Fhunded

Fhunded is an early-stage investment initiative launched in July 2023 by Lancashire County Council. Its mission is to facilitate connections between founders and funders in Lancashire's innovative industries and high-growth sectors. The initiative addresses the lack of early-stage finance available to businesses outside of London, particularly supporting entrepreneurs from underrepresented groups. Fhunded has facilitated over £21 million in equity investments into local startups, including notable companies like Fuuse and PetProov. The initiative also includes the Fhunded Angels network, which provides seed capital to local startups and hosts various events to connect founders with potential investors.

Fhunded adds value to its portfolio companies by providing access to a network of investors, tailored investment-readiness support, and curated events that connect founders with potential funders. The initiative also focuses on fostering a collaborative ecosystem that encourages innovation and growth among Lancashire startups.