For decades, the UK has done something consistently well: produce world-class research, technologies and founders.
But it has been less consistent at something else - scaling those companies with high velocity domestic capital.
That gap is now becoming more material.
AI, quantum, semiconductors, defence, energy and advanced biology are not short-cycle industries. They are capital intensive, technically complex and globally competitive from day one. The countries that win in these sectors will be those that align innovation systems with patient, institutional capital over long time horizons.
This is the context for the British Co-Investment Fund at Future Planet Capital and why the first pension fund subscriptions matter.
It signals a shift: UK pension capital starting to participate more directly in the scaling of UK innovation.
We started Future Planet Capital eight years ago with a simple thesis: frontier technologies would define the next era of economic growth and global problem-solving, if backed by the right capital at the right time.
Since then, we’ve backed 300+ companies and now oversee $570m across deep tech, AI, life sciences and climate.
The BCF is a continuation of that approach, designed to invest from pre-seed and seed through to growth-stage companies scaling globally.
The point is simple.
The UK does not have an innovation problem. It has a scaling capital problem.
Fixing that alignment is where the next decade of value creation sits.
🌍 From the UK, to the world and back. | 
