# Blue Lake Venture Capital

Blue Lake Venture Capital is a Venture Capital based in London, United Kingdom.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** Lincoln House, 2nd Floor, 296-302 High Holborn, London, United Kingdom
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** bluelakevc.com
- **LinkedIn:** https://www.linkedin.com/company/blue-lake-vc

## Regulatory record

- **Reports private funds:** No

## About

Blue Lake VC invests in and supports immigrant founders with global ambitions. They provide the first institutional cheque into extraordinary, early-stage international founders in the UK taking on global problems in the B2B space. The firm is run by immigrants and aims to help founders achieve their full potential in the UK and globally.

## Sectors

- Enterprise Software
- FinTech
- PropTech
- ClimateTech
- Digital Health
- Mobility & Transportation
- Media & Entertainment

## People

- David Gilgur — Founding Partner
- Lyubov Guk — Founding Partner

## Questions

### Who runs investment decisions at Blue Lake Venture Capital?

Founding Partners David Gilgur and Lyubov Guk lead investment decisions. Gilgur previously founded an international trade consultancy and worked in global data at Bloomberg; Guk began her career in corporate finance in Ukraine before moving to London. Both are directly involved in the firm's accelerator programme and portfolio support.

### How does Blue Lake VC source proprietary deal flow?

The firm maintains a dedicated accelerator programme that serves as a primary sourcing mechanism. Startups join a three-month curriculum with mentorship, dedicated partner support, and a London roadshow that culminates in a pitch to early-stage investors. This structure draws international, immigrant-led startups into the UK ecosystem before they appear on the radar of mainstream funds.

### Does Blue Lake VC participate in fund commitments or only direct deals?

Blue Lake executes direct equity investments into startups, primarily through its accelerator and direct pre-seed and seed rounds. There is no public indication that the firm makes commitments to external funds.

### What investment stages does Blue Lake VC typically target?

The firm targets pre-seed and seed rounds exclusively. Its accelerator programme provides an initial investment to participating startups, with follow-on funding tied to mutually agreed milestones.

### How is Blue Lake VC related to its founders' previous ventures?

David Gilgur previously founded an international trade consultancy before launching Blue Lake VC. Lyubov Guk moved from corporate finance in Ukraine to co-found the firm. The team's experience in helping international founders navigate the UK market is positioned as a direct input to the firm's strategy and accelerator design.

## Related profiles

- [Blue Impact Supply Chain Ventures](https://altss.com/profile/blue-impact-supply-chain-ventures)
- [Blue Ocean Equity Partners](https://altss.com/profile/blue-ocean-equity-partners)

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Last updated: 2026-08-11T15:06:13.093Z

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