# Business Growth Fund Portfolio Map 2026: 88 Startups by Sector > Business Growth Fund's portfolio mapped: 88 startups it has backed, in 12 sectors from Biotech, IT Services and Energy on. Source: https://millionrounds.com/portfolio-maps/bgf-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## Biotech 12 - [T-Therapeutics](https://millionrounds.com/company/t-therapeutics) - [Elvie](https://millionrounds.com/company/elvie) - [Fluid Analytics](https://millionrounds.com/company/fluid-analytics) - [NanoSyrinx](https://millionrounds.com/company/nanosyrinx) - [Xampla](https://millionrounds.com/company/xampla) - [Kids Planet](https://millionrounds.com/company/kids-planet) - [*MH* Merigold Health](https://millionrounds.com/company/merigold-health) - [Medicina](https://millionrounds.com/company/medicina) - [Abselion](https://millionrounds.com/company/abselion) - [Arcinova](https://millionrounds.com/company/arcinova) - [Enhanc3D Genomics](https://millionrounds.com/company/enhanc3d-genomics) - [pixlbio](https://millionrounds.com/company/pixlbio) ## IT Services 11 - [Maxion Therapeutics](https://millionrounds.com/company/maxion-therapeutics) - [SkyDox](https://millionrounds.com/company/skydox) - [Inoapps](https://millionrounds.com/company/inoapps) - [Roc Technologies](https://millionrounds.com/company/roc-technologies) - [Desana](https://millionrounds.com/company/desana) - [Odro](https://millionrounds.com/company/odro) - [Stellar Omada](https://millionrounds.com/company/stellar-omada) - [Celaton](https://millionrounds.com/company/celaton) - [BoxPhish](https://millionrounds.com/company/boxphish) - [Aiber](https://millionrounds.com/company/aiber) - [LifeRaft](https://millionrounds.com/company/liferaft) ## Energy 11 - [3Sun](https://millionrounds.com/company/3sun) - [Sunswap](https://millionrounds.com/company/sunswap) - [Echion Technologies](https://millionrounds.com/company/echion-technologies) - [Gaussion](https://millionrounds.com/company/gaussion) - [Cold Bore Technology](https://millionrounds.com/company/cold-bore-technology) - [Revive Active](https://millionrounds.com/company/revive-active) - [STATS Group](https://millionrounds.com/company/stats-group) - [ACELERON](https://millionrounds.com/company/aceleron) - [M-Flow Technologies](https://millionrounds.com/company/m-flow-technologies) - [Spex Group](https://millionrounds.com/company/spex-group) - [Cheesecake Energy](https://millionrounds.com/company/cheesecake-energy) ## Healthtech 10 - [OrganOx](https://millionrounds.com/company/organox) - [CroíValve](https://millionrounds.com/company/croivalve) - [Lantum](https://millionrounds.com/company/lantum) - [*E* Entia](https://millionrounds.com/company/entia) - [Closed Loop Medicine](https://millionrounds.com/company/closed-loop-medicine) - [Care Sourcer](https://millionrounds.com/company/care-sourcer) - [Archus](https://millionrounds.com/company/archus) - [Primary Care Physio](https://millionrounds.com/company/primary-care-physio) - [BN Care](https://millionrounds.com/company/bn-care) - [Unyte Health](https://millionrounds.com/company/unyte-health) ## Cleantech 8 - [RSK Group](https://millionrounds.com/company/rsk-group) - [Nuada](https://millionrounds.com/company/nuada) - [Extentia Group](https://millionrounds.com/company/extentia-group) - [Total Recycling Services](https://millionrounds.com/company/total-recycling-services) - [Springfield Healthcare](https://millionrounds.com/company/springfield-healthcare) - [Ambisense](https://millionrounds.com/company/ambisense) - [Flowline](https://millionrounds.com/company/flowline) - [Descycle](https://millionrounds.com/company/descycle) ## Foodtech 7 - [MuscleFood](https://millionrounds.com/company/muscle-food) - [THIS](https://millionrounds.com/company/this) - [Plant-Ex Ingredients](https://millionrounds.com/company/plant-ex-ingredients) - [Barburrito](https://millionrounds.com/company/barburrito) - [*PB* Purity Brewing](https://millionrounds.com/company/purity-brewing) - [Giggling Squid](https://millionrounds.com/company/giggling-squid) - [*RS* Renegade Spirits Ireland](https://millionrounds.com/company/renegade-spirits-ireland) ## Cybersecurity 6 - [*G* Garrison](https://millionrounds.com/company/garrison) - [*GT* Garrison Technology](https://millionrounds.com/company/garrison-technology) - [Crypto