OnePlanetCapital launch Angel Syndicate

OnePlanetCapital, a venture capital firm dedicated to climate change, has initiated an angel syndicate to offer investors the opportunity to directly invest in specific companies within its portfolio.

This new syndicate aims to support businesses from the pre-seed to Series A stages, with plans to finalise its inaugural angel investments by March 2024.

Matthew Jellicoe said of the syndicate initiative: “we see growing demand from individual investors and family offices interested in the climate change space. Also, the initiative is based on the realisation that funds are not right for all investors. Whilst the fund provides a selection of 6-8 companies and thus mitigates some risk, sophisticated investors, and particularly professional investors have asked for concentration into single companies. Really the syndicate is a response to this demand.”

Additionally, the syndicate introduces a nominee structure designed to accommodate family offices interested in direct investments in individual companies, bypassing the traditional EIS framework.

Companies participating in the syndicate will have undergone a thorough due diligence process as part of their consideration for the OnePlanetCapital Climate Change EIS Fund. OnePlanetCapital intends to secure either a board seat or an observer role in these selected companies to maximize governance and oversight.