Scaleup programmes
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London Business Angels (Newable Ventures)
Finance and Risk Capital
Impact for scaleups
58
UK companies backed
18%
Follow-on investments
43%
Investments outside London
34
Growth-stage investments
Key sectors
Newable Private Investing (originally London Business Angels) backs entrepreneurs with a network of more than 500 early angel investors, focusing on early stage and scaling businesses in medtech, AI, space, robotics and industrial technologies.
The network invests via its own fund, curating syndicates and engaging with co-investment partners. In the past two years, the network has participated in more than 50 EIS investments raising £36m.
Scaleups that it has backed include Q-Bot, Hummingbird Technologies, Threads Styling, and Media Sense.
Newable has also launched three scale-up funds. The Newable Scale-up Fund 3 targets the funding gap that exists for companies which have potentially de-risked their technology, developed traction with customers and now seek funding to scale their commercial operations. It provides investors with a diversified portfolio of seven to ten qualifying companies per investment.
Scaling and scaleup businesses have access to a range of business support services from a team of business and innovation advisers, including help with business model innovation, including the development and implementation of business models that are new to the firm; support to progress new products or services; develop or refine their digital strategy; and achieve their sales and growth ambitions.; assistance with Intellectual Property (IP) awareness and commercialisation; access to further funding (eg via grants and other investors) and investment readiness and pitch preparation; support and advice services to access international markets including the development of a tailored export growth action plan; market insights; connectivity with buyers and partners overseas; and access to trade fairs; and support programmes for female-led and diverse founders.
