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EIS investment funds: 50 active UK funds in 2024

Published: 
Feb 16, 2023
Updated: Jan 12, 2024
Kaylin S.
Copywriter
Kaylin Sullivan

Copywriter

Jonny Seaman
Expert Contributer
Jonny Seaman

Investor Partnerships Manager

If you’re looking for investors to fund your startup, you’re in the right place. Welcome to the ultimate list of active EIS funds in the UK.

We’ve included funds that invest across sectors, at multiple stages. We’ve also added some useful resources at the end that can help make your EIS funding journey easier, faster and more affordable.

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What is an EIS fund?

An EIS fund is a venture capital fund used to invest in EIS-eligible companies. EIS is a tax initiative that incentivises private investors to support UK innovation and stimulate the growth of the economy. EIS provides tax relief for investors who invest in young, medium-sized and high-risk companies.

Eis Fund 1

Good to know: We use the terms ‘early stage’ and ‘late stage’ in this article to describe stages of funding. ‘Early stage’ includes Seed, Series A, and sometimes Pre-seed funding. ‘Late stage’ includes Series B and beyond.

50 active EIS funds

Here’s our list of active EIS investment funds in the UK in 2024. You can discover more by doing your own research, or by browsing our resources (see more resources at the end of this article).

Access EIS

Access EIS tracks and invests alongside top UK angel investors’ private deals. They invest from early stage to late stage across sectors.

Anthemis

Anthemis invests in fintech companies creating positive change. They invest at early stage and late stage.

Amadeus

Amadeus Capital’s early-stage EIS Fund invests in UK technology companies across sectors. They invest early stage capital, including Pre-seed.

Arie Capital

Arie Capital invests in companies in the connectivity, life sciences, sports and media tech, and fintech sectors from early stage to late stage.

Ascension

Ascension  invests in early-stage technology companies, with a particular focus on startups raising their first or second round.

Augmentum

Augmentum invests in fintech companies across Europe. They typically invest at Series A and beyond.

British Design Fund

British Design Fund invests in purpose-led British product businesses. They invest in early-stage companies, usually around £150,000 to £200,000.

Britbots

Britbots provides early-stage investment to a broad portfolio of UK-based robotics, automation, and AI companies that can demonstrate commercial traction.

Better Ventures

Better Ventures’ EIS Fund backs science and technology startups in service of the UN’s Sustainable Development Goals. They invest Pre-seed and Seed capital and can help with follow-on funding from Series A and beyond.

BGF

BGF invests in companies across sectors at early stage and late stage.

Calculus Capital

Calculus Capital is a pioneer of EIS. They created the first UK-approved EIS fund in 1999. They invest in companies across sectors at early stage and late stage.

Committed Capital

Committed Capital invests in post-revenue (over £1M) technology companies in the UK. They’re not sector specific. They usually invest from Series A onwards.

Concept Ventures

Concept Ventures is the largest dedicated UK Pre-seed fund and invests in companies across sectors at early stage, with follow-on funding from Series A and beyond.

62d926778667bb377251dad6 Oliver Kicks

The best way to approach investors, first and foremost, is to do your research. Make sure the fund you are approaching is aligned on Investment Stage, Investment Vertical, and geographical location. You should also make sure there aren’t competing companies in their portfolio.

If you’re applying to a fund that invests at a later stage or in a different market, you’re only wasting time.

Finally, think outside the box – as with a job interview – how can you stand out? Show you understand why you’re a good fit and learn how to write a great cold email.

Oliver Kicks

Principal,

Concept Ventures

Deepbridge Capital

Deepbridge Capital invests in technology, life sciences and renewable energy companies. They invest from Seed through to later-stage capital.

Downing

Downing invests in startups making positive changes in the sectors of renewable energy, infrastructure, property and healthcare. They invest at early stage and late stage.

Earthworm

Earthworm is a non-profit fund that backs sustainable startups creating positive social and environmental change. They invest at the early stage.

EMV Capital

EMV Capital invests in early-stage B2B deeptech companies. Their sectors of interest include energy, transport, the circular economy, smart city, health tech, and industrial high tech.

Endeavour Ventures

Endeavour Ventures invests in tech companies across sectors at every funding stage.

Force Over Mass

Force Over Mass invests in B2B tech companies with a focus on AI, fintech and Industry 4.0 in Europe and the UK. They invest at early stage to Series B.

Fuel Ventures

Fuel Ventures is one of the most active VCs in the UK. They invest in tech companies across sectors and invest early stage capital from pre-seed to Series A.

