Future Fund

"We are thrilled to have successfully closed this latest funding round with a great thanks to our investors. When thinking of data, people most often think of engineers, developers and IT teams using and manipulating that data with little to no input from the wider business, but people need to think beyond this limiting view. Using this important data to create a visual intelligence ecosystem that can be understood and accessed by every working individual is the key to untold improvements and will be beneficial game-changing for any organisation."

"This investment allows us to create financial stability for 100s of thousands more customers in the UK. We will offer more products to eliminate financial stress for our customers and partners."

"Despite an incredibly challenging year, the Hive platform continues to provide a key service to more and more organisations as they evolve their remote working operation. Today’s transaction is a further testament to all that Hive has achieved since we originally invested in 2019 and our belief in the future growth of the company. John and his team have created a strong business and we look forward to working with them as they accelerate their development plans."

"Our positive customer feedback and strong partner support continue to give us confidence in what we are doing, and the strength to continue to make an impact. Together we will keep on having fun, making money, and doing something good as we help companies navigate an increasingly complex regulatory environment."

"this investment will allow us to move the company into the next phase with a system that has a place in a clinical workflow and more exciting functionality to come as soon as clinical data collection can re commence"

"At the heart of the eviid platform sits our unique patented evidential technology as well as a robust system for handling video in enterprise contexts. It’s incredibly scalable, with applications in numerous sectors beyond the ones we are serving today. The pandemic has really put video on the map and businesses around the world have realised how much can be done remotely. We have a long-term solution for this – a secure and proven system for integrating video and images into business workflows."

"The SatSense founders have taken technology that was once only available to governments and research institutes and made it accessible for day to day business use. Our system is the only one that offers instant access to highly accurate, near real-time data over huge areas. The service will become all the more important given the impact of climate change. As hotter summers and wetter winters exacerbate seasonal changes in ground conditions, it will allow us to identify areas worst affected and provide warnings on infrastructure or properties at risk."

"It was a pleasure to work with Ian and the team and support their rapid growth. Our latest investment in Boiler Plan is a real testament to what the business has achieved so far, and the funding package is a great example of our regional funds working together to allow a British business to capitalise on new market opportunities across the UK."

"We are extremely pleased with the continued backing from our investors and strategic customers. The new capital will be instrumental in helping us accelerate our expansion into sustainable finance management. We are already working with banks across the world helping them accelerate their green-banking strategies with our Carbon Insight solution. Our Carbon Insight solution is going live with banks in 4 different countries during 1H 2021 and the demand is accelerating."

"This is a really exciting time for Haystack. This funding will allow us to continue the incredible growth we’ve seen since we officially launched in November 2020"

"We are very grateful to our existing investors for their continued support and to the UK Future Fund for providing matched funding. The funds received will enable Linear Diagnostics to develop a prototype single use cartridge and reader for our duplex test for chlamydia and gonorrhoea."

"We founded Soccer Manager with a vision to create high-quality football games that the whole world could play."

"The social ad space is constantly evolving, and organisations must remain dynamic to ensure more than ever that they are engaging customers and creating bespoke experiences to satisfy those customers. Leaf is helping businesses cost-effectively acquire and retain high-value customers in what is an increasingly competitive environment. Gilbert has built an impressive business and we are delighted to support the business as it enters an exciting new phase of growth."

"Isotropic Systems is extremely well positioned to unlock a new age of high-powered, multi-orbit connectivity with our next-gen multi-beam antenna,"

"David and his team have won international recognition for their work and their platform opens up new possibilities for businesses in areas such as construction, transport and logistics, product development and manufacturing. We are pleased to be able to fund them once again to help them launch their product into the market."

"The events of the past year have made workplace mental health issues front of mind for many, but these are problems which have long needed solving. It’s vital that, in today’s knowledge-driven economy, workers have access to high-quality mental health support that’s barrier-free, stigma-free, and free at the point of use. And that’s exactly what Spill will be able to deliver dramatically more of with the help of this latest funding round, led by Ada Ventures. We’re excited to help more companies create environments where people feel secure, engaged, and fundamentally understood — which is not only the humane thing to do for the team, but it’s the smart thing to do for the business. "

"We at Eyoto have all the ingredients to become a major force within the embryonic field of tele-optometry: a great team, a range of game-changing technologies and, as this funding round proves, supportive investors."

