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Key people at Blue Lake VC.
Blue Lake VC was founded in 2019 by David Gilgur (Co-Founder).
Blue Lake is a London-based early-stage venture capital firm specializing in pre-seed and seed investments within B2B and software. It primarily backs exceptional immigrant founders across the UK, offering strategic capital and extensive support. The firm identifies promising ventures early, facilitating their growth before attracting mainstream attention.
Founding partners David Gilgur and Lyubov Guk established Blue Lake, driven by the significant, often overlooked potential of the UK's immigrant founder community. They formed the firm to provide specialized early-stage capital and support, leveraging networks to invest in these entrepreneurs, helping them achieve broader market recognition.
The firm's portfolio features innovative B2B and software startups led by immigrant founders, benefiting from tailored guidance and an expansive network. Beyond capital, Blue Lake cultivates a vibrant community of startups, mentors, and investors for crucial long-term support. Its vision empowers founders to build impactful companies, driving innovation within the UK tech ecosystem.
Key people at Blue Lake VC.
Blue Lake VC was founded in 2019 by David Gilgur (Co-Founder).
Blue Lake VC has 3 tracked investments across 3 companies. The latest tracked deal is $6.8M Seed in Extellis in November 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 10, 2025 | Extellis | $6.8M Seed | Justin Wright Eakes | Duke Angel Network, EGB Capital, First Star Ventures, Front Porch Ventures, NEW Industry VC |
| Mar 1, 2023 | Connectd | $3.0M Seed | Arch LAW, Blue Lake VC, Life Ventures, Mail Venture Partners, Syndicate Room | Double Prime LLP, Expa, MMC Ventures, Alan Morgan, Daniel Gerrard, GUY Carling, TIM Levy |
| Apr 1, 2022 | Electric Miles | $1.1M Seed | Blue Lake VC, LOW Carbon Innovation Fund | Vipul Amin |