner Davor Hebel with partners Lucile Cornet and Michael Treskow.
Connection map
Drag nodes to rearrange · scroll or pinch to zoom · click a node to open it