Vala Capital is renaming its British Ventures EIS to Better Ventures as it seeks to support start-ups becoming more sustainable – irrespective of the industry they operate in, or products they sell.
Sustainability is a core focus at Vala Capital and it believes that the climate crisis cannot be resolved by half measures. It says that real change only happens when consumers demand it – and when capital is dependent upon it. As a result, Vala will now integrate fundamental sustainability considerations into all its investment decisions across all its portfolios.
The renamed Better Ventures EIS will continue to target fast-growth British start-ups with strategies to scale quickly and become the next generation of British unicorns. However, it will invest only in companies that align not only to the interests of their shareholders but also those of wider society and the environment.
