British Business Bank

Activity from announced rounds

Activity in this selectionDefense 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
2
Confirmed lead rounds
—
2 roles undisclosed
New companies
2
First participation on record · 0 follow-on
Funding in participating rounds
$40.6M
1 disclosed · full round size, not this investor’s share

By stage

Series A1
Undisclosed1

By primary sector

Defense tech1
Space tech1

By country

United Kingdom2

Rounds

2 in this selection
Hadean

Develops AI-powered digital wargaming and command-and-control capabilities.

UndisclosedUndisclosed
Role not disclosed
SatVu

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

£30MSeries A
Role not disclosed