Future Thinking: Making a Success of the Mansion House Accord

Future Thinking — Mansion House Accord, Meet Malika & How FPC Adds Value
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Making a Success of the Mansion House Accord

Last month marked the inaugural roundtable of Making a Success of the Mansion House Accord, a high-level series convening senior leaders from pensions, investment, and policy to advance the practical implementation of the UK Government’s Mansion House reforms.

Focused on security, this session responded to the Chancellor’s July 2023 call for UK pension funds to better align with national growth priorities while upholding fiduciary duties. Building on the Mansion House Compact (2023), leading pension providers signed the Mansion House Accord in May 2025, committing to allocate 10% of default workplace pension assets to private markets by 2030 — with at least 5% invested in the UK economy.

Hosted by Future Planet Capital in partnership with NatWest Cushon, the roundtable examined how long-term capital can drive UK innovation, emerging models for investing in strategic sectors, and governance considerations related to national interest.

This event is the first in a series designed to foster co-ordination and generate actionable insights to inform government policy and industry best practices. We remain dedicated to translating policy ambition into effective capital deployment that benefits savers, society, and the broader economy.

Reach out to Marketing Associate, Sara for further details and to register your interest in future sessions.

Event photo 1 Event photo 2

Meet the Team

Meet the Team — Malika video thumbnail

🎥 Meet Malika Arshad, Business Development Manager at Future Planet Capital.

Malika joined FPC in 2023 as an Associate and quickly became an integral part of the team, working across investment opportunities and portfolio value add, fundraising and investor engagement, as well as data.

With a background in investment banking at Credit Suisse — where she worked on M&A, IPOs, and financing projects across EMEA — Malika brings deep financial expertise and a global perspective to our work. Her experience also spans Equity Research, Leveraged Finance, and Asset Management.

She has a keen interest in how the venture capital ecosystem can support broader economic and sustainable development, especially through supporting innovative founders, a vision that closely aligns with our mission here at Future Planet Capital.

Watch the video above to learn more about Malika’s journey, her role at FPC, and her vision for impact through innovation.

How FPC adds value

At Future Planet Capital we’re proud to have played a significant role in advancing global, national, and regional innovation through strategic investments, board-level support, and ecosystem building. We’ve helped accelerate innovations tackling climate, health, and digital transformation.

Globally, we were among the first to back Captura and continue to support Armada Technologies as it scales maritime innovation.

Nationally, UK Innovation & Science Seed Fund [UKI2S] have backed companies like Cobalt Systems Ltd through to a successful acquisition, and have helped Tokamak Energy raise over £117 million in funding and public-private partnerships to develop commercial fusion.

Future Planet Capital Regional have driven growth in companies like The Supply Register, Utility Stream (USL) Limited and Igloo Vision, scaling teams, revenue, and impact across the UK.

At Future Planet Capital, our aim is to help solve challenges profitably, by backing visionary founders to achieve commercial success and lasting impact.

Find out more about Future Planet Capital on our website.

Copyright © 2025 Future Planet Capital. All rights reserved.

This information is being communicated by Future Planet Capital (Ventures) Limited which is authorised and regulated by the Financial Conduct Authority.

Future Planet Capital (Ventures) Limited: registered in England and Wales with company registration number 02500898
c/o DWF Company Secretarial Services Limited, 1 Scott Place, 2 Hardman Street, Manchester, M3 3AA, United Kingdom

Future Thinking: 2024/25 FPC Impact Report

Future Thinking: Impact Report, DataLace and Real World Impact
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2024/25 FPC Impact Report

It’s been nearly two months since releasing our 2024/25 Impact Report at Partners Day, a moment to reflect on the progress made and the road ahead.

From climate goals to global health and food security, the need for purposeful, scalable innovation has never been clearer.

At Future Planet Capital we remain committed to backing entrepreneurs tackling the world’s biggest challenges - profitably and with lasting impact.

Our approach continues to be anchored in three guiding principles:

🔍 Impact-led
📊 Data-driven
🌱 Profit-for-purpose

With the launch of the British Co-Investment Fund, we’re proud to help bridge UK pension capital with homegrown innovation, supporting a more resilient, sustainable future.


If you haven’t done so already, you can read a full copy of our Impact Report here.


DataLace at FPC

At Future Planet Capital, we are building an investment practice for the 21st century that combines advanced analytics with deep human insight.


