Venture capital firm
Lightrock portfolio
lightrock.comLightrock is a venture capital firm based in London, United Kingdom, founded in 2021. It has invested in 62 venture-backed companies across 76 funding rounds on VCMC, and led 31 of those rounds. 4 of them were in the last 12 months.
62
Venture-backed companies
in its portfolio on VCMC
76
Funding rounds
led 31
4
Last 12 months
rounds, Oct 2025 to Sep 2026
25
With a disclosed valuation
of 62 companies
$70.2B
Combined value of its private companies
the whole companies, not what Lightrock owns
61 private companies Lightrock has backed have a VCMC valuation; together they are worth $70.2B. That is the value of the whole companies, not what Lightrock owns. Group14 is 9% of the total. 1 company it backed has since been acquired and is not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Lightrock's most valuable portfolio companies
The 10 most valuable private companies Lightrock has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Group14 Batteries, Woodinville $6.1B range $3.3B – $9.7B Joined at Series D, 2025
- 2 Tech Companies, Mumbai $4.7B range $492M – $7.1B Joined at Series E, 2021
- 3 Mainspring Energy Electric Supplies & Power Generation, Menlo Park $4.3B range $1.7B – $6.1B Led at Series E, 2022
- 4 wefox Insurance - Agents, Carriers & Brokers, Zurich $4.0B range $3.2B – $5.2B Joined at Series C, 2021
- 5 Dataiku Tech Companies, New York $4.0B range $510M – $5.4B Joined at Series E, 2021
- 6 Sunfire Industrial Machinery & Supplies, Dresden $3.7B range $750M – $5.2B Led at Series D, 2021
- 7 Creditas Loans & Financing, Pereiras $3.6B range $2.9B – $4.2B Joined at Series E, 2020
- 8 CMR Surgical Medical Supply Manufacturers, Cambridge $3.5B range $2.5B – $5.5B Joined at Series D, 2021
- 9 Educational Consultants, Berlin $3.1B range $1.5B – $4.6B Led at Growth, 2025
- 10 Neo4j Tech Companies, San Mateo $2.3B range $1.3B – $2.6B Joined at Series F, 2021
Portfolio
Full Lightrock portfolio (62 companies)
62 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | CMR Surgical Medical Supply Manufacturers · since Series D, 2021 | Growth Equity Oct 2026 $400M | $3.5B | $2.5B – $5.5B | $3.9B (+10%) | $379M | 0% | 666 | flat | B | |
| 2 | wefox Insurance - Agents, Carriers & Brokers · since Series C, 2021 | Growth Equity Jul 2025 $178M | $4.0B | $3.2B – $5.2B | $2.6B (-35%) | $461M | 97% | 298 | down | A | |
| 3 | Group14 Batteries · since Series D, 2025 | Series D Aug 2025 $463M | $6.1B | $3.3B – $9.7B | $5.1B (-16%) | $806M | 57% | 239 | down | B | |
| 4 | Creditas Loans & Financing · since Series E, 2020 | Series G Dec 2025 $108M | $3.6B | $2.9B – $4.2B | $3.1B (-13%) | $564M | 58% | 2,082 | down | A | |
| 5 | PharmEasy Drug Stores & Pharmacies · since Series E, 2021 | Debt Sep 2025 $193M | $810M | $259M – $932M | $791M (-2%) | $82.6M | 0% | 3,978 | flat | C | |
| 6 | Sun King Solar Energy Company · led at Growth, 2025 | Growth Equity Dec 2025 $40M | $420M | $254M – $647M | $425M (+1%) | $44.0M | 0% | 887 | unknown | B | |
| 7 | Dataiku Tech Companies · since Series E, 2021 | Series F Dec 2022 $200M | $4.0B | $510M – $5.4B | $3.8B (-6%) | $545M | 0% | 1,599 | flat | D | |
| 8 | Mainspring Energy Electric Supplies & Power Generation · led at Series E, 2022 | Series F Apr 2025 $258M | $4.3B | $1.7B – $6.1B | $4.3B (0%) | $471M | 0% | 526 | flat | C | |
