British Business Bank | Activity

Investment

The British Business Bank's £180m AI fund-commitments release confirms recent direct equity investments in Ineffable Intelligence as part of its accelerated direct investment programme.

Ineffable Intelligence

Ineffable Intelligence British Business Bank

Investment

The British Business Bank's £180m AI fund-commitments release confirms recent direct equity investments in PolyAI, the conversational AI company, building on its longstanding relationship with UK fund Entrepreneur First.

PolyAI

PolyAI British Business Bank

british-business-bank.co.ukOCT 15, 2026

OCT 15, 2026

Investment

The British Business Bank's £180m AI fund-commitments release confirms recent direct equity investments in PhysicsX, an AI engineering simulation company, as part of its accelerated direct investment programme.

PhysicsX

PhysicsX British Business Bank

british-business-bank.co.ukOCT 15, 2026

OCT 15, 2026

Investment

British Business Bank committed £180m across six VC/growth funds: Crane III (£35m), Connect V (£20m), Entrepreneurs First Early Stage Fund (£22m), Intrepid Growth Partners Fund I (£55m), Headline EU VIII (£26m), and Evantic Fund I (£22m), to back UK AI and deeptech companies from pre-seed to growth stage.

British Business Bank

British Business Bank British Business Bank

british-business-bank.co.ukOCT 15, 2026

OCT 15, 2026

Investment

British Business Bank committed £3m through its Regional Angels Programme to TSP Ventures, an early-stage VC firm investing in hard science and breakthrough technologies for sustainable critical resources.

TSP Ventures

TSP Ventures British Business Bank

british-business-bank.co.ukOCT 14, 2026

OCT 14, 2026

Investment

British Business Bank invested £10m in Salience Labs, an Oxford spin-out developing optical switches for AI networking, as part of a $125m Series B round led by Bullhound Capital with AMD Ventures and Intel Capital.

Salience Labs

Salience Labs British Business Bank

british-business-bank.co.ukOCT 14, 2026

OCT 14, 2026

Investment

British Business Bank invested in Living Optics' $20m financing round, a University of Oxford spin-out developing hyperspectral imaging cameras, alongside BRV Capital Management, Lockheed Martin Ventures, and Applied Ventures.

Living Optics

Living Optics British Business Bank

british-business-bank.co.ukOCT 5, 2026

OCT 5, 2026

News

British Business Bank published its Annual Report for 2025/26, supporting £9.4bn of finance, returning statutory profit before tax of £426m (3x prior year), with investment portfolio growth of 25% to £5.8bn and increased capacity for new funded commitments of £2.5bn a year.

British Business Bank

British Business Bank British Business Bank

british-business-bank.co.ukJUL 21, 2026

JUL 21, 2026

Milestone

The British Business Bank has invested more than £600m into UK scale-ups, more than doubling its direct equity investments since October 2025. Portfolio grew from 31 to more than 50 companies. Bank aims to deploy over £400m per year into UK scale-ups. Completed 18 new investments plus 18 follow-on investments in FY25/26.

British Business Bank surpasses £600m in direct equity investments

British Business Bank

british-business-bank.co.ukJUN 29, 2026

JUN 29, 2026

News

Surpassed £600M invested across more than 50 direct equity portfolio companies, more than doubling deployment since October 2025.

£600M direct equity milestone

British Business Bank

british-business-bank.co.ukJUN 29, 2026

JUN 29, 2026

Investment

Invested £40M in Quantum Motion as part of a $160M Series C, making it the UK's best-funded quantum computing company.

Quantum Motion

Quantum Motion British Business Bank

british-business-bank.co.ukMAY 2026

MAY 2026

Team Change

Appointed a growth equity specialist as Managing Director for the Direct Equity programme.

Managing Director, Direct Equity appointment

British Business Bank

british-business-bank.co.ukFEB 9, 2026

FEB 9, 2026

Investment

Invested £25M in Wayve's $1.2B Series D round for autonomous driving AI.

Wayve

Wayve British Business Bank

british-business-bank.co.ukFEB 2026

FEB 2026

Investment

Committed £25M to Kraken Technologies as part of its $1B demerger from Octopus Energy Group.

Kraken Technologies

Kraken Technologies British Business Bank

british-business-bank.co.ukJAN 2026

JAN 2026

British Business Bank Activity

The British Business Bank's £180m AI fund-commitments release confirms recent direct equity investments in Ineffable Intelligence as part of its accelerated direct investment programme.

The British Business Bank's £180m AI fund-commitments release confirms recent direct equity investments in PolyAI, the conversational AI company, building on its longstanding relationship with UK fund Entrepreneur First.

The British Business Bank's £180m AI fund-commitments release confirms recent direct equity investments in PhysicsX, an AI engineering simulation company, as part of its accelerated direct investment programme.

British Business Bank committed £3m through its Regional Angels Programme to TSP Ventures, an early-stage VC firm investing in hard science and breakthrough technologies for sustainable critical resources.

British Business Bank invested £10m in Salience Labs, an Oxford spin-out developing optical switches for AI networking, as part of a $125m Series B round led by Bullhound Capital with AMD Ventures and Intel Capital.

British Business Bank invested in Living Optics' $20m financing round, a University of Oxford spin-out developing hyperspectral imaging cameras, alongside BRV Capital Management, Lockheed Martin Ventures, and Applied Ventures.

British Business Bank published its Annual Report for 2025/26, supporting £9.4bn of finance, returning statutory profit before tax of £426m (3x prior year), with investment portfolio growth of 25% to £5.8bn and increased capacity for new funded commitments of £2.5bn a year.

Surpassed £600M invested across more than 50 direct equity portfolio companies, more than doubling deployment since October 2025.

Invested £40M in Quantum Motion as part of a $160M Series C, making it the UK's best-funded quantum computing company.

Appointed a growth equity specialist as Managing Director for the Direct Equity programme.

Invested £25M in Wayve's $1.2B Series D round for autonomous driving AI.

Committed £25M to Kraken Technologies as part of its $1B demerger from Octopus Energy Group.