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Social Tech Trust

Europe, Oxfordshire, United Kingdom, Oxford

Description

Social Tech Trust is a prominent UK-based investor dedicated to fostering socially motivated technology. Based in Oxford, the organization operates with a unique model that combines grants and repayable finance, complemented by tailored support, to empower ventures leveraging technology for significant social impact. Their core mission revolves around addressing critical societal challenges through innovation, focusing on areas such as digital inclusion, health, education, and environmental sustainability.

The Trust manages a portfolio of funds, each designed to support specific facets of the tech for good ecosystem. A key vehicle for their investment activity is the Tech for Good Fund, which provides financial backing ranging from £10,000 to £70,000. This fund is instrumental in supporting early-stage and growing social tech ventures, offering a blend of capital and strategic guidance to help them scale their impact. Beyond direct funding, Social Tech Trust emphasizes capacity building, offering expertise and networks to help their portfolio organizations achieve their social missions.

Their commitment extends to initiatives like the Digital Inclusion Fund, developed in partnership with Nominet, which offers grants of up to £50,000 to organizations working to bridge the digital divide. This demonstrates their strategic approach to targeted funding, ensuring resources reach critical areas of need. Social Tech Trust's approach positions them not merely as a capital provider but as a strategic partner, deeply embedded in the social tech landscape, aiming to cultivate a robust ecosystem where technology serves as a powerful tool for positive societal change across the United Kingdom.

Investor Profile

Social Tech Trust has backed more than 113 startups, with 0 new investments in the last 12 months alone. The firm has led 31 rounds, about 27% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Grant, Non Equity Assistance rounds (top funding stages).
  • Majority of deals are located in United Kingdom, Ireland, Germany.
  • Strong thematic focus on Software, Health Care, Information Technology.
  • Typical check size: $12.7K – $89.0K.

Stage Focus

  • Seed (40%)
  • Grant (29%)
  • Non Equity Assistance (24%)
  • Pre Seed (4%)
  • Series Unknown (2%)
  • Series C (1%)
  • Angel (1%)

Country Focus

  • United Kingdom (96%)
  • Ireland (2%)
  • Germany (1%)
  • Israel (1%)
  • The Netherlands (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Artificial Intelligence (Ai)
  • Education
  • Non Profit
  • Apps
  • Machine Learning
  • Consumer
  • Service Industry
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Social Tech Trust frequently co-invest with?

Creator Fund
Europe, England, United Kingdom, London
Co-Investments: 1
MMC Ventures
Europe, England, United Kingdom, London
Co-Investments: 1
Bethnal Green Ventures
Europe, England, United Kingdom, London
Co-Investments: 4
Innovate UK
Europe, Wiltshire, United Kingdom, Swindon
Co-Investments: 2
Wayra UK
Europe, England, United Kingdom, London
Co-Investments: 2
Promus Ventures
North America, Illinois, United States, Chicago
Co-Investments: 1
Balderton Capital
Europe, England, United Kingdom, London
Co-Investments: 1
Playfair Capital
Europe, England, United Kingdom, London
Co-Investments: 1
Atypical Ventures
North America, New York, United States, New York
Co-Investments: 1
Microsoft
North America, Washington, United States, Redmond
Co-Investments: 26

Which angels does Social Tech Trust often collaborate with?

CM
Europe, England, United Kingdom, London
Shared Deals: 1
GA
Europe, England, United Kingdom, London
Shared Deals: 1
WB
Europe, England, United Kingdom, London
Shared Deals: 1
WM
Europe, England, United Kingdom, London
Shared Deals: 1
TJ
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Social Tech Trust?

Xploro

Manchester, Manchester, United Kingdom

Xploro uses AR, gamification and AI to reduce anxiety for young patients going to hospital.

Artificial Intelligence (AI)Health CareHospital
SeedDec 20, 2023
Amount Raised: $1,700,000
WeWALK

London, England, United Kingdom

WeWALK develops assistive mobility technology for visually impaired people.

AppsAssistive TechnologyHealth CareMedical DeviceSocial Impact
GrantNov 29, 2022
Amount Raised: $2,000,000
CO2A Global

Tadley, Hampshire, United Kingdom

CO2A Global provides carbon accounting software which is designed to measure carbon usage

Artificial Intelligence (AI)Carbon Capture
Non Equity AssistanceNov 7, 2022
Wagestream

London, England, United Kingdom

Wagestream is a financial services firm that allows employees to access a portion of their earned wages before payday.

AppsFinanceFinancial ServicesFinTech
Series CApr 13, 2022
Amount Raised: $60,000,000
Vistalworks

Edinburgh, Edinburgh, City of, United Kingdom

Vistalworks provides risk-scoring technology that identifies illegal products and sellers and can warn consumers of harm before they buy.

Public SafetyRisk ManagementService Industry
Non Equity AssistanceApr 1, 2022
Treeconomy

London, England, United Kingdom

Nature based carbon removal company using advanced AI & remote sensing monitoring.

Artificial Intelligence (AI)Environmental ConsultingForestryMachine LearningRemote Sensing
Non Equity AssistanceApr 1, 2022
Materials Nexus

London, England, United Kingdom

Materials Nexus is a deep-tech company accelerating the change to net-zero materials

Artificial Intelligence (AI)Environmental EngineeringMachine LearningSocial Impact
Non Equity AssistanceApr 1, 2022
Yes Make

London, England, United Kingdom

Yes Make specializes in construction with lower reliance on carbon-intense materials, low-carbon alternatives and recycle materials

ArchitectureConstruction
Non Equity AssistanceApr 1, 2022
Reewild

London, England, United Kingdom

Reewild enables responsible businesses and conscious consumers to track, reduce and remove greenhouse gas emissions in one app.

Environmental ConsultingInformation TechnologySoftware
Non Equity AssistanceApr 1, 2022
SEaB Energy

London, England, United Kingdom

SEaB Energy has patented a micro anaerobic digestion system for onsite and in-building conversion of organics to energy, water, & fertiliser

Clean EnergyEnergyRenewable EnergyWaste Management
Non Equity AssistanceApr 1, 2022