Eka Ventures closes early-stage impact fund on GBP 68m
Newly established Eka Ventures has held a final close on GBP 68m for its inaugural early-stage impact fund focused on the UK.
Eka was founded in 2018 by Jon Coker, Camilla Dolan and Andrew Richardson. The founding partners have experience backing consumer tech companies including Gousto, Bloom & Wild, Peak and Elder.
Dolan has been investing in consumer technology companies since 2013, notably working with Bloom & Wild, Gousto and Elder. She started her career at Bain & Company and was a partner at MMC Ventures between 2013 and 2017.
Prior to co-founding Eka, Coker spent 11 years at MMC Ventures between 2007 and 2018. He joined as an analyst, became head of the investment team in 2010, a partner in 2012 and co-managing partner in 2015. He led MMC's investments in 14 companies, including Gousto, Bloom & Wild, Mubi, Cloudsense and Peak.
Richardson started at Eka following an eight-year stint at recruitment and consulting company La Fosse. He joined as an associate and in 2017 started a consultancy supporting post-seed and Series-A businesses within La Fosse.
According to its LinkedIn page, the Eka team also includes investment associate Hamish Law.
Investors
LPs in the fund include British Business Bank, BSC, Isomer, Guy's & St Thomas' Foundation, Planet First Partners, Draper Esprit, Snowball and others, including 24 entrepreneurs, 12 of whom are founders whom Eka's partners have previously backed.
British Business Bank committed for more than half of the fund (GBP 36m).
Investments
Eka will invest in consumer technology companies focused on three key areas: sustainable consumption, consumer healthcare, and the inclusive economy.
The fund will focus on the UK, investing at the early stage and leading rounds, making investments of GBP 500,000-3m.
People
Eka Ventures – Jon Coker, Camilla Dolan, Andrew Richardson (founding partners).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








