APPROACH - WHAT DO WE LOOK FOR?

Seraphim seeks to invest into UK-based early stage companies whose businesses are focused around proprietary, highly scaleable, and disruptive technology. There are a number of key attributes that the Fund looks for in each business that it backs. Some of the most important characteristics that we look for are as follows:

• Unique, Disruptive Technology: Does the Company have unique, game-changing technology that has the potential to revolutionise the market it is addressing. Can this world-beating technology be protected.
• Large, Global Addressable Market: Is the Company addressing a large, global market. Ideally that addressable market should either already be, or have the potential to become, a £500 million industry.
• Strong market drivers: What is driving growth in the target market? Are these growth drivers compelling and sustainable. Does the product or service satisfy an unmet need?
• Scaleable Business Model: Does the business have the potential to grow very rapidly. How quickly could it achieve revenues of £50m. What resources would the Company need to achieve these revenues. Is there possibility of substantial market share and/or market leadership?
• Commercial Proof of Concept: Has the Company's technology already been validated. Has the Company already proven its business model, ideally by having already generated revenues from several large, blue chip customers.
• Management Team: Does the Company have a high calibre management team led by an entrepreneur with a proven track record of successfully growing businesses and/or with relevant deep sector expertise. Has the management team invested their own cash into the business.