British Business Bank

The British Business Bank, established in 2014, is a state-owned economic development bank in the United Kingdom focused on enhancing the finance markets for smaller businesses. By leveraging governmental resources and expertise, the bank designs programs that improve access to finance for various business sectors. Its commercial subsidiary, British Business Investments, operates independently to seek investments while aiming for commercial returns, without relying on government advantages. The bank collaborates with a diverse array of finance providers, including banks, leasing companies, venture capital funds, and online platforms, to effectively address the unique financial needs of smaller enterprises and stimulate economic growth.

Anu Adebajo

Investment Manager

Richard Coldwell

Director

Ian Connatty

Managing Director, Funds

Ken Cooper

Managing Director of Venture Capital Solutions

Sam Ettelaie

Venture Capital Investment Manager

Christopher Fox

Chief Financial Officer and Head of Central Services

Peter Garnham

MD

Adam Kelly

Director

Phillip McLelland

Managing Director, Finance

Morgan, Keith C. W.

Chief Executive Officer

48 past transactions

Apera Asset Management

Funding Round in 2023
Apera Asset Management LLP is a private equity firm specializing in senior-secured, unitranche, subordinated equity, and equity co-investments in lower mid-market companies. The firm seeks to invest with a sector agnostic approach across the United Kingdom, DACH region, France, Benelux, and Nordic countries. It typically invests between EUR15 million (USD17 million) and EUR50 million (USD56.7 million). The firm prefers to invest in private equity-sponsored deals but could also invest approximately 10 percent of its deals without a financial sponsor. Apera Asset Management LLP was founded in 2016 and is based in the London, United Kingdom with additional offices in Luxembourg City, Luxembourg, Munich, Germany and Paris, France.

Kingsway Asset Finance

Debt Financing in 2023
Kingsway Asset Finance is an independent company that specializes in asset finance and equipment leasing, primarily serving the small and medium-sized enterprise (SME) market in the UK. The firm provides a range of financial products, including commercial loans, professional loans, hire purchases, leases, and recovery loan schemes, designed to meet the diverse needs of its clients. By focusing on the SME sector, Kingsway Asset Finance aims to deliver tailored financial solutions that support business growth and sustainability.

Allica Bank

Series C in 2022
Allica Bank offers commercial mortgages for limited companies.

Allica Bank

Debt Financing in 2022
Allica Bank offers commercial mortgages for limited companies.

Nuclera

Series B in 2022
Nuclera is developing a bench-top gene and protein printer.

Zedify

Seed Round in 2022
Zero emission first and last mile deliveries in cities.

Folk2Folk

Debt Financing in 2021
Folk2Folk offers simple, straightforward, local lending and borrowing. They are not a Bank, Brokerage, seller of financial products, Deposit Taker, Fund Manager, or Adviser to any party. They don’t manage or arrange funds or offer banking or brokering services; neither do they sell or give advice on financial products. They organise the secured lending of money between local folk without the involvement of City institutions

CAPSLOCK

Debt Financing in 2021
Capslock is a revolutionary new school where adults can kick-start their new career in cyber security, in just 4 months. Instead of paying tuition up-front, Capslock learners pay tuition in monthly instalments once they land a high paying job. Learn via live, instructor-led tuition and get workplace-ready with a curriculum built around real-life problems and hands-on skill development. In 2021, Capslock will be re-skilling 200 adults in cyber security, helping to bridge the UK’s urgent skills gap.

Sofant Technologies

Venture Round in 2021
Sofant Technologies Ltd is a company based in Edinburgh, United Kingdom, that specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Founded in 2011, Sofant focuses on developing innovative antenna and RF micro-electro-mechanical systems (MEMS) technologies. Its product offerings include compact smart antennas, adaptive impedance matching modules, and various RF MEMS components such as capacitors and phase shifters. The company aims to address challenges related to power consumption and heat management in high-frequency phased array antenna systems, providing low-cost solutions that enhance mobile device performance.

MySense

Seed Round in 2021
MySense offers reassurance and peace of mind by giving users, their families and caregivers, the opportunity to get in front of a range of health problems to stay at home, safer and independently. Our Product collects data related to the activities of daily living through passive IoT sensors and our AI recognises changes to those patterns of daily living earlier and offers wellbeing insights to professionals, support staff, families and carers. This allows responders to plan ahead rather than react in crises. In a recent evaluation conducted by one of the NHS Foundation Trusts we work with we saw a reduction of 64% in unplanned admissions into hospital and a 58% reduction in GP appointments, We work with the NHS, Local Government, resellers and private care organisations.

