Business Growth Fund

Business Growth Fund, established in 2011, is a prominent investor in small and mid-sized businesses, offering patient capital and strategic support to growing companies and ambitious entrepreneurs. As the UK and Ireland’s most active investor in small and medium-sized companies, they have £2.5bn to support businesses across various sectors and regions. With 14 offices, they are closely connected to the businesses they invest in. Boasting a team of over 150 professionals and a network of board-level executives, they aim to drive economic activity by enabling entrepreneurs to scale up their businesses and contribute to increased employment, exports, and overall growth. The companies in their portfolio collectively employ close to 50,000 people, highlighting their significant impact on the business landscape.

Olly Cutting

Investor

David Gammie

Investor

Nigel Rudd

Chairman

James Skade

Investor

Alex Snodgrass

Investor

Hannah Waters

Investor

Past deals in Wireless

Forefront RF

Series A in 2024
Forefront RF is a fabless semiconductor company specializing in radio frequency technology. The company focuses on simplifying the design of multi-band smartphones, wearables, and Internet of Things (IoT) devices. By developing advanced radio frequency components, Forefront RF enhances the ability of these devices to receive weak signals while transmitting, thereby increasing their market reach and accessibility.

TidalSense

Venture Round in 2023
TidalSense is a developer of AI-driven respiratory diagnostic and monitoring technologies, specializing in innovative sensor tools for detecting changes in lung function. The company’s proprietary sensor technology, known as N-Tidal, rapidly converts sensor data into novel respiratory biomarkers in near-real-time, allowing for quick and accurate assessments of lung health. The device is portable, handheld, and 4G connected, ensuring high patient acceptability and ease of use. TidalSense has created an affordable AI-driven diagnostic test for chronic obstructive pulmonary disease (COPD) that automates both testing and interpretation, significantly reducing the time required for diagnosis from the clinical standard of 30 minutes to under five minutes. This advancement in respiratory monitoring aims to enhance healthcare outcomes by providing timely and effective diagnostic solutions.

Forefront RF

Venture Round in 2023
Forefront RF is a fabless semiconductor company specializing in radio frequency technology. The company focuses on simplifying the design of multi-band smartphones, wearables, and Internet of Things (IoT) devices. By developing advanced radio frequency components, Forefront RF enhances the ability of these devices to receive weak signals while transmitting, thereby increasing their market reach and accessibility.

Aiber

Venture Round in 2022
Aiber is a company that develops innovative software and medical support systems aimed at enhancing emergency care in international first response scenarios. By utilizing Bluetooth sensors, Aiber's solutions enable wireless monitoring of vital signs, facilitating the detection of patient deterioration or improvement. Their medical-grade sensors empower crews to effectively manage medical emergencies in various environments, including air and sea travel. This technology allows for the seamless sharing of vital sign data with ground-based medical providers, ensuring consistent and informed care for passengers during flights. Overall, Aiber is dedicated to improving medical response capabilities and supporting remote healthcare initiatives.

TidalSense

Seed Round in 2021
TidalSense is a developer of AI-driven respiratory diagnostic and monitoring technologies, specializing in innovative sensor tools for detecting changes in lung function. The company’s proprietary sensor technology, known as N-Tidal, rapidly converts sensor data into novel respiratory biomarkers in near-real-time, allowing for quick and accurate assessments of lung health. The device is portable, handheld, and 4G connected, ensuring high patient acceptability and ease of use. TidalSense has created an affordable AI-driven diagnostic test for chronic obstructive pulmonary disease (COPD) that automates both testing and interpretation, significantly reducing the time required for diagnosis from the clinical standard of 30 minutes to under five minutes. This advancement in respiratory monitoring aims to enhance healthcare outcomes by providing timely and effective diagnostic solutions.

Forefront RF

Seed Round in 2021
Forefront RF is a fabless semiconductor company specializing in radio frequency technology. The company focuses on simplifying the design of multi-band smartphones, wearables, and Internet of Things (IoT) devices. By developing advanced radio frequency components, Forefront RF enhances the ability of these devices to receive weak signals while transmitting, thereby increasing their market reach and accessibility.

TidalSense

Seed Round in 2020
TidalSense is a developer of AI-driven respiratory diagnostic and monitoring technologies, specializing in innovative sensor tools for detecting changes in lung function. The company’s proprietary sensor technology, known as N-Tidal, rapidly converts sensor data into novel respiratory biomarkers in near-real-time, allowing for quick and accurate assessments of lung health. The device is portable, handheld, and 4G connected, ensuring high patient acceptability and ease of use. TidalSense has created an affordable AI-driven diagnostic test for chronic obstructive pulmonary disease (COPD) that automates both testing and interpretation, significantly reducing the time required for diagnosis from the clinical standard of 30 minutes to under five minutes. This advancement in respiratory monitoring aims to enhance healthcare outcomes by providing timely and effective diagnostic solutions.

AdEPT Technology Group

Post in 2017
AdEPT Technology Group is an independent provider of communications solutions based in the UK. The company offers a comprehensive portfolio that includes fixed-line calls, line rental, mobile services, data connectivity, hardware, managed services, WiFi, and IP telephony. AdEPT focuses on delivering both onsite and cloud-based telephony solutions, catering to a diverse range of business and residential customers. Its offerings encompass flexible technical and commercial options, allowing clients to enhance their communication capabilities. Through its managed services, AdEPT also provides support and maintenance, ensuring that customers can effectively manage their communication needs and improve overall operational efficiency.

Bigblu Broadband

Post in 2016
Bigblu Broadband plc is an independent broadband service provider that specializes in satellite and wireless telecommunications. Operating primarily in the United Kingdom, Europe, and Australia, the company offers a range of services including fixed wireless broadband, satellite broadband, and next-generation connectivity solutions. Its product line includes hardware, installation services, and ongoing customer support, catering to a diverse clientele that encompasses residential users, corporations, the military, and government entities. Bigblu Broadband operates under several brand names, including Bigblu, Breiband, and SkyMesh, among others. The company focuses on delivering reliable broadband services in areas where traditional fixed-line infrastructure is unavailable, ensuring timely solutions for its customers.

Sub10 Systems

Venture Round in 2013
Sub10 Systems is a UK-based company located in Devon that specializes in the design, development, and sale of advanced Millimetre Wave (MMW) wireless Ethernet bridges. Founded in 2010, the company focuses on providing high-performance wireless devices for data transfer, catering primarily to telecommunications companies and large network operators. The team at Sub10 Systems comprises professionals with extensive experience in senior leadership roles within leading telecommunications manufacturing and sales firms.
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