BGF is a prominent growth capital investor operating across the United Kingdom and Ireland, providing patient funding to small and mid-sized enterprises.
BGF led the Series A investment to fund technology development and scale operations.
"Adam and Amabel are a powerful combination and Bloom is a unique asset, which has access to a large market and the potential to rapidly scale. This is a business offering a best-in-class solution, delivering results for its users and driving social value throughout the supply chain. We’re looking forward to working with the team to achieve our shared ambitions for Bloom."
The follow-on investment was led by BGF to fund international expansion and job creation.
"Since our inception, there’s been a pressing need for digital skills to become foundational to every organisation, regardless of sector or size. Now, as Covid-19 persists, we believe even more deeply that every business is now a digital business — with software and data at its core, powered by talent at the heart. I’m excited for AND Digital’s next chapter, powered by BGF; now, we can make essential investments that will fuel our growth further, enabling countless more companies to scale and grow in bold new ways."
The financing round was led by BGF with participation from new and existing backers to support clinical development.
"We are thrilled to include this exceptional group of investors in PhoreMost’s Series B funding round. We are grateful for the continued support of existing investors and are delighted to welcome BGF, alongside strategic investors XtalPi with whom we have a highly valued ongoing research collaboration, and Astellas Venture Management."
BGF has led a £10.5m growth equity investment into cybersecurity provider e2e-assure.
"We were looking for an investment partner to help us scale and ran an exhaustive selection process to find the right partner to achieve an outcome that fitted with e2e-assure’s culture and customers. BGF was the right choice at the right time for our business. Their expertise in the field of technology and their connections to international markets such as Australia will be key to unlocking growth. We look forward to working with the team to help shape our go to market strategy and bring e2e-assure’s unique offering to more customers than ever before."
BGF has backed the energy analytics provider in a multi-million-pound transaction.
"The funding from BGF is a huge step forward in scaling the business, allowing us to meet our goal of empowering businesses to hit "net zero" emissions through clearer and more timely data and insights. BGF’s expertise in the field of cleantech and its commitment to sustainable investments made it the natural partner to facilitate our growth plans."
