Fund managers

We like to think of Ascension as the fund of choice for founders and investors, and were thrilled to be crowned Seed VC of the Year in 2022 by the UK Business Angels Association (UKBAA).

We are an early-stage VC built by exited entrepreneurs to back the next generation of tech and impact founders. One quarter of the business is owned by our Venture Partners, which include the co-founder of Moderna and the UKBAA Angel of the year 2020. Our team and Venture Partners have invested over £4m of their own money into Ascension funds.

Ascension is rated as a Fund Manager with a Top 10 EIS track record by MICAP, has a score of 86 by Tax Efficient Review, and has been managing SEIS/EIS Funds for the last 10 years. Ascension has had 14 successful exits to date including two at 10x, as well as another three at 8x, 6x, and 5x.

EHE Venture Studio –  Is an AI tech fund that invests in and builds AI-first companies developing proprietary technologies or AI-enabled businesses disrupting a broad range of sectors. We’re entrepreneurs turned investors who’ve built and sold 8 and 9 figure companies providing hands-on product build and business scaling support. A strong presence in the North-West startup ecosystem with a track record of building strong tech businesses and AI products.

Invest.Build.Support.

CPI Enterprises is the corporate ventures capital and investor engagement arm of CPI, actively investing in Deeptech and Healthcare startups from pre-seed to series A: https://www.uk-cpi.com/invest. CPIE aims to be a strategic value-add investor to early-stage deep tech businesses across AgriFoodTech, Energy, HealthTech, Materials and Pharmaceuticals. Our investment methodology is to invest in high-growth potential companies strongly aligned to CPI’s technical capabilities and the corporate strategy. CPIE so far has an active portfolio of businesses and 1 exit (14.3x MoM on Nuformix).

CPI is a UK national technology innovation centre, partly funded by Innovate UK and a founding member of High Value Manufacturing Catapult: https://www.uk-cpi.com CPI’s team of intelligent people use advances in science and technology to solve the biggest global challenges in healthcare and sustainability.

Backing founders during the crucial early stages of scaling-up, Volution paves the way for substantial growth and a successful exit. Our aim is to enable more UK companies reach global scale.

We are a team of experienced investors, former operators and exited founders. We know how to back, build, scale and exit early-stage Fintech and SaaS businesses. With extensive industry experience and a well-established, wide-reaching network, we’re dedicated to making venture better for both founders and investors. Our goal is to enable early-stage companies to achieve growth, global expansion and a significant exit.

 The Volution Elevate EIS fund will leverage our established platform, experienced team, deal structuring expertise and deep understanding of venture market dynamics and to build a portfolio of high-growth B2B software and Fintech companies, with the potential to scale and become major players in their respective markets, as future category leaders.