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Empirical Ventures

Bristol, United Kingdom · Invests in UK · Website

Pre-SeedSeedAI & Machine LearningHealthcare & BiotechClimate & EnergyRoboticsHardware & DevicesFrontier TechBiotech & Life SciencesHealthcare & Digital HealthSemiconductors & HardwareRobotics & AutomationClimate & Clean Energy

Thesis

Backing 'Venture Scientists' — PhD-trained technical founders applying rigorous scientific methodology to build transformative companies from fundamental research. Focus on deep tech and life sciences areas that address climate change, resource scarcity, and healthcare accessibility. Targets university spinouts and science-led startups in areas that are difficult to diligence for generalist investors.

Likely not a fit for

No consumer software, traditional SaaS, or businesses without fundamental scientific differentiation. Avoids companies without deep tech or life science moats. UK SEIS/EIS eligibility required so non-UK companies are excluded.

How they invest

Lead or follow
Usually leads
Typical decision
~2 months
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

4 contacts on file

JM

Johnathan Matlock

General PartnerCo-Founder & General Partner · Primary contact

+ Pitch
BM

Ben Miles

General PartnerCo-Founder & General Partner

+ Pitch
AF

Alexander Fink

Venture PartnerVenture Partner

+ Pitch
KL

Keith Lipman

Venture PartnerVenture Partner

+ Pitch

Portfolio

MitoRx TherapeuticsBiotech Life Sciences

MitoRx Therapeutics is a preclinical stage biotechnology company developing first-in-class mitochondrial-targeted small molecule therapeutics aimed at addressing obesity and other cardiometabolic diseases. Their innovative platform focuses on modulating mitochondrial metabolism to achieve weight loss while preserving lean mass.

Argonaute RNABiotech Life Sciences

Argonaute RNA develops SiRNA drugs for cardiometabolic diseases, leveraging a team with extensive experience from leading pharmaceutical companies.

Halo TherapeuticsBiotech Life Sciences

We leverage leading-edge technologies to create highly targeted small molecule treatments.

HealomeBiotech Life Sciences

Healome Therapeutics is a clinical stage company developing treatments for eye conditions, particularly ocular surface diseases and injuries. They utilize a proprietary eye drop technology aimed at improving drug retention, lubrication, and protection at the ocular surface.

BaseImmuneBiotech Life Sciences

Baseimmune is pioneering the next generation of active immunotherapies by combining cutting-edge computational design with advanced protein engineering. Our platform creates bespoke antigens that address the complexity of chronic diseases, unlocking new possibilities where traditional approaches fall short.

AnaphiteClimate Clean Energy

Anaphite is focused on revolutionizing battery production through its Dry Coating Precursor (DCP®) technology, which aims to reduce costs and carbon emissions in the manufacturing of EV batteries.

WASEClimate Clean Energy

WASE specializes in next-generation waste-to-energy technology, focusing on maximizing biogas production through innovative anaerobic digestion solutions. Their modular systems are designed to treat waste efficiently while reducing costs and environmental impact.

QV BioelectronicsBiotech Life Sciences

QV Bioelectronics develops implantable devices to enhance brain tumor treatment, focusing on glioblastoma, by delivering targeted electric fields to disrupt cancer cell division.

NeuronosticsHealthcare Digital

Neuronostics is a UK-based medical technology company specializing in digital biomarkers for neurological conditions, notably epilepsy. The company aims to revolutionize diagnosis and treatment of neurological conditions through its patented technology.

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OSSTEC
Silveray

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Research briefRead more
Empirical Ventures Research Investment Thesis Empirical Ventures is a Bristol-based specialist deep tech and life sciences venture capital firm founded in 2024 by Dr Johnathan Matlock (PhD, Organic Chemistry) and Dr Ben Miles (PhD, Physics). The firm backs 'Venture Scientists' — technical founders who apply rigorous scientific methodology to company building. Their core thesis is that the greatest

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