Ascension EIS Fund

The Ascension EIS Fund focuses on tech companies with early product-market fit raising up to £4m. Its evergreen structure (quarterly closes) aims to develop a portfolio of at least eight EIS-qualifying businesses for each investor over a 12-month period. The fund is a co-investment vehicle, which seeks to participate alongside top-performing institutional VCs.

Ascension EIS Fund overview

Currently open for investment

Stage Seed to Seed+

Ticket Size £200k-£500k

Round Size £1.5m-£4m

Business Characteristics Early signs of product-market fit, typically £20k+ monthly recurring revenues, growing month-on-month, strong pipeline, and effective RTM

Leads? Can lead rounds or follow

86/100

Tax Efficient Review

84/100

MJ Hudson

Top ten investor

MICAP