At the core of this vision is DataLace, our proprietary data platform, which empowers our investment teams to:


1. Uncover high-potential opportunities earlier

2. Accelerate and enhance due diligence

3. Support portfolio companies to scale faster and more intentionally


Led by Dr. Peter Mitchell and Malika Arshad, the DataLace team is working to ensure Future Planet thrives in the ongoing data revolution reshaping the venture capital industry.


If you're doing similar work at another firm - or are simply keen to learn more -reach out to Peter and Malika. They’re always excited to connect with like - minded individuals!

BVCA: Building a Pension System Fit for the Future

Institutional investors are increasingly recognising their significant role in driving positive change, and private markets stand at the forefront of this transformation.


At Future Planet Capital, we see opportunity to mobilise long-term capital, particularly from pension funds, into investments that deliver both robust financial returns and measurable environmental and social impact.


In the latest British Private Equity & Venture Capital Association (BVCA) Insight article, our Impact Investment Lead Alexander Shadbolt, discusses how unlocking pension fund investment into private markets can accelerate the growth of climate and social innovation, while aligning with the long-term interests of beneficiaries.


Read a copy of the full article here.

FPC Real World Impact

At Future Planet Capital, it’s about more than just returns, it’s about real-world impact.


Watch the video below as Huw Sparkes, Investment Manager at FPC Regional, shares why investing in purpose-driven businesses is key to shaping a better West Midlands and beyond.

Find out more about Future Planet Capital by visiting our website.

Future Thinking: Reflecting on BEFF 2025

Future Thinking: Milestones in Sustainable Ocean Finance
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𝐑𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐧𝐠 𝐨𝐧 𝐁𝐄𝐅𝐅 2025: 𝐀 𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞 𝐢𝐧 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐎𝐜𝐞𝐚𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐞

This month our Executive Chairman, Douglas Hansen-Luke, Managing Director, Ed Phillips and Director of Investor Relations and Strategic Partnerships, Jessica Hill had the privilege of attending the Blue Economy and Finance Forum in Monaco. Organised as a special event for the United Nations Ocean Conference, BEFF brought together global leaders, innovators, and financiers to address the urgent need for sustainable investment in our oceans.


The forum highlighted the significant role of a regenerative and sustainable blue economy in preserving marine ecosystems while fostering economic growth. With the OECD projecting the ocean’s economic value to surpass $3 trillion by 2030, the discussions centred on aligning financial strategies with environmental stewardship.


Key highlights included:


  • Insights from HSH Prince Albert II of Monaco, HRH Prince William, and President Emmanuel Macron on the geopolitical significance of ocean conservation.

  • Discussions led by Christine Lagarde, President of the European Central Bank, on integrating sustainable finance into global economic frameworks.

  • Showcases of innovative solutions - highlighting cutting-edge technologies and financing mechanisms for sustainable maritime industries.



At Future Planet Capital, we value the importance of private investment and innovation, to help solve global economic and environmental challenges profitably. In particular, our Blue Ocean Mandate, in partnership with the Constitutional Reserve Fund of Monaco, focuses on the intersection between climate change, sustainable growth and protection of the world’s oceans, backing companies to create a productive, circular, and sustainable Blue Economy, for long-term positive impact.


Thank you to the Government of Monaco, the Prince Albert II of Monaco Foundation and the Institut océanographique de Monaco for providing a powerful platform to further explore opportunities to propel ocean action, driving meaningful and sustainable change for the world.

FPC on BBC Radio 4 Today Programme

The UK Government’s £86bn commitment to the science and tech sector is a big step forward - and one we at Future Planet Capital welcome.


We’re proud to be on the front lines backing impact-led start-ups across AI, quantum, climate tech and beyond.


Through our management of UK Innovation & Science Seed Fund [UKI2S] and Future Planet Capital Regional, we’re helping turn ambition into action, supporting British innovation across the country


Last week our Executive Chairman Douglas Hansen-Luke joined the BBC Radio 4 Today Programme, to explore what this means in practice.


🎙️Tune in at 1hr 16mins

How can impact investing help improve health outcomes?

Impact investment has a vital role to play in funding health prevention, research and innovation.


In this short video filmed by the City of London Corporation, Alexander Shadbolt, Investment Manager and Impact Lead at Future Planet Capital, shares how our investment in Vaccitech (now Barinthus Biotherapeutics) demonstrates real, evidenced impact in health innovation. Click on the video above to watch.


Learn more here about the City of London Corporation’s Impact Investing Whitepaper – Delivering Missions using Impact-led Venture Capital and Private Equity Investment, exploring how private capital is helping meet the UK Government’s most ambitious


Find out more about Future Planet Capital by visiting our website.

