About HSBC Ventures
HSBC Ventures (UK) is HSBC Bank venture capital arm, dedicated to investing in companies that want to raise relatively small sums (between £250,000, and £2 million). This could be for expansion, acquisition or to buy out a division or business from an existing owner. HSBC Private Equity is dedicated to companies that want to raise larger amounts. Smaller sums are available through the HSBC UK Enterprise Funds.
HSBC Ventures Headquarter Location
London, EC2R 8AJ,
44 207 260 7935
Latest HSBC Ventures News
Oct 14, 2021
Flexible capital provided at an early stage will bridge the gender and racial gap for companies seeking funding for growth. October 14, 2021 08:30 AM Eastern Daylight Time NEW YORK--( BUSINESS WIRE )--HSBC today announced that it will allocate $100 million in lending for companies that are founded and led by women and minorities through HSBC Ventures, which provides capital to startups and early-stage businesses around the world. “Venture growth financing is critical to furthering innovation for early-stage companies that need capital,” said Martin Richards, President of HSBC Ventures. “It’s critical to provide financial support to founders who are historically underrepresented, so that their creativity and ingenuity has a runway to grow, expand and lead to lasting, positive change.” According to published reports, venture capital funding to women-led companies fell during the global pandemic. Data shows that the proportion of dollars to female-only founders declined to 2.3% in 2020 compared to 2.8% in 2019. From 2015 to 2020, only 2.4% of venture capital funding was allocated to Black and Latinx founders. * Venture growth financing is a type of loan designed for early-stage companies with venture capital backing, which can help companies extend their funding runway to their next equity raise, be more agile with investments or acquisitions, and provide a safety net for unforeseen events. Customers of HSBC Ventures can leverage the full resources of the bank, which includes an unparalleled international footprint, a comprehensive set of commercial and investment banking products and decades of experience supporting early stage, growth stage, pre-IPO and public companies. “The most innovative companies of our time have relied on venture growth financing, and we’re excited to support the next generation of founders and start-up leaders with unique perspectives from diverse backgrounds,” said Prasant Chunduru, Global Head of Venture Debt. Earlier this month, HSBC Ventures announced that it would reserve $100 million in loan funding for clients who are developing climatetech solutions and supporting a net-zero global economy. *Diversifying Startups and VC Power Corridors, TechCrunch, August 29, 2021. Note to editors:
HSBC Ventures Team
1 Team Member
HSBC Ventures has 1 team member, including current Managing Director, John Brandon.