"Most of the world’s videos – billions of hours of content – are shackled to a single language. And that’s for a simple reason – quality dubbing is prohibitively expensive and time-consuming, so current solutions only work for a select group of deep-pocketed content owners. Speech translation technology fundamentally changes the dynamics of how content is distributed and monetised. The technology we created will level the playing field – allowing all forms of video and audio to be consumed in any language, therefore vastly multiplying the potential reach for all content creators."

"Since bringing our product to market, we’ve seen an incredible demand for our services that has only accelerated, despite the current economic climate."

"This is one of the most highly-anticipated stages of our business and a really important step. We’ve spent time talking to our customers and industry specialists, and seen huge enthusiasm for DK-One’s potential. Now up and running, this will be the first time we can use a pre-production machine to demonstrate the DK-One’s commercial and nutritional benefits in the real world and thus demonstrate our vision for the future of food. I am proud of our amazing team for the work they’ve done to get this far this quickly, despite the challenges of the pandemic. We are all really excited to begin fulfilling our customer’s expectations."

"Launching a crowdfunding campaign has been an ambition of ours for some time,"

"Over the years we’ve seen innovators making use of open banking, shed light on financial health and provide credit, however Updraft provides a truly unique offering across all of these aspects with a market leading solution to give customers the fairly priced credit they deserve. We’re delighted to invest in Updraft and support the business on their mission to give consumers the tools to save and reach their life goals faster."

"We are delighted to welcome LCIF2 as an investor in KisanHub. This investment will enable us to grow the business in the UK and Europe and strengthen our links with local and national governments"

"The UK government’s Future Fund has been hugely effective for many businesses and is a welcome addition to the business finance landscape, especially in the current climate. The fund is part of the government’s desire to support the UK’s most innovative companies to flourish and to drive economic growth. This fundraising will accelerate our international expansion as well as attract additional future investment sources, from both within the UK and externally."

"We’ve been extremely busy supporting our credit union partners during Covid-19. The lockdown not only escalated the need for credit unions to offer their members digital access, but also to communicate with them more regularly and effectively, something our technology also enables them to do. Credit unions have been at the forefront of supporting financially excluded and often vulnerable individuals and families over recent months, so we are delighted to offer them technology which not only better supports existing members in a digital world, but also enables them to promote their message of ethical, supportive banking to a wider audience."

"The ability to continuously monitor and predict corrosion onset will not only change the way industry approaches inspections and maintenance, but it will also reduce risk and save time and money. CorrosionRADAR is leading the way in using advanced digital technologies to respond to this global challenge and will continue to achieve its ambitious growth plans."

"The current pandemic has hit small businesses a lot harder than their larger, established counterparts. The economy is experiencing significant turbulence right now and the business landscape will be unrecognisable in a year's time. As a small business championing small businesses, this investment will speed up our ability to deliver bespoke insurance to underpin individual business needs. Helping businesses to not only weather this storm, but scale and thrive."

"A number of the market sectors we operate in, such as Waste, Haulage, Civil Engineering and Telecoms are vital to keep the country going and even more so during the pandemic. The principles of our software solutions have always given our customers the ability to operate remotely and from anywhere through cloud-based control systems and mobile apps. This approach continues to support social distancing and sanitary working practices."

"I’m delighted to see Iventis make huge leaps forward in its growth. The company is recruiting talent from within the events industry, which has suffered immensely during the pandemic. We already have high-profile early adopters of the Iventis software, many of which are relying on its capabilities to reschedule and redesign their events."

