Bethnal Green Ventures LLP

United Kingdom

Last updated 11 May 2020, by Impactyield.

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Bethnal Green Ventures helps talented teams launch and scale tech for good ventures that significantly improve millions of lives and deliver great returns for investors. We believe technology changes people’s lives for the better. It can enable new products and services that improve outcomes, it can improve access to the services people need and it can reduce the costs of meeting need. We’ve built a thriving tech for good community which brings together people with an understanding of social and environmental issues with technology developers and investors. Our community has grown at 60% CAGR and now has over 5000 members, with an even wider media reach through the tech for good media platform. We’re best known for our sought-after accelerator programme which we run twice a year. We select ten start-ups per cohort, invest £20,000 in each and provide them with an intensive 12-week programme of advice and support, to rapidly develop, test and launch their business. We then make follow on investments in our most promising teams at pre-seed and seed stages alongside angel investors and early-stage funds. We provide lifelong support to our portfolio from our team, and through our alumni and mentor networks that comprise over 300 technical, sector and business experts.



Financial description

Invest in c100 startup tech for good ventures and support them with advice, mentoring and small follow-on investments, expecting to achieve c5 exits with demonstrated significant positive effects, millions of beneficiaries and substantial enterprise valuations, 8-10 years from startup.

10 years

of track record

2012

the year funded

2,100,000 GBP

AUM

Asset manager

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Encourage companies to adopt sustainable practices and sustainability reporting

Universal access to sexual and reproductive care, family planning and education

Free primary and secondary education

Double the improvement in energy efficiency

Expand and upgrade energy services for developing countries

Key performance indicators

Fund overview

Asset manager: Bethnal Green Ventures

Product track record: Fund has 10 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: , ,

Inception year: 2012

Vintage year: 2012

Target region: , , ,

Target close date: 01/11/2013

Product term: Open-ended

Assets under management: 2,100,000 GBP (Pound Sterling)

Investment size: Min: 15,000; Max: 75,000; Avg: 15,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 88

Fund investments to date exited or repaid: 2

Management fee: 33%

Carried interest: n.a.

Hurdle rate: n.a.

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: Nesta , Social Innovation Camp Ltd, Nominet Trust, Big Society Capital

Limited Partner / Investor Type: Endowments/Foundations, Family Office, Other Institutional Investors

Contact

E-mail: n.a.

Website: http://www.bethnalgreenventures.com

Phone number: +44 (0) 203 6700 550

If you wish to have your details removed from this database please email gdpr@impactyield.com


Joe Ludlow

Partner

Paul Miller

Partner

Impact Performance

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n.a.

Impact thesis

Direct impact: we invest in start-up ventures who are developing innovative products and services with the potential for significant positive effects for users, society and the environment. We focus on outcomes in four domains: education, healthcare, sustainability and civic engagement. We invest in companies with the potential to benefit more than 1m people.
Systemic impact: Increase recognition of the opportunity and benefits of using technology for social and environmental impact (we call this tech for good), to increase demand for tech for good investments, and to increase the number and diversity of people working in tech for good.
We achieve these impacts by: providing the money, advice and tools high potential ventures need to succeed; and growing our tech for good community of diverse people developing, supporting and investing in tech for good ventures

Impact Management

n.a.

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