British Business Bank programme: VC Catalyst Fund
Frog Capital is a London-based European investment firm, specialising in growth capital for technology-driven businesses. With a highly focused and selective approach, Frog leads or partners on investments of up to €20m to back ambitious teams that are scaling high-growth businesses with proven models.
Having had three successful exits from its Frog Capital I fund, Frog Capital has raised Frog Capital II from a mix of 14 institutional and family office investors.
On 17 May 2016, British Business Bank Investments Ltd, the commercial arm of the British Business Bank, announced that its Venture Capital Catalyst Fund has invested €9m in Frog Capital II, a €90m European Growth Capital Fund.
The Fund will invest in up to eight ambitious high-growth technology businesses across the UK and Europe. It builds on Frog Capital’s existing portfolio, which includes Azimo, a leading London-based digital money remittance business, and Skimlinks, a fast growing London-based digital content marketing and data business.