Future Thinking: The Power of Collaboration, Building Businesses of the Future

Future Thinking: The Power of Collaboration - Building Businesses of the Future
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The Power of Collaboration:

Building Businesses of the Future

At Future Planet Capital, we believe the future belongs to those who dare to build it. As a purpose-driven investment platform, we are proud to work with our partners to back visionary companies that are solving the world’s biggest challenges—from climate change to healthcare—while also strengthening the global economy.


HM Treasury is expected to make fresh announcements soon about securing more capital from UK pension funds to help grow British businesses.


Our executive chairman Douglas Hansen-Luke joined Rachel Elwell of Border To Coast Pensions Partnership on the BBC Today Programme to discuss the changes.


Douglas explained why investors and government need to move fast to get more capital into high growth, privately held UK firms. You can listen to the item at 22 minutes here.


From spin-outs to scale-ups, we’re investing alongside partners in solutions that matter—backed by strong ESG principles and a commitment to long-term impact.


Join us as we continue to support the next generation of leaders, technologies, and businesses that are shaping a more sustainable and prosperous future for the UK—and beyond.

How are VC firms using data?

Earlier this year, Peter Mitchell, Director of Data Science and Technology at Future Planet Capital, caught up with Daniel Defty from private company data source Beauhurst to discuss the innovative way that we use data to inform strategy.


Click on the above to listen to Peter explain how data-driven intelligence is enhancing the traditional, relationship-led approach.

Regulatory Reform to support long-term economic progress

Our latest feature in the Financial Times, from Douglas Hansen-Luke, Executive Chair and Co-Founder and Rebecca Starkings, Compliance Officer at Future Planet Capital, explores how outdated regulations are restricting the growth of venture capital firms and calls for reform to support UK economic growth.


With Nikhil Rathi reappointed as FCA CEO, the government’s directive is clear: foster economic growth. However, for firms like Future Planet Capital, outdated regulatory thresholds - unchanged since 2013 - pose significant barriers once assets under management exceed €500mn, discouraging growth and limiting the role of specialist investors.


Future Planet Capital was built to meet the needs of institutional investors and so regulatory reform is a crucial step but not a complete solution.


Enabling experienced fund managers to scale without unnecessary regulatory friction is essential for long-term economic progress.

Find out more about Future Planet Capital by visiting our website.

Future Thinking: Unlocking Innovation Through Partnership

Future Thinking: The Power of Collaboration - Unlocking Innovation Through Partnership
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The Power of Collaboration:

Unlocking Innovation Through Partnership

At Future Planet Capital, we believe that solving the world's biggest challenges—from climate change to global health—requires more than capital. It takes collaboration.


Our mission has always been to invest in the future by backing visionary entrepreneurs from the world’s top universities and innovation ecosystems. But equally important is how we partner—with institutions, investors, and changemakers who share our commitment to impact and long-term value.


In this edition, we share just some examples of the power of  our partnerships: how strategic alliances amplify innovation, accelerate progress, and create opportunities to scale solutions for a better world.


From advisory and co-investment networks to academic collaborations, partnerships are at the heart of everything we do—and will continue to shape the path forward to a better Future Planet 🌎

The Good Times in PE/VC Are Back

Last week a number of our team attended the BVCA Secondaries Conference 2025. We are pleased to be an active member of the British Venture Capital Association and Alex

Leigh our Investment Director’s top takeaways from the conference were:


💹 Valuations bounced back in 2024—sensible, sustainable, not frothy

💼 $216bn in dry powder = major confidence for the next 5 years

🔁 Secondaries hit record highs, with LP-led deals dominating

🧠 AI & ML now assist with deal screening and forecasting

🪙 Tokenisation is coming—promising a more seamless, digitised private market


The secondaries market is evolving rapidly—and may be one of the best risk-adjusted asset classes of the last 25 years.


🎯 Retail capital could be the next major wave.


Watch Alex’s video discussing the conference here or click on the image above.

Earlier this month Future Planet Capital - UK Innovation & Science Seed Fund [UKI2S] hosted the first national event of the year - Deep Tech Showcase in Edinburgh.


The event featured innovative pitches, meaningful networking, and insightful conversations that opened the door to new opportunities. This showcase was more than just an exchange of ideas; it was a platform for building the future of technology. Industry leaders and innovators came together to connect and lay the groundwork for partnerships with the potential to transform the deep tech landscape.


