Nesta is the UK’s innovation agency for social good.
Nesta has set 3 impact goals for 2030 which reflect Innovate UK’s Future Economy priorities:
- Accelerate the decarbonisation of UK household activities and increase productivity through increasing green skills.
- Increase the number of healthy years lived through tackling obesity and loneliness.
- Narrow the outcome gap between children growing up in disadvantage and the average, with a focus on pre-school years.
Nesta Impact Investments backs tech ventures that can contribute to Nesta’s impact goals, delivering both a social/environmental and financial return. As such, we invest in: edtech, foodtech, healthtech and sustainability. We typically invest at Seed stage to Series A, £500K-£1M initially with capacity to follow on.
Nesta has set up Mission Studio in partnership with Founders Factory through which we initiate new startup ventures and attract founders who want to build successful commercial businesses that deliver on our impact goals.
Nesta’s broader team includes expertise in data science, user design and technology, and through its recent integration of the Behaviour Insights Team (BIT) world leading behavioural science expertise. We look to draw on this broader suite of resources, working in collaboration with founders, to accelerate the success of ventures we back. For founders building businesses in relevant markets, drawing on Nesta’s networks, domain expertise and technical skills is a real advantage.