InnovationRCA Fund 1
InnovationRCA Fund 1 is a SEIS/EIS Fund set up to invest in early stage companies connected to the Royal College of Art
The fund is managed by Venrex Investment Management LLP, a fund manager regulated by the FCA. In the last 18 months, over £500K has been invested.
Who can apply for investment?
Any business with a connection to the Royal College of Art (e.g. Founder is an RCA student, alumnus, current/former staff member)
What investment amount is available?
The amount is very flexible and depends on the stage of the business. The typical range is £40,000 – £250,000
What stage of company does the Fund invest in?
The Fund typically looks to invest in companies that range from “pre-seed” to “seed / late seed” stage
- At pre-seed stage, the founder should have a clearly differentiated product/offering and a deep understanding of their market
- At seed / late seed stage, the company should display signs of product/market fit and some positive traction
What is the investment application process?
Please submit an “Expression of Interest” form and the InnovationRCA team will be in touch. Applications are reviewed by the InnovationRCA team before being passed on to Venrex, who manages the Fund.
Who is Venrex?
Venrex is a Venture Capital firm based in London. Venrex invest in early stage businesses with strong growth potential and have backed some amazing entrepreneurs from companies such as NotOnTheHighStreet.com, Charlotte Tilbury, Orlebar Brown, Revolut, Just-Eat, Seedcamp and many more. Venrex have a long history of backing early-stage companies, with 90 investments since 2002.
"We launched InnovationRCA Fund I because we believe the RCA is a window to some of the most talented designers, creators and innovators in the world, and we see a great opportunity to support them in their entrepreneurial ventures by providing them with access to seed capital. We are actively looking to extend the reach of our RCA-focused fund so please do spread the word!"