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Sky UK

Europe, Hounslow, United Kingdom, Isleworth

Description

Sky UK, a prominent entertainment and telecommunications giant, extends its influence into the startup ecosystem through Sky Ventures, its dedicated corporate venture capital arm. Established in 2014, Sky Ventures was launched with the strategic intent to identify, invest in, and collaborate with innovative early-stage companies that align with Sky's core business objectives. These objectives span across media, entertainment, connectivity, and emerging technologies, seeking to enhance Sky's product offerings, improve customer experiences, and explore future market trends. The fund acts as a vital conduit for Sky to access disruptive technologies and business models, fostering innovation from outside its traditional corporate structure.

Sky Ventures typically targets companies in seed to Series B funding stages, often participating in rounds alongside traditional venture capital firms. Their investment thesis is centered on strategic alignment, looking for startups that can provide complementary services, new content formats, or technological advancements relevant to Sky's vast customer base across its five operational countries. The team provides not only capital but also access to Sky's extensive resources, including market insights, distribution channels, and mentorship from industry experts, aiming to accelerate the growth of their portfolio companies.

With a portfolio that has grown to include over 20 companies since its inception, Sky Ventures demonstrates a consistent commitment to fostering innovation. Their investments have spanned diverse sectors, from esports and interactive content platforms to advanced streaming technologies and AI-driven solutions. While initial investments can be as modest as $100,000 for very early-stage opportunities, Sky Ventures is capable of deploying significantly larger first cheques, often up to $5,000,000, particularly for promising Series A or B rounds where they see strong strategic fit and growth potential. This flexible approach allows them to engage with a broad spectrum of innovative startups, solidifying Sky's position at the forefront of media and technology evolution.

Investor Profile

Sky UK has backed more than 38 startups, with 0 new investments in the last 12 months alone. The firm has led 15 rounds, about 39% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Malaysia.
  • Strong thematic focus on Software, Digital Media, Digital Entertainment.
  • Typical check size: $100K – $5M.

Stage Focus

  • Series B (24%)
  • Series C (13%)
  • Series Unknown (13%)
  • Series A (11%)
  • Seed (11%)
  • Undisclosed (8%)
  • Series F (5%)
  • Series D (5%)
  • Series H (3%)
  • Series E (3%)

Country Focus

  • United States (68%)
  • United Kingdom (11%)
  • Malaysia (11%)
  • Canada (5%)
  • France (3%)
  • Israel (3%)

Industry Focus

  • Software
  • Digital Media
  • Digital Entertainment
  • Video Streaming
  • Media And Entertainment
  • Internet
  • Advertising
  • Sports
  • Virtual Reality
  • Video
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sky UK frequently co-invest with?

Chicago Ventures
North America, Illinois, United States, Chicago
Co-Investments: 3
News Corp
North America, New York, United States, New York
Co-Investments: 3
Hearst Ventures
North America, New York, United States, New York
Co-Investments: 5
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Scripps Networks
North America, Tennessee, United States, Knoxville
Co-Investments: 3
Luminari Capital
North America, California, United States, Palo Alto
Co-Investments: 4
Evolution Media
North America, California, United States, Los Angeles
Co-Investments: 4
Redpoint
North America, California, United States, Menlo Park
Co-Investments: 4
Northzone
Europe, England, United Kingdom, London
Co-Investments: 2
21st Century Fox
North America, New York, United States, New York
Co-Investments: 3

Which angels does Sky UK often collaborate with?

Patrick Grove
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
Shared Deals: 1
PM
Europe, Liverpool, United Kingdom, Liverpool
Shared Deals: 1
PG
North America, California, United States, San Francisco
Shared Deals: 2
BK
North America, California, United States, San Francisco
Shared Deals: 2
Derek Jeter
North America, New York, United States, New York
Shared Deals: 1
PM
North America, Colorado, United States, Denver
Shared Deals: 1
MJ
North America, California, United States, Los Angeles
Shared Deals: 1
David Wu
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Sky UK?

Papercup

London, England, United Kingdom

Papercup translates videos using AI by generating voices that sound like the original speaker

Artificial Intelligence (AI)Digital MediaMedia and EntertainmentMusicVideo
UndisclosedDec 10, 2020
Amount Raised: $10,642,402
Loopster

Grand Junction, Colorado, United States

Loopster is a technology company developing cloud-based video editing software solutions.

SoftwareVideoVideo Editing
Series UnknownOct 29, 2019
Amount Raised: $2,000,000
iflix

Kuala Lumpur, Kuala Lumpur, Malaysia

Iflix is an online entertainment service for emerging markets.

Digital EntertainmentInternetVideo Streaming
Corporate RoundJul 22, 2019
Amount Raised: $50,000,000
You.i TV

Ottawa, Ontario, Canada

You.i TV offers a software development kit for Streaming Video apps across mobile, tablet, game consoles, streaming devices, and Smart TVs.

Enterprise SoftwareMedia and EntertainmentNewsSoftwareTV
Series CMay 9, 2019
SDVI

Sunnyvale, California, United States

SDVI provides SaaS-based infrastructure management solutions that optimize the media supply chain.

Information TechnologyInternetSaaS
Series UnknownSep 11, 2018
Amount Raised: $2,000,000
Remagine Ventures

Tel Aviv, Tel Aviv, Israel

Remagine Ventures is an early stage venture capital investing at the intersection of tech, entertainment, data and commerce.

Financial ServicesMetaverse
Series UnknownSep 2, 2018
Amount Raised: $4,000,000
fuboTV

New York, New York, United States

fuboTV is the sports-focused live TV streaming service with top leagues and teams, plus popular shows, movies and news for the whole family.

Digital EntertainmentSportsSubscription Service
Series DApr 18, 2018
Amount Raised: $75,000,000
Caavo

San Francisco, California, United States

Caavo is an entertainment obsessed hardware and software company

Consumer ElectronicsMedia and EntertainmentSoftwareVideo Streaming
Series BDec 19, 2017
Amount Raised: $17,500,000
Bad Wolf

Los Angeles, California, United States

Bad Wolf is a high-end TV and film for the global television market.

BroadcastingDigital EntertainmentTV
Series UnknownAug 23, 2017
Amount Raised: $2,048,490
iflix

Kuala Lumpur, Kuala Lumpur, Malaysia

Iflix is an online entertainment service for emerging markets.

Digital EntertainmentInternetVideo Streaming
Series CAug 7, 2017
Amount Raised: $133,000,000