Quantique](https://millionrounds.com/company/crypto-quantique) - [KYND](https://millionrounds.com/company/kynd) - [Edgescan](https://millionrounds.com/company/edgescan) - [Hicomply](https://millionrounds.com/company/hicomply) ## Professional Services 6 - [Bloom Procurement Services](https://millionrounds.com/company/bloom-procurement-services) - [Sulmara](https://millionrounds.com/company/sulmara) - [*A* Appnovation](https://millionrounds.com/company/appnovation) - [The Insights Family](https://millionrounds.com/company/the-insights-family) - [PureCyber](https://millionrounds.com/company/purecyber) - [DevOpsGroup](https://millionrounds.com/company/devopsgroup) ## AI 5 - [Gousto](https://millionrounds.com/company/gousto) - [TidalSense](https://millionrounds.com/company/tidalsense) - [Luffy AI](https://millionrounds.com/company/luffy-ai) - [Mach42](https://millionrounds.com/company/mach42) - [Wiserfunding](https://millionrounds.com/company/wiserfunding) ## Construction 4 - [Newett Homes](https://millionrounds.com/company/newett-homes) - [Woodall Homes](https://millionrounds.com/company/woodall-homes) - [Victorian Sliders](https://millionrounds.com/company/victorian-sliders) - [*BI* Brownhills Investments](https://millionrounds.com/company/brownhills-investments) ## Travel & Hospitality 4 - [Tevalis](https://millionrounds.com/company/tevalis) - [Magma Global](https://millionrounds.com/company/magma-global) - [*MM* Mission Mars](https://millionrounds.com/company/mission-mars) - [Plum Guide](https://millionrounds.com/company/plum-guide) ## Internet 4 - [*MG* Miss Group](https://millionrounds.com/company/miss-group) - [Jola](https://millionrounds.com/company/jola) - [Recite Me](https://millionrounds.com/company/recite-me) - [Proposify](https://millionrounds.com/company/proposify) ## Segment by segment ### Biotech 12 startups · $478M raised - [**T-Therapeutics**](https://millionrounds.com/company/t-therapeutics) T-Therapeutics is a next-generation T cell receptor (TCR) company spun off from the University of Cambridge. United Kingdom $279M - [**Elvie**](https://millionrounds.com/company/elvie) Elvie is a femtech company that specializes in developing innovative technology to support women's health and wellness. United Kingdom $54M - [**Fluid Analytics**](https://millionrounds.com/company/fluid-analytics) Fluid Analytics is building a smart wastewater surveillance ecosystem to help cities across the world reduce urban water pollution. United Kingdom $31M - [**NanoSyrinx**](https://millionrounds.com/company/nanosyrinx) NanoSyrinx is a UK-based synthetic biology company focused on developing a novel drug delivery platform called Nanosyringes. United Kingdom $26M - [**Xampla**](https://millionrounds.com/company/xampla) Xampla is a materials innovation company based in Cambridge, UK, founded in 2018 as a spin-out from the University of Cambridge. United Kingdom $23M - [**Kids Planet**](https://millionrounds.com/company/kids-planet) Kids Planet is a children’s nurseries group United Kingdom $22M - [*MH* **Merigold Health**](https://millionrounds.com/company/merigold-health) United Kingdom $13M - [**Medicina**](https://millionrounds.com/company/medicina) Medicina develops products needed for enternal feeding and stoma care. United Kingdom $9.1M ### IT Services 11 startups · $185M raised - [**Maxion Therapeutics**](https://millionrounds.com/company/maxion-therapeutics) Maxion Therapeutics is a private biotechnology company based in Cambridge, United Kingdom, founded in 2020. United Kingdom $91M - [**SkyDox**](https://millionrounds.com/company/skydox) PLEASE NOTE: In September 2012 SkyDox joined forces with Workshare. United States $32M - [**Inoapps**](https://millionrounds.com/company/inoapps) Inoapps is an Oracle reseller and Platinum partner in Europe, Middle East, and Africa specializing in Oracle applications. United Kingdom $15M - [**Roc Technologies**](https://millionrounds.com/company/roc-technologies) Roc Technologies is a multi-award winning business and technology services provider. United Kingdom $13M - [**Desana**](https://millionrounds.com/company/desana) Desana Network Limited, based in Edinburgh, Scotland, is a prominent player in the Property Technology (PropTech) and Business/Pro United Kingdom $7.4M - [**Odro**](https://millionrounds.com/company/odro) Odro is a technology company based in Glasgow, Scotland, specializing in video interviewing and engagement software for the recrui United Kingdom $7.3M - [**Stellar Omada**](https://millionrounds.com/company/stellar-omada) Stellar Omada is a UK-based IT services and consulting firm founded in 2018 and headquartered in Edinburgh, Scotland. United Kingdom $5.5M - [**Celaton**](https://millionrounds.com/company/celaton) Celaton provides inSTREAMTM, a hosted service built on artificial intelligence to automate and streamline inbound information streams. United Kingdom $5.1M ### Energy 11 startups · $912M raised - [**3Sun**](https://millionrounds.com/company/3sun) 3Sun is an energy management company that specializes in designing photovoltaic solutions for large-scale industries and roof application. Italy $608M - [**Sunswap**](https://millionrounds.com/company/sunswap) Sunswap is a British manufacturer specializing in fully electric, battery and solar-powered transport refrigeration units. United Kingdom $106M - [**Echion Technologies**](https://millionrounds.com/company/echion-technologies) Echion Technologies is a leading battery technology company based in Cambridge, UK. United Kingdom $84M - [**Gaussion**](https://millionrounds.com/company/gaussion) Gaussion is a London-based technology company that specializes in MagLiBTM, an innovative magnetic lithium-ion battery charging technology. United Kingdom $43M - [**Cold Bore Technology**](https://millionrounds.com/company/cold-bore-technology) Cold Bore Technology is a privately held company based in Calgary, Alberta, specializing in well completions automation, data mana Canada $14M - [**Revive Active**](https://millionrounds.com/company/revive-active) Revive Active is Ireland's leading health food supplement brand, established in 2011 and headquartered in Galway. Ireland $13M - [**STATS Group**](https://millionrounds.com/company/stats-group) STATS Group is an engineering company and service provider operating in the arena of piping and pipeline integrity and maintenance. United Kingdom $12M - [**ACELERON**](https://millionrounds.com/company/aceleron) ACELERON is a UK-based clean technology company founded in 2016, focused on designing and manufacturing advanced lithium-ion batte United Kingdom $11M ### Healthtech 10 startups · $376M raised - [**OrganOx**](https://millionrounds.com/company/organox) OrganOx Limited is a medical technology company based in Oxford, UK, specializing in advanced organ preservation devices for Normo United Kingdom $222M - [**CroíValve**](https://millionrounds.com/company/croivalve) CroíValve is a developed safe, effective, easy to use, percutaneous solution company. Ireland $41M - [**Lantum**](https://millionrounds.com/company/lantum) Lantum is a London-based healthcare technology company that offers a workforce management platform aimed at improving staffing eff United Kingdom $29M - [*E* **Entia**](https://millionrounds.com/company/entia) Entia specializes in extending its services within defense and security, energy, medical devices, telecommunications and industrial sectors. United Kingdom $23M - [**Closed Loop Medicine**](https://millionrounds.com/company/closed-loop-medicine) Developing personalised digital healthcare solutions to improve outcomes for patients and clinicians United Kingdom $18M - [**Care Sourcer**](https://millionrounds.com/company/care-sourcer) Care Sourcer, a platform that connects those seeking care with those providing it United Kingdom $13M - [**Archus**](https://millionrounds.com/company/archus) Archus is a business consulting company that specializes in healthcare infrastructure. United Kingdom $12M - [**Primary Care Physio**](https://millionrounds.com/company/primary-care-physio) Primary Care Physio delivers a technology enabled first contact physiotherapy & podiatry service. United Kingdom $10M ### Cleantech 8 startups · $767M raised - [**RSK Group**](https://millionrounds.com/company/rsk-group) RSK Group is a privately-owned multi-disciplinary environmental consultancy and one of the fastest growing companies. United Kingdom $705M - [**Nuada**](https://millionrounds.com/company/nuada) We help hard-to-abate industries to decarbonise by vacuuming CO2 out of flue gas United Kingdom $19M - [**Extentia Group**](https://millionrounds.com/company/extentia-group) Extentia Group was a built environment specialist group that operated in the UK and Ireland. United Kingdom $13M - [**Total Recycling Services**](https://millionrounds.com/company/total-recycling-services) Total Recycling