Tagged: ken cooper

British Business Bank Updates on Companies it Holds Shares from Future Fund Investments

The British Business Bank has published an updated list of firms in which it holds equity. According to the bank, there are 44 additional companies now on the list bringing the total to 696 individual firms – as of December 31, 2023. The shares were… Read More

Future Fund Update: British Business Bank Publishes Report on COVID Program Designed to Help Early Stage Firms

The Future Fund was one of several programs designed by the UK government to backstop firms during the COVID crisis. Managed by the British Business Bank, the Future Fund was created to help early-stage ventures which frequently need ongoing cash injections to get to profitability…. Read More

British Business Bank Releases List of 591 Firms in which Future Fund has Equity Interest

The British Business Bank has published a list of 67 additional companies in which the Future Fund holds an equity interest, “taking total equity holdings to 591 as at 30 June 2023.” The rate of conversions in Q1 2023/4 increased “compared to the previous quarter,… Read More

The UK Government Holds Equity Ownership in 515 Companies Backed by the Future Fund: British Business Bank

The UK government created the Future Fund to provide access to capital to early-stage firms which were most likely unable to access debt capital during the COVID-19 health crisis. The fear was that a generation of innovative young firms would disappear as markets contracted and… Read More

British Business Bank Posts Updated of Equity Stakes in Future Fund Backed Firms

The British Business Bank has posted an updated list that includes new companies backed by the Future Fund, one of several schemes enacted to provide assistance to firms harmed by the COVID-19 health crisis. Created in 2014, The British Business Bank is the UK government’s… Read More

Sure Valley Completes £85 Million Close of Software Tech Fund

Sure Valley Ventures, a venture capital firm that invests in high-growth software companies in sectors such as the Metaverse, artificial intelligence and cybersecurity, has completed an £85m first close of a £95m UK software technology fund. This includes a £50m investment from the British Business… Read More

UK’s SuperSeed, a VC Firm Investing in Future of Business Automation, Establishes £50M Fund

SuperSeed, a VC company investing in the future of business automation, announced that it has finalized the initial closing of its new fund at £31 million, aiming for a final close of £50 million. The fund will be investing anywhere between £500,000 and £1,500,000 into… Read More

The British Business Bank Commits £50 million to New Epidarex Capital III UK LP fund

The British Business Bank is committing £50 million through its Enterprise Capital Funds (ECF) program to a new fund: Epidarex Capital III UK LP. The fund, which totals £102 million, will invest in new life science companies from emerging research hubs across the UK. Epidarex… Read More

Send this to a friend