Accelerator Directory / Sme Wholesale Finance (london) Limited (Funding London)

Business Description

Funding London launched its first fund in October 2004 and in the past 10 years we have successfully supported 560 SMEs by investing over £45m via three equity and four loan funds.

We channel funding from Europe and the UK, through appointed fund managers to sustainable and ambitious London businesses. Returns generated from the funds go straight back into the London ecosystem, making investment available to the next generation.

In 2004, the then Mayor of London established SME Wholesale Finance (London) Ltd (now rebranded as Funding London), with a specific long term mandate to support the Economic Development Strategy for London through SME funding activities. Funding London was designed to act as a ‘holding vehicle’ for the Access to Finance Funds. The initial fund was financed by London Development Agency, European Regional Development Fund Programme (2000–2006) and the European Social Fund.

The initial operations and day to day functions were carried out from within the London Development Agency. In September 2009, Funding London was ‘spun out’ of the LDA and operations were handed over to the newly appointed Chief Executive, Maggie Rodriguez-Piza. With increased independence (or autonomy) and the new leadership, we transformed ourselves into a commercial organisation, without deviating from our mandate.

We support London’s businesses by partnering with “best of breed” fund managers to invest our funds:

Budding tech and science start-up businesses in the capital … venture capital fund for small businesses. The London Co-Investment Fund is supported by £25m from the Mayor of London through the London Economic Action Partnership (LEAP) and up to £60m from our partners.

STATS Jan 2015 - Oct 2018
Amount Invested: £19.6m
Jobs Created: over 1,000
Companies Funded: 125
Co-investment Multiple: 7.2x
Total Funding Raised: £160m

We invested in the Early Intervention Fund launched by CAN Invest with UBS in September 2015. The Fund aims to help VCSEs accelerate positive early intervention impact on young people (0-24yrs) in East London's communities.

STATS Apr 2015 - July 2018
Loans Committed: £834,745
Companies Fundeed:16

Registered Address

Fourth Floor,
5 Chancery Lane

Contact Details

Key Data

8775 Specialty Finance
Company Number
Private Limited by Guarantee/No Share Capital
Company Age
15 years
June 29, 2004
Nature of Business
64303 - Activities of venture and development capital companies
Year End
March 31
Accounts Due
December 31, 2020
Latest Accounts
March 31, 2019

News Feed


MARKET: accelerators in start-up cities

MARKET: Equity Markets to Space Tech

MARKET: Biotech Clusters to Ransomware

MARKETPLACE: media stories 2015-18

MARKET: Accelerators to Big Data

MARKET: M&A to ScaleUp

MARKET: Cash Burn to Workspace

MARKET: Circular Economy to Industrial Internet

SME / Chinese entrepreneur summit


the GRID: mapping the growth company marketplace

MARKET: Cyber Security to AI

ScaleUps and the gobbledygook jargon factory

L-Z: 1000 Companies to Inspire Britain 2017

MARKET: Startup Successes to Tech Nation

COMPANIES: Digital Voices to

Queen’s Awards for Enterprise winners 2015

MARKET: Northern Tech to Reshoring

COMPANIES: Adnams to Clyde Space

New CivilisedBank CEO

A-K: 1000 Companies to Inspire Britain 2017

COMPANIES: Roli to Ten Group

COMPANIES: GoCardless to OneWeb

COMPANIES: Jojo Maman Bébé to Oakley Capital

COMPANIES: Bremont to Metro Bank

MARKET: Foodtech to Smart Cities

MARKET: Foreign Investors to Data Centres

MARKET: start-ups to global innovation

COMPANIES: Faculty AI to Kinteract

Wales Fast Growth 50 - listings 1999-2017

COMPANIES: Autins to TrialReach

MARKET: Bad Advice to UK Disruptors

MARKET: Bioelectronics to Chinese Investment

Queen’s Awards for Enterprise winners 2014

COMPANIES: Musto to The Works

COMPANIES: Giraffe to Xupes

MARKET: Spin-outs to Science Parks

COMPANIES: easyFood to Wildstone

Tech Track 100 company league tables 2001 - 2018

COMPANIES: Brickability to Sphere

COMPANIES: Lanchester Wine to LoopMe

Queen’s Awards for Enterprise winners 2018


MARKET: Private Capital Markets to Care Deficit

COMPANIES: Riverford Organic to Pashley

COMPANIES: Luceco to WorldRemit

COMPANIES: Richer Sounds to Yourgene

MARKET: Business rates to Brewonomics

MARKET: Drones to Deep Tech


COMPANIES: 77 Diamonds to Mercia Technologies

COMPANIES: Darktrace to Electric Jukebox

COMPANIES: Snapchat to StreetDots

COMPANIES: Beckham BH to Jack Wills

MARKET: Health Tech to Station F, Paris

COMPANIES: Global Gene Corp to pureLiFi

COMPANIES: Framestore to Tandem Bank

Fast Track 100 company league tables 1997 - 2018

COMPANIES: FinnCap to Florence

COMPANIES: Farewill to Rock Up

Queen’s Awards for Enterprise winners 2017

COMPANIES: Orchard Pig to Heaven Skincare

COMPANIES: Mixcloud to Upscale

COMPANIES: Gear4music to Starleaf

Queen’s Awards for Enterprise winners 2013

COMPANIES: Psyche to RM2

EOA Annual Conference Nov 2017

MARKET: Legaltech to the Crick

QUICK TOUR of this site

i/v – Rainbird: going global with AI


COMPANIES: Deliveroo to World of Books

COMPANIES: Genius Foods to XL Recordings

COMPANIES: Perkbox to Revolut

COMPANIES: Cass Art to Zytronic

COMPANIES: Metrasens to Otaq

COMPANIES: Fulham Shore to Produmax

COMPANIES: Animal Dynamics to SA Brain

COMPANIES: Atom Bank to Propercorn

GROWTH stories: AI + shirts

COMPANIES: Space NK to Feelunique

COMPANIES: Crowdcube to Laser Quantum

COMPANIES: Marketinvoice to UKFast

COMPANIES: Alfa to Tokamak Energy