Funding

[Funding alert] Bethnal Green Ventures Secures First Close of Newest Tech Fund at £33M

Nov 29, 2023 | By Startup Rise EU

Bethnal Green Ventures secures first close of newest tech fund at £33M has been committed by investors including the British Business Bank (through its Enterprise Capital Funds programme), M&G Catalyst and Big Society Capital.

Bethnal Green Ventures secures first close of newest tech fund at £33M has been committed by investors including the British Business Bank (through its Enterprise Capital Funds programme), M&G Catalyst and Big Society Capital.

They will use the fund to back one hundred new ventures over the next four years through their Tech for Good Programme (apply here!). Each venture selected for the programme will receive a £60,000 investment for 7% equity.

Read also - Amsterdam-based Biotech Startup Cradle Secures $24M in Series A Round Funding

They have been at the forefront of supporting tech startups that address pressing global challenges for the past decade. They are super proud of their portfolio of companies who have consistently made a positive impact on society and the environment, demonstrating the incredible potential of technology to drive positive change as well as deliver returns to investors.

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They have backed 177 ventures and helped create the tech for good movement in the UK through a series of ‘firsts’ including becoming the first UK VC firm to certify as a B Corp in 2015.

Read also - Stockholm-based Lassie Secures €23 Million in Series B Round Funding

They have also had diversity and inclusion at the heart of their strategy. For the last three years BGV has been the top ranking UK firm for their efforts in diversity & inclusion in the global Inclusive PE & VC Index. This fund will be no different - they want to work with founders from all walks of life.

About Bethnal Green Ventures

The top early-stage VC firm in Europe for quality startups is Bethnal Green Ventures. They support visionary, diverse entrepreneurs who are using technology to large-scale social and environmental issues.

Read also - Hexa Secures €20M for Launching 30 Startups Annually by 2030

BGV has an unmatched track record of investing in and developing tech for successful companies, delivering both major and quantifiable impact as well as outstanding returns for investors.

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