Founded
29 Jun 2009

Address

Other Office
125 Norfolk Street
2 St Paul's Place
Sheffield
S1 2FJ
United Kingdom

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Business classification

VCID: 3268
    Profile

    Corporate information


    Registration country
    Investment activity status
    Active investor

    Company type

    UK government fund of funds for investment in technology funds

    Overview

    The UK Innovation Investment Fund (UKIIF), announced by the UK Government in June 2009, is a venture capital fund of funds that aims to drive economic growth and create highly skilled jobs by investing in innovative businesses where there are significant growth opportunities. The UKIIF attempts to mark a step change in the UK venture capital (VC) market by establishing a substantial fund of funds that will replicate the best US funds by making investments at all business stages, with the market scale that can build companies with global reach. The underlying funds within the UKIIF fund of funds will invest in technology based businesses in strategically important sectors to the UK including digital technologies, life sciences, clean technology and advanced manufacturing.

    Fund terms

    Funding rounds

    Fund Closing GBP 325,000,000


    (1 Dec 2009)

    Profile Country Notes
    HM Treasury United Kingdom

    Fund Closing GBP 1,000,000,000


    USD 1,652,900,000 (29 Jun 2009)

    Current and past shareholders

    Investor Round
    HM Treasury logo HM Treasury
    Fund Closing