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Future Fund

Future Fund

Government

The Future Fund is a government-backed scheme supported by the British Business Bank.

Portfolio

57

companies

By category

  • FinTech£108M
  • IoT£32.4M
  • BioTech£11.3M
  • MedTech£10.8M
  • Infrastructure£10.0M
  • Other£73.3M

By location

  • London£172M
  • Newcastle upon Tyne£14.3M
  • Cambridge£13.8M
  • Manchester£10.0M
  • United Kingdom£7.5M
  • Other£27.3M

Portfolio companies

AM

Additive Manufacturing Technologies

Additive Manufacturing Technologies builds automated post processing systems for industrial 3D printing.

AD

Advanced Digital Innovation

Advanced Digital Innovation develops remote patient communication software for healthcare providers.

Aero Commerce

Aero Commerce

Aero Commerce provides ecommerce platform solutions for online retailers.

A

AlphaSwap

AlphaSwap runs an investment technology platform that aggregates equity insights for institutional clients.

BLOK

BLOK

Hybrid fitness studio and digital training platform combining physical spaces with online classes.

BS

Bamboo Systems

Bamboo Systems designs Arm-based servers that reduce energy consumption and rack space.

View all 57 companies
B

BetterPoints

BetterPoints builds technology that encourages sustainable mobility and behavioural change.

BlackCurve

BlackCurve

BlackCurve provides pricing optimisation software for ecommerce businesses.

BP

Boiler Plan

Boiler Plan provides an online platform for purchasing and servicing boilers.

Buzzbike

Buzzbike

London-based bike subscription platform offering commuter cycles and corporate schemes.

Canaree

Canaree

Canaree offers a software platform that helps early stage businesses manage their financial forecasting and modelling.

Chip

Chip

Chip provides digital savings and automated investment services.

CorrosionRADAR

CorrosionRADAR

CorrosionRADAR provides smart monitoring systems to detect and predict industrial corrosion.

E

Eyoto

Eyoto develops tele-optometry equipment and optical software for remote eye examinations.

Fronted

Fronted

Fronted provides alternative rental deposit loans for tenants.

Glint Pay

Glint Pay

Glint Pay provides a mobile application allowing users to spend, save and share physical gold and other currencies.

Habito

Habito

Habito provides digital mortgage brokerage and lending services to simplify homebuying in the UK.

H

Haystack

Haystack connects technology professionals with employers through a recruitment matching platform.

H

HiveHR

Employee listening platform for modern workforces.

IS

Isotropic Systems

Isotropic Systems builds advanced multi-link antennas for satellite communication.

I

Iventis

Iventis provides collaborative planning software for large-scale events.

K

Karakuri

Karakuri builds automated robotic canteens for the food and hospitality sector.

K

KisanHub

KisanHub provides an online platform that streamlines data collection and decision making for agricultural supply chains.

L

Leaf

Leaf provides end-to-end performance marketing services for eCommerce businesses.

Libryo

Libryo

Libryo provides cloud-based compliance software that helps organisations navigate environmental, health and safety regulations.

LD

Linear Diagnostics

Linear Diagnostics develops rapid point of care diagnostic platforms using linear dichroism technology.

L

Liopa

Liopa develops automated lip-reading technology for video transcription and healthcare communication.

Magnitude Biosciences

Magnitude Biosciences

Magnitude Biosciences provides nematode worm testing services to accelerate preclinical drug discovery for biotech firms.

M

Mashroom

Mashroom operates a digital lettings and property management platform for landlords and tenants.

Meniga

Meniga

Meniga provides digital banking and personal finance management solutions for major financial institutions.

Micrima

Micrima

Micrima develops radio-wave breast imaging technology for clinical use.

Minibems

Minibems

Minibems provides an internet of things platform and managed service to optimise heat networks.

Nebeus

Nebeus

Nebeus provides crypto backed loans and financial services to connect digital assets with everyday cash.

N

Neurovalens

Neurovalens creates wearable devices that stimulate the brain to address metabolic and health issues.

Nude

Nude

Nude builds a savings app and financial coaching platform to help people buy their first home.

P

Papercup

Papercup provides AI video and audio dubbing services featuring expressive synthetic voices.

PlaqueTec

PlaqueTec

PlaqueTec develops intracoronary liquid biopsy technology to identify inflammatory drivers of cardiovascular disease.

Plum

Plum

Plum provides a smart money application that helps users automate savings and investments.

Pockit

Pockit

Pockit provides digital banking services for low income and financially excluded groups.

P

Propio

Property lender preparing to launch a peer-to-peer lending platform.

QuantuMDx

QuantuMDx

QuantuMDx builds rapid point of care PCR diagnostic devices.

RS

Recruitment Smart

Recruitment Smart builds artificial intelligence software for enterprise talent acquisition.

SatSense

SatSense

SatSense builds satellite-based technology to detect ground movement and subsidence.

SS

Slingshot Simulations

Digital twin and decision intelligence software provider.

SM

Soccer Manager

Soccer Manager develops online football management games for a global audience.

Spill

Spill

Spill provides remote mental health support for companies through workplace messaging tools.

Spinview

Spinview

Spinview builds visual intelligence platforms and digital twins for the built environment.

S

SteadyPay

SteadyPay provides financial stability products for gig workers and micro enterprises.

Summize

Summize

Summize offers an artificial intelligence powered contract lifecycle management platform.

Superscript

Superscript

Superscript provides digital-first insurance solutions for small businesses and technology companies.

Updraft

Updraft

Updraft provides loan refinancing solutions to help members understand their financial profiles and pay off expensive debt.

U

UrbanThings

UrbanThings builds smart mobility and ticketing software for transport operators.

W

Wejo

Wejo provides smart mobility cloud and software solutions for connected vehicles.

YF

YR Free

YR Free provides secure technology for digitally recorded media via a video collaboration platform called eviid.

e

e-Bate

Software firm providing a platform to manage corporate rebate and incentive schemes.

f

fissara

fissara offers a software platform for planning and managing mobile workforces.

incuto

incuto

Digital banking platform provider for credit unions and community banks.


Recent investments

£6.4M

The funding will support the ongoing BIOPATTERN trial and the expansion of the BIOCARTA database.

"CAD is a leading cause of death worldwide and represents an area with significant unmet medical need. The continued support from our existing investors and additional funding from the Future Fund reinforces the potential of our technology and BIOCARTA database, and brings us closer to achieving our vision of opening a new frontier of precision medicine for millions of patients with CAD worldwide."
— Martin Stapleton, Chairman
Seed
£5.5M

The pre-Series A round was backed by Alchemmy, the Future Fund, and angel investors.

"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."
— Linda Wade, CEO
Series A
£3.8M

Digital Horizon led the Series A round for the financial stability platform, with participation from Ascension Ventures and the UK government.

"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."
— John Downie, Co-founder and CEO
Seed
£500K

The financing round was led by Maven Capital Partners alongside the government-backed Future Fund.

"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."
— David Nixon, Senior Investment Manager