The UK Innovation & Science Seed Fund (UKI2S), managed by Future Planet Capital, has secured an additional £33.25m across three of its investment areas, taking total fund capacity to £150m. The Ministry of Defence has contributed £4m to the fund’s Defence thesis, the UK Space Agency £9.25m to its Space thesis, and the UK Atomic Energy Authority £20m to Fusion technologies. For the defence supply chain, the significance extends beyond the headline figure. UKI2S operates as an evergreen seed fund specifically designed to back deep-tech spin-outs and early-stage companies at the point where private capital alone will not move. It…
