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BGF

BGF

Venture Capital

BGF is one of the largest and most experienced growth capital investors operating across the UK and Ireland.

Portfolio

106

companies

AUM

£2.5B

under management

Investment by month

By category

  • Uncategorised£218M
  • BioTech£139M
  • EnergyTech£132M
  • MedTech£95.2M
  • AI/ML£92.1M
  • Other£730M

By location

  • Cambridge£337M
  • London£276M
  • Oxford£224M
  • United Kingdom£130M
  • New York£58.0M
  • Other£381M

Portfolio companies

3R

365 Response

Software provider for patient transport and local authority mobility services.

3G

3sun Group

3sun Group delivers engineering and maintenance services for the energy industry.

AND Digital

AND Digital

AND Digital accelerates digital delivery and helps businesses build internal technology capabilities.

AA

Acro Aircraft Seating

Acro Aircraft Seating designs and manufactures lightweight economy airline seats.

Artus

Artus

Artus develops advanced heating, ventilation, and air conditioning units.

BP

Bloom Procurement Services

Bloom Procurement Services operates a public sector procurement marketplace providing managed service solutions.

View all 106 companies
B

Boxphish

Boxphish delivers human risk management and cyber security training tools for organisations.

B

Braidwater

Braidwater designs and constructs residential housing developments across Northern Ireland.

BE

Bramble Energy

Bramble Energy develops printed circuit board fuel cell technology for hydrogen power.

CG

CWC Group

CWC Group delivers specialist care and residential nursing services across Northern Ireland.

CG

Cambridge GaN Devices

Developer of power semiconductor devices using Gallium-Nitride on Silicon technology.

CD

Caristo Diagnostics

Caristo Diagnostics develops AI-assisted tools for cardiac and vascular disease diagnostics.

C

Celerity

Provider of hybrid cloud and IT managed services.

Ceryx Medical

Ceryx Medical

Ceryx Medical develops next-generation bioelectronic therapies for heart failure.

CE

Cheesecake Energy

Cheesecake Energy develops novel thermal and compressed air energy storage systems for static applications.

C

Cirrus

Cirrus provides cloud-based contact centre software for digital customer service operations.

Closed Loop Medicine

Closed Loop Medicine

Closed Loop Medicine develops integrated drug and digital therapeutics to enable precision dosing.

C

Cronofy

Cronofy provides embedded scheduling infrastructure for businesses globally.

C

Crêpeaffaire

Crêpeaffaire serves sweet and savoury crêpes, waffles, and beverages across multiple sites in the UK and the Middle East.

CH

Cyted Health

Cyted Health develops gastrointestinal molecular diagnostics for early esophageal disease detection.

D

Datum360

Datum360 provides an engineering information management software platform for critical asset data.

D

DefiniGEN

DefiniGEN creates human cell models to support drug discovery and preclinical research.

D

Desana

Desana operates a global hybrid workspace platform providing on demand access to offices worldwide.

Echion Technologies

Echion Technologies

Echion Technologies develops niobium anode materials for lithium-ion batteries.

Elite Dynamics

Elite Dynamics

Elite Dynamics develops specialist software solutions for holiday parks and marinas.

E

Elvie

Elvie builds connected health devices designed to improve personal wellbeing for women.

Enhanc3D Genomics

Enhanc3D Genomics

Enhanc3D Genomics develops functional genomics platforms that map the human three dimensional genome to transform therapeutic development.

Enhanced Genomics

Enhanced Genomics

Biotechnology company pioneering 3D multi-omics to identify drug targets for common diseases.

Entia

Entia

Entia develops remote patient monitoring and blood testing technology for cancer treatment.

EB

Evolve Business Group

Specialist in end-to-end managed network and IT solutions for multi-site businesses.

F

Firefly

Firefly provides school learning platforms that connect teachers, students and parents.

F

FluoRok

FluoRok develops sustainable technologies for manufacturing fluorochemicals.

FR

Forefront RF

Forefront RF develops adaptive passive cancellation technology to simplify multi band mobile device design.

FC

Four Communications

Four Communications provides public relations, marketing and media services to corporate and public sector clients.

