Fundraising Fox

Business Growth Fund

Growth equity

London · Seed–Growth · 11 people tracked

Also known as Business Growth Fund Plc

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Investment thesis

BGF invests patient, minority capital in growing SMEs across the UK and Ireland, never taking a controlling equity stake. Its investment model is purpose-built for growth-stage companies, pairing flexible funding with ongoing support and access to extensive networks and resources. The firm offers follow-on funding for new opportunities and provides expertise across a range of growth strategies tailored to each company's needs. Founded to address the SME funding gap, BGF works closely with founders and management teams to help them unlock value and drive sustainable growth throughout their journeys.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$3.8M – $38M
HQ
London, GB
Leads rounds
Follows
Instruments
Equity
Founded
2011
AUM
$5.1B
Tracked investments
13

Team · 11 people

from curated & public directories
Barry Jackson· Regional Partnerin
Andy Gregory· CEOin
Leo Casey· Head of Republic of Irelandin
Aoife McAdam· Investorin
Gemma Hamilton· Investorin𝕏

What they invest in

from 5 of 13 portfolio companies

Enterprise Software ×3Construction Tech ×2AI & Machine Learning ×1Biotech ×1Climate Tech ×1Cloud Computing ×1Consumer ×1Developer Tools ×1

HQs:United Kingdom×4United States×1

Investments · 13 tracked

founders shown can be your intro path
Stantecstantec.comNYSE: STN

Stantec is a global consulting firm providing engineering, architecture, and environmental services across infrastructure, energy, water, and urban development sectors.

Climate TechConstruction TechEnterprise Software

Amdarisamdaris.comin𝕏

Amdaris provides clients with dedicated teams of personnel to supplement internal software delivery projects and programmes under managed service agreements.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareFuture of WorkUK, GB

Citrus-Lime

Technology company based in the North West of England.

External Linkhydrock.com

Stantec is a global engineering, architecture, and environmental consulting firm that delivers projects across infrastructure, energy, buildings, and water sectors.

Construction TechEnergyEnterprise Software

Cath Schefer(Executive Vice President, Chief Operating Officer – Global)Brian Yates(Managing Director)

Fivium
Kids Planet
Komikomi.io

Komi is a creator platform combining mini-sites, commerce and brand-deal tools for creators with influencer marketing software for brands.

Los Angeles, US

Lewis Crosbie(Founder)

Co-investorsBrighteye VenturesMiroma VenturesRTP GlobalContour Venture Partners

OrganOxorganox.comin

OrganOx develops the metra platform, a device that extends organ preservation time for liver transplants by maintaining continuous perfusion with oxygenated blood-based solutions, enabling surgeons to better assess organ viability and make more informed transplant decisions.

BiotechHealthtechMedical DevicesOxford, GB

Prof. Peter Friend(Co-Founder)

Co-investorsAmadeus Capital PartnersHealthQuest CapitalIntuitive VenturesLauxera Capital PartnersLongwall Venture Partners LLPOxford University Innovation+1 more

St Pierre Groupestpierregroupe.comin𝕏

St Pierre Groupe is a bakery company that produces brioche and baked goods under the St Pierre and Baker Street brands, sold through retail, wholesale, hospitality, and online channels.

ConsumerFoodTechManchester, GB

Techspert
Urban Zoo

Technology company based in the North West of England.

Utelize Communications
Workbooks

Technology company based in the South East of England.