Guinness Ventures

Guinness Ventures invests in companies in any sector, anywhere in the world. They invest early-stage capital from Seed to Series A.

Haatch

Haatch is one of the most active funds in the UK, especially for Pre-seed capital. They invest in companies across sectors from pre-seed to later-stage funding rounds.

Hambro Perks

Hambro Perks invests internationally in technology and finance companies. They invest early-stage capital from Seed to Series A.

Imbiba

Imbiba invests in leisure and lifestyle businesses at early (including Pre-seed) and later stages.

Impact Ventures

Impact Ventures invests in sustainable companies creating positive change. They invest in companies that use technology to help solve social and environmental problems. They focus on late-stage investments but have made a few early-stage investments.

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IW Capital

IW Capital invests in UK SMEs across sectors. They invest in later-stage funding rounds and look for companies with strong management teams in place that are ready to scale.

Jenson Funding Partners

Jenson Funding Partners invest in startups across sectors. They invest from Pre-seed to late stage.

Martlet Capital

Martlet Capital invests in deeptech and life sciences B2B companies at the early stages. Their primary focus is on companies based in Cambridge.

Maven

Maven invests in companies across sectors. They invest at any funding stage, in companies valued from £4M up to £40M.

MMC

MMC invests in tech companies, with a particular focus on AI and blockchain. They invest at Seed and Series A stages.

Mercia

Mercia invests in tech companies across sectors from the early stage to later stages.

Molten Ventures

Molten Ventures invests in tech companies across Europe, focusing on deeptech, consumer-tech, healthtech, SaaS and enterprise software. They invest in hardware and software solutions at Series A and beyond.

Newable

Newable invests in early-stage UK businesses at early stage and beyond (investments over £500,000). They focus on medtech, AI, space, robotics and 4IR companies.

Northzone

Northzone invests in companies across sectors in the UK, Europe and the US. They invest in early stage companies and make later stage investments too.

o2h Ventures

The o2h Human Health EIS Fund invests in novel drug discovery and AI. They invest at early stage, including Pre-seed.

Octopus Ventures

Octopus Ventures is one of the most active funds in the UK. They invest over £200M a year into companies in health, fintech, deeptech, consumer and B2B software. They invest at early-stage through to Series B.

Oxford Technology

The EIS fund at Oxford Technology invests in companies across sectors. They invest at early stage and beyond.

Parkwalk

Parkwalk is the UK’s most active investor (and second globally) in the university spin-out sector. They invest in science and tech companies that are commercialising the scientific discoveries made in top UK universities. They invest at early stage and late stage rounds.

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Praetura

Praetura invests in companies across sectors from early stage to late stage.

Redline

Redline invests in tech companies in Europe and the UK, North America and Israel. They invest in a variety of sectors and back companies at any stage of funding.

Rockpool

Rockpool invests in profitable companies across sectors. They typically invest at later stages of funding, and require their portfolio companies to have annual revenues of £5M to £30M.

Samaipata

Samaipata invests in digital platforms across sectors. They invest in early stage companies.

SFC Capital

SFC Capital is one of the most active VCs in the UK. They invest in startups across sectors, from early to later stages.

SidebySide

The SidebySide EIS Fund invests in more established tech companies across sectors that are generating £1-10 million in revenue. They invest from early-stage to late-stage capital.

Speedinvest

Speedinvest backs companies in deeptech, fintech, health, industrial tech, marketplaces, e-commerce and consumer subscriptions and SaaS. They invest at early-stage and late-stage rounds.

SuperSeed

SuperSeed invests in early-stage software companies across sectors.

Sustainable Ventures

Sustainable Ventures  invests in tech companies that address the challenges of climate change and resource scarcity. They invest in early stage companies.

Symvan Capital

Symvan Capital invests in tech companies across sectors in European and UK companies with a focus on UK and Nordic markets. They invest in early stage companies.

Truesight

Truesight invests in tech companies across sectors in European and UK companies with a focus on UK and Nordic markets. They invest at early-stage.

EIS funding – more resources

Looking to raise EIS funding? Maybe you’re still exploring your EIS eligibility. Make sure you meet the criteria before approaching EIS investors. Here are some more resources to help.

Jonny Seaman

As capital becomes more expensive with rising interest rates, investors are looking for safer bets that will weather the storm through this uncertain time. If you can see a route to revenue and profitability, be sure to emphasise it in your pitch as investors now value longevity over growth-at-all-costs.

Jonny Seaman

Investor Partnerships Manager,

SeedLegals

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