Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Corporate intelligence company Hakluyt sets up fund to help tech start-ups

by March 29, 2023
March 29, 2023
Corporate intelligence company Hakluyt sets up fund to help tech start-ups

A London-based corporate intelligence specialist set up by former spies has launched an investment fund to support high-growth companies with the knowledge that it gathers from its network of contacts.

Hakluyt has set up a growth fund focusing on Silicon Valley start-ups as it seeks to provide strategic advice to a sector it feels is under-served by traditional consultancy businesses.

The Hakluyt Capital fund is close to finalising a fundraising of £50 million that it will invest in up to 25 firms seeking early funds and strategic advice on regulatory and political issues.

Hakluyt was founded in 1995 by former MI6 officers and is known for providing FTSE 100 companies and other clients with insights gathered from a network of senior contacts. Sir Oliver Robbins, formerly the UK’s lead Brexit negotiator, has joined as the head of corporate coverage for Europe, the Middle East and Africa, and the company’s advisory board counts Sir Douglas Flint, former HSBC chairman, and Niall FitzGerald, former Unilever chief executive, as members.

Varun Chandra, 38, Hakluyt’s managing partner, said he had been looking to access the “most exciting club in the world” after setting up a San Francisco office in December 2020, but he said fast-growth companies would not generally pay for consultancy advice and he needed to find a different way to build a relationship with founders.

He said: “We have an interesting client base, but they tend to be at the bigger end … It’s incredibly exciting to work with the most inspirational founders, building the most promising companies.”

Hakluyt’s accounts, to be filed at Companies House this week, will show that group revenue increased by 23 per cent to £104 million in the year ending June 30, 2022, with operating profit up by 28 per cent to £27.5 million. Chandra expects the company to keep growing in the year ahead but perhaps not at the same pace.

He added that Hakluyt Capital should benefit from the recent downturn in technology valuations, saying: “It is clear there has been a correction … across the board and all we can really do is speak to the very smartest people in the world … [It] feels like quite a good time to invest.”

Read more:
Corporate intelligence company Hakluyt sets up fund to help tech start-ups

0
FacebookTwitterGoogle +Pinterest
previous post
Next buys Cath Kidston brand for £8.5m with remaining UK stores to close
next post
Male-led businesses receive over six times more investment than female-led

You may also like

UK retailers hit by drop in footfall as...

October 11, 2022

The Magnetic Pull of Digital Innovation: Bitcoin’s Polarity

January 17, 2024

Duolingo to replace contract workers with AI in...

April 30, 2025

Brits are worst investors in Europe and have...

July 5, 2023

Top Challenges in International Debt Collection and How...

January 20, 2025

Hunt set to announce a 2p cut in...

March 6, 2024

Electron Green to invest up to £1bn to...

April 26, 2023

UK job vacancies drop by 20% despite economic...

July 29, 2024

Santander UK partners with Unibeez to help UK...

April 19, 2023

IG Group becomes first UK-listed firm to offer...

June 2, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025
    • From Tariffs to Tech: Where Smart Money’s Moving Right Now

      June 6, 2025
    • Your Weekly Stock Market Snapshot: What It Means for Your Investments

      June 6, 2025
    • Getting It Half-Baked: The Real Cause of Cannabis Market Failures

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,555)
    • Stocks (3,134)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved