Summary
The British Business Bank has announced a significant £50 million commitment to Longwall Ventures’ Fund 4, a fund specifically designed to target early-stage deep tech companies in the UK.
Summary of transaction details:
- Value: £50,000,000
- Sector: Business Services (Venture Capital)
- Advisor: None mentioned
- Key Entities: Longwall Ventures (Fund 4) (Recipient), British Business Bank (Investor)
- Location: UK-focused fund
Note: This commitment, made through the British Business Bank’s Enterprise Capital Funds programme, aims to increase the availability of scale-up finance for high-growth early-stage companies, fostering innovation across key sectors like advanced manufacturing, clean energy, defence, and life sciences.
Lead Investor / Acquirer
British Business Bank
Advising Broker
Undisclosed Firm
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Original Source
View the original press release or news article describing this transaction in full.
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