PRIVATE SECTOR

Steven Bartlett, one of Europe’s best-known entrepreneurs, has announced the launch of the $100 million Flight Story Fund to accelerate the next generation of European unicorns in six emerging sectors.

Bartlett has assembled what he describes as 'avengers' of entrepreneurship and investment, in the form of the Flight Story Fund, to invest between £810,000 and £8.1m in high-growth companies across blockchain, biotech, health and wellbeing, commerce, technology and space. It's structured as a private equity fund, providing expertise, finance, and a network to businesses.

The Fund's mission is to fuel emerging companies in a solid position to navigate the challenges of the next decade and looking for investment and expertise to scale. It’s backing innovation in rapidly emerging sectors, all leaving an impact on the future of society and the economy.

Steven Bartlett commented: 'Throughout the last decade, I developed an immense network of the most successful entrepreneurs in Europe. Flight Story Fund connects the founders to the investment and tools they need to catapult them through their growth trajectory to accelerate their timeline to Unicorn status.

'I’ve been on the journey myself and now I am helping other skilled founders succeed in the same way.'