British Business Bank

Activity from announced rounds

Activity in this selectionSeries C+

British Business Bank is the UK’s economic development bank, supporting business access to finance through investment programmes, funds and financing partners.

Its Future Fund: Breakthrough programme, delivered by British Patient Capital, co-invests with private investors in later-stage, R&D-intensive UK companies. It targets technologies such as quantum computing, cleantech and life sciences, where development requires substantial capital.

Applications to that programme come from a qualifying sponsor investor, rather than directly from the company. The published criteria require a round of at least £30 million, with the programme contributing no more than 30% on the sponsor investor’s terms.

Sources
Rounds participated in
7
Confirmed lead rounds
1
5 roles undisclosed
New companies
7
First participation on record · 0 follow-on
Funding in participating rounds
$2.5B
6 disclosed · full round size, not this investor’s share

By stage

Series C+7

By primary sector

Biotech3
Hardware2
AI1
Fintech1

By country

United Kingdom7

Rounds

7 in this selection
Microbiotica

Microbiotica develops oral medicines made from selected live bacteria for inflammatory diseases and cancer treatment.

£36MSeries C first close
Lead
OMass Therapeutics

OMass Therapeutics develops small-molecule medicines for endocrine and immune diseases using a platform that measures drug targets in their biological surroundings.

$310MSeries C
Participant
Oxford Quantum Circuits

Develops superconducting quantum computers delivered via cloud for financial services, defence, and research customers

£260MSeries C
Role not disclosed
Elliptic

Provides on-chain analytics for digital assets

$120MSeries D
Role not disclosed
Quantum Motion

Builds utility-scale quantum computers using industry-standard silicon transistors

$160MSeries C
Role not disclosed
Wayve

Provides end-to-end AI platform for autonomous driving licensed to automakers and mobility platforms

$1.5BSeries D
Role not disclosed
Nuclera

Provides rapid access to functional proteins through benchtop eProtein Discovery System

$12MSeries C+
Role not disclosed