Conduit Connect’s Post

𝗗𝗼𝗻’𝘁 𝗶𝗻𝘃𝗲𝘀𝘁 𝘂𝗻𝗹𝗲𝘀𝘀 𝘆𝗼𝘂’𝗿𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝘁𝗼 𝗹𝗼𝘀𝗲 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗺𝗼𝗻𝗲𝘆 𝘆𝗼𝘂 𝗶𝗻𝘃𝗲𝘀𝘁. 𝗧𝗵𝗶𝘀 𝗶𝘀 𝗮 𝗵𝗶𝗴𝗵-𝗿𝗶𝘀𝗸 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝘆𝗼𝘂 𝗮𝗿𝗲 𝘂𝗻𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗲𝗱 𝗶𝗳 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗴𝗼𝗲𝘀 𝘄𝗿𝗼𝗻𝗴. We had an incredible night at the UK Business Angels Association Awards, celebrating early-stage investing. Conduit Connect was honoured to be a finalist for Seed VC of the Year. Although we didn't win, being recognized in this category inspires us to continue driving impactful investments and supporting purpose-driven founders. The Conduit EIS Impact Fund has a clear mission: to drive capital to founders solving some of the greatest challenges facing people and planet while generating investor returns. The fund invests across four impact themes- Climate, Health, Education, and Inclusion. The Fund is focused on leveraging a combination of resources, including our partnership with The Conduit to enable the next generation of companies to achieve positive impact at scale from a broader set of mission aligned investors. Our objective is to build a diverse portfolio of scalable impact-driven companies, with the benefit of EIS tax reliefs. See our latest investment into Heatio, link in the comments. We are thrilled to share a few impact highlights achieved by our portfolio companies in the last 6 months: RideTandem | B Corp™ is now enabling £5m in wages p/m by using their smart bus service to help employees get to work Thalamos closed a deal with 6 London NHS trusts to support safer, quicker and more joined-up assessment and treatment of people detained under the Mental Health Act Zen Educate has facilitated the delivery of almost 2m hours of high-quality education to students whose regular teacher is absent in the last 12 months SOJO has extended the life of 1.8k garments and is partnering with Marks & Spencer to launch a clothing repair service Kamma has assessed 218,987 homes for climate & compliance risk and launched a pilot with Octopus Real Estate The Conduit EIS Impact Fund is currently open for investor subscriptions until its next close on 17th July 2024. Funds will be deployed into 8-10 EIS-qualifying Seed to Series A ventures over 12-18 months from subscription. The minimum subscription is £25,000. 👉 𝗘𝗺𝗮𝗶𝗹 𝗰𝗼𝗻𝗱𝘂𝗶𝘁𝗶𝗺𝗽𝗮𝗰𝘁𝗳𝘂𝗻𝗱@𝘁𝗵𝗲𝗰𝗼𝗻𝗱𝘂𝗶𝘁𝗰𝗼𝗻𝗻𝗲𝗰𝘁.𝗰𝗼𝗺 𝘁𝗼 𝗿𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺, 𝗞𝗲𝘆 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗱𝗲𝘁𝗮𝗶𝗹𝘀 #impactinvesting #eisimpactfund #venturecapital #vcfunding Investment in the Conduit EIS Impact Fund is restricted to Professional Clients, High Net-Worth Investors and Self-Certified Sophisticated Investors. Always take time when considering your investment decisions. Financial advice is recommended. A fuller summary of risks is available here https://lnkd.in/eWAtPWYG

Meet our Venture Partner Guy Ranawake 🙌 In this interview Guy Ranawake, Venture Partner at Conduit Connect talks about his journey from studying economics at the University of Cambridge to becoming a key player in the climate tech sector. He shares his experiences working with PWC, Citi, Barclays, and Evercore, and how he shifted his focus to renewable energy and climate-focused technologies. We'll hear about his successes, challenges, and thoughts on the current state of climate tech, as well as his advice for young professionals. Read on to learn more about his work and vision for a sustainable future 🔗 https://lnkd.in/evK2vxZG #meettheteam #venturepartner #conduitconnect #impactinvesting

We kicked off the morning with our Breakfast Club Showcase at The Conduit Club, London ✨ A big thank you to all the impact investors and members who joined us today. The atmosphere was filled with energy and enthusiasm, as six of our new portfolio companies pitched their ventures. Special thanks to all the founders for their outstanding pitches and insightful discussions. Congratulations on presenting your ventures so well! 👏 We appreciate everyone who made this event a success and contributed to the great atmosphere. We look forward to more inspiring mornings together. #impactinvesting #showcaseevent #networking #venturecapital Ayşe Yılmaz Charlie Cook Rich Pleeth Victoria M. Matt Pierri Ann O'Neill Helen Oldham Alexander Shapiro Gabrielle Morgan Natalie Otwoma Nina Thorn George Metcalfe Laura Mitchell

