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Bethnal Green Ventures sold to asset manager Connected 28 Jun 2021
Connected Asset Management sees BGV as a way for its pension fund clients to invest in British tech start-ups working for social and environmental good
The progressive VC will however remain an independent brand as it scales its technology-for-good investment strategy.
Both sides believe the tie-up provides an opportunity to meet growing demand for “impact investment” from pension funds.
Bethnal Green Ventures is one of the five most active VCs in the UK and its investments include sustainable smartphone Fairphone, patient platform DrDoctor, and Organise, the campaigning platform for better work conditions, while Connected sees itself as being at the forefront of ESG solutions for pension funds.
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