A very big thank you to all speakers for their expert talks, Steven Gray from Honuworx, Peter Orrell from MycoNourish, Neil Rogers from Smart Green Shipping, Samantha Perona (Westgate) from Spotlight Pathology and John Clinkenbeard from Roslin Technologies.


We look forward to the continued advancement of innovation, the future of deep tech is bright!


The Ditchley Foundation: "AI and National Security,"

The Ditchley Foundation brings together global experts to discuss key issues at the intersection of policy, technology and Anglo American relations.


Recently they hosted a timely conversation on "AI and National Security," surrounded by experts from government, national security, science, and investment. It was a ‘once-in-a-generation’ moment to engage in such dialogue.


There were many apocalyptic threats discussed from the advancement of AI, but our Executive Chairman Douglas Hansen-Luke was pleased to say that the meeting ended on a note of optimism as the group also identified the many positives that AI can bring.


Douglas' contribution? To request that we focus on ‘AI for peace’.


"The depth of the conversation was both enlightening, inspiring and occasionally horrifying. There was a very thorough exploration of the intersection of cutting-edge technology and national security in an age of rapid innovation. A significant step forward in ensuring the safe and responsible development of AI in this new era."

Find out more about Future Planet Capital by visiting our website.

Future Thinking: The Ultimate Deep Tech Frontiers

Future Thinking: Space and Defence - The Ultimate Deep Tech Frontiers
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Space and Defence:

The Ultimate Deep Tech Frontiers

From hypersonics to quantum navigation, the space and defence industries drive cutting-edge innovation that shapes the future of security, sustainability, and resilience. But groundbreaking tech doesn’t scale without strategic investment.


At Future Planet Capital we're backing the next generation of deep tech companies - those pushing boundaries in aerospace, defence, and critical infrastructure.


Why this matters:

✅ Strategic advantage - Investing in deep tech is a national security imperative.

✅ Dual-use potential - Defence-backed innovation fuels commercial breakthroughs.

✅ Scaling innovation - Bridging the gap between R&D and market adoption.


As threats evolve and global competition intensifies, we need to ensure these game-changing technologies get the right support to thrive.


💡 The future of defence and space depends on bold investment

🎥 Watch the video to see how we're making it happen.


Together, we can connect the Biggest Investors with the Brightest Minds to help Solve Global Challenges, profitably.

Oxford Space Systems

UK Government earth observation mission

UK Ministry of Defence has announced that the Oberon earth observation synthetic aperture radar (SAR) satellite mission has been awarded to Airbus Defence and Space, with portfolio company Oxford Space Systems as a key supplier.


Sean Sutcliffe, Chief Executive at Oxford Space Systems commented’:


“We are delighted to be part of the consortium selected to deliver the next generation intelligence, surveillance and reconnaissance radar spacecraft for the UK.”


The antenna, part of the family of Wrapped Rib Antenna being used to provide SAR capabilities, will be able to capture day and night-time images of the Earth’s surface, which have both government and commercial use capabilities covering radar, communications and frequency monitoring applications over a range of radio frequencies.


🔗For full details, read Oxford Space Systems news article here

🔗MoD announcement here


The below image illustrates the 3-metre version of the Wrapped Rib Antenna which is being incorporated into an in-orbit demonstration mission (separate from the Oberon mission) due for launch in 2025 as a collaboration between Oxford Space Systems, SSTL and NSSIF, with additional support from Innovate UK and Airbus Defence and Space.

Deep Tech Showcase

Later this week we will be in Edinburgh where we are hosting a Deep Tech Showcase. The afternoon will feature Future Planet Capital - UK Innovation & Science Seed Fund [UKI2S]’s portfolio companies alongside industry partners and ecosystem leaders.


The event will be a great opportunity to network as well as gain insight into the latest developments of the British Co-Investment Fund. We would be delighted to hear from you if you are interested in attending.


➜ Register your interest here

Find out more about Future Planet Capital by visiting our website.

Future Thinking: Space Innovations Driving Impact on Earth and Beyond

Future Thinking: Space Innovations Driving Impact on Earth and Beyond
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͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­

Strategic Technologies:

Space Innovations Driving Impact on Earth and Beyond


The most significant benefit of space exploration is not just what we discover in the stars, but how space technologies are transforming life on Earth. From revolutionising agriculture to improving weather forecasting, innovations like geospatial data are already solving critical challenges—monitoring energy grids, predicting crop infestations, and modelling natural disasters to enhance supply chain resilience.


