SCM Advisors is the UK-headquartered investment arm of the Ukrainian SCM conglomerate. SCM’s main industries are metals (especially steel), mining, and energy,. They also have a broad range of other investments e.g. in banking, retail and real estate.
They have a preference for B2B and data. About a third of their portfolio companies use AI or machine learning. They are interested in hardware investments too, especially on companies related to their group’s businesses. Health solutions like process automatization are interesting, but not pharmaceutical drugs.
They’re a co-investor, often the 2nd to 4th biggest investor on a round.
Ticket size: €150k-€500k, sweet spot €300k, maximum allocation with follow-on investments €1,000k per company