Funding

[Funding alert] London-based Thema Raises €5.8 Million in Funding

Jan 15, 2024 | By Startup Rise EU

Thema, a London-based company, secures €5.8 million in funding to help novice fund managers launch their own venture capital companies.

Thema, a London-based company, secures €5.8 million in funding to help novice fund managers launch their own venture capital companies.

Thema is positioned to serve as a driving force behind the subsequent generation of emerging managers by offering them a comprehensive package of support and resources to initiate venture capital strategies.

Read also - British Biotech FA Bio Raises €6.1 Million in Funding

In addition to writing initial tickets up to €5.8 million, Thema will provide operational and regulatory support, office space, and carefully selected LP insights in its role as a strategic cornerstone limited partner. For the next three years, Thema intends to contribute to four funds a year.

RECOMMENDED FOR YOU

recomd
Recent Articles
[Funding alert] Berlin-based DUDE CHEM Secures €6.5 Million in Seed Funding
Startup Rise EU
Feb 7, 2024
recomd
Funding
[Funding alert] Amsterdam-based Carbon Equity Secures an Additional €100 Million Funding
Startup Rise EU
Mar 5, 2024
recomd
Funding
[Funding alert] France-based Biotechnology Company Samabriva Secures €4m in Series A Round Funding
Startup Rise EU
Dec 13, 2023

By delivering its lower startup costs and operational package to a larger market, Thema seeks to address these issues. According to Thema's examination of similar market offerings, this approach reduces first-year expenditures by 41% on average. The strategy is to improve meritocracy in venture capital.

Read also - Dutch AI Startup Whispp Secures €750k in Seed Funding

Sam Ettelaie, Co-founder and Partner at Thema, commented: “At Thema, we empower talented individuals to launch their VC entity. We’re making the process of raising a fund fairer, so those with the best idea can make them a reality. One of the key reasons for setting up Thema was to address the barriers to entry associated with setting up a VC entity, including diversity and socioeconomic factors, while maintaining a transparent and level playing field. Beyond providing financial backing as an LP, our team is focused on sharing expertise and offering support to all our partners. We are excited to help our partners in the early stages of their growth journey bringing visionary strategies to life.”

George Askew, Co-founder and Partner at Thema, added: “Having been an emerging manager, I witnessed first hand the operational complexity of running a fund, and how much time this draws from investment activity. A platform and programme like Thema didn’t exist, so we’ve built it. Whilst Family Offices have increased their exposure to Venture as an asset class in the last ten years, there is still a long way to go in understanding the opportunity and benefits with emerging managers.”

Thema understands that GP involvement and the cost involved with raising a fund are a big financial barrier to entry, particularly with family office investors wanting for a significant % of money to be put up by GPs as to show alignment (‘skin in the game’).

Read also - Lyon-based ENYO Pharma Secures a €39 Million in Series C Round Fundin

About Thema

Thema offers emerging managers a comprehensive bundle that facilitates the launch of venture capital initiatives.

Read also - London-based Detected Raises €2.2 Million in Funding

Thema serves as a strategic cornerstone limited partner, providing office space, operational and regulatory support, selected LP insights, and writing first tickets up to £5 million. Thema intends to commit to four funds a year over the following three years.

Recommended Stories for You

story
Funding

[Funding alert] Paris-based Upway Secures €27.6 Million in Series B Round Funding

Startup Rise EU Nov 16, 2023

story
News

Private Market Investment Platform Crowdcube has Acquired Semper

Startup Rise EU Nov 6, 2023

story
Funding

[Funding alert] London-based Unwritten Secures $3.5Million in Seed Funding

Startup Rise EU Apr 16, 2024

story
Funding

Product Fruits funding news – Prague-based Product Fruits Raises €1.5 Million in Funding

Startup Rise EU May 29, 2024

story
Funding

[Funding alert] Scotland-based Carcinotech Secures £4.2Million in Funding

Startup Rise EU Jan 29, 2024

story
Recent Articles

[Funding alert] Dutch-based Nuwa Pen Secures €1.5M in Fresh Round Funding

Startup Rise EU Jan 6, 2024