Apera Asset Management

Funding Round in 2021
Apera Asset Management LLP is a private equity firm specializing in senior-secured, unitranche, subordinated equity, and equity co-investments in lower mid-market companies. The firm seeks to invest with a sector agnostic approach across the United Kingdom, DACH region, France, Benelux, and Nordic countries. It typically invests between EUR15 million (USD17 million) and EUR50 million (USD56.7 million). The firm prefers to invest in private equity-sponsored deals but could also invest approximately 10 percent of its deals without a financial sponsor. Apera Asset Management LLP was founded in 2016 and is based in the London, United Kingdom with additional offices in Luxembourg City, Luxembourg, Munich, Germany and Paris, France.

Deepbridge Capital

Venture Round in 2021
Deepbridge is a different kind of investment manager. They work closely with financial advisers and investors to design innovative products, ranging from investment in technology growth companies to asset-backed renewable energy projects. They also partner with innovative and committed management teams to help UK based companies realise their potential and become successful leading-edge businesses.

Algbra

Seed Round in 2021
Algbra is a next-generation sustainable and value-focused fintech platform.

Halalbooking

Series B in 2021
HalalBooking Ltd. is a travel booking platform specializing in halal leisure holidays and Islamic Heritage tours. Founded in 2009 and headquartered in London, the company caters to a diverse customer base of Muslim travelers from Europe, the Middle East, and around the world. HalalBooking enables users to search for and book accommodations that meet their specific requirements, such as hotels and villas with women-only pools, halal food options, and alcohol-free environments. The platform serves as a comprehensive resource for halal-conscious travelers, offering tools to find suitable hotels, resorts, and villas that align with their values and preferences. HalalBooking operates as a subsidiary of Crescent Tours Ltd. and employs a team of approximately 50 staff members.

Clim8 Invest

Seed Round in 2021
According to the United Nations, the world needs to invest $2.4 trillion dollars, every year, into clean energy, from now until 2035, to meet the climate change targets. At Clim8, our mission is to move billions of pounds of investments into clean energy and truly green, sustainable companies. We set up Clim8 to help make a better world for our children. We and others need to do much more. And we need to do this NOW.

Lightpoint Medical

Series C in 2021
Lightpoint Medical, Ltd., a medical device company, develops imaging technologies for cancer surgery. It develops Cerenkov Luminescence Imaging technology that detects cancer in real-time during surgery, and reduces the likelihood of cancer recurrence and the need for reoperation. Lightpoint Medical, Ltd. was formerly known as Artemis Diagnostics Ltd. and changed its name to Lightpoint Medical, Ltd. in January 2013. The company was founded in 2012 and is based in Rickmansworth, United Kingdom.

B2Space

Series A in 2021
We provide a reliable, flexible and low cost access to Low Earth Orbit for small and micro satellites

C-Capture

Venture Round in 2021
C-Capture Ltd utilise their extensive knowledge of CO2 (carbon dioxide) based chemistry and engineering, to develop a bottom-up approach to designing solvent systems for the removal of CO2 from gas streams. CO2 is considered to be a ‘greenhouse gas’ and its release into the atmosphere is one of the leading contributors to global warming.

Broadstone

Venture Round in 2021
Broadstone’s “Labour-as-a-Service” staffing platform allows jobseekers to find fair and flexible temporary work opportunities with some of the largest employers in the UK. Making window ads in traditional high street staffing agencies a thing of the past. Broadstone provides, A New Way of Working.

SyndicateRoom

Debt Financing in 2021
SyndicateRoom is fintech company made up of data-scientists, investment professionals, software developers and marketers with one mission: to be an early investor in every British startup success story. To do this – and make fund investors money – we don’t try to spot the next Big Thing. Instead, we apply a data-driven model to portfolio construction; a repeatable process designed to maximise returns and minimise risk for fund investors. As such, we build startup portfolios that don’t attempt to predict the future; they work to stack the odds in investors’ favour. Our fund, Access EIS, aims to build investors a diversified portfolio of 50+ companies by co‑investing exclusively with some of the UK’s best-performing angel investors.

