Eka Ventures Launches £80M Fund II to Back UK Startups in Health and…

Team S · 2026-04-14T14:26:49.000Z

London-based venture capital firm Eka Ventures has closed its £80 million Fund II, marking a significant step in scaling early-stage impact investing across the UK startup ecosystem. The fund is backed by a strong group of institutional and impact-focused investors, including a £40 million cornerstone commitment from the British Business Bank, alongside Better Society Capital, Guy’s & St Thomas’ Foundation, The Health Foundation, WRAP, Esmée Fairbairn Foundation, John Ellerman Foundation, and Vivensa Foundation. Eka Ventures plans to deploy the fund across up to 30 UK-based startups at the pre-seed and seed stages, with a focus on companies operating at the intersection of technology, health, wellbeing, and sustainability. The firm typically invests between £1 million and £3 million per company, aiming to support category-defining startups from the earliest stages. Founded in 2018, Eka Ventures has positioned itself as one of the UK’s leading early-stage impact investors, targeting sectors where commercial growth aligns with measurable societal outcomes. Its investment thesis centers on structural shifts such as preventative healthcare, sustainable consumption, and inclusive access to essential services. The new fund builds on the success of its first fund, which has backed startups including Runna, Urban Jungle, and Hived, several of which have gone on to raise follow-on funding from top-tier venture firms. As the venture ecosystem evolves, the rise of impact-focused funds like Eka Ventures reflects a broader shift toward investing in startups that combine financial returns with long-term societal value. With this fund, Eka is positioning itself at the forefront of a new generation of venture capital that prioritizes both performance and purpose.

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Eka Ventures Launches £80M Fund II to Back UK Startups in Health and… | Newnex