For the United Kingdom and the United States, deepening cooperation in space technologies offers an unparalleled opportunity to lead in exploration while delivering transformative solutions to Earth-bound problems. By co-ordinating on satellite communications, climate monitoring, and remote sensing, both nations can drive economic resilience and global stability.


At Future Planet Capital, we connect the world’s biggest investors with the brightest minds to solve global challenges profitably. We proudly support companies like Oxford Space Systems and Geospatial Insights — UK-based pioneers using space technologies for Earth-bound solutions. These companies are shaping industries such as agriculture and environmental monitoring, showing how space innovations can create scalable, impactful results.


The intersection of space and AI is an exciting frontier. Following President Trump’s announcement of a $550 billion investment in AI, we’re increasingly interested in how space technologies—such as Starlink and surveillance satellites—are enhancing life on Earth. These innovations provide global internet connectivity, improve security, and enable real-time data gathering and monitoring. In many ways, space technology today is becoming as essential as the internet once was—ubiquitous, with so much of what happens on Earth directly connected to the insights we gain from space.


Transatlantic collaboration in space technologies is key to advancing these innovations. By combining the US’s investment scale and the UK’s research excellence, the two nations can lead the way in space exploration while benefiting industries on Earth. Together, the UK and US can establish global standards in space policy, security, and sustainability, ensuring the continued impact of space technologies for generations to come.


Douglas Hansen-Luke

Executive Chair, Future Planet Capital



Stay updated  - UKSA | "Supporting UK leadership in delivering, sustaining and making use of climate data acquired from space.": https://space4climate.com/


UKSA Investment Day

Our Space Investment Lead, Shruti Iyengar moderated the Investor Panel: "How do you get started with investing in Space Tech?" at the UK Space Agency's Investment Day last month.

Investors busted various myths about Space Tech investing, including many misconceptions such as:

🚀 "Space Tech companies are always capex heavy and highly risky"
🚀 "Market opportunities are limited"
🚀 "Conducting diligence on Space Tech companies requires specialist skills"

They also highlighted key opportunity areas for example:

⭐Space debris monitoring & collision control
⭐Near space testing
⭐Autonomous space operations
⭐Powering data centre operations

Overall, the panel's message was clear - space today is what the internet was many years ago and there is no better time than now to be investing in and empowering entrepreneurs in this domain.

We are pleased to see 4 portfolio companies featured within the "Sunday Times Top 100 Fastest Growing Tech Companies".

Not only does this present Britain’s fastest-growing private tech companies, but it also showcases the tech entrepreneurs commercialising innovation across the UK.

Congratulations to
BibliU, Alloyed, Beam and Oxford Space Systems! We're proud to be part of their journey and excited to see how they’ll continue to lead the way in their respective sectors.

Together, we can connect the Biggest Investors with the Brightest Minds, to Solve Global Challenges profitably.

Find out more about Future Planet Capital by visiting our website.

Future Thinking: Strategic Technologies

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Future Thinking: Happy New Year & Focus on Strategic Technologies

Happy New Year from Future Planet Capital.

We are incredibly proud of all the team's achievements over 2024.

In particular:

  • We announced our plan to launch our British Co-Investment Fund, working with NatWest Cushon, with a view to the Cushon Master Trust potentially making an investment in the British Co-Investment Fund (BCF)

  • Formed new innovative partnerships for example with Google Cloud

  • Recognised for Gold Standard Internship Host 2024, University of Oxford


We look forward to another year of success in 2025 - and thank our team and partners for a great year of growth.


Strategic Technologies:

Unlocking the Next Frontier for Economic Resilience


Emerging technologies such as artificial intelligence, quantum computing, semiconductors, and renewable energy are reshaping global markets and redefining economic resilience. For the United Kingdom and the United States, a deeper partnership in these strategic areas offers an unparalleled opportunity to lead innovation, secure national interests, and deliver transformative global impact.


At Future Planet Capital, our mission is to connect the world’s biggest investors with its brightest minds to address global challenges profitably. We benchmark against the world’s leading centres of innovation, align investments with the Sustainable Development Goals, and leverage advanced data analytics to ensure objectivity, breadth and speed of execution. Strategic technologies are central to this approach, offering scalable solutions to challenges in health, energy, and sustainability.


Yet greater transatlantic collaboration would unlock new frontiers for economic resilience. By combining the UK's world-class research and the US's investment scale, we can catalyse shared platforms for innovation, foster coordinated public-private partnerships, and accelerate the commercialisation of breakthrough technologies. These efforts not only safeguard supply chains and national security but also create robust opportunities for investors.


