Eka Ventures has announced the closure of its ‘milestone’ £80m ($107m) Fund II

Eka Ventures has announced the closure of its ‘milestone’ £80m ($107m) Fund II.

Eka specialises in making pre-seed and seed investments between £1m and £3m and traditionally works with founders building category-defining consumer technology companies.

It makes Eka the UK’s largest early-stage impact VC, investing across health, wellbeing and sustainability.

Fund I’s portfolio includes Runna (seed round, recently exited to Strava), Urban Jungle, Axle, Hived, Foresight Data Machines, Jude and Flok Health. Several have gone on to raise from Index Ventures, Accel and Balderton.