April 2023 Launch


Regional at seed – global at exit


The DSW Ventures SEIS fund is being launched in April 2023 to build on our success in building regional deep technology, software and software-enabled services.

The partners of DSW have committed nearly 25% of the minimum raise, and we are targeting an overall fund of £1m-£2m.

The fund is taking applications now from interested investors. Note that Seed EIS is a very high risk asset class and may not be suitable for all investors.

Contact our partners if you would like to invest.

Overview of the SEIS Fund by David Smith

DSW Ventures SEIS Fund Essentials 

Fund Size:

£1m – £2m

Target Portfolio:

4 – 10 Companies

Minimum Investment:



Target 3 to 7+ years

Target Companies:

Regional IP owners and knowledge intensive

State of Company:

Very early stage onwards – high risk of failure

SEIS Relief

The SEIS scheme allows for benefits both at investment and exit. The principal benefits are outlined below and are subject to individual status and the qualification of the company and investment. 

On investment

A rebate on income tax of 50% of investment
GCT reinvestment relief reducing other gains by up to 50% of investment

On exit

Capital gains are free from capital gains tax
Capital losses, after tax relief, are relievable at the margin rate of income tax

Important note: Seed EIS funds invest in very early-stage companies with a very high risk of failure. Investors should be aware that Seed EIS qualification is not guaranteed and there is a risk that the entire investment could be lost. Investing in DSW Ventures Seed EIS fund is therefore subject to suitability assessments.