The ripple effects are profound: advancing AI to optimize systems across industries, deploying quantum computing to solve complex problems in real time, and harnessing renewable energy to power the global economy sustainably. Together, the UK and US can set global standards for innovation, demonstrating how emerging technologies drive economic resilience while tackling humanity’s greatest challenges.


In this era of transformation, transatlantic cooperation isn’t just an opportunity—it’s a necessity to unlock the next frontier for investment strategies, sustainable development, and long-term prosperity.


Douglas Hansen-Luke
Executive Chair, Future Planet Capital

Economist Space Summit

Shruti Iyengar, Investment Manager at UKI2S, ended the year by attending the Economist Space Summit in Lisbon.

Whilst discussing the investment landscape in space technologies, she touched on the key areas that start-ups need to consider when pitching for investment:

👉 Spend time understanding customer needs
👉 Develop a comprehensive value proposition
👉 Understand how to effectively articulate your business model
👉 Demonstrate scaleability from the get-go

Are you a space start-up or spinout looking for early stage investment? Get in touch.

Find out more about Future Planet Capital by visiting our website.

Future Thinking: DC to VC

Future Thinking: DC to VC

DC to VC

NatWest Cushon and Future Planet Capital Lead the Charge in UK Pension Access to British Innovation

Future Planet Capital (FPC) is delighted to be working with NatWest Cushon, with a view to the Cushon Master Trust potentially making an investment in the British Co-Investment Fund (BCF). Any future investment will be subject to commercial terms, due diligence, and Trustee approval. If approved, NatWest Cushon’s participation would signify a major step forward, creating new avenues for British pension funds to access high-growth, private technology companies at scale. In partnership with pension solutions provider Mobius Life, the Fund will channel pension investment into the UK’s most innovative and impactful businesses.  


The BCF closely aligns with the Chancellor of the Exchequer’s vision under the Mansion House Reforms, aiming to unlock large-scale investment in key British industries. It emphasises the private sector’s pivotal role in accelerating innovation and economic growth, through supporting the UK’s most promising and high-impact technology businesses.


Historically, British pension funds have had limited access to high-growth investment opportunities within the UK, meaning that overseas investors have been the primary beneficiaries of the nation’s flourishing innovation economy. Indeed, according to the BVCA, 86% of venture capital investment comes from overseas investors.  To redress the balance, the BCF will be one of the first funds designed specifically for UK regular savings pension funds. It will offer direct and ongoing access to investments in the strategic technologies of the future.


Examples of companies likely to benefit from the Fund’s investments include Tokamak Energy, a world-record holder in nuclear fusion technology. The government-backed UK Innovation and Science Seed Fund (UKI2S), managed by Future Planet Capital, was the first investor in Tokamak Energy, which has since gone on to raise over $250m. This demonstrates the role of public-private partnership in supporting British technology to drive both economic growth and environmental impact. With the support of mainstream British capital, much more can now be done.


Lord Norman Foster, Chair of Future Planet Capital’s Advisory Board shared: “One of our most important tasks is to anticipate the future and find ways to have a positive impact on the wellbeing of people and the planet. We will need intellectual and financial capital to make that happen. This partnership supports the excellent work that is being done to invest in ground-breaking technologies which offer incredible potential.”  


Douglas Hansen-Luke, Executive Chairman and Co-founder of Future Planet Capital, commented: “This collaboration enables British pension savers to support the next generation of British innovation, ensuring that UK capital not only backs but also benefits from the country’s technological and sustainable advancements.”


Julius Pursaill, Pensions expert and advisor to the Cushon Master Trust, said:

“There are a number of good reasons to support the UK Growth agenda. Innovations like the British Co-Investment Fund play an important role in delivering on this objective by driving financial growth whilst also offering access to innovative, impact-focused sectors such as climate technology and artificial intelligence, which can help secure the future for pension savers and broader society."


Example companies that may benefit from BCF:

Tropic Biosciences, founded in 2016 with an initial investment from Future Planet Capital’s UKI2S fund, is reshaping agriculture to improve resilience, efficiency, and sustainability in food production.


Roslin Technologies, spun out of the University of Edinburgh, pioneers the development of pluripotent stem cells for cultivated meat. Their technology addresses the global protein gap by enabling scalable, sustainable meat production without raising animals. By providing genetically stable, self-replicating stem cells, Roslin delivers solutions that reduce production costs to less than $15/kg, positioning itself as a leader in a $2BN cell market by 2035.


