BNVT Capital Launches $150M Fund to Back Startups Solving Systemic Challenges
In September 2025, BNVT Capital announced the close of its $150 million debut fund. The firm was founded in 2022 by Rory Mounsey-HeyshamDealroom has a profile for this one. Try Dealroom →, formerly with the Gates FoundationDealroom has a profile for this one. Try Dealroom →, and Chris CorbishleyDealroom has a profile for this one. Try Dealroom →, previously at HedosophiaDealroom has a profile for this one. Try Dealroom →.
The partners shaped their thesis in response to the investment boom of 2020–21, when vast sums flowed into speculative ventures such as crypto trading apps and ultra-fast delivery, overlooking more fundamental opportunities.
An analysis of data from LP VenCapDealroom has a profile for this one. Try Dealroom → supported their view. It showed that startups tackling major societal or environmental issues consistently produced stronger returns. For BNVT, this confirmed that solving systemic problems is often the most profitable path in venture capital.
The fund has already made 11 investments across the US and Europe, including Swap CommerceDealroom has a profile for this one. Try Dealroom →, a UK startup that helps retailers manage returns more efficiently and cut waste. For the partners, it illustrates how overlooked businesses can deliver both market value and environmental impact.
BNVT’s focus now includes startups broadening access to knowledge and those improving supply-chain efficiency. By contrast, the firm has little interest in crowded areas such as AI tools for sales and customer service.
The fund is backed by a mix of institutional investors and industry leaders, including executives from Shopify, Google, Octopus Energy, and Remitly.
Sources:
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Silicon Canals
Forbes
EU Startups
J.V.
