The Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) are two of a number of UK government initiatives which encourage innovation by granting private investors a significant tax break when investing in early stage, ‘high-risk’ companies.
The below London based-funds were some of the most active SEIS & EIS VC funds in 2020.
Are you looking to raise under EIS? Sign up now to apply for EIS Advance Assurance on SeedLegals.
One of the most active seed investors in the UK with 23 recorded deals last year*, and creator of the Debut Sessions. Ideal for startups raising their first or second round of capital.
Ascension Ventures Syndicate Club
Part of Ascension Ventures, the Ascension Syndicate Fund allows angel investors and high net worth individuals to invest in (S)EIS eligible companies on a deal-by-deal basis.
Force Over Mass Capital
Based in London and with over 111 companies in their portfolio, the fund has invested most heavily in EIS compatible firms in marketplaces and e-commerce, fintech, SaaS, AI, big data and analytics. Reported to have done 9 deals in 2020*.
Active EIS and now SEIS investor in companies with a specific focus in marketplaces, platform and SaaS.
The Hambro Perks Growth EIS Fund offers individuals, and other entities, the chance to co-invest alongside Hambro Perks in high growth, unlisted companies while benefiting from EIS reliefs.
Based in Cambridge, Martlet Capital’s focus is in early stage deeptech and life science companies, investments upwards of £150K.
Mercia Asset Managers
Mercia makes EIS investments on a broad scale from 100k to 10m tickets. It has invested in over 200 businesses across the UK.
o2h Human Health EIS Knowledge Intensive Fund
First HMRC approved KI fund in the UK that will invest in knowledge-intensive EIS qualifying companies focused on novel drug discovery and AI technologies. This fund is focused on early stage biotech therapeutic and related AI opportunities in the UK. The fund also provides incubation support to its portfolio companies.
SEIS and EIS fund investing in UK science and technology startups and spin-outs near Oxford and London.
The fund invests primarily in companies developing new technologies, particularly in the cleantech or life sciences sectors, and can make initial investments of up to £5m with follow-on potential.
Early-stage SEIS and EIS fund with a focus on the future of enterprise, finance, and entertainment.
SFC portfolio exceeds 200 companies, often acting as lead investors in a round. Reported to have done 35 deals over 2020*.
VC fund investing in Deep Tech, FinTech, Industrial Tech, SaaS and HealthTech. Investments range from £100K to £2M.
Investing between £50k – 250k per EIS investment, the fund looks for businesses with a sustainability impact, and has made investments in circular economy, future energy, clean air, agriculture and building tech businesses.
Syndicate Room – The Access EIS Fund
Syndicate fund allowing angels to co-invest in EIS eligible early stage companies.
An SEIS and EIS fund investing in pre-seed and seed stage startups in Europe with a focus on the Nordics and UK markets.
Did you know?
8 out of 10 UK angel investments are made under SEIS/EIS. In order to qualify for investment under EIS, companies need to meet the eligibility criteria. You can find out if you qualify to raise under the Enterprise Investment Scheme, and apply for SEIS/EIS Advance Assurance from HMRC on SeedLegals.
Sign up now to apply for SEIS/EIS on SeedLegals.
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* Starred statistics kindly provided by our good friends at Beauhurst.