Liberis

Debt Financing in 2020
Liberis Limited is a financial services provider based in London, United Kingdom, specializing in cash advances and loans for small and medium enterprises. Founded in 2007, the company aims to enhance access to finance for small businesses by offering tailored financial solutions. Through its embedded finance platform, Liberis provides alternative financing options that support business growth and foster valuable relationships between partners and small business customers. Since its inception, Liberis has assisted over 10,000 small businesses globally, facilitating more than £300 million in funding and contributing to the support of approximately 82,000 jobs.

Nebeus

Convertible Note in 2020
Nebeus is a fintech platform founded in 2014 in England, focused on connecting cryptocurrency with traditional cash transactions. It provides secure and compliant financial services, including instant crypto-backed loans, allowing customers to leverage their digital assets without needing to liquidate them. Nebeus has facilitated over £30 million in transactions, primarily operating in the UK and Europe. The platform enables users to earn from their crypto investments, send cash to over 150 countries, and access funds through various payment channels, including VISA and Mastercard. Additionally, customers can transfer and deposit money at more than 230,000 retail locations and post offices. By offering these services, Nebeus aims to empower cryptocurrency holders to utilize their digital assets in everyday financial activities.

Assetz Capital

Venture Round in 2020
Assetz Capital is a direct lending platform that connects investors with business borrowers, primarily focusing on small and medium enterprises (SMEs), bridging finance, and property development. Founded in 2012 and headquartered in Manchester, United Kingdom, the company operates as a peer-to-peer lender, utilizing a network of over 90,000 high-net-worth individual investors. Unlike many peer-to-peer lending platforms, Assetz Capital assesses each loan individually and requires tangible security, which enhances the security of investments. The platform offers various financial products, including business funding solutions, quick access accounts, property-secured accounts, and manual lending accounts, catering to the diverse needs of businesses seeking finance.

DMALINK

Seed Round in 2020
DMALINK is a bank-independent London based electronic execution venue for professional Foreign Exchange traders offering access to anonymous, proactively tailored and sustainable FX liquidity pools with particular focus on emerging markets. Counterparties transacting on DMALINK include Banks, Funds, Money Managers, HFT’s, CTA’s, and Proprietary Trading Firms from across the globe. An expansive understanding of the FX market and its dynamics provide distinct benefit to buy and sell side participants; directly influencing the quality of trade execution through consistent increase and consequent maintenance of optimal fill rates and price. The firm’s highly tailored offering combines innovative FX liquidity management expertise, deeply rooted industry knowledge, and a refreshingly creative boutique approach to sustainable Foreign Exchange trading services to benefit its global participants.

Mashroom

Convertible Note in 2020
Mashroom is a prop-tech startup that provides end-to-end property letting services to landlords and tenants.

Red61

Venture Round in 2020
Red61 Limited is a ticketing software and consultancy provider based in Edinburgh, United Kingdom, serving clients in the United Kingdom, Australia, Ireland, and Abu Dhabi. The company specializes in offering ticketing solutions for festivals, events, venues, and ticket agencies, with its flagship product being VIA, a system designed to manage high-volume ticket sales across festivals and multi-site networks. Founded by Box Office Manager Tony Davey and software designer Peter McNaught, Red61 emerged from a desire to transform the ticketing industry by addressing the common frustrations faced by organizations with existing suppliers. The company's focus is on fostering long-term collaborative relationships with clients, ensuring that their needs are met effectively.

BrainWaveBank

Seed Round in 2020
BrainWaveBank Limited is a brain health research company focused on developing innovative solutions to track and improve cognitive health, particularly in the context of dementia. Founded in 2015 and based in Belfast, United Kingdom, the company has created a unique wearable electroencephalography (EEG) device that allows users to non-invasively measure their brain activity. This device works in conjunction with mobile games designed to challenge cognitive skills, enabling individuals to monitor their cognitive health daily from the comfort of their homes. By securely collecting and analyzing data from a large user base, BrainWaveBank aims to build comprehensive neurocognitive profiles that can advance the understanding of brain health and inform the development of future treatments for neurological disorders. The company's approach emphasizes scalability and accessibility, making it a valuable tool for both consumers and clinical professionals.
Recruitment Smart is a B2B SAAS Deeptech HR platform. We automate the end-to-end talent supply chain process for organisations to effectively find, qualify and hire the best talent before their competitors. We also provide an AI solution that helps companies look for employees who can add value immediately

Manus Neurodynamica

Venture Round in 2020
Manus Neurodynamica Ltd manufactures medical diagnostic technologies for neuromotor impairments, including the non-invasive diagnosis and monitoring of Parkinson’s disease. Its technologies are used in academic research, pharmaceutical research, and non-medical applications. The company was founded in 2008 and is based in North Shields, United Kingdom.