G

Gaussion

Gaussion builds magnetic charging technology that improves lithium-ion battery performance.

G

Genflow

Genflow provides an influencer brand building platform for social media creators.

GS

Giggling Squid

Giggling Squid operates a growing portfolio of Thai restaurants across the UK.

G

Gousto

Gousto provides a meal kit delivery service for home cooking.

HD

Helio Display Materials

Helio Display Materials creates proprietary perovskite materials to improve screen performance and energy efficiency.

Hicomply

Hicomply

Hicomply provides a software platform that automates information security compliance for small and medium enterprises.

I

Invenio

Invenio delivers technology solutions and consulting services for global organisations.

KH

KCA Holdings

KCA Holdings provides workforce management software and private cloud services.

KG

KOMI Group

KOMI Group creates and curates engaging digital media content for global audiences.

KYND

KYND

KYND provides cyber risk monitoring and intelligence solutions for organisations.

K

Kagool

Digital agency and Sitecore specialist providing customer experience and web development services.

KR

Keenan Recycling

Keenan Recycling converts commercial organic waste into accredited compost.

K

Kinomica

Kinomica develops proteomic data science platforms to advance precision cancer treatments.

K

Kooth

Kooth delivers digital mental health and well-being support for young people.

K

Kubus

Kubus provides IT infrastructure and cyber security solutions for global enterprises and public sector bodies.

MIP Diagnostics

MIP Diagnostics

MIP Diagnostics develops synthetic antibodies for use in diagnostic devices.

MRM Global

MRM Global

MRM Global provides marketing technology for the global drinks and hospitality sector.

MD

Machine Discovery

Machine Discovery develops machine learning technology to accelerate complex simulations and product design.

MT

Maxion Therapeutics

Maxion Therapeutics develops antibody-based biologic drugs for ion channel and GPCR-driven diseases.

Miss Group

Miss Group

Miss Group provides international web hosting and domain registration services.

MT

MoA Technology

MoA Technology develops next-generation herbicides to combat global weed resistance.

MC

Mono Consultants

Mono Consultants delivers network support services for mobile telecoms operators.

M

Moteefe

Moteefe provides an infrastructure platform for e-commerce brands to manage global on-demand production and fulfilment.

MD

MyLife Digital

MyLife Digital provides a platform for the consensual sharing of personal and professional data.

Nossa Data

Nossa Data

Nossa Data provides software that streamlines environmental, social and governance reporting for corporations.

O

Odro

Odro supplies video interviewing and engagement software to the recruitment sector.

OS

Operational Solutions

Operational Solutions develops counter-drone technologies to secure airspace for airports and major events.

OS

Opus Safety

Opus Safety provides tech-enabled health and safety, HR and occupational health solutions for businesses.

O

Orbex

Orbex develops space rockets and launch services for small satellites.

OrganOx

OrganOx

OrganOx builds automated perfusion devices to preserve donor livers for transplantation.

OT

Origin Tech

Origin Tech builds satellite-enabled leak detection and trenchless repair technology for the water industry.

O

Oxbotica

Oxbotica builds universal autonomous driving software for diverse industrial applications.

P

PMC

PMC delivers technology services and digital solutions to retail and commerce brands globally.

PM

Pathfinder Medical

Medical device company improving outcomes for vascular procedures.

Phlux Technology

Phlux Technology

Phlux Technology builds advanced infrared sensors for global optical and sensing applications.

PhoreMost

PhoreMost

PhoreMost develops targeted therapies for cancer and age related conditions.

P

PredictImmune

PredictImmune develops prognostic tools for guiding treatment in immune-mediated diseases.

P

Proventeq

Proventeq provides digital transformation and enterprise content management modernisation services.

PureCyber

PureCyber

PureCyber provides outsourced cyber security solutions and services for businesses.

P

Purple

Purple builds WiFi and location analytics platforms for physical venues.

R

ROI

ROI provides website rental technology that helps small businesses generate leads and sales.

R

ROVOP

ROVOP provides subsea remotely operated vehicle services for the offshore energy industry.

