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Newable Ventures

Opportunities for EIS investment into ambitious tech-led UK companies

We are the UK’s leading early-stage investment and business angel network

First established in 1982 and known previously as the London Business Angels (LBA), we have developed a deep ecosystem for investing in knowledge intensive companies  in Deep Tech, Med Tech, AI, Space, Robotics and 4IR. Our deal flow partnerships provide us access to 1,500 companies annually.  We have an established network of investment partners who co-invest alongside us. Investment risk is partly mitigated through our selection methodology and due diligence processes, and by looking to leverage the HMRC’s Enterprise Investment Scheme (EIS) tax incentives. Investee companies enjoy access to a full range of Newable’s platform of business support services and product.

 

Invest in our Evergreen Fund

We provide investors with exposure to knowledge intensive companies at the scale up growth stage, without the need to stock-pick or commit management time. Our EIS Scale-Up fund is an Evergreen Fund. There is no termination date and subscriptions are open all year round. The capital is deployed per 12-18 months  per subscription. and our targeted return is 20% IRR / 3x capital. (Capital at risk, please refer to risk warnings below.)

 

Invest on a deal by deal basis

Suited to what are termed ‘active angel investors’. We showcase around 70 companies to our network each year. Following further screening, we facilitate the process whereby investors can join or lead syndicates. Investors can also invest alongside the Fund whilst accessing the DD carried out by our investment team.

Our Portfolio

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The Investment Committee

Mike Walsh

Chief Financial Officer

Mike joined Newable in January 2010. As CFO, he provides strategic financial support on all of our key business activities including acquisitions. He also leads our early-stage investment business as Managing Director of Newable Ventures.

Mike qualified initially as a Chartered Accountant with PwC and has worked for some 30 years in the financial services sector.

Mike has worked mainly in asset management with Invesco and LGT as Group Financial Controller and held senior CFO and COO positions at Credit Suisse Asset Management’s UK business, Deutsche Asset Management Europe and Barclays Global Investors Europe and Asia (exc. Japan).

Most recently, Mike was Global COO at Apax Partners, the major private equity group.

Hitesh Thakrar

Chairman

Venture Partner at Syncona Europe’s largest life science Fund and on the the Board of Alan Turing Institute, UK data science and AI institute. Previously top rated Innovation Fund Manager in global equities for Abu Dhabi Investment Authority (ADIA) and New Star Asset Management. Degree in Chemistry, King’s College, London, MBA Cranfield and CFA Charterholder. Innovation fellow at Cambridge University.

Charles Breese

Investment Adviser

Director at Larpent Newton. Director of Hygea VCT and developer of SmartCo investing. Previous Director at Octopus Investments. Following qualifying as a Chartered Accountant (CA), he worked for KPMG for 13 years.

Anthony Clarke

Investment Adviser

Co Founder/Director of £30m Seraphim Capital VC Fund and £67m Seraphim Space VC Fund. Co Founder and Past Chair of UK Business Angels Association. President Emeritus of European Business Angel Network. Qualified as a Chartered Accountant and Chartered Secretary at Deloitte Haskins & Sells (now PWC).

Dan Hayes

Investment Adviser

Dan has 30 years of Investment experience. The majority of his time has been spent in the equity growth and technology sector, most recently at Abu Dhabi Investment Authority. Dan is an active angel Investor and has an Honours degree in Engineering from Bath University and an MBA from Imperial College London.

Rita Dhut

Investment Adviser

Rita has 25 years of award-winning investment experience in Asset Management, notably at M&G and Aviva. Rita sits on various committees herself such as Ashoka India Equity Investment Trust Plc and The Girls Day School Trust, and holds a degree in Business Studies from City University and is a CFA Charterholder.

Your capital is at risk if you invest in early stage companies. These investments may not be covered by the Financial Services Compensation Scheme. Learn more about these risks.

Newable Ventures Limited (FRN 843924) is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales | Registered number 10303336 | VAT number 237 9198 23 | Registered office 140 Aldersgate Street, London, EC1A 4HY