The fund targets healthcare data, quantum computing, semiconductors, advanced materials, natural capital, and defence technology. Lansdowne Partners have launched a new VC fund to back high-potential UK startups coming from top universities and the nation’s advance hub. But it raised its first $150 million round with support from British Business Bank, Aviva Investors, and lloyds Banking Group. The total target is set at $200 million, expected by December.
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These companies often face a lack of funds that stops them from growing internationally even though the UK has a strong IP foundation. Now, the firm has deep roots in the UK market through early bets on oxford Science Enterprises, Raspberry Pi, Oxford Nanopore, and helsing. “By backing a concentrated set of exceptional businesses with substantial capital and disciplined strategic guidance, we aim to help them realise their potential to be global leaders and drive domestic economic growth while delivering strong returns for our investors,” said Peter Davies, Partner and Head of Developed Markets at Lansdowne Partners.
