Zinc Capital Management

Investor: British Business Bank

British Business Bank has committed up to £46 million to Zinc Capital Management's second institutional fund, the Science-for-Impact Fund, supporting UK DeepTech innovation.Summary of transaction details:Value: £46 millionSector: DeepTech & AIAdvisor: None DisclosedKey Entities: Zinc Capital Management, British Business BankLocation: United KingdomNote: The commitment from the Enterprise Capital Funds programme anchors Zinc's targeted £70 million fund to build and support a portfolio of 80 new early-stage DeepTech startups focused on health and environmental impact.