Reactive Technologies

Reactive Technologies

Grid resilience technology company helping operators ensure reliable renewable power systems.

RM

Recite Me

Recite Me provides website accessibility software that removes digital barriers for users worldwide.

Ruroc

Ruroc

Ruroc designs and manufactures protective helmets and gear for action sports enthusiasts.

SPEX Group

SPEX Group

SPEX Group develops specialist explosive products and services for the oil and gas industry.

SPOKE

SPOKE

SPOKE provides custom made menswear through a proprietary sizing platform.

S

Sertec

Sertec manufactures stampings and welded assemblies for the automotive sector.

Shift Bioscience

Shift Bioscience

Shift Bioscience uses generative artificial intelligence models to understand how gene activation can reverse the aging process.

SR

Signify Research

Signify Research delivers specialist market intelligence and research to the global healthcare technology sector.

SS

Stark Software International

Stark provides energy data collection, metering, and analytics services to thousands of organisations.

S

Sunswap

Sunswap develops zero-emission refrigeration technology for transport fleets.

T-Therapeutics

T-Therapeutics

Developer of next-generation T cell receptor therapeutics for oncology and immunology.

TMT ID

TMT ID

Mobile identity intelligence company providing user verification and fraud prevention solutions.

The Insights Family

The Insights Family

The Insights Family delivers market intelligence and consumer trends focused on children and parents.

T

TidalSense

TidalSense manufactures handheld diagnostic devices that detect chronic obstructive pulmonary disease from normal breathing.

Tribepad

Tribepad

Tribepad develops talent acquisition software for corporate recruitment teams.

T

Twenty7tec

Twenty7tec provides software that streamlines the mortgage and wealth advice process for UK advisers.

V

VTL

VTL manufactures precision engineered components for the automotive industry.

V

ViaNautis

ViaNautis develops a proprietary nanomedicine platform for targeted intracellular drug delivery.

V

Virtual1

Virtual1 provides wholesale cloud and connectivity services through a scalable aggregated network platform.

Voicescape

Voicescape

Communications software provider for social housing and local authorities.

Wiserfunding

Wiserfunding

Wiserfunding provides credit risk assessment technology for SME lenders.

WG

Wobble Genomics

Wobble Genomics develops a novel approach to RNA sequencing for biotechnology applications.

W

Workbooks

Workbooks provides a cloud-based CRM and commercial operations platform for mid-market organisations.

X

XCD

XCD provides cloud-based human resources and payroll software.

X

Xercise4Less

Xercise4Less operates large format low cost gym facilities across the UK.

YM

York Mailing

York Mailing provides specialist print production and catalogues for the UK retail sector.

e2e-assure

e2e-assure

E2e-assure provides managed threat detection and response services for businesses.

f

fulfilmentcrowd

fulfilmentcrowd provides cloud-based logistics and fulfilment technology for ecommerce retailers.

hedgehog lab

hedgehog lab

Hedgehog lab is a digital product consultancy that builds software for global brands.

techspert.io

techspert.io

Techspert.io connects businesses with industry experts through an artificial intelligence platform.


Team

SC

Simon Calver

Head of Venture Investments

LinkedIn
AS

Alex Snodgrass

Investor

Alex brings investment experience from roles at BGF and LDC. Earlier career history includes finance and banking positions at Lloyds Banking Group, Bank of Scotland, and HBOS.

LinkedIn
JT

Jack Teasdale

Investment Director

Jack currently serves as an investor at BGF, following investment roles at Horizon Capital and earlier corporate finance experience at Grant Thornton UK LLP.

LinkedIn
TR

Tim Rea

head of early stage

Pinesh Mehta

Pinesh Mehta

Investor

Pinesh brings investment experience from BGF, having previously worked in corporate finance at KPMG.

LinkedIn
Chris Boyes

Chris Boyes

Investor

Chris is a partner at BGF and holds non-executive director roles across several companies, including Akula and Newett Homes. He brings extensive board-level experience spanning outdoor furniture, property, optics, and engineering services.

