VGC Partners launches £1m Technology Seed Fund IV for early-stage tech start-ups.
The London-based growth capital firm has launched a £1m fund headed by Parminder Basran to back early-stage technology companies.
London-based growth capital investor managing funds across consumer, media, and technology sectors. The firm takes significant minority stakes in private companies to help optimise value and support trade sales.
London-based growth capital firm VGC Partners has launched its £1m Technology Seed Fund IV to back early-stage technology companies addressing corporate innovation challenges. Headed by Parminder Basran, the fund will target up to ten investments across sectors including FMCG, health and wellness, sustainability, digital media, e-commerce, and fintech during the 2020/21 tax year. Portfolio start-ups will also be eligible to participate in Amazon's Alexa Incubator Programme and benefit from partnerships with Zag and other corporate entities.
Investor perspective
"As a growth capital investment firm, we want to support new companies built around the voice economy, and this is an excellent opportunity to help British voice start-ups take their business to a level where they can raise follow-on capital from VGC Partners, other venture capital investors or corporate companies."
Parminder Basran
Managing partner, VGC Partners
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
About the company
VGC Partners
Growth capital investor backing early-stage technology, media, and consumer companies.