Services is a waste management and recycling company located in Darlington, England. United Kingdom $9.7M - [**Springfield Healthcare**](https://millionrounds.com/company/springfield-healthcare) Springfield Healthcare delivers personal and domestic care for people who need it in their own homes. United Kingdom $6.9M - [**Ambisense**](https://millionrounds.com/company/ambisense) Ambisense is an Irish environmental analytics and monitoring company founded in 2014 and based in Dublin, Ireland. Ireland $5.8M - [**Flowline**](https://millionrounds.com/company/flowline) Flowline provides drainage cleaning services in the United Kingdom. United Kingdom $5.1M - [**Descycle**](https://millionrounds.com/company/descycle) British e-waste recycling & metal recovery startup United Kingdom $2.6M ### Foodtech 7 startups · $102M raised - [**MuscleFood**](https://millionrounds.com/company/muscle-food) MuscleFood offers online food delivery services. United Kingdom $27M - [**THIS**](https://millionrounds.com/company/this) This is a place to find and share the web's best entertainment, art, and journalism. United Kingdom $26M - [**Plant-Ex Ingredients**](https://millionrounds.com/company/plant-ex-ingredients) Plant-Ex Ingredients is a food and beverage company that manufactures flavors, colors, plant extracts, essential oils, and oleoresins. United Kingdom $12M - [**Barburrito**](https://millionrounds.com/company/barburrito) Barburrito is a fast-casual restaurant chain that specializes in Mexican cuisine, particularly burritos, burrito bowls, tacos, and nachos. United Kingdom $11M - [*PB* **Purity Brewing**](https://millionrounds.com/company/purity-brewing) United Kingdom $9.8M - [**Giggling Squid**](https://millionrounds.com/company/giggling-squid) Giggling Squid is a Thai food sensation United Kingdom $9.7M - [*RS* **Renegade Spirits Ireland**](https://millionrounds.com/company/renegade-spirits-ireland) Renegade Spirits Ireland is developing a major whiskey project on Ireland’s south-eastern coast. - $6.4M ### Cybersecurity 6 startups · $90M raised - [*G* **Garrison**](https://millionrounds.com/company/garrison) United Kingdom $30M - [*GT* **Garrison Technology**](https://millionrounds.com/company/garrison-technology) Garrison designs and develops cyber-security based technology for enterprises. United Kingdom $15M - [**Crypto Quantique**](https://millionrounds.com/company/crypto-quantique) Crypto Quantique offers hardware based cyber-security solution for authentication and encryption in a wired local network. United Kingdom $15M - [**KYND**](https://millionrounds.com/company/kynd) Kynd is an NDIS platform that helps people connect with support workers and offers social assistance, meal preparation, and other services. United Kingdom $15M - [**Edgescan**](https://millionrounds.com/company/edgescan) Edgescan is a Dublin-based cybersecurity company that provides a unified SaaS platform for continuous security testing, exposure m Ireland $12M - [**Hicomply**](https://millionrounds.com/company/hicomply) Hicomply is a B2B SaaS platform established in 2019 that automates information security compliance. United Kingdom $4.1M ### Professional Services 6 startups · $67M raised - [**Bloom Procurement Services**](https://millionrounds.com/company/bloom-procurement-services) Bloom Procurement Services is a UK-based management consulting firm that serves as the exclusive delivery partner for the North Ea United Kingdom $19M - [**Sulmara**](https://millionrounds.com/company/sulmara) Sulmara is an international offshore survey services contractor based in Glasgow, Scotland, established in 2019. United Kingdom $19M - [*A* **Appnovation**](https://millionrounds.com/company/appnovation) United Kingdom $11M - [**The Insights Family**](https://millionrounds.com/company/the-insights-family) The Insights Family is a global leader in market intelligence focused on kids, teens, parents, and families. United Kingdom $7.1M - [**PureCyber**](https://millionrounds.com/company/purecyber) PureCyber provides cyber essentials and audits, penetrating testing, dark web scanning and active threat detection services. United Kingdom $6.4M - [**DevOpsGroup**](https://millionrounds.com/company/devopsgroup) We make Cloud & DevOps fast, secure and simple, empowering organisations to thrive in the Digital Economy. - $4.0M ### AI 5 startups · $187M raised - [**Gousto**](https://millionrounds.com/company/gousto) Gousto is a British meal kit retailer and subscription service based in Shepherd's Bush, London. United Kingdom $111M - [**TidalSense**](https://millionrounds.com/company/tidalsense) TidalSense, based in Cambridge, United Kingdom, is a healthcare technology company founded in April 2013. United Kingdom $38M - [**Luffy AI**](https://millionrounds.com/company/luffy-ai) Luffy AI is a UK-based company specializing in adaptive AI for industrial control and optimization systems. United Kingdom $18M - [**Mach42**](https://millionrounds.com/company/mach42) Mach42 is a UK-based software company and an Oxford University spinout, specializing in verification acceleration for the semicond United Kingdom $15M - [**Wiserfunding**](https://millionrounds.com/company/wiserfunding) Wiserfunding is a London-based fintech and financial software company that specializes in AI-driven credit risk assessment tools f United Kingdom $6.0M ### Construction 4 startups · $27M raised - [**Newett Homes**](https://millionrounds.com/company/newett-homes) Newett Homes offers real estate and construction service. United Kingdom $12M - [**Woodall Homes**](https://millionrounds.com/company/woodall-homes) Woodall Homes is a well-established, privately-owned house builder. United Kingdom $5.8M - [**Victorian Sliders**](https://millionrounds.com/company/victorian-sliders) Victorian Sliders specialist manufacturer of PVC-U vertical sliding sash windows, supplying professional trade installers across the UK. United Kingdom $4.9M - [*BI* **Brownhills Investments**](https://millionrounds.com/company/brownhills-investments) Brownhills Investments is a processes bespoke glass for architects, builders, interior designers and private home owners. - $4.3M ### Travel & Hospitality 4 startups · $42M raised - [**Tevalis**](https://millionrounds.com/company/tevalis) Tevalis Limited is a technology solutions provider specializing in Electronic Point of Sale (EPOS) systems and enterprise manageme United Kingdom $15M - [**Magma Global**](https://millionrounds.com/company/magma-global) Magma Global designs and manufactures m-pipe, a high performance solution for risers and jumpers in subsea oil and gas transfers. United Kingdom $14M - [*MM* **Mission Mars**](https://millionrounds.com/company/mission-mars) United Kingdom $13M - [**Plum Guide**](https://millionrounds.com/company/plum-guide) Plum Guide is a luxury vacation rental platform based in London, UK, that connects travelers with the top 3% of rental homes worldwide. United Kingdom $193K ### Internet 4 startups · $52M raised - [*MG* **Miss Group**](https://millionrounds.com/company/miss-group) United Kingdom $25M - [**Jola**](https://millionrounds.com/company/jola) Jola provide exceptional business communication solutions to UK SMEs. United Kingdom $14M - [**Recite Me**](https://millionrounds.com/company/recite-me) Recite Me is a global leader in Enterprise SaaS accessibility solutions, founded in 2009 by Ross Linnett. United Kingdom $8.9M - [**Proposify**](https://millionrounds.com/company/proposify) Proposify Inc. Canada $4.6M **How this map is made.** Every startup here has raised money in a round we track that names Business Growth Fund as an investor, the first in 2012. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Private equity · United Kingdom **Janus Henderson Investors** 128 startups · 3 sectors · $28B](https://millionrounds.com/portfolio-maps/janus-henderson-investors-portfolio-map)[Private equity · United Kingdom **DST Global** 90 startups · 8 sectors · $279B](https://millionrounds.com/portfolio-maps/dst-global-portfolio-map)[Private equity · United Kingdom **Foresight Group** 61 startups · 12 sectors · $1.3B](https://millionrounds.com/portfolio-maps/foresight-group-portfolio-map)[Private equity · United Kingdom **Maven Capital Partners** 51 startups · 12 sectors · $752M](https://millionrounds.com/portfolio-maps/maven-capital-partners-portfolio-map)[Private equity · United Kingdom **3i Group** 46 startups · 8 sectors · $2.4B](https://millionrounds.com/portfolio-maps/3i-group-portfolio-map)[Private equity · United Kingdom **European Bank for Reconstruction and Development** 41 startups · 7 sectors · $5.6B](https://millionrounds.com/portfolio-maps/ebrd-portfolio-map) ## Raising from investors like Business Growth Fund? 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