The UK Investor Magazine is joined by Tekcapital Executive Chairman Cliff Gross, who unpacks Tekcapital’s 2025 results and progress for their portfolio companies.

Cliff walks through the 2025 results, touching on financial performance and the key drivers of portfolio fluctuations.

He then introduces Vesari, Tekcapital’s fifth portfolio company, targeting geothermal-powered hyperscale AI data centres. The thesis is that power, not chips, is now AI’s real bottleneck. Cliff explains why geothermal is uniquely suited to the job and how Vesari’s integrated, closed-loop architecture differs from peers. He also explores the funding opportunities for Vesari.

The conversation turns to Guident’s IPO and when investors can expect the autonomous vehicle to begin trading on NASDAQ.

We finish with an outlook for the year ahead.

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