Eka Ventures

Investor: British Business Bank

Eka Ventures has announced its £80m second fund to back UK-founded startups in the health, wellbeing and sustainability spaces. Summary of transaction details: Value: £80m Sector: Healthcare & Biotech Advisor: Not disclosed Key Entities: Eka Ventures, British Business Bank Location: UK Note: The new fund will target pre-seed and seed-stage UK businesses, with plans to invest in up to 30 companies across the three sectors, supporting founders who are rethinking how we consume, stay healthy and build more inclusive systems.

Eka Ventures has announced the closure of its £80m Fund II, aiming to back 30 UK pre-seed and seed-stage companies. Summary of transaction details: Value: £80m Sector: Business Services Advisor: Not specified Key Entities: Eka Ventures, British Business Bank, Molten Ventures Location: UK Note: This deal marks a significant milestone for Eka Ventures, enabling the firm to further establish itself as a leading early-stage impact VC in the UK, with a focus on health, wellbeing, and sustainability.