Raising Investment

Technology development is expensive but funding can be covered by raising capital from a wide range of sources.

Science-based startups typically get through the Proof of Concept phase using commercialisation grants from government bodies. They then tend to take on ‘angel’ funding from wealthy individuals or from Venture Capitalists (VCs).

We will work with you to produce a convincing business case and source funds across a wide a range of sources – as appropriate. We will help to prepare your business plan and pitch, and create introductions to our network of angels and investors. We will then act as an advisor throughout the deal negotiation.

Translational Grants

We have significant experience in securing and managing translational awards, helping to secure £27m in just over three years. We keep a close eye on relevant grants and can assist with applications.

We will often sit on award steering groups to ‘guide’ process:

  • Identification and mitigation of commercial risks
  • Can bring in sector specialists for detailed assessment
  • Guidance of technology to ‘commercial outcome’ ie. license deal, spin-out company formation and financing, etc

Translation grants are available from non-profit organisations and a range of niche competitions. It is often worth applying to these sources as it allows you to increase the value of the company before taking on dilutive equity funding.

A few places to start are:

For more information click here.

(Past performance is not a reliable indicator of future results.)

Friends and family

Loans or donations from your family and friends can be a great source of cash for your business without giving away equity. But make sure that your benefactors are aware of the risks and that if the business fails, the money would most likely not be recovered.

Business Angels and Angel Syndicates

Business angels are wealthy individual investors who invest in young businesses, usually in return for equity. A business angel could potentially bring not only money but invaluable advice, contacts and sector knowledge. An angel will often ask for a seat on the board and will seek to have some level of involvement. Angels could also work in groups called ‘Angel syndicates’. They are usually represented by a single angel leading the investment.

Crowdfunding

Crowdfunding can be used to raise funds from a large collection of individuals, usually via internet platforms.

  • Equity based crowdfunding is where equity is given away in return for the investment. Often, company shareholders hold a tiny fraction of the company due to the mass-sourcing nature of crowdfunding.
  • Reward/donation based crowdfunding is where the funders receive goods or non-equity rewards in return for investment, or none at all in the case of donation.

Venture Capital investment

Venture Capital (VC) funds typically invest large sums (£250k-£100m) in later stage companies which have a clear business model. Although there are exceptions to the rule and some funds will make riskier investments into seed-stage and pre-revenue companies.

In return for their funding, a VC investor will take an equity stake and usually a seat on the board of directors. Good VCs will have investment staff highly focused on a specific sector as they will seek to get deeply involved in scaling the company.

We will help you reach out to the right investor at the right time.