VC Associate @ Ascension in London, England


Job Specification – Principal, Tax-Efficient Funds, Ascension, London based

Ascension is an early-stage venture capital (VC) firm built and managed by exited entrepreneurs to back the next generation of tech and impact founders. Since 2015, Ascension has invested in 175+ start-ups across its (S)EIS & Institutional funds – our specialist approach and extensive sector reach allow us to identify and scale pioneering tech enterprises. With over £80m under management, Ascension is one of the most active early stage investors in the UK with a particular focus on backing impact businesses leveraging the power of technology to solve some of the world’s biggest problems. For more information, see

<aside> 📌 Please submit your application here.


Role and Responsibilities

  • Lead the end-to-end deal-flow process for new investments, including sourcing, vetting, conducting due diligence, determining the value and optimal capital structure, negotiating and then executing
  • Analyse industries and understand the competitive landscape to identify attractive investment opportunities
  • Present investment opportunities to the team, including preparing high-quality investment papers and supporting materials
  • Build and maintain strong relationships with portfolio company founders, providing ongoing mentoring and strategic support
  • Build and maintain strong relationships with co-investors – from Angels and Angel Networks to VCs

Qualifications & Experience

  • Qualified to at least degree level in a relevant subject, or demonstrable evidence of knowledge gained from other sources and/or experience
  • 3-5 years of VC experience (seed stage) with an established UK network
  • Relevant investment and/or deal transaction experience
  • Domain experience or interest in emerging technology

About You

  • You are proactive, outgoing, self-motivated and fun to work with – you should be eager to learn and be able to adapt and integrate easily in new situations
  • You thrive in an autonomous role, with excellent prioritisation, self-organisation, and execution skills
  • You are able to keep cool under pressure and maintain confidence when interacting with stakeholders of all levels – internally and externally
  • You have strong emotional intelligence and treat everyone around you with respect
  • You have immense appreciation and curiosity for technologies that are changing the world we live in
  • You are a self-starter who can take ownership and complete tasks with limited information and direction
  • You are not afraid to question or challenge opinions
  • You think creatively and independently about complex problems
  • You have a deep and insatiable curiosity about people: what keeps them up at night, what drives their aspirations, and how to motivate them when they’re running on fumes
  • You have strong analytical skills and attention to detail
  • You can pick up new tools quickly

Ascension is a small but growing team and will expect the candidate to evidence an ability to grow and adapt accordingly.


Ascension supports hybrid working. The successful candidate should expect to work in Ascension’s offices in Vauxhall for 2 days per week with one other day spent in a co-working space in the West End.

The Application Process

  • Please tell us about yourself and why you want this role
  • Attach your CV and/or link us to a LinkedIn profile or online portfolio

<aside> 📌 Please submit your application here.