Business Growth Fund
Growth equityLondon · Seed–Growth · 9 people tracked
Also known as Business Growth Fund Plc
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.
Team · 9 people
from public directories
What they invest in
from 4 of 12 portfolio companiesEnterprise Software ×3Construction Tech ×2AI & Machine Learning ×1Biotech ×1Climate Tech ×1Cloud Computing ×1Developer Tools ×1Energy ×1
HQs:United Kingdom×2
Investments · 12 tracked
founders shown can be your intro pathStantec is a global consulting firm providing engineering, architecture, and environmental services across infrastructure, energy, water, and urban development sectors.
Climate TechConstruction TechEnterprise Software
Technology company based in the North West of England.
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)
Technology company based in the North West of England.
Technology company based in the South East of England.
Exits · 1
IPOs and acquisitions across the tracked portfolioStantecNYSE: STN
Principals & officers · per Companies House
what is this? ⓘSecretary · British · since 2011
Director · British · since 2026
Director · British · since 2022
Director · South African,British · since 2024
Bgf Group Plc — 75–100% of shares, 75–100% of voting rights, right to appoint and remove directors
Frequently asked questions
- 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.
Media · Podcasts & interviews
from their channelStories 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
Co-investors · 31
Amadeus Capital Partners is a UK-based deep tech venture capital firm founded in 1997 that invests from seed to growth stages across artificial intelligence, health, and sustainability-focused technologies.
HealthQuest Capital is an investment firm focused on the healthcare sector, backing companies across areas such as medical devices, telehealth, and healthcare services.
General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.
Balderton Capital's portfolio page listing companies it has backed across stages, sectors, and geographies, primarily in Europe.
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.
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
Northzone is a multi-stage venture capital firm investing from seed to growth.
Heartcore Capital is an early-stage venture firm backing European founders from inception through Series A, with a dedicated practice investing in Web3 protocols.
Breakthrough Energy is a global platform founded to accelerate clean energy innovation and build climate-focused industries, supporting innovators developing affordable, reliable, clean energy technologies.
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.
HTGF is a venture capital firm that invests in technology companies and new business models.
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.
▶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.
Similar investors
VenturEast is one of India's longest-standing venture capital fund managers, investing since 1997 and managing over $325 million across more than 100 investments in technology, healthcare, and clean environment.
Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.
Main Sequence is a venture firm founded out of CSIRO that invests in and helps create companies tackling ambitious, deep-technology challenges.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.