British Business Bank Backs £40m Fund Supporting B2B Startups

British Business Bank backs FPE Capital with £40 million

The commitment aims to ease a funding gap for UK scale-ups that have outgrown early-stage backing but remain too small for bigger investors.

FPE Capital closes Fund IV first round with €46 million cornerstone investment from British Business Bank

The British Business Bank (BBB) has announced a cornerstone commitment of €46 million (£40 million) to FPE Capital’s Fund IV, to support high growth smaller businesses across the UK and Ireland. The BBB previously committed €23 million (£20 million) to FPE’s Fund II in 2017 and this latest commitment to Fund IV forms part of a first close which surpasses the total size of the predecessor fund. Adam Kelly, Managing Director and Co-Head of Funds, …

British Business Bank backs £40m fund supporting B2B startups

The British Business Bank has announced a cornerstone commitment of £40m to FPE Capital’s Fund IV, to support high growth smaller businesses across the UK.  The Bank previously committed £20m to FPE’s Fund II in 2017 and this latest commitment to Fund IV forms part of a first close which surpasses the total size of the predecessor fund. This latest commitment is made under the Bank’s growth equity strategy. This expanded mandate enables the Bank…

British Business Bank commits £40m to FPE Capital to boost growth for SMEs

Richard Coldwell said: “The Bank’s commitment will ensure that growth capital is channelled to high potential companies entering the next stage of their growth journey."