Summary
The British Business Bank has agreed to commit £100m to Apposite Healthcare Growth I, a fund focused on investing in health technology companies primarily in the UK.
Summary of transaction details:
- Value: £100m
- Sector: Healthcare & Biotech
- Advisor: Not disclosed
- Key Entities: British Business Bank, Apposite Healthcare Growth I
- Location: UK
Note: This investment marks the British Business Bank's largest fund commitment to date, aiming to support the growth of health technology companies in the UK and address the shortage of scale-up capital for life sciences companies.
Lead Investor / Acquirer
British Business Bank
Advising Broker
Undisclosed Firm
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Original Source
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