Don't invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Estimated reading time: 2 min
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
What are the key risks?
- You could lose all the money you invest
- If the business you invest in fails, you are likely to lose 100% of the money you invested. Most start-up businesses fail.
- You are unlikely to be protected if something goes wrong
- Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here.
- Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
- You won’t get your money back quickly
- Even if the business you invest in is successful, it may take several years to get your money back. You are unlikely to be able to sell your investment early.
- The most likely way to get your money back is if the business is bought by another business or lists its shares on an exchange such as the London Stock Exchange. These events are not common.
- If you are investing in a start-up business, you should not expect to get your money back through dividends. Start-up businesses rarely pay these.
- Don’t put all your eggs in one basket
- Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
- The value of your investment can be reduced
- The percentage of the business that you own will decrease if the business issues more shares. This could mean that the value of your investment reduces, depending on how much the business grows. Most start-up businesses issue multiple rounds of shares.
- These new shares could have additional rights that your shares don’t have, such as the right to receive a fixed dividend, which could further reduce your chances of getting a return on your investment.
If you are interested in learning more about how to protect yourself, visit the FCA’s website here.
| Sector: | Sustainability Focus |
|---|---|
| Target return: | 3x |
| Minimum investment: | £10,000 |
| Targeted allotment: | 2025/26 |
| Next deadline: | 31 Oct 2025 |
Important documents
| Sector: | Sustainability Focus |
|---|---|
| Target return: | 3x |
| Minimum investment: | £10,000 |
| Targeted allotment: | 2025/26 |
| Next deadline: | 31 Oct 2025 |
Important documents
OnePlanetCapital’s new SEIS fund is a Sustainability Focus fund seeking companies with the potential to reduce greenhouse gas emissions or safeguard the natural environment.
The fund launched in mid 2024 and is managed by OnePlanetCapital, which has been investing in similar companies under EIS since 2021.
OnePlanetCapital was founded by a team of experienced entrepreneurs who between them have built and sold businesses worth more than £150 million. They believe companies that create innovative solutions to help to tackle climate change could achieve considerable commercial success and returns for investors, not guaranteed.
To date, the SEIS fund has invested £230,000 in nine companies.
- Target return of 3x over a holding period of 6 to 10 years – not guaranteed
- Targets a portfolio of 10-20 companies, not guaranteed
- Minimum investment £10,000 – you can apply online
- Deadline: 31 October 2025 for 2025/26 deployment, not guaranteed
Important: The information on this website is for experienced investors. It is not a personal recommendation to invest. If you’re unsure, please seek advice. Investments are for the long term. They are high risk and illiquid and can fall as well as rise in value: you could lose all the money you invest.
The manager
OnePlanetCapital was founded in 2020 by a team of three successful entrepreneurs who have between them founded and exited businesses worth £162.6 million.
Matt Jellicoe started and exited three tech businesses after six years as Marketing Director of Sportingbet Plc; Ed Stevens founded and exited two media & technology businesses, whilst Anthony Chant co-founded and exited engineering consulting group Edif.
They believed the transition to a green economy could create compelling investment opportunities and created OnePlanetCapital to capitalise on them.
They made the first EIS investment in late-2021 and have to date invested a total of over £10 million in 33 companies tackling climate change and the world’s biggest environmental problems across the EIS and the new SEIS fund.
All three co-founders act as Investment Directors to the fund. They are supported by two advisory panel members: Victoria Peppiatt, a serial entrepreneur previously named Management Today’s Tech Entrepreneur of the Year, and Daniel Perrett, an experienced scale-up CFO.
OnePlanetCapital Limited is the investment adviser to the fund. Kin Capital Partners LLP acts as the fund manager and custodian, holding investor cash prior to investment. Shares will be held by the nominee, KCP Nominees Limited.
Meet the manager
Matthew Jellicoe, OnePlanetCapital – watch now
Investment strategy
Every company the fund invests in must be developing a product or service that will help “reduce greenhouse gas emissions or safeguard the natural environment”. Companies are assessed against the 17 UN Sustainable Development Goals and expected to agree an impact key performance indicator (KPI) related to carbon reduction.
The fund considers software, hardware and science-centric investments, so long as companies have the potential to become leaders in large and growing markets, with a first-class leadership team. It favours subsectors including: energy, transport, mobility & logistics, buildings & construction, packaging, waste & recycling and technology.
The fund will seek to appoint a board director and may provide additional support services such as marketing, finance, tax and administration.
Portfolio
OnePlanetCapital launched the SEIS fund in mid-2024 and has invested £230,000 in nine deals, with a further five pending (December 2024).
Investors are expected to receive a portfolio of 10-20 companies.
Below are examples of previous investments made by the OnePlanetCapital Climate Change SEIS Fund. They are outlined to give a flavour of the types of companies you might expect but are unlikely to be part of a new investor's portfolio.
Deep Blue BioTech
Deep Blue BioTech, founded in May 2023, is looking to use cyanobacteria – more often known as blue-green algae or simply pond scum – to manufacture high-end industrial chemicals using light, water and CO2. This process is greener than alternatives as it absorbs carbon dioxide and replaces chemicals often derived from fossil fuels.
