Investigations

March 3, 2025

VC firm faces questions over £110m of UK public money acquired without competitive process

Government officials and LPs have questioned the Tory-linked VC’s suitability for the project


Future Planet Capital founder Douglas Hansen-Luke appears in a promotional video / YouTube

Since 2021, investment firm Future Planet Capital (FPC) has secured more than £100m in public funds without any competitive bidding process. 

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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