Beam (formally known as Rovco) is a growth-stage autonomous robotics company specialising in subsea services for the offshore wind sector. With £19 million in 2023 revenue, the company is rapidly scaling, leveraging cutting-edge AI and computer vision to lead the way in subsea autonomy.

Support for the announcement:


Lord Wei of Shoreditch, Member of the Future Planet Capital Advisory Board

‘Changing the world and making an impact at scale is really tough and at times can be a lonely place. Future Planet Capital has managed to pull together globally an immense network of investors, founders, and experts to tackle the biggest challenges facing the world today. It is truly a fellowship, and a font of innovation, as well as being a premier fund platform. In these fast changing times it is so reassuring to know that there are innovators working on making the world a safer, cooler, and better place, whose chances of success are being supercharged through the FPC community.’


Jim Wilkinson, Chief Financial Officer, Oxford Science Enterprises

‘Future Planet Capital’s investment strategy offers not only something different, but something that has been lacking in this space. Its approach as well as its scope -involving a remarkable series of partnerships with leading universities and university venture funds – make it a very valuable strategic partner for anyone active in this field.’


Paul Abberley, Investment Governance Board Chair

CEO at Charles Stanley, one of the oldest firms on the London Stock Exchange. Previously the CEO / CIO of Aviva Investors

‘Successful innovations deliver superior investment returns. When those innovations have a positive impact on broader society, the capital investments which makes them possible benefit all stakeholders. Responsible investing of this type is easy to envisage but harder to implement, because identification of suitable opportunities is so challenging. The Future Planet approach bridges that gap.’


Priya Guha MBE, Member of the Future Planet Capital Investment Governance Board

‘With the Chancellor firing the starting gun on this Government’s pension reforms in yesterday’s Mansion House Speech, I am delighted Future Planet Capital are able to announce they are in discussion with NatWest Cushon for an investment into the British Co-Investment Fund.  With their strong reputation for investing in high-growth high-impact companies in the technology sector, Future Planet Capital’s BCF is exactly the right vehicle through which pension funds can back the scaling companies of the future; a win-win for British scale-ups and for British pensioners.’


Matthew Hurn OBE, Deputy Chair of Future Planet Capital’s Advisory Board

'The UK Growth agenda presents an exciting opportunity and it is vital that we have in place the tools needed to fulfil this potential. I strongly welcome this partnership which signals an important step forward - helping to pave the way to greater financial growth while offering savers access to world leading, impactful innovation.'


Professor Jerry Engel, Investment Governance Board Member

An internationally recognized expert on innovation, entrepreneurship, and venture capital, lecturing and advising business and government leaders around the world.

‘I have personally seen the extensive network of fantastic individuals and unique partnerships that FPC has brought together. With the evolving investment landscape, the successful strategies of today need to be implemented by agile teams, as markets, technologies and opportunities shift. Future Planet is positioned to take advantage of the diversity of opportunities presented by its connections to global clusters of innovation.’


Find out more about Future Planet Capital by visiting our website.

Future Thinking: Geopolitics and Global Survival

Future Thinking: Geopolitics and Global Survival

Geopolitics and Global Survival

COP29 started earlier this week and the global focus on climate change is paramount.


The recent election in the United States raises critical questions about its impact on geopolitics, global survival, and, for us at Future Planet Capital, how we best adapt our mission to address these pressing challenges.


We are  pleased to share the article below from Douglas Hansen-Luke, Executive Chairman at Future Planet Capital.


You can also read a full copy here.

The world’s most powerful nation, home to one of its wealthiest populations, has recently elected their new president.


This shift raises critical questions about the impact on geopolitics, global survival, and, for us at Future Planet Capital, on how best to adapt our mission to address urgent global challenges.


Global Survival


Climate change is our most pressing global challenge, threatening life on Earth as we know it. A global temperature rise of 4°C would make many regions uninhabitable due to the deadly combination of heat and humidity, which prevents the human body from cooling itself. Even a 3-4°C increase would severely disrupt ecosystems, place coastal cities at risk, and impact agriculture, leading to mass displacement and resource shortages. Extended extreme heat could make outdoor activity in certain regions dangerous or even fatal.