| 9 | Konfío Loans & Financing · since Series E, 2021 | Series E Sep 2021 $235M | $1.2B | $94.4M – $1.8B | $1.2B (-6%) | $239M | 0% | 1,123 | flat | D | |
| 10 | Sunfire Industrial Machinery & Supplies · led at Series D, 2021 | Series E Mar 2024 $233M | $3.7B | $750M – $5.2B | $2.6B (-30%) | $443M | 1% | 506 | flat | C | |
| 11 | Neo4j Tech Companies · since Series F, 2021 | Growth Equity Nov 2024 $50M | $2.3B | $1.3B – $2.6B | $2.3B (0%) | $205M | 0% | 1,069 | up | B | |
| 12 | Infarm Fruit & Vegetable - Markets & Stores · since Series D, 2021 | Series D Dec 2021 $200M | $299M | $61.9M – $986M | $289M (-3%) | $102M | 59% | 147 | flat | D | |
| 13 | Satispay Payment Processing & Point of Sale · since Series D, 2022 | Series D Sep 2022 $307M | $990M | $116M – $1.6B | $913M (-8%) | $183M | 0% | 899 | flat | D | |
| 14 | Timber & Wood Products · led at Growth, 2021 | Growth Equity Oct 2021 $35M | $182M | $21.7M – $530M | $182M (0%) | $38.5M | 36% | 107 | flat | D | |
| 15 | Loans & Financing · led at Series C, 2022 | Other Mar 2026 $2.0M | $176M | $20.9M – $267M | $167M (-5%) | $24.1M | 0% | 991 | up | D | |
| 16 | Aerospace and Defence · led at Growth, 2026 | Growth Equity Sep 2026 $350M | $2.0B | $1.7B – $2.5B | $2.2B (+9%) | $216M | 0% | 302 | growing | A | |
| 17 | Tech Companies · led at Series F, 2025 | Series F Feb 2025 $75M | $1.0B | $582M – $1.4B | $879M (-15%) | $140M | 49% | 351 | flat | B | |
| 18 | Tech Companies · since Series E, 2021 | Debt Nov 2022 | $4.7B | $492M – $7.1B | $4.6B (-2%) | $626M | 0% | 503 | up | D | |
| 19 | Trucking and Logistics · since Series E, 2021 | Series F May 2025 $200M | $1.6B | $998M – $1.9B | $1.6B (0%) | $205M | 0% | 4,415 | up | B | |
| 20 | Educational Consultants · led at Growth, 2025 | Growth Equity Mar 2025 $260M | $3.1B | $1.5B – $4.6B | $3.1B (0%) | $300M | 0% | 1,137 | up | B | |
| 21 | Food delivery · since Growth, 2022 | Growth Equity Jan 2022 $240M | $7.75M | $0 – $7.75M | $7.75M (0%) | – | 100% | 2,395 | flat | dead | |
| 22 | Automobile Dealers & Manufacturers · led at Series E, 2026 | Debt Mar 2026 $27M | $605M | $344M – $1.0B | $681M (+13%) | $86.2M | 0% | 1,521 | growing | B | |
| 23 | Tech Companies · led at Series D, 2021 | Series E Dec 2022 $60M | $837M | $111M – $1.0B | $757M (-10%) | $120M | 4% | 1,428 | flat | D | |
| 24 | Insurance - Agents, Carriers & Brokers · since Series C, 2022 | Series C Feb 2022 $125M | $392M | $84.2M – $1.4B | $370M (-6%) | $156M | 59% | 288 | flat | D | |
| 25 | Tech Companies · since Series D, 2021 | Series D Dec 2021 $200M | $870M | $58.1M – $1.9B | $870M (0%) | $204M | 0% | 8 | unknown | D | |
| 26 | Loans & Financing · since Series B, 2022 | Debt Nov 2025 $46M | $770M | $127M – $1.6B | $700M (-9%) | $247M | 41% | 47 | down | D | |
| 27 | Health Care Services · led at Series C, 2022 | Other Aug 2023 $18M | $1.2B | $150M – $1.7B | $1.1B (-5%) | $165M | 0% | 1,939 | up | D | |
| 28 | Loans & Financing · since Growth, 2022 | Debt Jun 2024 $51M | $444M | $80.6M – $722M | $427M (-4%) | $47.4M | 0% | 3,408 | up | D | |
| 29 | Warehousing & Storage · since Series B, 2020 | Series D Jan 2026 $81M | $973M | $557M – $1.5B | $1.0B (+6%) | $130M | 0% | 1,248 | up | B | |
| 30 | Loans & Financing · since Series D, 2022 | Debt Jan 2023 $10M | $520M | $51.2M – $792M | $475M (-9%) | $71.1M | 0% | 1,077 | flat | D | |