Exits · 1

IPOs and acquisitions across the tracked portfolio

StantecNYSE: STN

Principals & officers · per Companies House

what is this? ⓘ
David Robert Murray

Secretary · British · since 2011

Benjamin Julius Barker

Director · British · since 2026

Andrew Nicholas Gregory

Director · British · since 2022

Christopher Andrew Olds

Director · South African,British · since 2024

Ownership & control

Bgf Group Plc75–100% of shares, 75–100% of voting rights, right to appoint and remove directors

Frequently asked questions

How many investments has Business Growth Fund made?
Business Growth Fund has 12 tracked investments.
What stage does Business Growth Fund invest at?
Business Growth Fund invests at the Seed, Series A, Series B, Growth stages.
What is Business Growth Fund's typical check size?
Business Growth Fund typically writes checks of $3.8M – $38M.
What sectors does Business Growth Fund focus on?
Business Growth Fund focuses on Advanced Manufacturing, Biotech, Cleantech, Consumer, Data & Infrastructure, Deep Tech, Defense Tech, Energy, Enterprise Software, Fintech, FoodTech, Hardware, Healthtech, Media & Entertainment, Medical Devices, Retail Tech, SaaS, Sector Agnostic.
Where is Business Growth Fund located?
Business Growth Fund is headquartered in London, GB.
Does Business Growth Fund lead rounds?
Business Growth Fund typically participates in rounds rather than leading them.
Who does Business Growth Fund co-invest with?
Business Growth Fund most often shares deals with Amadeus Capital Partners, HealthQuest Capital, Intuitive Ventures, among 7 tracked co-investors.

Media · Podcasts & interviews

from their channel

Stories of Growth | Donna and David Copley, Coppergreen

BGF

Stories of Growth | Andy Rogers & Vlad Nanu, Amdaris

BGF

BGF backs Rapidrop to accelerate global expansion in fire protection

BGF

The role of Growth Capital in de-risking Inheritance Tax reform | BGF & Grant Thornton

BGF

Why leaders burn out when scaling — and how to build real resilience

BGF

Images

Business Growth Fund photoBusiness Growth Fund photoBusiness Growth Fund photoBusiness Growth Fund photo

Co-investors · 31

Amadeus Capital Partners

Amadeus Capital Partners is a technology investment firm that backs founders building complex, science-led and deep tech businesses, supporting them over the long term as they scale internationally.

Both backed · 1
$50K – $12.7M
HealthQuest Capital

HealthQuest Capital is an investment firm focused on the healthcare sector, backing companies across areas such as medical devices, telehealth, and healthcare services.

Both backed · 1
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Balderton Capital

Balderton Capital is a European venture capital firm that backs technology startups.

$5M – $50M
SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

$30K – $550K
Offline Ventures

Believes that best ideas happen offline. Offline Ventures is Interested in companies that are driven by both profit and purpose while taking great care of the world around them

$250K – $5M
Northzone

Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.

$1M – $50M
Heartcore Capital

Heartcore Capital is an early-stage venture capital firm backing European founders from inception. It invests in startups from inception through Series A, and also invests in web3 protocols from idea to liquid tokens.

Breakthrough Energy Ventures

Breakthrough Energy, founded by Bill Gates, backs innovators developing affordable, reliable, and clean energy technologies, investing across manufacturing, electricity, agriculture, transportation, and buildings.

$500K – $50M
Octopus Ventures

Octopus Ventures is a founder-focused European venture capital firm that backs mission-driven startups across seven core sectors, investing from idea stage through growth with a focus on pre-seed to Series A.

$130K – $1.3M
HTGF

HTGF is a venture capital firm that invests in technology companies and new business models.

$1.1M
EQT Life Sciences

EQT Life Sciences, formerly LSP, is one of Europe's largest and most experienced life sciences investors, backing companies developing therapeutics, medical devices, diagnostics and healthtech globally. It is part of EQT Group.

$11M – $66M
19 more co-investors

ForgePoint CapitalAtlantic Bridge VenturesCambridge Innovation CapitalOptum VenturesAdvent Life SciencesPitchdriveAnanda Impact VenturesParkwalk AdvisorsHiro Capital4BIO CapitalVendep CapitalEducapitalePlanet CapitalYork IEBioqube VenturesGolden SeedsLever VCNightDragon24 Haymarket

Firms observed investing alongside Business Growth Fund, from public investor directories. Shared companies are the overlap with Business Growth Fund's recorded portfolio.

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