The challenge
Purpose-led startups need funding and high-quality practical support to grow their businesses and deliver impact at scale.
Our approach
We invested with Connect Ventures, an experienced investor, because they have a proven track record of successfully scaling businesses and supporting purpose-led founders to secure follow-on investment as they continue to grow.
The Fund
Connect Ventures Fund III invests in businesses that transform the way we live and work. Part of their investment thesis overlaps with solutions that address social challenges at scale.
Startups in this area of overlap may work across sectors where social impact can be core to a product such as digital health, education, the future of work, and fitness and wellbeing.
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Fund size
£60 million -
Big Society Capital commitment
£6 million
Key information
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Geography
UK wide -
Investment type
Enterprise equity -
Fund manager
Connect Ventures -
Investment status
Current -
Investment date
2019 -
Term
10 years
Sustainable development goals
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3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages -
4: Quality Education Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all -
8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all -
9: Industry, Innovation and Infrastructure Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation -
10: Reduced Inequality Reduce inequality within and among countries
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Other investors
DeAgostini