In a big boost to the UK startup scene, Gloucester-based venture capital firm Blackfinch Ventures has announced a solid close to the tax year — and the numbers are nothing short of impressive.

With a fundraising haul of over £30 million, it’s clear investors are putting their faith in the future of tech-enabled businesses and sustainable innovation.

Major Growth Fueled by New Portfolios and Adviser Support

The fundraising success follows the launch of the new Blackfinch Energy Transition Portfolios and a fresh dividend announcement from the Blackfinch Spring VCT.

What’s even more notable is the 38% jump in applications from the Financial Adviser network compared to last year.

That kind of year-on-year momentum suggests Blackfinch is doing something right — and that advisers are taking notice.

Leadership Shift to Drive Next Phase of Growth

With the business scaling up, Blackfinch Ventures is now being led by Dr. Dan Appleby, Chief Investment Officer, Listed.

Appleby, who brings deep experience from his time as Head of Research and Investment Manager for multi-asset and AIM portfolios, is expected to steer the ship with a firm hand.

Meanwhile, Dr. Reuben Wilcock, a key figure in Blackfinch’s venture network, continues to support startups from the inside — keeping board seats and offering strategic insight to help guide portfolio companies forward.

£18 Million Deployed into Promising UK Startups

April saw Blackfinch make a bold move — deploying £18 million across 17 early-stage UK startups.

That’s more than a 50% increase from April last year.

These investments are laser-focused on real-world applications, especially in areas with long-term potential like transportation, clean energy, and aging population support.

Some standout investments include:

Minimal, a company creating ultra-light electric delivery vehicles to cut down emissions and reduce fleet costs.
Good Life Sorted, a helpful platform that connects older adults with vetted helpers for everyday support like grocery shopping or companionship.
GT Wings, a Liverpool-based innovator working on wind-powered propulsion systems to revolutionize commercial shipping.

Introducing Hatchery: A New Home for Disruptive Startups

Taking things a step further, Blackfinch is now launching Hatchery, its very own in-house incubator.

This new initiative is all about spotting and nurturing game-changing ideas from the ground up, with the help of experts from across Blackfinch’s investment teams and partners.

The first startup to emerge from Hatchery is Thrive, expected to launch this summer.

It’s designed to help companies support their employees’ financial wellbeing — offering smarter tools to manage pensions, benefits, and financial education.

Blackfinch Ventures Doubles Down on High-Impact Innovation

At its core, Blackfinch Ventures — led by CEO Richard Cook — is about backing innovation that matters.

With over £850 million in assets under management as of February 2025, the firm is putting serious weight behind companies that aim to solve real-world problems, from clean tech to better health solutions.

By investing early and thinking long-term, Blackfinch continues to shape the future of UK innovation — one disruptive idea at a time.