The UK Innovation Investment Fund (UKIIF) supports the creation of viable investment funds targeting UK high growth technology-based businesses.
It has invested through two underlying funds of funds – the UK Future Technology Fund, which has now ceased making new investments, and the Hermes Environmental Innovation Fund .
Each of these invests into venture capital funds which make investments in strategically important sectors to the UK, including digital technologies, life sciences, clean technology and advanced manufacturing.
Venture Capital fund managers should contact the Hermes Environmental Impact Fund directly when seeking investment.
There has been £159 million committed into underlying funds, capable of making £2.2billion of investment capital available to companies.