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British Business Bank

  • 13books Capital raises £121m for fintech venture capital fund

    July 17, 2024

    13books Capital focuses on early-stage fintech companies catering to the increasing digitisation of the financial services industry.

  • UK surpasses India as world’s third-largest venture capital market

    July 11, 2024

    The UK has leapfrogged India to become the world's third-biggest venture capital market, new figures show, as analysts forecast a return to growth after a drop-off in investment and dealmaking in recent years.

  • Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’

    July 9, 2024

    Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.

  • British Patient Capital invests £90m London biotech company

    July 8, 2024

    British Patient Capital recently also invested £10m into biotech firm Curve Therapeutics to support its cancer drug discovery technology.

  • Why pension trustees need to embrace a ‘win-win’ and back British firms

    May 16, 2024

    Pension trustees must embrace a “win-win” and begin backing Britain’s homegrown tech companies if younger Brits are to retire with comfortable pension pots, the founding chief of the British Business Bank has warned.

  • British Patient Capital invests over £40m to boost UK cyber security firms

    April 25, 2024

    The UK's cyber security industry is currently in high demand due to a rise in attacks, especially on businesses and high-income charities.

  • Mercia wins additional British Business Bank contracts to boost growth in Yorkshire and the Humber

    March 21, 2024

    London-based asset manager Mercia has won two more regional investment fund mandates from the British Business Bank.

  • British Business Bank launches sequel to billion pound Northern Powerhouse fund

    March 21, 2024

    A new fund aiming to invest £660m in companies across the North of England has been launched by the British Business Bank.

  • Mercia AM secures £207m in British Business Bank contracts for Midlands investments

    February 29, 2024

    The specialist asset manager will be managing the Midlands Engine Investment II funds, after winning the procurement process.

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