Capital Pilot confirms first five UK startup investments by £5M Boost Fund
Updated: Jul 3
Boost Fund 1 — the UK’s first automated high-volume equity fund aimed at high-growth potential startup businesses — announces its first five investments.
The £5m Boost Fund will be the leading UK startup investment fund by volume with plans to complete 100 investments in less than six months. The fund's investments are selected using Capital Pilot’s Investability Rating System, reflecting the firm’s vision to drive greater diversity in fundraising, through equal access to capital for everyone. Everywhere.
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29 June 2022: Following the recent launch of £5m Boost Fund 1, Capital Pilot is delighted to announce the first five startup businesses backed by the fund on the basis of its Investability Assessment Report.
Boost Fund 1 is the UK’s first automated high-volume investment fund targeting UK-based startups. Its approach brings efficiency and transparency to the fundraising process for founders and also helps investors build truly diversified portfolios of entrepreneurial businesses.
With plans to complete 100 equity investments in less than 6 months, Boost Fund 1 will be the leading UK startup investment fund by volume and is set to back a diverse range of ambitious UK-based startup businesses through its innovative, alternative investment approach.
“I’m delighted that the first cohort of investments in the Boost Fund is reflective of Capital Pilot’s vision to ensure equal access to funding for companies and founders from all backgrounds. We are confident the Boost Fund will supercharge startups across the UK, and I encourage founders to explore the objective, transparent and rapid application process that we helped design for the Boost Fund.” Richard Blakesley Founder, Capital Pilot
Using Capital Pilot’s pioneering data-driven Investability Rating System, the sector-agnostic fund has developed a unique automated selection and online completion process. The Fund automatically selects companies which have achieved its target Investability Rating, subject to confirmatory due diligence. It aims to provide a final investment decision in approximately two weeks from application.
The Fund was launched to provide access to capital for businesses which have traditionally been underrepresented within the UK startup scene. True to its investment vision, the fund’s first five investments feature two female founders, one founder from a BAME background and two businesses based outside London.
Meet the Boost Fund's First Five Investments
The first cohort of investments in the Boost Fund is reflective of Capital Pilot’s vision to ensure equal access to funding for companies and founders from all backgrounds.
We are confident the Boost Fund will supercharge startups across the UK and we encourage founders to explore the objective, transparent and rapid application process that we helped design for the fund.
Bubbl creates dynamic location-based mobile marketing tools, super-charging app retention and enabling live real-time engagement via any app.
In-the-moment customer engagement with data-driven creativity.
DabbaDrop is the UK's first sustainable takeaway delivering plant-based, restaurant-quality meals in reusable stainless steel containers (the 'dabba') emission-free to your door (the 'drop').
Good for you, and good for the planet.
Fanslide build intelligent in-play games that reimagine the way fans watch and bet on live sport. Their first product, the world's first live fantasy football game, is available to download now.
A new model for live fan engagement.
“As a female founder from the BAME community, I’ve felt like an outsider in the world of investment and funding as the people I’ve come across are from a more traditional background. Boost Fund 1 allowed us (quick) access to investment based on the traction we have worked so hard to build within the business, rather than my background. Access to investment on equal terms is something all founders need and can get behind - so thanks Capital Pilot!” Anshu Ahuja Founder at DabbaDrop
ORB Innovations created the world’s first smart sports mouthguard that monitors both physiology & biomechanics. The ORB Smartguard and companion app allow athletes to track their performance and monitor their welfare.
Total. Body. Knowledge.
YesRef is leading the way in digital management connecting multi-sport referees with leagues, clubs and businesses.
The easy way to find and pay referees.
Apply for the Next Boost Fund Cohort
Every great startup deserves a boost. Get the money you need to take your business to the next level now from Boost Fund. Simply apply for a Capital Pilot Investability Rating, and your startup will be automatically considered for a Boost. Any startup in the UK can apply.
If you are unsuccessful in your application for Boost Fund, all is not lost! Use the report and feedback included with your Investability rating to change your rating. The Boost Fund is unique, welcoming repeat applications from companies as their ratings improve.
Capital Pilot is the Investability rating agency for startups and scaleups. It combines human insight, proven analytics and sophisticated algorithms to produce comprehensive assessments of the attractiveness of a startup or scaleup to potential investors. Its proprietary rating system combines data analytics with human assessments of a company’s business model and team, to provide objective insights into fundraising and scaling potential. Capital Pilot’s aim is to help founders identify and fix flaws in their investor proposition early, to maximise their chances of funding success. Capital Pilot is a trading name of Capnova Limited which is registered in England with company number 12177695, to provide non-regulated services.
The Boost Fund is a fast, data-driven investment vehicle that backs startups with real potential. It is not open to outside investors. Funded by high-net-worth investors, it will make fixed £50,000 investments in 100 startups in just 6 months. Applications for the Boost Fund are through the Capital Pilot Investability Rating. If a startup’s rating is high enough, it qualifies automatically for funding subject to satisfactory online due diligence checks. Boost Fund 1 L.P. is an unregulated Non-Mainstream Pooled Investment (NMPI) which is registered in Jersey with registration number RN154575. Capital Pilot Advisory, a trading name of Sturgeon Ventures LLP (FRN: 452811), which is authorised and regulated by the Financial Conduct Authority, is the Investment Adviser to the Fund.