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Clydesdale Bank

Europe, Glasgow City, United Kingdom, Glasgow

Description

Clydesdale Bank, a prominent commercial bank within the Virgin Money UK PLC group, offers specialized growth finance solutions tailored for early-stage, high-growth businesses. Unlike traditional venture capital firms that primarily provide equity, Clydesdale Bank's approach focuses on innovative debt solutions. These facilities are designed to support companies with strong recurring revenues, significant intellectual property, or a clear path to rapid expansion, providing an alternative or complementary funding source to equity rounds.

The bank's Growth Finance team works closely with businesses to structure bespoke debt packages. These can include working capital facilities, acquisition finance, or funding for specific growth initiatives such as product development or market expansion. Their solutions are often flexible, allowing companies to leverage their assets and future revenue streams without diluting equity. Clydesdale Bank frequently collaborates with equity investors, providing debt alongside venture capital or private equity rounds to optimize a company's capital structure.

Typical first cheque sizes for their growth finance facilities range significantly, generally starting from approximately £1 million and extending up to £15 million for more established high-growth companies. This translates to a minimum check size of around $1,250,000 and a maximum of approximately $18,750,000, based on recent exchange rates. Clydesdale Bank's commitment to supporting the UK's dynamic high-growth ecosystem positions it as a key financial partner for innovative businesses seeking non-dilutive capital to fuel their expansion.

Investor Profile

Clydesdale Bank has backed more than 40 startups, with 1 new investments in the last 12 months alone. The firm has led 19 rounds, about 48% of its total and boasts 23 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Series Unknown, Post Ipo Debt rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States.
  • Strong thematic focus on Software, Information Technology, Manufacturing.
  • Typical check size: $1.3M – $18.8M.

Stage Focus

  • Debt Financing (75%)
  • Series Unknown (15%)
  • Post Ipo Debt (5%)
  • Post Ipo Equity (3%)
  • Series B (3%)

Country Focus

  • United Kingdom (88%)
  • United States (13%)

Industry Focus

  • Software
  • Information Technology
  • Manufacturing
  • Biotechnology
  • Saas
  • Health Care
  • Industrial
  • Oil And Gas
  • Robotics
  • Web Hosting
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Clydesdale Bank frequently co-invest with?

FB
North America, Virginia, United States, Abingdon
Co-Investments: 1
Magnesium Capital
Europe, England, United Kingdom, London
Co-Investments: 1
DAG Ventures
North America, California, United States, Palo Alto
Co-Investments: 1
BMO Global Asset Management
North America, Illinois, United States, Chicago
Co-Investments: 1
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 1
NatWest Bank
Europe, England, United Kingdom, London
Co-Investments: 1
Molten Ventures
Europe, England, United Kingdom, London
Co-Investments: 1
Cipio Partners
Europe, Bayern, Germany, Munich
Co-Investments: 1
Balderton Capital
Europe, England, United Kingdom, London
Co-Investments: 1
YB
Europe, Leeds, United Kingdom, Leeds
Co-Investments: 10

What are some of recent deals done by Clydesdale Bank?

iomart Group

Glasgow, Glasgow City, United Kingdom

Iomart Group is a secure cloud service provider.

Cloud ComputingCloud Data ServicesWeb Hosting
Post Ipo DebtJun 30, 2025
Amount Raised: $157,634,226
Bristow Group

Houston, Texas, United States

Bristow Group Inc. (Bristow Group) is a provider of helicopter services to the worldwide offshore energy industry

AerospaceInformation ServicesService Industry
Post Ipo DebtJan 24, 2024
Amount Raised: $69,948,836
Juniper Education

London, England, United Kingdom

Juniper Education is a provider of world-class pupil tracking software, training and professional services to the education sector.

EducationSoftware
Debt FinancingJan 11, 2021
Nano Interactive

London, England, United Kingdom

Nano Interactive combines live intent data with deep contextual analysis to deliver successful marketing campaigns for top brands

AdvertisingMarketing
Series UnknownApr 7, 2020
Amount Raised: $6,785,441
R&W Scott

Carluke, South Lanarkshire, United Kingdom

R&W Scott is the historic Scottish jam maker.

Food and Beverage
Debt FinancingNov 28, 2019
Amount Raised: $645,604
Cyberhawk

Livingston, West Lothian, United Kingdom

Cyberhawk provides aerial inspection and surveying by using Remotely Operated Aerial Vehicles (ROAV).

IndustrialOil and GasRobotics
Debt FinancingApr 5, 2019
Optimity

Shoreditch, Hackney, United Kingdom

Optimity is a dynamic technology service provider based in the heart of London.

Information TechnologyIT InfrastructureService Industry
Debt FinancingMar 7, 2019
Amount Raised: $3,272,637
Corero Network Security

Marlborough, Massachusetts, United States

CNS is dedicated to improving the security of the Internet through the deployment of its innovative of Defense® DDoS protection solutions.

Cyber SecurityInternetNational SecuritySecurity
Post Ipo EquityMay 3, 2018
Amount Raised: $4,071,623
HelloSoda

Manchester, Manchester, United Kingdom

HelloSoda is Designed To Predict Your Credit Rating And Potential For Fraud.

AnalyticsBig DataFinanceFinTechInformation Technology
Debt FinancingNov 1, 2017
Amount Raised: $1,988,483
Simplestream

London, England, United Kingdom

Simplestream is a leading London based provider of live streaming and live-to-VOD services to broadcast and media companies.

MobileVideoVideo Streaming
Debt FinancingOct 6, 2017
Amount Raised: $653,249