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Business Growth Fund

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 430
Average round size
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The average size of a deal this fund participated in
$8M
Portfolio companies 361
Rounds per year 33.08
Lead investments 222
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.16
Exits 50
Key employees 9
Stages of investment
Early Stage Venture
Private Equity

Areas of investment

  • Information Technology
  • Software
  • Manufacturing
  • Health Care
  • E-Commerce
Summary

Business Growth Fund appeared to be the VC, which was created in 2011. The venture was found in Europe in United Kingdom. The main office of represented VC is situated in the London.

The high activity for fund was in 2016. Despite it in 2019 the fund had an activity. Opposing the other organizations, this Business Growth Fund works on 15 percentage points less the average amount of lead investments. Speaking about the real fund results, this VC is 61 percentage points more often commits exit comparing to other organizations. The higher amount of exits for fund were in 2018. The common things for fund are deals in the range of 5 - 10 millions dollars. The average startup value when the investment from Business Growth Fund is 10-50 millions dollars. The fund is generally included in 25-48 deals every year.

We also calculated 18 valuable employees in our database.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Business Growth Fund, startups are often financed by Index Ventures, Playfair Capital, Octopus Ventures. The meaningful sponsors for the fund in investment in the same round are Barclays PLC, LocalGlobe, Kindred Capital. In the next rounds fund is usually obtained by Upscale, Future Fifty, MMC Ventures.

The fund has exact preference in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the various public portfolio startups of the fund, we may underline Workshare, Gymbox, Pharmacy2U Besides, a startup needs to be aged 11-15 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United Kingdom. Among the most popular fund investment industries, there are Manufacturing, Information Technology.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Wobble Genomics

Biotechnology
$11M07 Mar 2024 City of Edinburgh, Scotland, United Kingdom

Machine Discovery

Artificial Intelligence
Machine Learning
Software
$6M26 Sep 2023 Oxford, England, United Kingdom

MOF Technologies

Chemical Engineering
Clean Energy
Nanotechnology
Natural Resources
Product Research
Small and Medium Businesses
$4M27 Jul 2023 Belfast, Northern Ireland, United Kingdom

CHAIN Biotechnology

Biotechnology
Health Care
Medical
$2M26 Jul 2023 United Kingdom, England, United Kingdom

CRiL

Biotechnology
Health Care
$3M16 May 2023 Cambridge, England, United Kingdom

It's Fresh!

Biotechnology
Food and Beverage
Fruit
Horticulture
$9M25 Apr 2023 Lichfield, England, United Kingdom

Maxion Therapeutics

Information Technology
Therapeutics
$17M15 Feb 2023 Cambridge, Cambridgeshire, United Kingdom

Enhanc3D Genomics

Biotechnology
$13M20 Oct 2022 Cambridge, Massachusetts, United States

Cheesecake Energy

Energy
Industrial Engineering
$4M02 Aug 2022 Nottingham, England, United Kingdom
News
Locate Bio Closes £10 Million Funding Round

– Locate Bio is pleased to announce that it has raised an oversubscribed £10 million of equity investment in a funding round co-led by existing shareholder Mercia Asset Management and new investor BGF.
– The funding will be used to further advance Locate Bio’s proprietary pipeline of regenerative orthobiologics products towards patients, with key clinical and regulatory milestones expected to catalyse growth over the next two years.
– The investment brings the total funds raised by Locate Bio to over £18 million. The company’s lead product in development is called LDGraft, and is a low dose, controlled release rhBMP-2 for the treatment of degenerative disc disease.

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Total investments 430
Average round size 8M
Rounds per year 33.08
Peak activity year 2018
Lead investments 222
Follow on index 0.16
Exits 50
Group Appearance index 0.26

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Wobble Genomics

Biotechnology
$11M07 Mar 2024 City of Edinburgh, Scotland, United Kingdom

Machine Discovery

Artificial Intelligence
Machine Learning
Software
$6M26 Sep 2023 Oxford, England, United Kingdom

MOF Technologies

Chemical Engineering
Clean Energy
Nanotechnology
Natural Resources
Product Research
Small and Medium Businesses
$4M27 Jul 2023 Belfast, Northern Ireland, United Kingdom

CHAIN Biotechnology

Biotechnology
Health Care
Medical
$2M26 Jul 2023 United Kingdom, England, United Kingdom

CRiL

Biotechnology
Health Care
$3M16 May 2023 Cambridge, England, United Kingdom

It's Fresh!

Biotechnology
Food and Beverage
Fruit
Horticulture
$9M25 Apr 2023 Lichfield, England, United Kingdom

Maxion Therapeutics

Information Technology
Therapeutics
$17M15 Feb 2023 Cambridge, Cambridgeshire, United Kingdom

Enhanc3D Genomics

Biotechnology
$13M20 Oct 2022 Cambridge, Massachusetts, United States

Cheesecake Energy

Energy
Industrial Engineering
$4M02 Aug 2022 Nottingham, England, United Kingdom
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