LinkedIn
View all 75 team members
JE

John Eggleston

Ian Downing

Ian Downing

Investor

Ian brings portfolio management, non-executive, and board advisory experience from roles at BGF, Gousto, and TickX.

LinkedIn
JS

James Syrotiuk

Investor

James is chief financial officer at Medigold Health and previously held partner roles at Heligan Group and Heligan Investments, alongside investor experience at BGF.

LinkedIn
Daniel Tapson

Daniel Tapson

Investor

Daniel brings a decade of private equity experience from BGF and now acts as partner and co-founder at Laminar Growth Partners. He also holds non-executive director and advisory roles across several scale-up companies.

LinkedIn
HW

Hannah Waters

Investor

Hannah brings investment experience from BGF, alongside an extensive background in audit and accounting roles at Grant Thornton.

Alex Garfitt

Alex Garfitt

Investor

Alex is a partner at BGF and holds several non-executive director roles. They also serve as an LPAC board member at Cornerstone VC.

LinkedIn
DS

Daina Spedding

Investor

Daina brings investment and board-level experience from roles at BGF and Baird Capital, alongside non-executive duties at companies including Brompton Bicycle and Elvie.

LinkedIn
Rob Johnson

Rob Johnson

Investor

LinkedIn
Barry Jackson

Barry Jackson

Investor

Barry brings investment experience as a regional partner at BGF, alongside multiple non-executive director roles.

LinkedIn
EB

Euan Baxter

Investor

Euan brings investment and transaction services experience from roles at BGF and KPMG UK, alongside an interim stint at Safehinge Primera.

LinkedIn
PG

Patrick Graham

Head of BGF for Central Scotland and Northern Ireland

Patrick is a regional partner at BGF, having previously headed the firm's operations for Central Scotland and Northern Ireland. He also holds non-executive director experience across several regional companies.

LinkedIn
KB

Keith Barclay

Investor

Keith is an investor at BGF, following investment management experience at Souter Investments. He previously worked in corporate finance and legal roles at Blas and Shepherd and Wedderburn.

LinkedIn
James Skade

James Skade

Investor

James is an investor at BGF and holds non-executive director roles at Plant-Ex Ingredients and United Tooling Solutions. He previously served as a board observer for Amdaris, Molson Group, and Plantforce Rentals.

LinkedIn
Rhys Davenport

Rhys Davenport

Investor

LinkedIn
RS

Rahul Satsangi

Investor

Rahul serves as a partner at Bowmark Capital. He previously held investment and non-executive roles at BGF, Makers, and Harnham.

LinkedIn
ZK

Zahir Kasmani

Investor

LinkedIn
Chris Jones

Chris Jones

LinkedIn
Spencer Woods

Spencer Woods

Investor

Spencer brings investment and portfolio management experience from roles at BGF and Wheatsheaf Group, following earlier advisory work at PricewaterhouseCoopers.

LinkedIn
Tom McDonnell

Tom McDonnell

Investor

Tom brings private equity and corporate finance experience from roles at CBPE, Business Growth Fund, and KPMG.

LinkedIn
Bethany Shiers

Bethany Shiers

Bethany is an Associate Director at Adamantem Capital, following investment and board observer roles at August Equity.

LinkedIn
EV

Elliot Vickerstaff

Guy Pope

Guy Pope

Investor

LinkedIn
JA

James Austin

Investor

Rowan Bird

Rowan Bird

Investor

Rowan brings investment experience across deep tech, climate, and sustainability. They currently serve as an investor director at BGF, Xampla, DEScycle, and It's Fresh!, alongside board observer and mentoring roles.

LinkedIn
Mark Nunny

Mark Nunny

Mark serves as an investor at BGF and holds non-executive director roles across several companies.

LinkedIn
HJ

Harry Jones

Investor

LinkedIn
Lucy Edwardes Jones

Lucy Edwardes Jones

Investor

LinkedIn
Dennis Atkinson

Dennis Atkinson

Co-head of early stage

Dennis serves as co-head of early stage investments at BGF and holds investor director roles across several portfolio companies.

LinkedIn
LN

Linda Nguyenova

Investor

Linda brings investment experience from BGF alongside founding and board roles. She also serves as a board member for Lifted Ventures.