| 31 | Groceries · since Series C, 2020 | Series D Jan 2022 $117M | $453M | $77.6M – $1.8B | $430M (-5%) | $174M | 59% | 934 | flat | D | |
| 32 | Payment Processing & Point of Sale · led at Growth, 2022 | Growth Equity May 2022 $100M | $969M | $142M – $1.4B | $960M (-1%) | $114M | 3% | 636 | up | D | |
| 33 | Wind Energy Equipment & Services · led at Growth, 2023 | Growth Equity Jun 2025 $62M | $739M | $375M – $1.0B | $739M (0%) | $66.5M | 0% | 439 | flat | B | |
| 34 | Buses, Shuttles & Local Transit · led at Series C, 2021 | Series C Jun 2021 $138M | $1.2B | $94.9M – $2.3B | $1.1B (-5%) | $252M | 14% | 309 | flat | D | |
| 35 | Tech Companies · led at Series B, 2022 | Series C Sep 2024 $80M | $962M | $410M – $1.4B | $824M (-14%) | $115M | 0% | 400 | up | C | |
| 36 | Learning, Tutoring & Courses · since Series C, 2020 | Growth Equity Jun 2022 $57M | $407M | $46.1M – $468M | $407M (0%) | $46.3M | 0% | 362 | flat | D | |
| 37 | Banks & ATMs · since Series C, 2024 | Series C Oct 2024 $110M | $1.5B | $1.1B – $1.7B | $1.5B (0%) | $201M | 0% | 5,764 | growing | A | |
| 38 | Payment Processing & Point of Sale · since Growth, 2022 | Growth Equity Jun 2022 $110M | $545M | $147M – $1.5B | $487M (-11%) | $163M | 59% | 993 | down | D | |
| 39 | Loans & Financing · since Series F, 2024 | Series F Jun 2024 $76M | $1.2B | $442M – $1.8B | $1.2B (-2%) | $150M | 0% | 1,129 | up | C | |
| 40 | Tech Companies · led at Series C, 2024 | Acquisition Jul 2026 $350M | $556M acquired 2026 | $173M – $933M | – | – | 31% | 391 | flat | C | |
| 41 | Medical Supply Manufacturers · led at Series C, 2025 | Series C Jul 2025 $55M | $628M | $308M – $956M | $628M (0%) | $75.3M | 0% | 86 | up | B | |
| 42 | Health Care Services · since Series C, 2019 | Series C Sep 2019 $98M | $971M | $69.9M – $1.5B | $963M (-1%) | $127M | 0% | 3,288 | up | D | |
| 43 | Solar Energy Company · since Series B, 2024 | Series C Jun 2026 $53M | $423M | $272M – $711M | $501M (+18%) | $63.4M | 0% | – | growing | B | |
| 44 | Loans & Financing · led at Growth, 2021 | Other Aug 2024 $20M | $192M | $13.6M – $292M | $175M (-9%) | $27.1M | 0% | 488 | flat | D | |
| 45 | Renewable energy companies · led at Growth, 2023 | Growth Equity Aug 2023 $90M | $674M | $108M – $1.3B | $629M (-7%) | $99.0M | 0% | 531 | flat | D | |
| 46 | Tech Companies · led at Series B, 2025 | Series B Jul 2025 $70M | $688M | $318M – $976M | $688M (0%) | $82.5M | 0% | 149 | up | B | |
| 47 | Loans & Financing · led at Series B, 2022 | Series C Oct 2024 $53M | $453M | $196M – $642M | $305M (-33%) | $60.7M | 0% | 78 | up | B | |
| 48 | Loans & Financing · since Growth, 2022 | Debt Sep 2024 $25M | $697M | $57.8M – $1.1B | $697M (0%) | $79.3M | 0% | 411 | flat | D | |
| 49 | Online Marketplace · since Series C, 2022 | Series C Jan 2022 $50M | $201M | $30.0M – $689M | $190M (-6%) | $71.1M | 50% | 788 | flat | D | |
| 50 | Tech Companies · led at Series C, 2022 | Series C Sep 2022 $48M | $338M | $31.4M – $598M | $317M (-6%) | $61.0M | 0% | 455 | flat | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Lightrock invests: stages, industries and countries
Most of its rounds are Series C and later (82%). Its companies span 30 industries, most in Tech Companies, Loans & Financing and Payment Processing & Point of Sale, across 17 countries.
