Filed under: british business bank
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Molten raises £175m growth fund, £75m of it from the state
The British Business Bank has cornerstoned Molten Ventures' new scale-up fund with £75m. Molten wants to double the fund to £350m.
British Business Bank puts £46m into Zinc's £70m science fund
The state-backed lender is committing up to £46m through its Enterprise Capital Funds programme to a pre-seed fund that intends to help start 80 deeptech companies. What it will not yet say is how founders get in.
Start Up Loans hits £100m to London's female founders
The British Business Bank has confirmed 10,853 loans to female-founded businesses in the capital — and quietly reopened the scheme to firms that have been trading for up to five years.
Treasury puts £100m into regional and first-time VC funds
The second tranche of the £400m Investor Pathways Capital Initiative goes to early-stage funds outside London. Who gets the cheques has not been named.