Latitude

VC Firm·London, UK·~$220M (latest Latitude fund)

Latitude is the breakout and early growth stage fund within Phoenix Court Group, the parent company formed when LocalGlobe rebranded in 2022. While LocalGlobe handles pre-seed and seed investments, Latitude picks up the baton from Series B onwards, backing companies from the LocalGlobe portfolio and beyond as they scale. The fund sits alongside sister vehicles Solar (scale-up) and Basecamp (emerging managers). Around 65% of Latitude's portfolio comes from LocalGlobe's seed fund. Notable portfolio companies include Nyobolt and Pragmatic Semiconductor.

Focus Areas

TechnologyDeep TechAIFintechSaaS

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Portfolio

1 company in our directory

Nyobolt

Energy·Series C

Nyobolt was established in 2019 to commercialise breakthrough battery research from the University of Cambridge's Department of Chemistry. Co-founded by Professor Dame Clare Grey, a Royal Society Fellow with decades of battery research expertise, and CEO Dr Sai Shivareddy, who holds a Cambridge PhD and previously collaborated with Dyson on energy storage. The company's core innovation uses niobium tungsten oxide as an anode material, enabling rapid ion mobility that multiplies charging speeds compared to conventional graphite anodes. In June 2024, Nyobolt made history as the first company to demonstrate five-minute EV charging, going from 10% to 80% in four minutes and 37 seconds. The company closed 2024 with $9M in revenue and over $150M in signed customer contracts spanning AI data centres, autonomous robotics, and electric vehicles. Nyobolt has raised $100M to date across multiple rounds.