LinkedIn
AM

Andy McRae

Non-Executive Chair

John Healey

John Healey

Investor

LinkedIn
JB

James Baker

Investor

James works as an investor at BGF and holds non-executive and board observer roles across several companies. He previously gained corporate finance experience at Deloitte UK and BDO UK LLP.

LinkedIn
Josh Bean

Josh Bean

Investor

Josh is an investor at BGF and holds non-executive director roles at Citrus-Lime, Evolve, and Eleven Sports Media.

LinkedIn
Jill Williams

Jill Williams

Portfolio Manager

Jill brings private equity and portfolio management experience from roles at BGF and Mercia Asset Management.

LinkedIn
JS

Joanna Smart

portfolio lead

Joanna brings portfolio leadership, advisory, and non-executive experience across multiple organisations, including BGF and NIHR. She currently serves as non-executive chair at Silvia Bio alongside directorships at Ignota Labs, Kinomica, and Entia.

LinkedIn
LR

Luke Rajah

Investor

Luke brings investing experience from BGF and Ombu Group, alongside operational background from WaveBreak and consulting experience at BCG.

LinkedIn
LP

Liam Pursall

Investor

Liam co-founded Laminar Growth Partners after holding investment roles at BGF and Foundation Investment Partners. He also served as chief development officer at SCIS Group.

LinkedIn
CW

Courtney Walker

Investor

MM

Martin Moran

Non-executive chair

JS

Jo Smart

Jo serves as non-executive chair at Silvia Bio and holds board and advisory roles across several life sciences and healthcare organisations, alongside a directorship role at BGF and the NIHR i4i programme directorship.

PG

Paddy Graham

Investor

Paddy serves as regional partner at BGF, following previous leadership roles covering Scotland and Northern Ireland. He also holds non-executive director experience across multiple companies including Braidwater.

HK

Hannah King

Investor

Hannah is an investor at BGF covering Wales and the South West, holding investor director roles at PureCyber Limited and Character.com alongside board observer positions.

LinkedIn
Edwin Davies

Edwin Davies

Investor

Edwin is an investor at BGF covering the South West and South Wales. He also serves as a board director across several companies.

LinkedIn
DW

Duncan Wade

Investor

Duncan works as an investor at BGF and holds non-executive director roles at PMC, Twenty7tec, and Christopher Ward. He previously served as managing director at BCMS and corporate development director at The Marketing Practice.

LinkedIn
CD

Cat Dilloway

Investor

Cat brings investment and credit experience from roles at BGF, Maven Capital Partners, Innovate UK, and Investec.

LinkedIn
Harry Kernick

Harry Kernick

Investor

Harry is an investor at BGF, following previous roles at PwC and Douse Associates.

LinkedIn
Louis Hall

Louis Hall

Investor

Louis serves as an investor at BGF and holds board observer roles at Kubus and Plant-Ex Ingredients. He previously spent three years at Grant Thornton UK in transaction advisory services and audit.

LinkedIn
Elena Kovalikhina

Elena Kovalikhina

Investor

Elena is an investor at BGF and holds board observer roles across several portfolio companies, including Rapidrop, Signify Research and Civiteq. She previously served as a non-executive director and board observer at Whistl UK.

LinkedIn
Georgie Stratton

Georgie Stratton

Georgie works on the investment team at BGF. Previously, she held roles in management at PwC and business development at Burges Salmon and M+W Group.

LinkedIn
SS

Seb Saywood

Partner

AG

Andy Gregory

CEO

Andy brings investment and executive experience from roles at BGF, Livingbridge, and Key Capital Partners. He currently serves as chief executive officer at BGF.

LinkedIn
Matthew Connor

Matthew Connor

Investor

Matthew is an investor at BGF and holds non-executive director roles across several companies, including Wiserfunding and Genflow.

LinkedIn
DK

Dylan Kaye

Investor

Dylan is an investor at BGF, following previous roles in origination at the firm and as a research and development analyst at Houlihan Lokey. He also serves as a board observer for EvoDental and Wild Frontiers Adventure Travel.

