England’s VC firm Haatch secures €11.9M to fuel UK’s pre-seed B2B SaaS founders

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Stamford-based venture capital firm Haatch has secured an additional £10M (approximately €11.98M) investment from British Business Investments (BBI).

Adam Kelly, MD at British Business Investments, adds, “We are pleased to continue our support with a new commitment of £10M, taking our investment to £20M.”

“Our Regional Angels Programme is designed to address imbalances in access to early-stage finance in the UK and increase the overall amount of capital available to smaller businesses through angel networks.”

“This further investment will allow Haatch to continue to drive more capital into the Nations and Regions of the UK.”

Capital utilisation

The investment supports Haatch’s focus on funding UK pre-seed founders.

Scott Weavers-Wright OBE, co-founder and General Partner at Haatch, says, “We are proud to strengthen our partnership with British Business Investments.”

“Their increased commitment enables us to continue supporting high-growth businesses across the UK and drive more capital into underserved regions, building on our track record of already investing over 70 per cent outside of London.”

“This validation of our strategy reinforces our ability to scale investments and deliver long-term success for our portfolio companies and investors.”

BBI, a subsidiary of the British Business Bank, has doubled its investment in Haatch’s SEIS and EIS funds through the Regional Angels Programme, supporting early-stage capital access for UK startups.

“The additional investment from BBI further validates our proven strategy of identifying and scaling high-potential early-stage businesses,” says Haatch. 

The increased commitment allows Haatch to add £85,000 to each £250,000 investment made.

The partnership!

Since its inception, Haatch and BBI have co-invested in 93 companies, including Aerocloud, which closed a $12M Series A round, and Data Literacy Academy, which secured a seven-figure contract with Grant Thornton after receiving pre-revenue backing.

Haatch has invested in over 120 companies, with a collective portfolio valuation exceeding £900M. The latest investment enhances its ability to support the next wave of B2B SaaS startups.

BBI’s increased funding boosts capital access in underserved regions and strengthens Haatch’s role in UK early-stage investing.

For the founders, the additional funding allows Haatch to offer £325,000 pre-seed SEIS investments instead of the typical £250,000, providing early-stage founders with more capital to grow, build teams, and extend runway.

“For our investors, this increased firepower gives us even greater weight to secure the best deal flow and reinforces the strength of our position in the market,” says Hatch in a statement. 

“It also serves as strong validation and conviction in our investment thesis, with BBI doubling down on their commitment to our approach.”

Brief about Haatch’s SEIS & EIS funds

The Haatch SEIS Fund provides investors with a diversified portfolio of 10-15 pre-seed B2B software companies. It targets a 5x return (not guaranteed) and invests in less than 5 per cent of reviewed companies. Qualifying investors can access SEIS tax reliefs, including 50 per cent income tax relief. The fund co-invests with British Business Investments in every deal.

The Haatch EIS Fund provides investors with a portfolio of 4-6 seed-stage B2B software companies on a path to scaling. It targets a 3x return (not guaranteed) and offers 30 per cent income tax relief for qualifying investors. The fund backs top SEIS performers and new companies, co-investing with British Business Investments.

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Vishal Singh

Vishal Singh is a News Reporter and Social Media Marketing Lead at Silicon Canals. He covers developments in the European startup ecosystem and oversees the publication's social media presence. Before joining Silicon Canals, Vishal gained experience at the Indian digital media outlet Inc42, contributing to its growth with insightful content. Despite being a college dropout, his passion for writing has driven his career in journalism.

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