The Edinburgh based ‘first-cheque’ investor, Seed Haus, is celebrating the one year anniversary of their first tranche of investments. Founded by Calum Forsyth, CEO, and Robin Knox, Chairman, the entirely private initiative was setup to provide a mechanism through which to invest in and support best-in-class early stage founders.
As part of the one-year celebration, Seed Haus has today announced the backing of two new startups: TopDog, gaming platform, and PlayerBase, an esports platform. These investments complement Seed Haus' portfolio which includes startups working across: cyber-security, robotics, IoT, communication, and logistics.
Seed Haus has pivoted to a rolling intake of founders in contrast to the cohort approach previously employed. This allows Seed Haus to deploy capital rapidly and significantly decrease the time taken to complete investments.
Cumulatively, the portfolio of ten startups, have made impressive progress over the last twelve months. Several startups have raised from both angel and institutional investors allowing them to grow and hire in key roles. Additionally, one portfolio company is already engaged in delivering an innovation lab for a Fortune 500 company.
Commenting on progress to date, CEO & founder Calum Forsyth: “It seems like just a few short months ago that Robin and I were out fundraising ahead of the first tranche of investments. Pausing and reflecting on the last year, I'm very proud of the progress we've all made and am incredibly grateful to the portfolio founders for allowing us to invest in their companies and accompany them on their respective journeys. We have some very big plans for the next year and look forward to announcing these in the near future”