Introducing DataLace
We combine cutting-edge data science with deep human insight
A CHANGING LANDSCAPE
The venture capital industry is undergoing seismic change. Managers now oversee more than $2 trillion in assets (Preqin, 2022), with European VC alone growing over sixfold in the past decade (Sifted, 2021). Yet many continue to rely on outdated methods — manual workflows, personal networks, and instinctive decisions. These approaches are often inefficient, opaque, and biased.
As the quality and volume of startup data rapidly improves, and the sophistication of analytical tools increases, a new frontier in venture capital is opening up — much like the quant revolution that reshaped public markets in the 1980s.
We believe the next generation of leading VCs will be those who harness these technological advances. By equipping our teams with world-class tools, we aim to source superior opportunities ahead of the curve and drive transformative value across our portfolios.
DATALACE TEAM
“DataLace allows us to combine machine intelligence with the exceptional human judgment we have at Future Planet Capital. It enriches our knowledge and experience, leading to more informed investment decisions, and allows us to take advantage of the data revolution that is reshaping the venture capital industry”
Peter Mitchell
Director at Future Planet Capital
THE EVOLUTION OF DATALACE
DataLace has evolved rapidly
From early-stage models to a powerful platform now supporting internal and external investors alike.
2016–2018 We began with a foundational scoring system to evaluate university spinouts. This initial algorithm laid the groundwork for data-led screening, which still informs much of our platform today.
2021 Dr. Peter Mitchell joined Future Planet Capital to lead the development of our first automated deal-prioritisation engine. Informed by cutting-edge academic research, this marked a step-change in the scale and precision of our sourcing capabilities.
2022 Our deal pipeline quadrupled in 12 months. We integrated new datasets – from patents and grants to social media insights – and expanded our tooling to support bespoke early-stage mandates.
2023 Data-driven decisions led directly to investments such as Regent Craft through our Blue Ocean mandate, and 4T2 Sensors via the West Midlands Co-Investment Fund. DataLace also played a core role in designing the British Co-Investment Fund model, demonstrating its utility in shaping the future of UK pension investment into growth-stage companies.
2024 Now officially named DataLace – a tribute to Ada Lovelace – the platform has matured into a standalone data product. It now powers deal sourcing & prioritisation, value creation for portfolio companies, and investor matchmaking across our ecosystem. We welcomed our first external beta user this year.
DATALACE TEAM
“DataLace empowers us to uncover high-potential opportunities globally, streamline due diligence, and deliver tailored support to help our portfolio companies scale faster and smarter.”
Lyle Pentith
Portfolio Manager
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CompanyLace – Regent Craft
DataLace surfaced Regent Craft, an electric seaplane company in Rhode Island, aligned with our ocean investment thesis. Since our investment, Regent has become a standout performer, raising from top-tier investors including Peter Theil’s Founders Fund and Japanese conglomerate Mitsui & Co.
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InvestorLace - Curated Investor Matching
To drive value creation across our funds, we developed tailored lists of next-round investors for each portfolio company. These lists of investors are ranked by stage, sector, geography, and prior performance. Warm intros are tagged automatically, drawing on our network of over 800 active investors to enable warm, strategic connections at the right moment.
We don’t rely on serendipity. We use structure, data, and system design to scale what works, from sourcing to syndication
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InvestorLace - MemoLace
MemoLace creates concise, two-page summaries for every company in our pipeline. By pulling from decks, notes, databases, and public sources, it ensures no information is overlooked and accelerates diligence with a clear, consistent snapshot of each opportunity.
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GET IN TOUCH
“We have spoken to over 50 investment teams globally and the vast majority had the same problems. They want to see more deals, sooner, and have the best companies, for their thesis, highlighted to them upfront. If this sounds familiar, get in touch, we are always happy to explore partnerships to see how DataLace could support your team too.”
Malika Arshad
Business Development Manager