Lansdowne Partners has launched a venture capital fund focused on backing high potential UK companies emerging from the country’s world class university research base and start up ecosystem. The fund announces a first close of $150 million and will hold a second and final close in December, with indicated interest in excess of the fund cap of $200 million. The fund is anchored by British Business Bank, Aviva Investors, and Lloyds Banking Group, with additional backing from Lansdowne investors and internal partners’ capital.
With this strong institutional support, the fund aims to bridge the gap between early-stage innovation and global commercial success. Lansdowne Partners strongly believes that this strategy offers exceptional potential returns given UK IP is often significantly undervalued relative to international peers. To realise this potential, Lansdowne Partners will work closely with founders to develop their ideas ambitiously, while maintaining rigorous financial discipline.
Source: Lansdowne Partners launches VC fund to scale UK innovation to global commercial success
