Database/Aurora AI Fund I
VCF010 · Vintage 2023Open

Aurora AI Fund I

Aurora Ventures

Applied AI across enterprise verticals — legal, healthcare, financial services. Concentrated portfolio of 18 companies.

Venture CapitalSeries A — Applied AIGlobalArticle 6
Performance · since vintage

Net TVPI multiple

1.24x
+2.8pp vs benchmark
QuarterNet IRRNet TVPINet DPI
2025 Q111.9%1.12x0.00x
2025 Q211.0%1.18x0.00x
2025 Q316.5%1.12x0.00x
2025 Q413.6%1.23x0.00x
2026 Q116.2%1.25x0.00x
2026 Q217.4%1.32x0.00x
2026 Q319.7%1.31x0.00x
2026 Q414.3%1.25x0.00x

Terms

Target fund size£350m
Current AUM£180m
Min ticket£5m
Max ticket£50m
Target net IRR25–35%
Lock-up10 years
Management fee2.50%
Carry / performance25%
BenchmarkPitchBook AI/ML VC
ESG / SFDRArticle 6
Liquidity

Closed-ended.

Investment highlights

  • 3 mark-ups within first 6 months
  • Partnered with hyperscaler for compute credits

Top 5 holdings

Largest positions · % of fund · simulated
  • Praxis Logistics10.0%
  • Stratos Cloud10.0%
  • Northwind Robotics6.9%
  • Hearth Commerce6.6%
  • Aperture Labs5.8%