# Celtic House Venture Partners

Celtic House Venture Partners is a Venture Capital based in Fremont, Canada.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Fremont, Canada
- **Region:** North America
- **Address:** Ottawa, ON, Canada
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** www.celtic.vc
- **LinkedIn:** https://www.linkedin.com/company/celtic-house

## About

Celtic House Venture Partners is a venture capital firm that invests in early-stage high technology companies from North America and the United Kingdom. The firm has made 126 investments, including a Series A investment in Quadshift on February 18, 2025. Celtic House Venture Partners has 26 portfolio exits, with Nuvyyo exiting on January 1, 2022.

## Sectors

- Enterprise Software
- AI/ML
- Logistics & Supply Chain
- FoodTech
- E-Commerce
- Mobility & Transportation
- Cybersecurity
- Industrial Tech

## Offices

- Vancouver, BC
- Waterloo, ON

## People

- David Adderley — Managing Partner
- Tom Valis — Managing Partner
- Denis Martel — Finance Director
- Larry Liu — Managing Partner, Celtic House Asia Partners
- Charlie Wang — Partner, Celtic House Asia Partners
- Sky Yu — Partner, Celtic House Asia Partners

## Questions

### Who makes investment decisions at Celtic House?

Day-to-day investment decisions rest with Managing Partners David Adderley and Tom Valis for the core Canadian fund. Larry Liu, as Managing Partner of Celtic House Asia Partners, leads the Asia-focused vehicle alongside Partners Charlie Wang and Sky Yu. The two teams share the Celtic House brand but run independent investment committees and fundraising processes, with cross-referral of deal flow.

### How is Celtic House Asia Partners related to the main firm?

Celtic House Asia Partners was launched in 2019 by Larry Liu and Charlie Wang under a brand license and co-investment framework with Celtic House Venture Partners. Liu’s prior firm, GCI Capital, had been co-investing with Celtic House since 2015. Asia Partners maintains its own governance, fundraising, and portfolio of 30+ companies, with offices in Vancouver and reach across the Asian immigrant-founder network in North America and China.

### What is Celtic House’s typical check size and investment stage?

The firm targets early-growth equity — companies that have established product-market fit and are ready to scale, rather than pre-revenue seed rounds. Celtic House does not disclose a standard check size, but its total deployment exceeds $650 million over 75 startups, and it structures some exposures through special purpose vehicles managed by its finance team.

### What does the portfolio composition look like by sector?

Enterprise SaaS and applied AI dominate, with confirmed board seats at Auvik (cloud-based IT operations), Raven AI (manufacturing SaaS), and Enzuzo (consent management). The portfolio also includes logistics and last-mile delivery through UniUni, food tech via Fantuan and Big Way Hot Pot, and cross-border e-commerce logistics assets. The firm does not concentrate on hardware, deep biotech, or consumer marketplaces.

### How does Celtic House source its deals?

The core partnership leans on over two decades of Canadian technology corridor relationships — Ottawa, Waterloo, and Vancouver — combined with a proprietary network of immigrant founders through the Asia Partners franchise. Finance Director Denis Martel’s background at Wesley Clover, Sir Terence Matthews’ holding company, provides an additional channel into operator-led hardware-to-software succession plays.

## Related profiles

- [Cedrus Investments](https://altss.com/profile/cedrus-investments)
- [Centre Court Capital](https://altss.com/profile/centre-court-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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