Nº 0642

Manchester VC launches second £15m capital raise for AI Growth Fund

Prolific North

Image accompanying: Manchester VC launches second £15m capital raise for AI Growth Fund

Summary

EHE Ventures, part of Manchester-based EHE Group, is raising a second £1.5m tranche for its (S)EIS AI Growth Fund, which invests in pre-seed, seed and Series A stage AI-first businesses across the UK. The fund's first cohort deployed capital across eight companies including Deltabase, Fotenix, Good With, NeuWave, Peppercorn AI, Scooch, Spotlight Pathology and Subjct, operating in sectors spanning medtech, fintech, marketing, agri-tech and marine tech.

The fund is structured under the Seed Enterprise Investment Scheme and Enterprise Investment Scheme, managed by Infinity Asset Management LLP and regulated by the Financial Conduct Authority. EHE Group co-founder Guy Remond said the group aims to deploy the second tranche by the end of the tax year, continuing to back AI-native British businesses with hands-on support from its venture studio division.

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Common questions

What is this article about?
EHE Ventures, headquartered in Manchester, has opened its second funding round for an AI Growth Fund targeting early-stage British tech companies. The fund has already deployed its first tranche across eight businesses and aims to raise £15m in total.
When was this published?
This article was published on 20 July 2026.
Who published this article?
This article was published by Prolific North.