Bristol tech fund raises $100m
A Bristol based firm which invests in advanced technology firms has closed its second fund.
SCVC invests at the early-stage in pre-seed/seed rounds,and support through to series A funding.
The fund focuses on advanced technologies from biotech to quantum tech.
It partners with companies aligned with its mission of “improving the health of people and the planet”.
Co-founder Harry Destecroix confirmed that the firm had closed its second deep tech VC fund which had a target of $100m.
He said: “An enormous thank you to the SCVC team, our investors, our advisers and SCVC portfolio companies, without whom nothing would be possible”.
“This milestone accelerates SCVC, and the whole Science Creates ecosystem, on its mission of empowering more scientists to become founders so they can advance the health of people and the planet.”
