British Business Bank

British Business Bank, established in 2013, is a UK-based government-owned development bank. It facilitates economic growth by improving access to finance for smaller businesses. The bank offers a range of financial services, including asset-backed lending, leasing facilities, and start-up loans. Through its subsidiary, British Business Investments, it invests in finance providers, small-cap debt funds, and venture capital funds, typically committing between £5 million and £200 million. It also invests directly into Challenger Banks and alongside Angel Networks and Fund-of-Funds. The bank operates on a commercial basis, aiming to generate a return on its investments without any government advantage.

Steve Conibear

UKN Director, South West

Ian Connatty

Deputy Chief Investment Officer

Peter Garnham

Managing Director

Robert Greenwood

Senior Investment Manager

Adam Kelly

Managing Director

Andy Littlewood

Managing Director, IT Infrastructure and Operations

George Mills

Director - Deeptech, Direct and Co-Investments

Reinald de Monchy

MD

Mark Wilcockson

Senior Investment Manager-Regional Funds

Mark Sterritt

Director of Nations and Regions Funds

Sarah Newbould

Senior Investment Manager, Regional Funds

Past deals in Scotland

Archangels

Venture Round in 2023
Archangels, a prominent business angel syndicate founded in 1992 and headquartered in Edinburgh, has been a key player in early stage investing in Scotland for over two decades. With more than 60 investor members, Archangels coordinates investments exceeding £10 million annually in early stage Scottish companies, focusing on technology, software, and life sciences sectors. Committed to giving back, supporting young Scottish companies, generating attractive investment returns, and fostering a fun environment, Archangels leverages its executive team's diverse expertise to aid in the creation and growth of startups, ultimately aiming to maximize investor returns.
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