British Business Bank

Activity from announced rounds

Activity in this selectionClimate tech

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
3
Confirmed lead rounds
1
2 roles undisclosed
New companies
3
First participation on record · 0 follow-on
Funding in participating rounds
$87.9M
3 disclosed · full round size, not this investor’s share

By stage

Series A2
Undisclosed1

By primary sector

Climate tech2
Space tech1

By country

United Kingdom3

Rounds

3 in this selection
Certain Energy

Certain Energy develops hydrogen-manganese flow batteries to help electricity grids and renewable generators store power for periods of low wind and solar output.

£10MSeries A
Lead
SatVu

Provides space-based thermal intelligence data for defense security and infrastructure monitoring

£30MSeries A
Role not disclosed
Kraken Technologies

Kraken leverages AI to automate customer service and billing for energy firms

£25MUndisclosed
Role not disclosed