The challenge
Technology startups have the potential to catalyse change and social impact by delivering products and services that meet people’s needs better. Their business models can allow them to scale rapidly and reach more people more effectively. It can be transformative in the right context, with the right intent, and with a business model aligned to impact.
However, the financing available to tech startups could do more to support or encourage them to focus on positive social impact.
Our approach
We believe that by working with market leading venture firms like Balderton Capital, we can help tilt the venture ecosystem towards impact and support impactful startups that improve people’s lives across the UK.
The Fund
Balderton Capital will invest in the UK and Europe’s best growth stage technology companies, many of which have the potential to deliver strong economic, social and/or environmental outcomes on a transformative scale.
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Fund size
£480 million -
Better Society Capital commitment
£5 million
Key information
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Geography
United Kingdom -
Investment type
Enterprise equity -
Fund manager
Balderton Capital -
Investment status
Current -
Investment date
2021
Sustainable development goals
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3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages -
4: Quality Education Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all -
8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all -
12: Responsible Consumption and Production Ensure sustainable consumption and production patterns