Redrice Ventures

Investor: British Business Bank

The British Business Bank has committed up to £45m to Redrice Ventures’ £75m Fund II, aiming to strengthen early-stage investment across the UK’s creative industries. Summary of transaction details: Value: £45m Sector: Consumer Goods Advisor: Not disclosed Key Entities: Redrice Ventures, British Business Bank Location: UK Note: This investment is expected to have a positive impact on the UK’s creative industries, which are a significant contributor to the UK economy, and will enable Redrice Ventures to back premium, purpose-driven consumer brands and related B2B technology.