BGF is a prominent growth capital investor operating across the United Kingdom and Ireland, providing patient funding to small and mid-sized enterprises.
The follow on investment from BGF will support international expansion and strategic mergers and acquisitions.
"We’ve experienced a period of good growth with BGF’s support and created strong foundations to accelerate our global expansion. With renewed backing, we’ll look at US acquisitions where we can partner with agile, independent companies to drive innovation and grow more rapidly as a combined entity. We were attracted to BGF because of its flexible model and ability to provide follow-on funding so we can capitalise on growth opportunities. We’re energised by this investment and have a number of live opportunities ready to put the capital to work."
"Having successfully scaled the business since its inception in 2016, it was a natural time to look ahead to the next phase of growth. With a wealth of experience in the technology market and a pedigree of supporting ambitious businesses on their scaleup journeys, BGF was a natural fit. We are also delighted to be working with Ben Marnham who has worked with a number of fast growth tech scaleups."
The funding round was led by Volta Energy Technologies with backing from CBMM, BGF, and Cambridge Enterprise Ventures.
"Our ambition is to deliver the best fast-charging batteries to unlock the electrification of heavy-duty vehicles. The investment from our partners Volta Energy Technologies, CBMM, BGF and Cambridge Enterprise Ventures cements our ambition to achieve full-scale commercialisation and full production volume."
The capital will support international expansion and recruitment as demand grows for the company grid stability technology.
"As we deliver more projects to support the global transition to Net Zero, this backing will empower us to deliver at scale, expand our commercial presence internationally, innovate further, and make a real contribution to a clean energy future."
The investment from BGF will support product development and team expansion at the human risk management platform.
"We’ve been scaling at real pace over the past few years. By combining relevant and interactive training with real-world phishing simulations and data-driven dashboards, we’re helping organisations identify, reduce and report on their human cyber risk, delivering real value to our clients"