"AlphaSwap’s community-driven platform delivers better ideas, unique portfolios and rich data to institutional investors"

"Financial services are one of our key industries here in Leicester and Leicestershire, so I’m very pleased that the MEIF was able to support a business that is taking an innovative approach to helping businesses manage profitability. The LLEP is committed to supporting our businesses through COVID-19, so it’s great to see such a streamlined solution to rebates that will be of great benefit to the wider business community."

"Positive behaviour change in individual travel modes generates increased physical activity, a shift change in transport and significantly reduces CO2 . Healthier lifestyles, improved air quality and a major contribution to climate change ensue. The forward thinking of the CASS Entrepreneurship Fund and the innovation of the Government’s Future Fund Scheme ensure that BetterPoints technology can be developed further, through the Covid-19 pandemic, to accelerate this behaviour change – and produce a rich seam of data – with the public sector and private businesses, in the UK and internationally"

"We are so pleased that Seraphim Capital and Opea Holdings are continuing to invest in Bamboo with another strong show of support for our unique server architecture,"

"This round means big things for Chip. The growth we’ve seen this year has been incredible, but it’s time to take the business to the next level. Right now we are presented with a huge opportunity to capture a slice of Europe’s €30 trillion savings market that’s ripe for disruption, and Chip is poised ready to accelerate and dominate this space as a market-defining savings and wealth management app."

"MyPathway has really proved its worth during the lockdown. With routine appointments having to be cancelled, it has made it so much easier for hospitals to communicate with patients and keep track of their condition."

"We were in the middle of raising our seed round when COVID hit and fund raising largely paused as investors re-assessed, recalibrated and got used to a Zoom-first world,"

"The future fund is a much-needed and welcome initiative for us,"

"The opportunity in heat networks continues to grow and Minibems is ideally positioned to capitalise on this with their unique offering. Heat networks need Minibems to become efficient and low carbon"

"Magnitude has demonstrated high agility and resilience during the pandemic and has proven to be a fast growing business in trying times. Our investment will consolidate its position as a rising contract research services provider to the UK’s biotech sector."

"The challenges facing young people are huge, with a massive wealth imbalance, a complex financial system and little help. We’ve been planning, testing and building Nude to make the financial world fairer and easier, starting with helping people buy their first home faster and easier than ever before."

"We’re always excited to see how the companies we’ve worked with continue to grow and innovate producing cutting edge research. Liopa is doing some critical work and using their research to provide solutions in a particularly challenging time. We’re pleased the team are getting the funding they deserve to continue this work."

"At Habito, we’re on a mission to make mortgages easier for anyone who wants to own a home in the UK. For too long, the odds have been stacked against customers who still have to put up with poor service, uncompetitive products and punishing loyalty penalties. The tide is turning on traditional home financing and we’re here to usher in a new future of home financing that combines the very best of human expertise with the efficacy of technology and reduces cost, stress, time and friction for all."

"We are excited to lead this round as we recognise Wejo's huge potential and believe in the value it provides not just to car companies but also to end-user customers of its big data insights and analytics. We are confident Wejo is in the right position to take advantage of this clear opportunity to become a leader in the market, shake up the automotive industry, and enable the full digitalisation of mobility."

"COVID is driving seismic shifts in the way people move around cities. As Londoners look forward to a new way of living and working, there’s an opportunity to change our daily lives to be healthier and more sustainable. This is where Buzzbike can help. For key workers in the city, cycling has proved a safe way of getting round, and we gave free bikes to NHS staff at the start of the crisis."

"We’re tremendously proud that our existing investors have stood by our vision to disrupt the mobility sector. We’re continuously moving our product forward and this fundraise will allow us to accelerate the development of our Demand Responsive Transit and smart mobility platform allowing transport operators to improve their profitability and increase their ridership"

"Plum is becoming the one single app for all your financial needs"

"Our work in the US and the success of the trials we have run to date have demonstrated the potential of our technology and encouraged us to pursue other applications. With this financing and the backing of our investors we can accelerate our mission of delivering effective and non-invasive solutions for some of the most common and debilitating medical conditions."

"The funding will allow us to help more early stage businesses who find themselves in challenging times and need to revise their plans due to the crisis"