The ERA Foundation
Where possible, The ERA Foundation will work with other investors providing early-stage (“angel”) funding. These investments may follow support for projects at the early stages of commercialisation.
The ERA Foundation’s investments in start-ups and young technology companies will be based on the following premises -
An initial first-round investment is likely to be of order £0.2M to £1M.
The ERA Foundation will expect to invest in following rounds to protect its share of ownership, although it is unlikely to invest more that £2M in any one company over successive funding rounds.
The ERA Foundation will favour companies with business plans that demonstrate a convincing “exit strategy” within five years (for example by floation, trade sale or recapitalisation) thus allowing The Foundation, if it chooses, to refresh its investment portfolio and help new companies.
The ERA Foundation will wish to nominate a Board member to companies it invests in.
Milestones
Investments
| Company |
Date |
Round |
Size |
Participants |
| Mesuro | 5/10 | Venture Round | £350k | 3 |
Videos
Sources
-
UK, Mesuro Receives £350,000 in Funding after Completing Milestones (finsmes.com)
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