BIG Atom

Convertible Note in 2020
Big Atom is a recycling company, with an in-house engineering capability developing technology to create circular economy for rubber and plastics. The company operates their facilities, initially focusing on treating end-of-life tyres (ELTs) in the UK. Big Atom's vision is to end polymer waste.

Beryl

Convertible Note in 2020
Beryl sell their micromobilty operating system to leading transport operators (Eg. London’s Santander Cycles) and operate their own bike, e-bike and e-scooter systems. Currently in 6 UK cities, with an exclusive contract for New York, they typically operate under exclusive, funded and long-term contracts. Beryl designed and built their micromobility system in-house (on-bike IoT, proprietary backend operating technology stack, on-street operations etc) which allows them to tailor their offering to a city's needs and become their fully-integrated, long-term, micromobility partner, as well as partnering with other technology operators to sell their technology and platform in markets they are not yet in. Beryl was founded in 2012 by Emily Brooke, with the purpose of building a better world by getting more people in cities on bikes. They have a range of consumer cycling products and were first known for their Laserlight safety innovation; a front bike light with a green laser projecting the symbol of a cyclist ahead of the bike. This was later adopted by all of the 12,000 Santander Cycles in London, after which Beryl went on to provide the London Bike Share Scheme with all on-bike technology and supporting asset tracking software. Beryl are the only micromobility company that is a certified BCorp.

Skylark Lasers

Venture Round in 2020
UniKLasers is dedicated to producing Unique Lasers, namely those with the purest emitted light with true single frequency operation, all based on novel proprietary patented BRaMMS technology.The company is dedicated to innovation in the field of single frequency DPSS lasers. UniKLasers Ltd was founded by Professor Fedor Karpushko in 2013. Since then UniKLasers has achieved substantial growth, received private and venture capital investments, received support from Scottish Enterprise and won several Innovate UK awards. main office, R&D and manufacturing facilities are located in Edinburgh, Scotland, UK.

Quantum Motion

Series A in 2020
Quantum Motion Technologies Limited is focused on developing a technology platform that utilizes an array of qubits to create innovative quantum computing architectures. Established in 2017 and based in Leeds, United Kingdom, the company aims to build a universal quantum computer using silicon and CMOS-compatible processes. Its quantum computing technology is designed to address complex challenges across various fields, including chemistry, medicine, and artificial intelligence.

EC-OG

Venture Round in 2020
EC-OG is a developer of subsea power hub technology designed to generate, store, and supply remote electrical power. Its technology utilizes remote power generation to convert the energy within ocean currents and tides to electrical energy, store this energy and deliver electrical power to subsea assets, enabling clients to use clean and renewable energy sources without polluting the environment around them. The company was founded in 2013 and is headquartered in Bridge of Don, Aberdeen.

Assetz Capital

Venture Round in 2020
Assetz Capital is a direct lending platform that connects investors with business borrowers, primarily focusing on small and medium enterprises (SMEs), bridging finance, and property development. Founded in 2012 and headquartered in Manchester, United Kingdom, the company operates as a peer-to-peer lender, utilizing a network of over 90,000 high-net-worth individual investors. Unlike many peer-to-peer lending platforms, Assetz Capital assesses each loan individually and requires tangible security, which enhances the security of investments. The platform offers various financial products, including business funding solutions, quick access accounts, property-secured accounts, and manual lending accounts, catering to the diverse needs of businesses seeking finance.

PCF Bank

Post in 2019
PCF Group plc provides hire purchase and finance lease services in the United Kingdom. It operates through two divisions, Consumer Finance and Business Finance.

Opteran

Pre Seed Round in 2019
Opteran Technologies Limited designs and develops Opteran, an AI system modeled on honeybee brains. Its platform enables computer vision, sensing, object detection and avoidance, SLAM navigation, and machine decision making. The company was incorporated in 2020 and is based in Sheffield, United Kingdom.

