Founded in 2012 in London by Paul Miller OBE and Melanie Hayes, Bethnal Green Ventures (BGV) is a well-established early-stage venture capital firm with a clear focus on backing technology startups addressing significant social and environmental challenges. As Europe's first dedicated "tech for good" accelerator and VC fund, BGV has developed deep expertise in sectors such as digital health, education, sustainability, social inclusion, civic innovation, and worker tech.
BGV offers a structured 126-week accelerator programme, providing early-stage startups with £60,000 in funding in exchange for a standard 7% equity stake. Founders accepted into the programme should expect intensive support, including mentoring, workshops, introductions to a broad network of advisors and sector experts, and access to valuable startup resources and perks.
Their approach is hands-on and active, particularly during the accelerator period. Founders joining BGV should be prepared for significant involvement, feedback, and accountability throughout the programme. The accelerator requires a serious time commitment, combining both remote and in-person elements primarily in London. Startups that succeed within the programme often have opportunities for follow-on investments, with BGV typically investing up to an additional £1 million in future funding rounds, although usually alongside other investors rather than leading these subsequent rounds.
Notable BGV portfolio companies include Overleaf (acquired by Digital Science), Fairphone (ethical smartphones), GoodGym (community fitness and volunteering platform), and DrDoctor (a healthtech solution adopted by the NHS). Exits like Overleaf and Fairphone highlight BGV’s capacity to support impactful companies from early-stage through to acquisition.
When approaching BGV, founders need to clearly articulate both their commercial potential and measurable social or environmental impact. BGV typically invests £60,000 at the pre-seed stage for around 7% equity. Companies selected typically have at least an MVP or early validation. Teams should demonstrate strong commitment, diversity, relevant expertise, and genuine ambition for scalable impact.
Founders consistently highlight BGV’s supportive culture and genuine engagement. While BGV maintains close involvement, founders typically experience this as helpful rather than intrusive. The community aspect, including access to experienced mentors, a peer network, and connections to later-stage investors, is particularly valued by portfolio companies.
Overall, startup founders should view Bethnal Green Ventures as a knowledgeable and supportive partner—especially valuable for ventures equally committed to meaningful impact and ambitious growth.