British Business Bank

Activity from announced rounds

Activity in this selectionHardware

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