Future Fund: Breakthrough

Future Fund: Breakthrough is a public investment programme in the UK. A £425m UK-wide British Patient Capital programme that co-invests equity alongside private investors in growth-stage, R&D-intensive UK companies in breakthrough technology sectors. Rounds must total at least £20m, the fund takes at most 30% of a round, and a sponsor investor must apply.

What it offers

• “Future Fund: Breakthrough is a £425m UK-wide programme which encourages private investors to co-invest in high-growth, innovative firms.” - web.archive.org
• “The minimum total investment round size is £20m.” - web.archive.org
• “The maximum Future Fund: Breakthrough share of an investment round is 30%.” - web.archive.org

Who can apply

• “Companies must have raised at least £5m in previous funding rounds” - web.archive.org
• “Companies must be UK based with significant UK operations” - web.archive.org
• “The application must be made by a sponsor investor” - web.archive.org

Stages

Growth

How to apply

Apply or read the rules on the official site.

About this listing

TrustList compiled this listing from Future Fund: Breakthrough's official pages in September 2026. The quotes above are its own words. Amounts, deadlines and eligibility rules change, so check the official site before you rely on them.