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18th April 2019

Newable Ventures Scale Up Fund 2 deploys £1m across 6 companies

The Newable Ventures Scale Up Fund 2 has completed its year-long investment cycle, havig invested £1 million into a diverse portfolio of early stage companies spanning the materials, spacetech and software sectors. Investee companies were based across the U.K (Newcastle, Oxford, Cambridge, Bristol and London) and round sizes ranged from £500k to £2.8m. The fund which was able to leverage Newable Group’s wider office space and advisory service offerings, targeted scale up companies where technology risk had been mitigated and capital was being used to ramp up commercial operations.

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