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BGF Ventures investors are tapping into a £2.5 billion fund created by Britain’s 5 biggest banks

Tech investors tap into £2.5 billion fund created by Britain's biggest banks 

 #fintech #VC

  • British Growth Fund (BGF) – a £2.5 billion investment company that backs businesses across the UK – decided to allocate £200 million to an early stage venture capital (VC) fund almost exactly a year ago to the day.
  • Tech investors are tapping into a £2.5 billion fund created by Britain’s 5 biggest banks
  • “I think we’re the second most active venture investor in the UK this year,” said BGF Ventures partner Harry Briggs at British Growth Fund’s new London office.
  • The dedicated BGF Ventures fund is purely for early stage tech companies that generally have smaller revenues than the average BGF-backed company. “
  • The trio admitted that only 25% of its investments (roughly two companies) are based outside London but they expect this figure to change over the next year to reflect increasing number of investments outside London.

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@SpirosMargaris: “Tech investors tap into £2.5 billion fund created by Britain’s biggest banks

#fintech #VC”


Three venture capitalists have been given £200 million to invest in early stage technology companies.


BGF Ventures investors are tapping into a £2.5 billion fund created by Britain’s 5 biggest banks