Rounds by stage
- Seed 2
- Series B 12
- Series C and later 62
Investments by industry
- Tech Companies 13
- Loans & Financing 11
- Payment Processing & Point of Sale 4
- Insurance - Agents, Carriers & Brokers 3
- Solar Energy Company 3
- Health Care Services 2
- Medical Supply Manufacturers 2
- Renewable energy companies 2
Investments by country
- India 23
- Brazil 8
- United States 8
- Germany 4
- United Kingdom 4
- Nigeria 3
Recent rounds
Lightrock's latest investments
Lightrock's most recent funding rounds, newest first. 4 rounds in the last 12 months.
- Growth, led $350M 14 Sep 2026
- Series B, led $15M 27 May 2026
- Series E, led $47M 24 Mar 2026
- Sun King Growth, led $40M 12 Dec 2025
- Group14 Series D $463M 20 Aug 2025
- Series C, led $55M 31 Jul 2025
- Series B, led $70M 22 Jul 2025
- Growth $62M 3 Jun 2025
- Mainspring Energy Series F $258M 14 Apr 2025
- CMR Surgical Growth $200M 2 Apr 2025
Co-investors
Lightrock's top co-investors
The investors that most often join the same rounds as Lightrock. Temasek leads, with 5 rounds together.
- Temasek 5 rounds together
- Eurazeo 5 rounds together
- QED Investors 5 rounds together
- 4 rounds together
- Kaszek 4 rounds together
- CapitalG 4 rounds together
- Insight Partners 4 rounds together
- SoftBank Vision Fund 4 rounds together
- 4 rounds together
- Sequoia Capital 3 rounds together
About
About Lightrock
Lightrock LLP is a British investment company that operates as a sustainable investment platform, managing assets across private and public markets. The company specializes in impact investing, with a focus on sectors such as energy transition, sustainable food and agriculture, sustainable transportation, and circular economy transition. Lightrock also invests in technology-driven solutions and provides growth-stage investments in areas including education, healthcare, and mobility. The company is certified as a B Corp and serves clients in Europe, North America, Latin America, Asia, and Africa.
Description from Veridion's company data.
- Founded
- 2021
- Based in
- London, United Kingdom
- Team
- 149 people, +6% in a year
- Type
- Venture capital firm
Focus markets
- Energy
- Agriculture
- Transportation
- Sustainable Development
- Education
- Healthcare
- Mobility
What Lightrock offers
- Sustainable Investment Management
- Impact Investment Management
- Private Equity Investment Management
- Public Equity Investment Management
- Growth-Stage Investment Management
- Sustainable Sector Investment Management
- Energy Transition Investment Management
- Sustainable Food and Agriculture Investment Management
Questions
Lightrock: frequently asked questions
How many companies has Lightrock invested in?
62 venture-backed companies on VCMC, across 76 funding rounds.
What are Lightrock's most valuable private companies?
Group14 ($6.1B), API Holdings ($4.7B), Mainspring Energy ($4.3B), by VCMC's valuation.
What was Lightrock's latest investment?
Open Cosmos, a Growth round in Sep 2026 of $350M, which Lightrock led.
Which stages does Lightrock invest in?
Lightrock invests most often at Series C and later (62 rounds), followed by Series B (12) and seed (2).
What is Lightrock's portfolio worth?
Its private companies with a VCMC valuation are worth $70.2B together. That is the sum of the companies' values, not what Lightrock owns.
Who does Lightrock invest alongside?
Temasek (5 rounds), Eurazeo (5 rounds), QED Investors (5 rounds).