British Business Bank

Activity from announced rounds

Activity in this selectionOct 24, 2026 · Hardware · Jan 1, 2026

British Business Bank is the UK’s economic development bank, supporting business access to finance through investment programmes, funds and financing partners.

Its Future Fund: Breakthrough programme, delivered by British Patient Capital, co-invests with private investors in later-stage, R&D-intensive UK companies. It targets technologies such as quantum computing, cleantech and life sciences, where development requires substantial capital.

Applications to that programme come from a qualifying sponsor investor, rather than directly from the company. The published criteria require a round of at least £30 million, with the programme contributing no more than 30% on the sponsor investor’s terms.

Sources
Rounds participated in
4
Confirmed lead rounds
0
2 roles undisclosed
New companies
4
First participation on record · 0 follow-on
Funding in participating rounds
$638.1M
4 disclosed · full round size, not this investor’s share

By stage

Series C+2
Series B1
Undisclosed1

By primary sector

Hardware4

By country

United Kingdom4

Rounds

4 in this selection
Salience Labs

Salience Labs develops silicon photonic switches for datacenter operators connecting large AI computing clusters.

$125MSeries B
Participant
CSignum

CSignum makes wireless communications technology that lets IoT sensors transmit data from underwater and underground infrastructure without conventional cable runs.

£2.6MFollow-on funding
Participant
Oxford Quantum Circuits

Develops superconducting quantum computers delivered via cloud for financial services, defence, and research customers

£260MSeries C
Role not disclosed
Quantum Motion

Builds utility-scale quantum computers using industry-standard silicon transistors

$160MSeries C
Role not disclosed