Eka Ventures Closes Fund II at £80 Million: Impact Investing Goes Mainstream

On April 13, 2026, UK-based impact-focused venture capital firm Eka Ventures announced the final close of its second fund. Fund II closed at £80 million (~$107 million), targeting early-stage companies operating in sustainability, health, and inclusivity themes. This close clearly demonstrates that ESG and impact investing have moved beyond being a niche strategy to becoming an inseparable part of mainstream institutional investment.

Eka Ventures closing Fund II above target size reflects strong demand from the LP (limited partner) side. Large pension funds, family offices, and institutional investors are allocating an increasingly growing share of their portfolios to impact strategies. Two fundamental dynamics underlie this trend: first, proof in recent years that impact fund returns are converging with traditional VC returns; second, the direct effect of ESG regulation pressure on investment decisions.

Examining the fund's focus areas, Eka Ventures' investment thesis is built on three powerful mega-trends. Sustainability is evaluated within the context of combating climate change and energy transition. In healthcare, accessible and personalized health services stand out. In the inclusivity theme, priority is given to diverse and underrepresented founders. These three themes correspond to areas harboring 2026's strongest growth dynamics.

In terms of portfolio strategy, Eka covers a broad early-stage spectrum from Pre-seed to Series A. Average initial investment size is in the £1-3 million range: large enough to secure meaningful equity stakes but flexible enough to allow portfolio diversification. Fund II's portfolio capacity will likely take shape in the 20-30 company range.

Impact measurement is a critical area where Eka Ventures differentiates from competitors. The firm monitors and reports measurable social and environmental outcomes for each portfolio company alongside financial returns. This transparency goes beyond meeting the ESG reporting standards LPs demand, also encouraging portfolio companies to adopt more responsible growth strategies.

In conclusion, Eka Ventures' successful close of Fund II is a strong vote of confidence that impact investing has received from the investment community. This investment model that balances financial returns with social benefit is set to become a standard component of institutional VC over the next decade. At GetInvestr, we closely follow ESG, impact investing, and sustainable growth trends, continuing to deliver meaningful insights to our investors.