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Rethinking the capital stack: How venture debt can complement equity

Rethinking the capital stack: How venture debt can complement equity

Rethinking the capital stack: How venture debt can complement equity

May 29, 2025 at 8:30 AM

Treehouse Hotel, 14-15 Langham Pl, London W1B 2QS

Event has ended

AGENDA

What's happening

When startups look to raise capital, both venture capital and venture debt could be the perfect mix to help accelerate businesses to the next level. In this session, experienced investors Xixi Richter from the BlackRock Growth Lending team (formerly Kreos Capital) and Saranyah Douse from Octopus Ventures will discuss some key considerations when looking to raise both equity and debt capital and offer some guidance on deciding the optimal capital mix.

Some discussion topics:

  • How to structure the best deal for your business.

  • When to bring in venture capital and venture debt (and when not to).

  • Common pitfalls and how to avoid them.

  • Going through this now? Share your challenges, and we’ll adapt the discussion.


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© 2026 Bound. All rights reserved. Bound is a trading name of Bound Rates Limited.

Bound Rates Limited is registered in England and Wales (company number 13036275). Registered office: 16 Great Chapel Street, London W1F 8FL.

Regulatory status: Bound Rates Limited is authorised and regulated by the Financial Conduct Authority (FCA) as a MiFID investment firm (FRN 966723). It is also authorised by the FCA under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 1036025). You can check our authorisation on the FCA Register at register.fca.org.uk.

Not all of our products and services are regulated by the FCA. FX spot contracts, and forwards used to facilitate payment for identifiable goods, services or direct investment ("exempt forwards"), are not regulated. Your account terms set out which services are regulated.

This website is intended for UK businesses and is not an offer or solicitation in any jurisdiction where we are not authorised.

How your money is protected: Client money relating to our MiFID business is held in segregated accounts under the FCA's CASS rules. If we failed, eligible claimants may be able to claim up to £85,000 from the FSCS, and up to £120,000 per client per bank if a bank holding client money failed. Funds in settlement and margin held under title transfer are not segregated. E-money is safeguarded but is not protected by the FSCS. See fscs.org.uk for eligibility.

Risk: FX hedging carries risk. Read the FX Forwards Key Features and Risk Document (https://bound.co/legal/fx-forwards-key-features-and-risk-document) before trading.

Testimonials and case studies reflect individual customers' experiences and may not be representative. Results depend on each business's circumstances and market conditions. Past performance is not a reliable indicator of future results.

© 2026 Bound. All rights reserved. Bound is a trading name of Bound Rates Limited.

Bound Rates Limited is registered in England and Wales (company number 13036275). Registered office: 16 Great Chapel Street, London W1F 8FL.

Regulatory status: Bound Rates Limited is authorised and regulated by the Financial Conduct Authority (FCA) as a MiFID investment firm (FRN 966723). It is also authorised by the FCA under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 1036025). You can check our authorisation on the FCA Register at register.fca.org.uk.

Not all of our products and services are regulated by the FCA. FX spot contracts, and forwards used to facilitate payment for identifiable goods, services or direct investment ("exempt forwards"), are not regulated. Your account terms set out which services are regulated.

This website is intended for UK businesses and is not an offer or solicitation in any jurisdiction where we are not authorised.

How your money is protected: Client money relating to our MiFID business is held in segregated accounts under the FCA's CASS rules. If we failed, eligible claimants may be able to claim up to £85,000 from the FSCS, and up to £120,000 per client per bank if a bank holding client money failed. Funds in settlement and margin held under title transfer are not segregated. E-money is safeguarded but is not protected by the FSCS. See fscs.org.uk for eligibility.

Risk: FX hedging carries risk. Read the FX Forwards Key Features and Risk Document (https://bound.co/legal/fx-forwards-key-features-and-risk-document) before trading.

Testimonials and case studies reflect individual customers' experiences and may not be representative. Results depend on each business's circumstances and market conditions. Past performance is not a reliable indicator of future results.