Secure Trust Bank

Venture Round in 2018
Secure Trust Bank PLC is a commercial bank based in Solihull, United Kingdom, and has been in operation since 1952. The bank offers a range of banking and financial products, focusing on three primary sectors: business finance, consumer finance, and mortgages. Its business finance segment includes asset finance, commercial finance, and real estate finance, providing loans for commercial assets, invoice financing, and funding for various real estate projects. The consumer finance division encompasses motor finance and retail finance, offering hire purchase agreements for vehicles and point-of-sale financing for retailers across multiple industries. Additionally, Secure Trust Bank provides residential mortgages through intermediaries, as well as a variety of deposit accounts. The bank emphasizes simplicity and transparency in its services and aims to build a strong presence in the UK banking sector.

Liberis

Debt Financing in 2018
Liberis Limited is a financial services provider based in London, United Kingdom, specializing in cash advances and loans for small and medium enterprises. Founded in 2007, the company aims to enhance access to finance for small businesses by offering tailored financial solutions. Through its embedded finance platform, Liberis provides alternative financing options that support business growth and foster valuable relationships between partners and small business customers. Since its inception, Liberis has assisted over 10,000 small businesses globally, facilitating more than £300 million in funding and contributing to the support of approximately 82,000 jobs.

Simply Asset Finance

Debt Financing in 2018
Simply Asset Finance Operations Ltd specializes in providing asset finance to small and medium-sized enterprises (SMEs) in the UK, primarily targeting the construction, recycling, manufacturing, and transport sectors. The company offers tailored financial solutions, including hire purchase and finance leasing agreements, to facilitate the acquisition of equipment and other "hard" assets with established market valuations. Founded in 2017 and based in London, Simply Asset Finance aims to support SMEs in accessing the resources needed to grow and succeed in their respective industries.

Atom Bank

Debt Financing in 2017
Atom Bank plc provides banking services through smartphones, tablets, phablets, phones, and Internet in the United Kingdom. It also offers fixed deposits, accounts, mortgages, business loans, and secured loans. The company was formerly known as Crossco (1337) plc and changed its name to Atom Bank plc in August 2015. Atom Bank plc was incorporated in 2013 and is based in Durham, United Kingdom with an additional office in London, United Kingdom..

Funding Circle

Debt Financing in 2017
Funding Circle is a London-based online lending platform established in 2010 that connects investors with small and medium-sized businesses seeking capital. Operating in the United Kingdom, the United States, Germany, the Netherlands, and Spain, Funding Circle facilitates direct lending through its marketplace, allowing a variety of investors—including individuals, banks, local councils, and institutional investors—to fund business loans. The platform offers both secured and unsecured loans to help businesses with various financial needs, such as working capital, asset purchases, and property development. Additionally, Funding Circle collaborates with institutional investors on securitization programs and issues loan payment dependent debt securities. By bridging the gap between businesses in need of funding and investors seeking attractive returns, Funding Circle aims to create a mutually beneficial relationship that supports economic growth and job creation.

Kingsway Asset Finance

Debt Financing in 2016
Kingsway Asset Finance is an independent company that specializes in asset finance and equipment leasing, primarily serving the small and medium-sized enterprise (SME) market in the UK. The firm provides a range of financial products, including commercial loans, professional loans, hire purchases, leases, and recovery loan schemes, designed to meet the diverse needs of its clients. By focusing on the SME sector, Kingsway Asset Finance aims to deliver tailored financial solutions that support business growth and sustainability.

Shire Leasing

Debt Financing in 2014
Shire Leasing is a privately owned funding firm based in Tamworth, United Kingdom, specializing in equipment finance and leasing services tailored for small and medium-sized enterprises (SMEs). Established in 1990, the company provides a variety of financial solutions, including leasing, hire purchase, and sale and leaseback arrangements, primarily across sectors such as IT, telecom, security, hospitality, and wellness. Shire Leasing collaborates with a network of approved vendors and handles a significant volume of proposals and deals each month, catering to over 60,000 SMEs. The firm also offers tailored funding solutions to customers and brokers for the acquisition of equipment, software, and vehicles. Additionally, its online application platform facilitates secure leasing proposals, enhancing the efficiency of its services. Shire Leasing partners with various companies, demonstrating its commitment to supporting the growth and development of UK businesses through innovative financial products.

Upper Street

Funding Round in 2014
Upper Street Limited is a London-based company that specializes in the design and manufacture of customized, made-to-order shoes for women. Established in 2008, the company offers a unique online shopping experience, enabling customers to create their own individual hand-made shoes. With a wide selection of styles, materials, colors, and embellishments, Upper Street caters to diverse preferences, providing options for sizes 33 to 44. This focus on personalization allows women to find shoes that reflect their unique tastes and passions.