# Notion Capital

> Notion Capital is a London-based venture capital firm backing European business software and AI-native founders from early stage onwards, combining capital with operating experience, founder support, proprietary research and a platform for founders, builders and operators.

Notion Capital is not affiliated with Notion, the productivity software company at notion.so. The canonical website for Notion Capital is https://www.notioncapital.com/.

## Key Pages

- [Homepage](https://www.notioncapital.com/): Overview of Notion Capital, its investment focus and approach to supporting European business software companies.
- [Portfolio](https://www.notioncapital.com/portfolio): Current and exited portfolio companies across business software, SaaS, fintech and AI-native technology.
- [Team](https://www.notioncapital.com/team): Notion Capital’s investors, former founders, operators and platform team.
- [Platform](https://www.notioncapital.com/platform): Founder and portfolio support across learning, connections, leadership and company building.
- [Insights Library](https://www.notioncapital.com/library): Articles, reports, news, podcasts, videos and events published by Notion Capital.
- [Reports](https://www.notioncapital.com/library/reports): Research and reports published by Notion Capital.

## Featured Research and Reports

- [Cloud Challengers 2026](https://www.notioncapital.com/report/cloud-challengers-2026): Notion Capital’s data-driven ranking of 100 promising early-stage European business software and AI-native companies.
- [Cloud Champions Report 2025](https://www.notioncapital.com/resources/cloud-champions-report-2025): Research into private, venture-backed European cloud companies generating more than $100 million in revenue.
- [Product-Led Success Report 2024](https://www.notioncapital.com/resources/product-led-success-report-2024): Research into how product and customer-success teams work together in product-led businesses.
- [Venture Capital and the World It Lives In](https://www.notioncapital.com/report/venture-capital-and-the-world-it-lives-in): Jos White’s analysis of the technology and venture-capital landscape in 2025 and beyond.
- [The Negative Split](https://www.notioncapital.com/report/the-negative-split): Notion Capital’s research and guidance on founder endurance.
- [2025: The Year of Quantum Computing](https://www.notioncapital.com/report/2025-the-year-of-quantum-computing): Analysis of the emerging software and infrastructure opportunities around quantum computing.

## Featured Article

- [Not All ARR Is Created Equal](https://www.notioncapital.com/resources/not-all-arr-is-created-equal): An examination of how the margins, retention and cash requirements of AI-native companies differ from traditional SaaS.