Fundraising

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March 31, 2026 theme-brand Climate Energy Fundraising

UK deeptech fund backs PhD founders with £10M boost

Empirical Ventures is capitalizing on a structural gap between academic research and venture-scale capital by positioning PhD founders as a distinct founder archetype worthy of dedicated institutional backing. The British Business Bank’s repeat commitment signals that government agencies see “ven...

March 31, 2026 theme-brand Fundraising

UK fund bets £10M on PhD founders building deep tech companies

Empirical Ventures is investing in credentialed scientists with domain expertise as a deliberate strategy, reflecting a shift in how the venture market views founder types—as distinct rather than interchangeable. The British Business Bank’s commitment shows government willingness to compete for d...