Ananda Social Venture Fund III

Pan-European venture fund investing in high growth social ventures.


The challenge

Social ventures don't always receive the funding or practical support they need to scale.

Our approach

We invested in Ananda Ventures, an established player in the European venture capital space with a clear social mission.

The fund

The Fund invests into businesses at seed, pre-series A and series A stage that have social impact embedded into their business model. As the organisations grow, so does their impact.

Portfolio companies will focus on educational technology, health and employment to support children and young people, ageing population and people with disabilities.

This is a pan-European fund, with a third of the Fund intended for investment in UK-based social impact businesses.

  • Fund size

    £44.5 million
  • Big Society Capital commitment

    £4.5 million

Key information

  • Geography

    UK wide
  • Investment type

    Enterprise equity
  • Fund manager

    Ananda Ventures
  • Investment status

  • Investment date

  • Term

    10 years


  • 8

    Number of ventures supported

  • 63,816

    Number of people benefiting

Sustainable development goals

  • 1: No Poverty End poverty in all its forms everywhere
  • 3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages
  • 7: Affordable and Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all
  • 8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • 10: Reduced Inequality Reduce inequality within and among countries
  • 12: Responsible Consumption and Production Ensure sustainable consumption and production patterns
Alex Stephens.jpg

Alex Stephens

Investment Director (on maternity leave)
Talk to me about:
Social impact bonds (SIBs)