You are inside the private investor data room for The Hub Seed Round 2026. All documents and information on this page are confidential and provided for due diligence purposes only. They are not for distribution.
Both legal documents are provided in draft form pending final legal review. You are encouraged to review them with your own solicitor before signing.
The Seed raise funds Stage 01 in full — everything required to reach Series A with a validated flagship and a confirmed operator pipeline.
Figures shown at the £750,000 target raise. Ceiling raise of £1,000,000 accelerates technology and site timelines; allocation proportions remain broadly consistent.
30% income tax relief and full CGT exemption on profits. Identical ASA terms — same discount, same cap, same conversion point. The only difference is the relief rate.
The SEIS tranche closes when £250,000 is committed, or by mutual agreement with the founding team — whichever comes first. There is no reserved allocation. EIS opens immediately on SEIS close. If you are interested in the SEIS tranche, early commitment is advisable.
All ASA holders convert simultaneously at Series A. The conversion trigger is a qualifying raise of £2,000,000 or more. At that point, your investment converts to equity at whichever price is more favourable to you: 20% below the Series A share price, or the price implied by a £3,000,000 valuation cap. SEIS and EIS investors convert on the same terms at the same moment.
MFN stands for Most Favoured Nation. If any subsequent ASA investor — someone who comes in after you — receives better terms than you (a larger discount, a lower valuation cap, or stronger protections of any kind), those better terms automatically apply to all existing ASA holders. You will never be on worse terms than a later investor in this round.
Before your ASA converts to equity, you are entitled to a 2× return of your investment in any exit or liquidity event. This means that if the company is sold or has a liquidity event before Series A, you receive twice your invested amount before conversion mechanics apply. It is a protective floor, not a return cap.
The longstop clause gives you the right to request repayment of your investment at the end of the 36-month period if no qualifying Series A has occurred. The longstop does not trigger automatically — it is your right to exercise. If you choose not to exercise it, the ASA continues.
No. SEIS and EIS investments cannot be held inside an ISA or pension wrapper (SIPP). They are held directly by the individual investor, which is how the income tax relief and CGT exemptions are claimed. Your solicitor or financial adviser can confirm this as part of your due diligence.
It is recommended but not required. The ASA is a standard early-stage investment instrument and is straightforward to review. We encourage you to show it to your own adviser. There is no pressure to sign quickly — the round has a timeline, but we will not rush your decision.
Sean Rafter directly. He handles all investor conversations personally.
Email: sean@thehubinvest.com
Phone: +44 (0)7467 875 533
Speak to Sean. No obligation. Any question answered.