These threats are already unfolding, underscoring why Future Planet Capital remains committed to addressing climate change and why action is more urgent than ever. The latest Intergovernmental Panel on Climate Change (IPCC) forecast warns that we are on track for a 3-4°C temperature increase, with the potential to surpass 4°C within our children’s—and almost certainly our grandchildren’s—lifetimes.


This makes clear that climate change is not merely an environmental concern; it is a matter of survival for humanity and countless species with whom we share the planet.


Geopolitics


In light of the recent election, we must consider how the political change may impede essential progress in the field of climate change. How will this political shift influence the ability to mitigate the climate crisis, in time to protect our future?


Based on his campaign rhetoric, the new president has highlighted three key changes:

  1. Withdrawal from the Paris Climate Agreement

  2. Promotion of fossil fuels

  3. Reversal of clean energy initiatives, including mandates for electric vehicles and renewable energy


These developments present a notable challenge. However, we believe they will not prevent global progress on climate action. While the U.S. plays a major role in global policy, it does not act alone. The Biden administration’s Inflation Reduction Act has spurred a global race to lead in the emerging clean energy economy.


The European Union, China, and capital-rich nations like the Gulf Cooperation Council (GCC) states, Norway, Singapore, and the U.K. have responded with substantial investments in sustainable initiatives, establishing profitable industries in the process. This momentum is difficult to reverse, as the transition to clean energy presents substantial economic opportunities that many countries are eager to capitalise on.


Future Planet Capital


In our view the way to best respond to this shift in U.S. leadership is to reconcile current consumer and production patterns with a profitable path to a sustainable way of life. Trump and his prime backer, Elon Musk, have demonstrated the significant economic potential of green technologies. With 70% Musk’s wealth derived from companies like Tesla, which are advancing the clean-tech sector, it is clear that private investment and innovation will play a vital role in accelerating the transition to a sustainable future.


It is private capital and technology-driven investment will be instrumental in accelerating this transition. By focusing on profitable, scalable solutions, FPC aim to drive positive change that benefits both the planet and investors.


Our approach is already gaining traction. As a member of the trans-Atlantic Strategic Technologies Investment Council (STIC), we support initiatives that showcase successful models for sustainable security and survival. We co-invest with major energy companies like Aramco, BP, and Equinor, recognising the reality that we are all reliant on hydrocarbons. For most people, particularly in urban areas, life would be nearly impossible without them, highlighting the complex challenge of transitioning to a more sustainable future.


Our portfolio includes companies that are driving the next generation of climate solutions, with a clear focus on scalability, profitability, and impact.


Short Term: Beam, currently scaling up


Beam (formally known as Rovco) is a growth-stage autonomous robotics company specialising in subsea services for the offshore wind sector. With £20 million in revenue in 2023, the company is rapidly scaling, leveraging cutting-edge AI and computer vision to lead the way in subsea autonomy. As global priorities shift towards energy and homeland security—particularly in Europe—Beam’s advanced technology is poised to play a pivotal role in enhancing offshore energy efficiency. By reducing operational costs, Beam’s innovations directly support the clean energy transition, contributing significantly to global efforts to mitigate climate change and manage our carbon footprint.

Medium Term: REGENT Craft poised for growth soon


REGENT Craft is pioneering electric, wing-in-ground-effect (WIG) vehicles designed to transform short-haul maritime transport on coastal routes. By combining hydro-foiling with electric aviation technologies, these seagliders offer a cleaner, more efficient alternative for coastal transport. With over $9 billion in pre-orders, REGENT Craft is strategically positioned to capitalise on the global push towards sustainable transport, while its dual-use applications in the defence and security sectors add further value. As high-performance, low-profile technologies become increasingly essential in a geopolitically fragmented world, REGENT Craft solutions are well-placed to meet emerging demands for sustainable, strategic mobility.

Long Term: Tokamak Energy, leading in energy innovation


Tokamak Energy is at the forefront of energy innovation, developing high-temperature superconducting (HTS) magnets crucial for the commercialisation of fusion energy. Beyond energy generation, these magnets hold significant potential for applications in scientific discovery, energy storage, and advanced propulsion systems. With strong financial backing and technical expertise, Tokamak Energy is poised to contribute to the global transition to sustainable energy solutions. As a leader in fusion technology, the company is helping to shape the future of clean energy, positioning itself as a key player in the long-term fight against climate change and in securing a sustainable energy future for the planet.

As we look to the future, we at Future Planet Capital are committed to investing in the next generation of climate solutions—those that are profitable, scalable, and capable of making a substantial impact.

Find out more about Future Planet Capital by visiting our website.