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Funding London

Funding London is a government-backed initiative based in London that operates as a fund of funds and direct co-investor, focusing on early-stage SMEs. It aims to bridge the funding gap for innovative businesses through various investment vehicles.

Founded
2004
Recorded stages
Pre Seed, Seed
Recorded regions
United Kingdom

Online destinations

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Overview

Funding London is an initiative of the Greater London Authority (GLA) that supports the growth of innovative small and medium-sized enterprises (SMEs) in London. Established to bridge the funding gap for early-stage businesses, it provides both loan and equity financing through various funds, including the Greater London Investment Fund (GLIF) and the London Co-Investment Fund (LCIF). The organization has facilitated access to approximately £150 million in funding for over 1,000 businesses, focusing on sectors that contribute to economic growth and innovation. In September 2023, Funding London merged with the London Treasury, enhancing its capacity to support SMEs across the region.

Focus

Funding London invests primarily in early-stage businesses, particularly in the pre-seed and seed stages. It provides both loan and equity financing through various funds, including the Greater London Investment Fund (GLIF) and the London Co-Investment Fund (LCIF). The organization focuses on sectors that contribute to economic growth and innovation, particularly in digital, science, and technology.

Support

Funding London provides significant value to its portfolio companies through access to funding, mentorship, and strategic guidance. Its Investment Ready Programme equips businesses with the necessary tools to refine their pitches and improve financial models, enhancing their chances of securing further investment. Additionally, the organization connects founders with institutional investors and offers insights into market pathways.

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