Techstart II - Seed Fund
£30 million venture capital fund for SMEs. The fund provides start-up and early stage seed capital for ambitious founders. Investments can range from £50,000 to £750,000 going up to £2 million in any one company.
Early stage technology companies and University spin-outs.
As part of the Techstart II suite of funds there is a £30 million venture capital fund for early stage technology companies and University spin-outs.
Techstart seeks to work with ambitious founders who are intent on creating significant businesses.
As well as managing seed stage equity funds, Techstart manages a Proof of Concept grant programme with applicants being able to obtain grant funding on a competitive basis, ranging from £10,000-£35,000 to explore the viability and commercial potential of an innovative concept.
Key features:
- The Fund Manager looks to back venture scale opportunities at pace. They provide foundational capital from start to scale offering progressive terms and valuations.
- The Fund typically writes the first cheque as early as possible, even at idea stage.
- The Fund Managers provides access to a vast peer to peer community across Northern Ireland and Scotland.
- Techstart Ventures