𝗗𝗼𝗻’𝘁 𝗶𝗻𝘃𝗲𝘀𝘁 𝘂𝗻𝗹𝗲𝘀𝘀 𝘆𝗼𝘂’𝗿𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝘁𝗼 𝗹𝗼𝘀𝗲 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗺𝗼𝗻𝗲𝘆 𝘆𝗼𝘂 𝗶𝗻𝘃𝗲𝘀𝘁. 𝗧𝗵𝗶𝘀 𝗶𝘀 𝗮 𝗵𝗶𝗴𝗵-𝗿𝗶𝘀𝗸 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝘆𝗼𝘂 𝗮𝗿𝗲 𝘂𝗻𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗲𝗱 𝗶𝗳 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗴𝗼𝗲𝘀 𝘄𝗿𝗼𝗻𝗴.
We had an incredible night at the UK Business Angels Association Awards, celebrating early-stage investing. Conduit Connect was honoured to be a finalist for Seed VC of the Year. Although we didn't win, being recognized in this category inspires us to continue driving impactful investments and supporting purpose-driven founders.
The Conduit EIS Impact Fund has a clear mission: to drive capital to founders solving some of the greatest challenges facing people and planet while generating investor returns. The fund invests across four impact themes- Climate, Health, Education, and Inclusion. The Fund is focused on leveraging a combination of resources, including our partnership with The Conduit to enable the next generation of companies to achieve positive impact at scale from a broader set of mission aligned investors.
Our objective is to build a diverse portfolio of scalable impact-driven companies, with the benefit of EIS tax reliefs. See our latest investment into Heatio, link in the comments.
We are thrilled to share a few impact highlights achieved by our portfolio companies in the last 6 months:
RideTandem | B Corp™ is now enabling £5m in wages p/m by using their smart bus service to help employees get to work
Thalamos closed a deal with 6 London NHS trusts to support safer, quicker and more joined-up assessment and treatment of people detained under the Mental Health Act
Zen Educate has facilitated the delivery of almost 2m hours of high-quality education to students whose regular teacher is absent in the last 12 months
SOJO has extended the life of 1.8k garments and is partnering with Marks & Spencer to launch a clothing repair service
Kamma has assessed 218,987 homes for climate & compliance risk and launched a pilot with Octopus Real Estate
The Conduit EIS Impact Fund is currently open for investor subscriptions until its next close on 17th July 2024. Funds will be deployed into 8-10 EIS-qualifying Seed to Series A ventures over 12-18 months from subscription. The minimum subscription is £25,000.
👉 𝗘𝗺𝗮𝗶𝗹 𝗰𝗼𝗻𝗱𝘂𝗶𝘁𝗶𝗺𝗽𝗮𝗰𝘁𝗳𝘂𝗻𝗱@𝘁𝗵𝗲𝗰𝗼𝗻𝗱𝘂𝗶𝘁𝗰𝗼𝗻𝗻𝗲𝗰𝘁.𝗰𝗼𝗺 𝘁𝗼 𝗿𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺, 𝗞𝗲𝘆 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗱𝗲𝘁𝗮𝗶𝗹𝘀
#impactinvesting #eisimpactfund #venturecapital #vcfunding
Investment in the Conduit EIS Impact Fund is restricted to Professional Clients, High Net-Worth Investors and Self-Certified Sophisticated Investors. Always take time when considering your investment decisions. Financial advice is recommended. A fuller summary of risks is available here https://lnkd.in/eWAtPWYG