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uk-futurefund.co.uk

Investments

67

Portfolio Exits

4

About UK Future Fund

The UK Future Fund scheme will issue convertible loans between £125,000 to £5 million to innovative companies that are facing financing difficulties due to the coronavirus outbreak.

Headquarters Location

London, England,

United Kingdom

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Latest UK Future Fund News

UK Future Fund Scheme is Closed for New Applicants as Managers Review Docs on Convertible Loan Agreements

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.

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UK Future Fund Investments Activity

investments chart

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

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$XXM

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10

7/13/2022

Seed

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$XXM

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10

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

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Amount

$25M

$3M

$1.84M

$XXM

$XXM

New?

Yes

No

No

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Co-Investors

Sources

6

5

1

10

10

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

$XXM

1

1/5/2023

Acquired

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$XXM

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10

12/7/2022

Acquired

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$XXM

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10

11/15/2021

Acquired

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$XXM

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10

Date

12/13/2023

1/5/2023

12/7/2022

11/15/2021

Exit

Asset Sale

Acquired

Acquired

Acquired

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

Acquirer

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Sources

1

10

10

10

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