Success Stories

Learn how other UK businesses have used external finance to reach their ambition

Here’s just some of the tens of thousands of smaller businesses funded through our partners, with the support of British Business Bank’s programmes.

Growth Guarantee Scheme

Câr-y-Môr

Câr-y-Môr is the first community-owned regenerative ocean farm in Wales. With a diverse membership of over 300 individuals from various backgrounds, Câr-y-Môr has become a shining example of community-driven sustainability and innovation.

Read the success story about Câr-y-Môr
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Northern Powerhouse Investment Fund II

Audiebant

A Lancashire communications tech business raised a seven-figure investment from the Northern Powerhouse Investment Fund II (NPIF II).

FinTech

Frontier Space

Frontier Space, a trailblazer in commercial microgravity research and in-space bio-manufacturing, secured a £75,000 loan facility from Sprk Capital to improve cashflow while delivering on a high-profile UK Space Agency project. The funding, backed by the British Business Bank, allowed the business to maintain momentum on its ground-breaking autonomous laboratory platform, culminating in the successful launch of its SpaceLab Mark 1 demonstrator aboard SpaceX’s Bandwagon-3 mission.

Enterprise Capital Funds

Firenze

David Newman is Founder and CEO of Firenze, a Manchester-based fintech on a mission to democratise access to Lombard lending - an investment-backed credit product traditionally reserved for high-net-worth individuals, backed by Outward VC through the British Business Bank’s Enterprise Capital Funds (ECF) programme.

Northern Powerhouse Investment Fund II

Candid Hospitality

The entrepreneurs behind two of the UK’s most successful hospitality tech businesses have joined forces to launch a new venture that aims to reshape hospitality recruitment.

Growth Guarantee Scheme

Trustist

Founded in 2014 and based in Bootham, York, Trustist is an innovative digital reviews platform helping businesses maximise the impact of their online reputation. With a £250,000 loan through the Growth Guarantee Scheme, Trustist is scaling up its technology, marketing, and team, and redefining how businesses use customer feedback to grow.

Northern Powerhouse Investment Fund II

SCI Semiconductor

A UK start-up that aims to win the race to develop the world’s first ‘memory safe’ computer chip has raised £2.5m in a funding round led by Mercia Ventures.

Northern Powerhouse Investment Fund II

Envoke

A UK company whose simulation software enables medical staff to train to use laboratory equipment and troubleshoot problems has raised a further £1m.

Northern Powerhouse Investment Fund

Airship & Toggle

In this video, Dan Brookman, CEO & Co-Founder of Airship & Toggle, talks about raising equity finance from the first Northern Powerhouse Investment Fund and how the investment allowed them to exit the business.

Investment Fund for Scotland

Podfather

Cloud-based logistics software business Podfather received a £3.4 million investment to support their ambitious growth strategy.

Investment Fund for Scotland

Sky-Pin Drones

Melrose-based entrepreneur offers advanced crop spraying services using state-of the-art supersized drone following funding from the Investment Fund for Scotland.

Investment Fund for Wales

SudoCyber

Cyber security software business SudoCyber received a £1m equity investment from the Investment Fund for Wales through appointed fund managers Foresight.

Investment Fund for Northern Ireland

Needi

Armagh based, female founded, tech start-up Needi received funding of £450,000 from the Investment Fund for Northern Ireland’s equity arm.

Northern Powerhouse Investment Fund II

Power Roll

Based in Murton, Power Roll, a pioneer in the solar energy transition, has raised £4.3 million in its most recent funding round, including £1.5 million from NPIF II – Maven Equity Finance, which is managed by Maven Capital Partners as part of the Northern Powerhouse Investment Fund II.

Northern Powerhouse Investment Fund II

Cytix

A growing cybersecurity company has raised £1.6m to expand its client base and scale its operations as demand grows for support managing tech defences.

Investment Fund for Northern Ireland

INQDATA

Data solutions company INQDATA received £750,000 in equity investment from the Investment Fund for Northern Ireland in a deal led by Clarendon Fund Managers.

Enterprise Capital Funds

OrganOx

OrganOx is at the forefront of changing the way donor organs are preserved in the critical time between donation and transplantation. OrganOx accessed venture capital via the Enterprise Capital Funds (ECF) programme, which it used to fund the clinical studies to secure market approval for its product, a complex class III medical device.

Midlands Engine Investment Fund II

True Position Robotics

Nottingham-based True Position Robotics (TPR) raises £1 million equity investment. The equity investment received through the Midlands Engine Investment Fund II and managed by Mercia Ventures will enable the business to scale up operations and continue its research and development.

Managed Funds Programme

Yoto

Started in 2017, Yoto is an interactive audio player platform for kids. With big growth ambitions, it sought finance to scale its products, processes and systems and allow Yoto to expand internationally and to hire a world-class team.