Nesta Impact Investments: Launches £50M Strategy to Back Startups

Nesta Impact Investments Launches £50M Strategy to Back Startups

• Nesta Impact Investment, the London, UK-based investment arm of UK social agency Nesta, launched £50m investment strategy that will enable them to support early stage technology businesses
• The new strategy aims to underpin and augment this position as Nesta invests in a new generation of game-changing startups
• Over £25m of the £50m fund has been allocated to invest directly in early stage startups over the next five years
• With this new fund, the team at Nesta Impact Investments will be making investments of between £500k and £1m in Seed-Series A stage startups, with the ability to invest up to £4m over multiple rounds
• Since 2012, Nesta Impact Investments has invested directly in over 30 early-stage companies from two previous funds