VGC Partners LLP (“VGC”) is a growth capital investor with a proven track record across five years of seed (SEIS) funds and its £50.25m growth fund. VGC is backed by the British Business Bank as well as by family offices and high net worth individuals.
VGC Partners Technology Seed Fund VI is VGC’s sixth seed fund focussed on brands operating at the intersection between the consumer, digital media and technology sectors. The fund will seek to invest in technology-enabled startups that are solving corporate innovation challenges, with a particular focus on voice technologies.
VGC has partnered for the last two seed funds with Amazon Alexa and their UK incubator programme to provide expert mentorship and business acceleration to British voice technology startups. In addition to Amazon Alexa, VGC has an established network of strategic partners and co-investors to facilitate investment, growth and exit of the portfolio.
While most VCs invest across large segments of the technology sector, VGC is the only consumer, digital media and technology specialist operating in the small-end growth space in the UK. We invest in these sectors because we intrinsically understand these areas and are consumers of these categories. Our focus, including the networks and partners built-up over the years operating and investing in these sectors, puts us at a distinct advantage over competitors and helps win new deals. Since launching its first SEIS fund in 2017, VGC has invested £4.0 million across four seed funds in 25 companies and is investing the 2021/22 seed fund of £1.1m with investments so far including Retinize, an innovative virtual reality animation studio based in Northern Ireland.
VGC Partners Technology Seed Fund VI will make SEIS-qualifying investments of up to £150,000 in technology-enabled companies that are addressing corporate innovation challenges and have developed at least a minimum viable product (MVP), but are more likely to already be revenue generating and showing signs of rapid user or customer adoption and scalability. Investee companies will typically receive technical mentorship, business acceleration and marketing support from the Fund Manager’s corporate partners, as well as access to follow-on funding from VGC Partners or its network of corporate partners and VCs. The manager will deploy all investor capital within the 2022/23 tax year.