We are absolutely thrilled to introduce George Metcalfe, our new Community and Platform Associate 🙌 George will collaborate closely with our community members and portfolio companies on our deal platform. Prior to joining Conduit Connect, George founded an EdTech start-up which he grew to a team of 15 after receiving investment from Tes Global. The start-up focused on supporting wellbeing in secondary schools and while there he led on commercial strategy, operations and fundraising. He has also recently freelanced as Head of Growth at another education start-up and worked at New Philanthropy Capital, a leading think tank for the social sector. George has a BA in History and Politics from the University of Warwick and has completed Year Here, a postgraduate programme in social innovation and enterprise. #conduitconnect #meettheteam #impactinevsting #venturecapital

Congratulations to Josephine Philips and the whole team at SOJO on their exciting partnership with Marks and Spencer! 👏 This collaboration is an exciting milestone on their journey to making clothing repair mainstream and enabling easy and accessible repairs for the masses! #circulareconomy #fashionrepair #sustainabilityinfashion

“The Conduit EIS Impact Fund are thrilled to have participated in this seed round. Simon and Thomas’ commitment to making renewable energy solutions affordable and accessible for everyone aligns perfectly with our fund’s vision for a sustainable future. Decarbonising household energy is a huge and wicked problem – we have been incredibly impressed by the way the Heatio team has created a product that adds value to every stakeholder in a complex market. We very much look forward to supporting Heatio's mission and contributing to their continued success." Alexander Shapiro, Investment Manager at The Conduit EIS Impact Fund

Exciting news 🎉   The Conduit EIS Impact Fund is thrilled to announce our new portfolio company, Heatio, who have secured £2m in seed funding to drive net zero across UK homes.    Decarbonising household energy is a huge and wicked problem - right now, 20% of all carbon emissions in the UK come from residential homes, and more if one includes cars. Heatio’s commitment to making renewable energy solutions affordable and accessible for everyone aligns perfectly with our fund’s vision for a sustainable future 🌍🔋 This funding enables Heatio to launch its Energy as a Service (EaaS) subscription platform to help homeowners overcome the initial capital costs associated with retrofitting low-carbon technologies, such as heat pumps, solar panels and storage batteries. Using machine learning and AI, Heatio is able to manage these multiple energy assets to optimise usage in homes without a human in the loop, which enables a reduction in energy costs for consumers 💡 🏡     Congratulations to Simon Roberts, Thomas Farquhar and the entire team on this latest milestone in your journey.    We are delighted to support Heatio alongside, Ascension, Baltic Ventures, SyndicateRoom, and LYVA Labs.    To read more on why we invested, see here: https://lnkd.in/ekvrJCVx     Find out more in the Tech Funding News article, see here: https://lnkd.in/d_VrWzEV  Gabrielle Morgan Alexander Shapiro Natalie Otwoma Helen Oldham George Metcalfe Nina Thorn Laura Mitchell Jo Pisani Peter Bruce-Clark Rodney Appiah John Spiers

We are so excited to introduce Peter Bruce-Clark as the newest Investment Advisory Committee member of the Conduit EIS Impact Fund! Peter is the Founder & General Partner at Kalytix Ventures and Global President at StrongRoom AI. With over a decade of experience in impact-focused venture capital, Peter previously served as Partner at Social Impact Capital (SIC), a prominent global impact VC firm in New York City. SIC, known for its top-decile returns, employs an “Impact Arbitrage” strategy to invest in high-impact ideas across various geographies and sectors. The firm is supported by notable VCs including Marc Andreessen, Chris Dixon, Peter Thiel, Phil Black, and others. Before his tenure at SIC, Peter was Head of Business Development at Real Capital Innovation, an investment tech platform acquired by Addepar and backed by 8VC and Soros Fund Management. His career began in Silicon Valley with the founding of an early-stage venture capital firm, Kalytix Partners, focused on AI applications and institutional investor strategy, which was later acquired. Peter is a recognized theorist in private market impact investments, having led research collaborations with Oxford University, Stanford University, Planet Heritage, and White Sand Investor Group. His influential publications include "Impact Investments: A Call for (Re)orientation" (2021), endorsed by the SEC and G7, and "Sovereign Development Funds" (2018), featured in The Oxford Handbook of Sovereign Wealth Funds. Welcome Peter we are thrilled to have you on the team! 🙌 #meettheteam #investmentcommittee #conduitconnect #impactinvesting #eisimpactfund #venturecapital