
BGF Ventures
Description
BGF Ventures was initially established as the dedicated early-stage venture arm of BGF (Business Growth Fund), focusing on nascent technology companies across the UK and Ireland. While BGF Ventures as a distinct entity was later integrated back into the broader BGF operations, BGF continues its commitment to backing early-stage businesses with significant growth potential. This strategic shift means that BGF now directly manages these investments, leveraging its extensive network and resources to support promising startups.
Currently, BGF targets ambitious early-stage companies that demonstrate a strong market proposition and clear pathways to scaling. Their investment philosophy for this segment is to provide patient capital, often taking minority stakes to allow founders to retain control while benefiting from BGF's strategic guidance. Typical first cheque sizes for these early-stage investments range from approximately £1 million to £5 million, though BGF has the flexibility to deploy larger sums for companies exhibiting exceptional promise and requiring more substantial capital injections. This range translates to roughly $1.25 million to $6.25 million in US dollars, based on prevailing exchange rates.
BGF stands as a prominent and highly active growth capital investor in the UK and Ireland. Since its inception, the firm has deployed over £3 billion across more than 500 companies, solidifying its position as a key player in the regional investment landscape. With a widespread presence through 15 offices across the UK and Ireland, BGF offers not just capital but also local expertise and a robust network to its portfolio companies, aiding their development from early stages through to significant growth and potential exit.
Investor Profile
BGF Ventures has backed more than 50 startups, with 5 new investments in the last 12 months alone. The firm has led 32 rounds, about 64% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States, Ireland.
- Strong thematic focus on Health Care, Manufacturing, Renewable Energy.
- Led 2 rounds in the past year.
- Typical check size: $1.3M – $6.3M.
Stage Focus
- Series Unknown (22%)
- Series A (20%)
- Series B (20%)
- Seed (16%)
- Series C (8%)
- Post Ipo Equity (4%)
- Series F (4%)
- Angel (2%)
- Private Equity (2%)
- Series G (2%)
Country Focus
- United Kingdom (92%)
- United States (6%)
- Ireland (2%)
Industry Focus
- Health Care
- Manufacturing
- Renewable Energy
- Semiconductor
- Biotechnology
- Software
- Autonomous Vehicles
- Food And Beverage
- Information Technology
- Medical Device
Frequently Asked Questions
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