For professional investors
Portfolio
A platform built on a deep, active portfolio — spanning direct holdings, fund structures and a new generation of GTC platform investments.
Our portfolio reflects both the heritage of the Shackleton Secondaries funds and the forward direction of Gorilla Tech Capital. Some companies are held directly; others are held through fund and company-builder structures, as indicated below.
Gorilla Tech Capital — platform investments
New investments made by GTC on behalf of Gorilla-
Astrikos.ai
Smart-infrastructure AI
An artificial-intelligence platform focused on smart-city and digital-infrastructure operations, aligned with the Gorilla technology ecosystem. Astrikos.ai is the first investment made by Gorilla Tech Capital on behalf of Gorilla.
GTC platform
Direct portfolio holdings
Held directly by the Shackleton Secondaries Funds (SSF)-
Airlinq
IoT connectivity
Formerly Globetouch, Airlinq operates a global virtualised connectivity fabric for M2M and IoT devices — any location, any network, any device — serving clients including major telecoms and OEMs. The team supported Airlinq’s $40m Series C.
Current
SSF
-
Bluebox Aviation Systems
Aviation software
A provider of in-flight entertainment products, software and services to the aviation sector since 2004, serving over 40 airlines and aircraft operators worldwide.
Current
SSF
-
DataPA
Business intelligence
The company behind DataPA OpenAnalytics, an agile business-intelligence solution that lets business users rapidly create and publish accurate, real-time intelligence about their organisation.
Current
SSF
-
Dexam
Consumer / housewares
A long-established sourcing and supply business bringing high-quality, innovative kitchenware and cookware to the UK market from a global network of specialist factories.
Current
SSF
-
Endurance
Diversified investment
Endurance RP (formerly Regent Pacific) is a Hong Kong-based diversified investment group holding corporate and strategic interests focused on the healthcare, wellness and life-sciences sectors.
Current
SSF
-
Nandi Proteins
Food technology
A market leader in technology that improves the functional properties of proteins in food manufacturing — reducing production costs and additives while improving taste, texture and longevity.
Current
SSF
-
Panintelligence
Embedded analytics
A scaling data-visualisation, reporting and analytics software developer whose ‘Pi’ suite lets businesses turn data in almost any format into bespoke reports and real-time insight.
Current
SSF
-
Platnauer Group
Commercial property
Platnauer Group, formerly a family-owned jewellery business, is now largely transformed into a successful commercial-property portfolio, while retaining the innovative Wedds & Co and Zedd high-end ring brands.
Current
SSF
-
Qwist
Open banking
A pioneer in open banking and open finance, and a regulated payment institution operating across Germany, Austria, Spain and Portugal, providing connectivity and data-enrichment services to banks, FinTechs and e-commerce.
Current
SSF
-
Scottish Event Campus
Events & venues
Promotes and manages the Scottish Event Campus in Glasgow, staging exhibitions, conferences, concerts and major events as one of the UK’s leading event destinations.
Current
SSF
Held through Ioniq
Shackleton Secondaries Victoria Fund’s interest in Ioniq GmbH-
Ioniq
Diversified tech investor
A Berlin-based investor with a diversified portfolio spanning fintech, health-tech and data businesses — including FinLeap, Heartbeat Labs, zeotap, Clark and Bit Capital. The Shackleton Secondaries Victoria Fund acquired its interest in Ioniq in 2024.
Current · holding vehicle
-
Clark
Digital insurance
A leading digital insurance platform combining technology with advice to help customers manage and optimise their insurance cover — one of Europe’s prominent insurtech businesses.
Current
via Ioniq
-
FinLeap
Fintech company builder
A leading Berlin-based fintech company builder whose portfolio has included Clark, Qonto and Pair Finance. Now held through Ioniq, following the Victoria Fund’s 2024 transaction.
Current
via Ioniq
-
Fly Ventures
Venture capital · Fund I
A European first-cheque venture-capital firm backing technical founders solving hard problems, investing from day-zero to seed. Its portfolio companies — including Wayve and 9fin — have collectively raised more than $3 billion in follow-on funding from leading US and European investors.
Current
via Ioniq
-
Kayzen
Programmatic advertising
A mobile-first demand-side platform (DSP) that democratises programmatic advertising, enabling apps, agencies, media buyers and brands to run customer-acquisition, retargeting and brand-performance campaigns at scale.
Current
via Ioniq
-
Zeotap
Customer data platform
An AI-powered Customer Data Platform helping enterprise brands unify first-party customer data and activate it across channels. Built in Europe with privacy and GDPR compliance at its core; clients include Virgin Media O2, Sky and Ford.
Current
via Ioniq
Held through Heartbeat Labs
Shackleton Secondaries Victoria Fund’s holding in Heartbeat Labs-
Heartbeat Labs
Digital-health builder
A Berlin-based digital-health company builder, co-creating and investing in healthcare ventures. Now directly managed by the Shackleton team and focused on developing its portfolio towards trade exits.
Current · holding vehicle
-
Betriebsarztservice
Occupational health
A nationwide German provider of occupational medicine, workplace safety and occupational psychology services, supporting over 500 corporate clients across its network of practices.
Current
via Heartbeat Labs
-
Heal Capital
Health-tech venture capital
A European venture-capital platform investing in digital-health and medtech companies. The Shackleton Secondaries Victoria Fund holds an interest in Heal Capital Funds I and II through Heartbeat Labs.
Current · Funds I & II
via Heartbeat Labs
-
Kalia Lab
Skin health & longevity
A medical-led skin-health, aesthetics and longevity clinic group operating in Berlin, Hamburg and Düsseldorf, delivering evidence-based, doctor-administered treatments through a holistic care concept.
Current
via Heartbeat Labs
-
Keleya
Digital maternal health
A digital-health company offering personalised prenatal and postpartum wellbeing solutions — guided exercise, nutrition and data-driven insight — used by hundreds of thousands of women across key European markets.
Current
via Heartbeat Labs
Discuss the Portfolio
For more detail on any holding or on our current strategies, speak with the investor-relations team.