LinkedIn
SW

Stephen Welton

Executive Chair

Simon Blackaby

Simon Blackaby

Investor

LinkedIn
Paul Stevens

Paul Stevens

Head of Quoted Investments

Paul brings investment experience from roles at BGF and Octopus Investments. He also serves as a director at TalentCoach.

LinkedIn
RT

Richard Taylor

Investor

LinkedIn
DM

Duncan Macrae

Investment Director

LinkedIn
Chris Hodges

Chris Hodges

Investor

Chris brings private equity experience, holding directorships at Caledonia Private Capital and BGF alongside non-executive roles at Cooke Optics and AIR-serv.

LinkedIn
Jessica Zoutsos

Jessica Zoutsos

Jessica serves as a partner at Penrose Capital Partners and director at Leancrest, alongside roles as chief executive of Capitalex and investment advisor at Northern Gritstone. She also holds non-executive directorships at Apex Airspace and Alacrity Law.

LinkedIn
Mike Sibson

Mike Sibson

Investor

Mike is an investor at BGF and brings extensive non-executive experience across several companies. He currently serves as chair at Sulmara, director at Duack, and non-executive director at Spex Group Holdings.

LinkedIn
George Tsangarides

George Tsangarides

George is a partner at Athanasia Investments. He previously held investment roles at Coniston Capital, Business Growth Fund, and Bank of America Merrill Lynch.

LinkedIn
Thomas McDonnell

Thomas McDonnell

Thomas brings investment and corporate finance experience from roles at CBPE, Business Growth Fund, and KPMG Corporate Finance.

Richard Pugh

Richard Pugh

Investor

Richard is an investor at BGF and serves as a non-executive director across several companies.

LinkedIn
Ben Kirby

Ben Kirby

Investor

Ben brings investment and venture experience from roles at Ethos Partners, Coniston Capital, and BGF.

LinkedIn
JS

Jon Simon

Investor

Jon brings investment experience from Downing LLP and BGF, alongside banking background with Lloyds and Bank of Scotland.

LinkedIn
Dan Tapson

Dan Tapson

Investor

Dan brings private equity experience from a decade at BGF and currently serves as partner and co-founder at Laminar Growth Partners. He also holds non-executive director and advisory roles with various companies.

Lucy Edwardes-Jones

Lucy Edwardes-Jones

Investor

DB

Dave Bellis

Investor

Dave is an investor at BGF, following previous roles at Alantra and PwC.

LinkedIn

Recent investments

$19.0M

Cross-Border Impact Ventures led the round, which will fund international expansion and product development.

"We’re still diagnosing in the twenty-first century with a test invented in the 1800s, and one that needs specialist equipment and training most of the world doesn’t have access to. Lower-income and minority communities pay the price for that first. That’s the gap we want to close at TidalSense, and the NHS is the first place we’re doing it,"
— Ameera Patel, Chief executive
$28.0M

The funding round was co-led by BGF and AlbionVC to support commercial deployment of its magnetic charging systems.

"The race everyone's watching is about computer chips — but the real prize is the battery. The battery decides whether the giant computers behind AI can keep running. Whether a drone can stay in the sky. Whether a satellite survives out in space. Every battery faces a physics ceiling, and we move that ceiling,"
— Tom Heenan, Co-founder
Growth
£16.6M

The investment was led by BGF to accelerate product development and international growth.

"Our mission is simple: give mid-market organisations an integrated platform that works the way their business works – without the complexity, hidden costs or bolt-ons that often come through alternative providers. BGF’s backing helps us move faster, while staying true to the customer-first philosophy that sets us apart."
— John Cheney, CEO
Growth
£30.0M

BGF backs mobile identity specialist TMT ID in its first institutional funding round to support international growth.

"We are delighted to announce BGF’s investment in TMT ID. At a time when fraud and digital threats are escalating worldwide, the ability to verify users, detect risk, and protect customers has never been more critical. TMT ID’s mobile identity and number intelligence solutions deliver real-time insights that allow enterprises to build trust, prevent fraud and optimise decision-making."
— John Wilkinson, CEO