BGF is a prominent growth capital investor operating across the United Kingdom and Ireland, providing patient funding to small and mid-sized enterprises.
BGF has backed Lancashire logistics technology company fulfilmentcrowd with a £7.5m growth equity investment.
"We’ve extended our footprint considerably over the last 12 months and we’re well positioned to respond to the extraordinary levels of demand because our proprietary technology platform is able to scale and satisfy changing market dynamics."
The financing round was co-led by IQ Capital, Parkwalk Advisors and BGF to scale the company's product range and double headcount.
"This latest round of investment is a great recognition of our success to date, with new and existing investors confirming the strength of our technology. Since 2016, CGD has grown significantly and we are thrilled to be in a position to deliver several products to market, following decades of industry-leading research in reliability of power devices. This investment will allow us to supplement our experienced team with additional experts and expand our markets globally, creating more sustainable electronics worldwide."
BGF provided a follow-on investment of £4m to support further growth and strategic acquisitions.
"We have invested in building a market-leading technology that allows businesses to grow. This has underpinned our own growth to date, but"
BGF led the Series A round to support the agency as it expands into new international markets.
"Getting people’s attention and attracting customers remains the biggest challenge and cost for any brand. Our platform helps to provide a seamless and direct interaction between influencers and their audiences, in a highly scalable way."
BGF led the funding round with participation from NatWest to accelerate product innovation and sales expansion.
"We are delighted to work with Cirrus, and their new investor BGF, as their business scales up. Their strong technology product puts them in a great position to capitalise on the excellent growth prospects in front of them."
