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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

o2h Ventures Recognised at EISA Impact Awards 2025 for Exonate’s Topical Eye-Drop for Diabetic Retinopathy
Jun 20 2025

Cambridge, UK: 

o2h Ventures is honoured to have been Highly Commended in the Impact Award category at the Enterprise Investment Scheme Association (EISA) Awards 2025, held at the House of Lords on 19 June. The commendation highlights o2h Ventures’ pivotal investment into Exonate, a Cambridge-based biotech company developing an innovative, non-invasive eye drop treatment for diabetic eye disease and wet age-related macular degeneration (AMD).

The EISA Impact Award celebrates EIS/SEIS investments that deliver measurable benefits to society or the environment. Exonate’s breakthrough therapy has the potential to transform retinal disease treatment, offering millions of patients worldwide a safer, needle-free alternative to current invasive injections.

This recognition underscores o2h Ventures’ broader commitment to nurturing and supporting early-stage biotech companies in the UK that are addressing diseases of high unmet medical need. In addition to Exonate, the o2h Ventures portfolio includes more than 36 companies working in areas such as anti-aging, cancer, depression, disease of the ear and eye, psoriasis, Idiopathic Pulmonary Fibrosis and infectious diseases. 

Many of these ventures are university spinouts from Cambridge, Oxford, UCL, Dundee, Sussex, and Nottingham, reflecting o2h Ventures’ dedication to translating cutting-edge research into real-world therapies. o2h Ventures often takes an active role in these biotechs—leading funding rounds, supporting strategic development, and holding board positions to help them scale and succeed.

For more information about the EISA Awards and to view the full list of finalists, please visit: https://eisa.org.uk/events/eisa-awards-2025 

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related stories
  • o2h Ventures Recognised at EISA Impact Awards 2025 for Exonate’s Topical Eye-Drop for Diabetic Retinopathy 20 June, 2025
  • o2h Ventures Shortlisted for Two EISA Awards 2025: Impact and Ecosystem Champion 31 May, 2025
  • o2h Ventures Makes SEIS investment in Sansanima, A University of Sheffield Spinout Developing Alternatives to Animal Testing 28 May, 2025
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Please refer to the relevant fund’s full risk warnings contained in their Information Memorandums.
Your capital is at risk. Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. o2h Ventures’ funds are targeted exclusively at sophisticated or high net worth investors who understand these risks and make their own investment decisions. Tax relief depends on an individual’s circumstances and may change in the future. In addition, the availability of tax relief depends on the company invested in maintaining its qualifying status. Past performance is not a reliable indicator of future performance. You should not rely on any past performance as a guarantee of future investment performance.
o2h ventures Limited is regulated and authorised by the Financial Conduct Authority (FRN 812245). Capital at risk, only suitable for high net worth and sophisticated investors
© 2025 o2h ventures
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Risk Information

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk

What are the key risks?

1 – 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 invest. Most start-up businesses fail.

2 – 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. (https://www.fscs.org.uk/check/investment-protection-checker)

• 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. (https://www.financial-ombudsman.org.uk/consumers)

3 – 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.

4 – 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 (https://www.fca.org.uk/investsmart/5-questions-ask-you-invest)

5 – 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 addition 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 (https://www.fca.org.uk/investsmart)