Pre-Seed & Seed · Ireland · UK · Europe · GCC

Fund I — 2026 vintage

Actively investing

Minimum viable business.
Maximum likelihood of success.

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Our Thesis · By Sector

Sectors we back, framed honestly.

Payments, core infrastructure, and regulated products where trust, fraud controls, and unit economics have to work — not slide claims.

Known
Market dynamics, incumbents, where your wedge cuts.
Unknown
Adoption, partners, behaviour under stress.
Believe
Why you win distribution in a sceptical market.
KPIs
Revenue quality, economics, path to margin.

Venture Capital

We back pre-seed and seed founders with 500K to €1.5M initial checks, using DNA-level diligence to build predictable, durable businesses, not power-law bets.

Community

A curated network of founders, operators, incubators, partners and investors committed to building real, resilient companies through shared knowledge and peer support.

Elite Mentorship

Hands-on strategic, technical, and operational guidance that strengthens ventures long before investment and reduces early-stage risk.

MVB Programme

A structured pathway turning early concepts and scale-ups into investor-ready Minimal Viable Businesses engineered for long-term, repeatable success.

Why do we exist?

Building a successful business is more than a quick MVP prototype

At MVB Ventures, we don’t just invest in startups, we architect durable, high impact businesses from day zero, proving that a new venture model is not only possible but inevitable. This allows us to create and help nurture companies engineered from inception for predictable, durable value creation rather than reliance on outlier outcomes.

Martin Duffy

Martin Duffy

How we operate

Investment Process

Nine deliberate phases—from first contact to exit—engineered for predictable, durable value creation rather than reliance on outlier outcomes.

  1. Step 1

    MVB Programme

    Companies come through the top of funnel and must satisfy 90 key data and programme points before they can proceed to the next phase.

  2. Step 2

    Due Diligence

    In-depth due diligence on the foundations of the business.

  3. Step 3

    Analysis

    In-depth assessment of selected opportunities leveraging our codified AI Opportunity matrix DD tool.

  4. Step 4

    Memo

    Compilation of findings and recommendations for the Investment Committee.

  5. Step 5

    Investment Committee

    Presentation and discussion of investment proposals.

  6. Step 6

    Invest

    Negotiation & execution of investment agreements.

  7. Step 7

    Monitoring & Support

    Active monitoring of P&L, product roadmap, GTM & sales driven by automated access and dashboard. Also providing active engagement and support for portfolio companies.

  8. Step 8

    Re-evaluation

    An annual review of every portfolio company against plan, with fresh diligence to reset the path forward.

  9. Step 9

    Exit

    Strategically manage exits and maximise returns for investors.

Our Reach

Our operational focus spans key regions, primarily concentrating on Ireland, UK, Europe and GCC.

With a strategic focus on the UK & Ireland innovation ecosystems, we have established a strong presence and built strong, strategic and expansive relationships.

This phased expansion strategy reflects our deliberate and strategic approach to geographical growth, in line with our mission of fostering innovation and sustainable minimal viable growth.

Fund I · Targets

Disciplined numbers,
underwritten to fundamentals.

Alpha first. Fees second. Ego never.
A €150M seed-first strategy, 60 initial investments averaging €1M each, deployed in milestone-based tranches.

  • DPI 2.4x Distributions to paid-in
  • MOIC 3.00x Multiple on invested capital
  • IRR ~35%+ Internal rate of return
  • Deals 15 / yr €500K – €1.5M per cheque
  • Follow-on 8x Series A Up to €5M per company
  • Horizon 4 yrs · 5–7 Management · allocation

For qualified investors

Submit your interest in Fund I.

Share ticket size, timeline, and jurisdiction. We reply within 48 hours with the current deck, PPM, and a discovery-call invite with Martin.

Fund I · At a glance

  • Target Size €150M
  • Structure Gold-plated Irish ICAV
  • Min. Commitment €1M
  • First Close Q4 2026 (target)

Indicative. Not an offer to sell securities.

The Team · Fund I

A seasoned operator,
a trusted custodian of capital.

Institutional discipline meets early-stage conviction — the underwriting layer that takes capital from “interested” to “deployed on milestones.”

Portrait of Martin Duffy, General Partner and Founder of MVB Ventures

General Partner · Founder

Martin Duffy

Martin has supported the management of funds exceeding €3 Trillion in assets, bringing a discipline to venture capital that is more commonly found in institutional fund management than in early-stage investing.

His focus at MVB is on strategic partnerships, investor relations, and leading DNA-level due diligence on every founder team — the layer of underwriting that takes capital from “interested” to “deployed on milestones.”

  • €3T Grew €2T to €3T
  • €204B Greenfield build of platform
  • €100M Lead sell-side defence in fund administration entity
  • 30+ yrs Institutional, multinational, government & venture

Additional team members to be announced.