Investments
67Portfolio Exits
4Latest UK Future Fund News
May 23, 2023
UK Future Fund Scheme is Closed for New Applicants as Managers Review Docs on Convertible Loan Agreements Posted on 05/23/2023 The Future Fund is a government scheme to support UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors. The scheme, alongside other Government support schemes, aims to support companies facing financing difficulties due to the Coronavirus (COVID-19) outbreak. These businesses were unable to access other government… Access Full Article (166 words) Get News, People, and Transactions, Delivered to Your Inbox Your Email: We'll deliver the most current and interesting sovereign wealth and financial news straight to your inbox {{ e }} If you are not automatically redirected, click here . Get access to {{ message }} News Article. ${{ paymentAmountDisplay }} Cancel When you purchase this article, you will be provided a unique link to view the full article and see your payment receipt. You will also be sent an email. All sales are final. There are no refunds for purchasing SWFI news articles. Online and PDF access of your article will be available 30 days from purchase. By purchasing this article, you agree to SWFI terms of service . © 2008-2023 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.
UK Future Fund Investments
67 Investments
UK Future Fund has made 67 investments. Their latest investment was in Hackajob as part of their Series B on May 03, 2023.
UK Future Fund Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/3/2023 | Series B | Hackajob | $25M | Yes | 6 | |
3/6/2023 | Series A - II | SteadyPay | $3M | No | 5 | |
1/24/2023 | Seed - II | Neverwaste | $1.84M | No | 1 | |
8/7/2022 | Unattributed VC - II | |||||
7/13/2022 | Seed |
Date | 5/3/2023 | 3/6/2023 | 1/24/2023 | 8/7/2022 | 7/13/2022 |
---|---|---|---|---|---|
Round | Series B | Series A - II | Seed - II | Unattributed VC - II | Seed |
Company | Hackajob | SteadyPay | Neverwaste | ||
Amount | $25M | $3M | $1.84M | ||
New? | Yes | No | No | ||
Co-Investors | |||||
Sources | 6 | 5 | 1 |
UK Future Fund Portfolio Exits
4 Portfolio Exits
UK Future Fund has 4 portfolio exits. Their latest portfolio exit was Noveltea on December 13, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/13/2023 | Asset Sale | 1 | |||
Date | 12/13/2023 | |||
---|---|---|---|---|
Exit | Asset Sale | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 1 |
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