Flagship British Business Bank fund-of-funds programme est. 2006 to address equity gap in UK SME venture finance. £2bn+ total capital (govt + matched private) since inception. 30+ fund partners incl. Ada Ventures, Notion Capital, Dawn Capital, Episode 1, Epidarex Capital. Supported 28 fund managers raising 36 funds; 665+ portfolio companies via 701 equity deals. Supports emerging fund managers with diverse entrepreneurial, operational, financial experience.
Investment Focus
Investment Thesis
Est. 2006. Fund of funds: invests cornerstone capital (up to 2/3 fund size) into emerging VC managers targeting early-stage SMEs affected by 'equity gap' (£500k-£5m deal sizes). Average fund size grown from £20m to ~£60m. Sector agnostic; top 5: SaaS, AI, industrials, e-commerce, healthcare. £1 ECF commitment crowds in £2.80 from other investors. Avoids mature markets, sector overlaps with existing VC supply.
Interested in connecting?
Visit their website or reach out directly.