The company is targeting chemicals worth “north of $2,000-$3,000 per kilo” where it believes it can achieve healthy margins while still undercutting existing technologies. Its first product is hyaluronic acid – an ingredient in skincare products – with fabric dyes also under consideration.
The Climate Change SEIS Fund invested in October 2024 alongside the Startup Funding Club SEIS Fund. The funding is expected to kick off the company’s first paid pilots, as well as explore a second product.
VundaHaus
There are an estimated 45 million solid-wall homes in Europe. This older housing stock is difficult and expensive to insulate, and responsible for an estimated 120Mt of CO2 emissions every year.
VundaHaus uses 3D scanning technology to create an accurate model of each property and design and manufacture bespoke retrofit insulation kits, or thermal envelopes, offsite. These are then delivered fully labelled with detailed assembly instructions. VundaHaus claims its product can be installed up to 4x faster than traditional methods, reducing the cost of insulating Europe’s ageing housing stock.
The Climate Change SEIS Fund first invested in November 2024.
Exit and failure examples
There have been no exits or failures to date, as this is a new fund, which has only recently started to deploy capital. OnePlanetCapital’s EIS fund has also seen no exits or failures to date. When you invest in young companies, you should expect some to fail.
Performance
As a new fund, the OnePlanetCapital SEIS fund does not yet have a track record. However, it is expected to follow a similar strategy, albeit at an earlier stage, to its EIS sister fund.
The chart below shoes the performance of the OnePlanetCapital EIS fund in each of the last 10 full tax years (or from when the current strategy was adopted if later). The chart is based on the latest valuations provided by the manager, expressed on a £100 invested basis. Please note, individual investor portfolios’ performance will deviate from the average.
Performance per £100 invested in each tax year
Source: OnePlanetCapital, as at January 2025. Past performance is not a guide to future performance. The chart shows realised returns (where share proceeds have been returned to investors as cash) and unrealised returns (where cash has not yet been returned and the value of the investments is based on the manager’s own valuation methodology). There is no ready market for unlisted shares. The figures shown are net of all fees and do not include any income tax relief or loss relief.
Risks – important
This, like all investments available through Wealth Club, is only for experienced investors happy to make their own investment decisions without advice.
SEIS investments are high-risk and should only form part of a balanced portfolio. As must be expected with early-stage investments, some or even all of the companies in the portfolio could fail: the fewer the companies included in the portfolio, the higher the risk of loss if things don’t go to plan. You should not invest money you cannot afford to lose.
There is no ready market for unlisted SEIS shares: they are illiquid and hard to sell and value. There will need to be an exit for you to receive a realised return on your investment. Exits are likely to take considerably longer than the three-year minimum holding period; equally, an exit within three years could impact tax relief.
To claim tax relief, you will need SEIS3 certificates, normally issued once shares have been allotted. This can take several months: please check the deployment timescales carefully. Tax reliefs depend on the portfolio companies maintaining their SEIS-qualifying status. Remember, tax rules can change and benefits depend on circumstances.
Before you invest, please carefully read the Risks and Commitments and the offer documents to ensure you fully understand the risks.
Charges
A summary of the main charges is shown below. Some of these will be payable by the investor, whilst others by the investee companies. The investment may have additional charges and expenses: please see the provider documents, including the Key Information Document, for more details.
| Investor charges | |
|---|---|
| Initial charge | 2.5% |
| Annual management charge | 1.0% |
| Administration charge | — |
| Dealing charge |
— |
| Performance fee | 30% |
| Investee company charges | |
| Initial charge | 7-10% |
| Annual charges | See documents |
The fees and charges above are stated exclusive of VAT, which applies in some cases, as determined by the manager. Please check the VAT position carefully in the provider documents. Any fees and charges payable by the investee companies or the underlying businesses do not directly come out of your investment. However, they will effectively reduce the returns generated by investee companies and therefore impact your investment.
More detail on the charges
When you invest through us, Wealth Club will receive initial commission (4.5%) and trail commission (0%). These are paid by the provider – there is no additional cost to you.
Investor charges may be deducted from the subscription. This will reduce the amount invested and on which tax relief can be claimed.
Any investee company charges are levied on the underlying companies. They will not affect the amount of tax relief available but can still impact investor returns.
The performance fee applies on returns in excess of £1.20 per £1 invested. Whilst not uncommon among SEIS funds, this is a low hurdle. Performance fees are calculated on a portfolio basis.
Other charges apply. Please see the provider’s documents, including the Key Information Document, for more details.
Our view
OnePlanetCapital’s SEIS fund has a Sustainability Focus and offers investors the opportunity to back a portfolio of early-stage companies that are looking to solve some of the world’s most pressing environmental challenges.
The fund is still very young and so has yet to develop a track record. However, it may appeal to investors who are looking to build a larger, more diversified portfolio of SEIS companies and who have a particular interest in backing innovation that could help reduce carbon emissions.
This financial promotion has been communicated and approved by Wealth Club Ltd on 24 March 2025
Wealth Club aims to make it easier for experienced investors to find information on – and apply for – investments. You should base your investment decision on the offer documents and ensure you have read and fully understand them before investing. The information on this webpage is a marketing communication. It is not advice or a personal or research recommendation to buy any of the investments mentioned, nor does it include any opinion as to the present or future value or price of these investments. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.