United Kingdom · Investor

Business Growth Fund

Last cheque observed Sep 2026; 259 cheques on record.

Deploying nowPrivate equity

SeedSeries ASeries BDeep TechLife Sciences

Deploying now
39%of best year15cheques in 12 months, 259 on record
Since the last cheque47days00hrs00min00sec
Median round$9.8MRounds led3 of 259Sole investor156 roundsMostly inUnited Kingdom, 85%
Pitch Business Growth Fund

Business Growth Fund highlights

  1. 01

    15 cheques in the last 12 months

  2. 02

    Mostly Venture and Growth: 75% of its rounds

  3. 03

    Sole investor in 156 rounds, median $7.6M

What they do

BGF is the most active equity investor in the UK and Ireland, providing long-term, minority investment to growing companies.From their own website
Type
Private equity (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
Deep TechLife Sciences
Based in
Birmingham, United Kingdom
Cold pitches
Accepted

The record

Every round we can evidence, newest first259 appearances

  1. 2026

    12 rounds

  2. Sept
    Open CosmosGrowth · GB · ETF Partners$346MWith 11 others
  3. Sept
    Reactive TechnologiesDebt · GB$22MWith 2 others
  4. Jul
    Luffy AISeries A · GB$11MWith 2 others
  5. Jul
    MoA TechnologySeries C · GB · Agri Investment Fund$30MWith 10 others
  6. Jul
    Mach42Seed · GB$9.4MWith 3 others
  7. Jul
    TidalSenseVenture · GB$19MWith 1 other
  8. Jun
    TRIMTECH TherapeuticsSeed · US$14MWith 1 other
  9. Jun
    CroíValveSeries B · IE$20MWith 4 others
  10. Apr
    SunswapGrant · GB$806KWith 4 others
  11. Apr
    FluoRokGrant · GB$806KWith 2 others
  12. Feb
    DescycleGrant · GB$2.6MWith 4 others
  13. Feb
    TechspertVenture · GBUndisclosedWith 3 others
  14. 2025

    17 rounds

  15. Nov
    T-TherapeuticsSeries A · GB · Silicon Canals$32MWith 4 others
  16. Nov
    Granite DigitalVenture · IE$10MSole investor
  17. Nov
    TMT IDVenture · GB$40MSole investor
  18. Sept
    Enhanc3D GenomicsSeries A · GB$5.4MWith 1 other
  19. Sept
    XamplaSeries A · GB · Firms' own news pages$14MLed
  20. Aug
    FluoRokGrant · GB$2.0MWith 2 others
  21. Jul
    PaddleDebt · GB$25MWith 4 others
  22. Jul
    Opus SafetyVenture · GBUndisclosedSole investor
  23. Jul
    Minus Waste SolutionsVenture · CAUndisclosedSole investor
  24. Jun
    Ceryx MedicalVenture · GB$6.8MWith 3 others
  25. May
    CronofyVenture · GB$20MWith 1 other
  26. May
    TaperedPlusGrant · GB$362KWith 1 other
  27. Apr
    FundThroughSeries B · CA$25MWith 2 others
  28. Apr
    NuadaGrant · GB$2.8MWith 2 others
  29. Mar
    Maxion TherapeuticsSeries A · GB$75MWith 3 others
  30. Mar
    Phlux TechnologySeries A · GB$12MWith 4 others
  31. Feb
    OrganOxVenture · GB$160MWith 1 other
  32. 2024

    38 rounds

  33. Dec
    AbselionSeries A · GB$8.4MWith 1 other
  34. Nov
    pixlbioVenture · GB$136KWith 2 others
  35. Nov
    Recite MeVenture · GB$5.8MWith 1 other
  36. Nov
    SulmaraVenture · GB$19MSole investor
  37. Nov
    Miracle Design & PlayVenture · GB$7.6MSole investor
  38. Nov
    Operam Education GroupVenture · GBUndisclosedWith 1 other
  39. Nov
    Echion TechnologiesVenture · GB$13MWith 1 other
  40. Nov
    Forefront RFSeries A · GB$21MWith 2 others
  41. Nov
    Invest in Women TaskforceVenture · GB$314MWith 3 others
  42. Oct
    Unyte HealthGrant · CA$3.8MSole investor
  43. Oct
    Shift BioscienceSeed · GB$16MWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 88 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the UK company register, which it must file accurately by law

Companies House
07514847, since 2011

What they claim to have backed

From their own portfolio page (on their website)

0 of 3 we have independently watched raise

B-CorpPrinciples for ResponsibleThe Diversity VC Standard

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Business Growth Fund. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Business Growth Fund put money into.

Quick answers about Business Growth Fund

What does Business Growth Fund invest in?

Business Growth Fund invests most often at Venture and Growth (75% of the rounds on record), in sectors such as Deep Tech and Life Sciences.

How active is Business Growth Fund?

259 investments on record, 15 of them in the last 12 months, and it led 3. The most recent was in Sept 2026.

What has Business Growth Fund invested in recently?

Its most recent investments on record: Open Cosmos (Growth, Sept 2026), Reactive Technologies (Debt, Sept 2026) and Luffy AI (Series A, Jul 2026).

How big are Business Growth Fund's cheques?

The median round it joins is $9.8M.

Does Business Growth Fund lead rounds?

Sometimes: it led 3 of its 259 investments on record (1%).

Where does Business Growth Fund invest?

Most of the companies it backs are in the United Kingdom (85%), Canada (8%) and Ireland (5%).

Is Business Growth Fund investing now?

Yes: it is actively investing, with 15 investments in the last 12 months.

Who does Business Growth Fund invest alongside?

Most often Parkwalk (18 rounds together), Innovate UK (12 rounds together) and Octopus Ventures (8 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it