Financial Services
Helping investors and institutions make the financial ecosystem fit for the companies of tomorrow.
The Challenge
The capital exists, but the instruments to deploy it often don't
Emerging, capital-intensive technologies rarely fit the mandates of existing capital providers. Venture funds stop short of plant-scale capital, lenders look for proven technology and contracted revenues, and public money is spread across programmes that were not designed to work together.
The result is a gap in the capital stack at exactly the stage where companies move from their first-of-a-kind plant to commercial scale. Closing it takes new structures, such as blended finance, guarantees, first-loss and co-investment, designed so that public and private capital each carry the risk they are best placed to hold.
What We Do
Making the financial ecosystem fit for purpose
TFN works with development banks, public agencies, funds and corporate investors. We assess where capital stacks break down, design the instruments and programmes that close funding gaps, and support investors with thesis development, origination, diligence and portfolio management, drawing on our day-to-day work raising capital for the companies themselves.
Who We Work With
The investors and institutions behind emerging technologies
Public & development finance
Development banks, government agencies and public programmes designing instruments that crowd in private capital.
Funds & asset managers
Investors building a thesis in emerging technologies, from origination and diligence to managing the portfolio.
Corporate & strategic investors
Corporates and their venture arms investing in, partnering with and exiting positions in new technologies.
How We Support Our Clients
Practical expertise from the deal table
Capital stack analysis
Assessing how financing for first-of-a-kind and scaling companies is structured, and where it breaks down.
Instrument design
Designing de-risking mechanisms, such as guarantees, first-loss and co-investment, that crowd in private capital.
Investment strategy
Thesis development, opportunity scouting and diligence support for new investments.
Portfolio management
Exit, secondary and value-creation support across existing portfolios.
Selected Clients
Organisations we have worked with
Get In Touch
Want to know more?
Speak to the team about capital stacks, de-risking instruments and investment strategy for emerging technologies.
Reach out to us