Business Growth Fund
Growth equityLondon · Seed–Growth · 11 people tracked
Also known as Business Growth Fund Plc
Find your way into Business Growth Fund
1,255 people in our graph share verified history with the Business Growth Fund team — schools, employers, funds. One of them is your warm intro.
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 · 11 people
from curated & public directories
What they invest in
from 10 of 21 portfolio companiesEnterprise Software ×4AI & Machine Learning ×3Cleantech ×2Construction Tech ×2Deep Tech ×2Developer Tools ×2Energy ×2Biotech ×1
HQs:United Kingdom×5Canada×1United States×1South Africa×1
Investments · showing 18 of 21
founders shown can be your intro pathBy year:2026 · 22021 · 13 dated
Stantec is a global consulting firm providing engineering, architecture, and environmental services across infrastructure, energy, water, and urban development sectors.
Climate TechConstruction TechEnterprise Software
Appnovation provides nearshore software development and digital transformation services through distributed teams based in the Americas, Europe, and Asia, with specialized expertise in high-compliance industries like finance, healthcare, and insurance.
AI & Machine LearningDeveloper ToolsDigital HealthEnterprise SoftwareVancouver, CA
Co-investorsCanadian Business Growth FundExport Development Canada (EDC)
Aqdot is a supramolecular chemistry (chem-tech) company that develops proprietary AqFresh air quality and odour/VOC-elimination technology based on encapsulation.
CleantechDeep TechNew Materials
Dr Jing Zhang(Chief Executive Officer & Co-founder)Dr Roger Coulston(Chief Technical Officer & Co-founder)Hugh Rathbone(Chief Commercial Officer)inAlex Anikeeva(Chief Financial Officer)in
BoardTim Wright(Chairman)
Co-investorsProvidence Investment Company LimitedParkwalk Advisors
Discovery Invest is a retail active asset manager in South Africa that offers pre- and post-retirement investment products with a shared-value model that rewards clients for healthy investment and lifestyle behaviors through boosts and discounts.
FintechInsurTechSaaSJohannesburg, ZA
Adrian Gore(Founder)in
Co-investorsBlackRockRemgro / Invenfin ecosystemForesight Group
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)
FrontRow was an Indian hobby-learning platform with celebrity-led courses that shut down operations in mid-2023.
Co-investorsVibe CapitalEarl Grey CapitalEight Roads VenturesGSV Ventures
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
Mach42 develops AI tools for high-performance computing tasks, including analog circuit simulation and test plan development for semiconductors as well as real-time fusion control mechanisms.
AI & Machine LearningDeep TechSemiconductors
Co-investorsOxford Technology ManagementForesight Group
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 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
Co-investorsLloyds Bank
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Citrus-LimeFiviumKids PlanetTechspertUrban ZooUtelize CommunicationsWorkbooks
Exits · 1
1 IPOsStantecNYSE: STN
Portfolio news
latest coverage across their companiesStantec · stocktitan.net · Aug 18, 2026
Discovery Limited · kalkine.com.au · Aug 11, 2026
OrganOx · media.signalsfs.com · Sep 14, 2025
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
- How many investments has Business Growth Fund made?
- Business Growth Fund has 21 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.
- 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 channelStories 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
Co-investors · 31
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.
HealthQuest Capital is an investment firm focused on the healthcare sector, backing companies across areas such as medical devices, telehealth, and healthcare services.
Parkwalk Advisors is a UK-based investment manager focused on backing deeptech companies spun out of UK universities, bridging the gap between academic research and commercial success. It operates as part of IP Group plc and is a leading EIS fund manager.
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General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Balderton Capital is a European venture capital firm that backs technology startups.
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 technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.
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, founded by Bill Gates, backs innovators developing affordable, reliable, and clean energy technologies, investing across manufacturing, electricity, agriculture, transportation, and buildings.
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.
▶19 more co-investors
EQT Life SciencesForgePoint CapitalAtlantic Bridge VenturesCambridge Innovation CapitalOptum VenturesAdvent Life SciencesPitchdriveAnanda Impact VenturesHiro 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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