BGF, the UK’s most active growth capital investor, has pledged £1 billion to companies in London and the South East as part of its £3 billion UK-wide commitment to support high-potential businesses over the next five years.
Included in the £3 billion strategy is a £300 million commitment to female-powered businesses—one of the largest pledges of its kind. This follows BGF’s initial £25 million contribution to the Invest in Women Taskforce (IWT), which helped raise over £250 million in capital in 2023.
BGF’s backs diverse businesses across sectors such as technology, healthcare, business and professional services, life sciences and deep tech.
Since 2011, BGF’s portfolio companies across the UK have generated £7.1 billion in revenue growth, £1 billion in export growth, and created more than 27,000 jobs. Though 74% of BGF’s capital is invested outside London and the South East, its investment in the region remains a crucial component of its national strategy.
Alex Snodgrass, Partner, London, BGF, said: “London and the South East are home to world-leading entrepreneurs. This £1 billion commitment is a sign of our continued belief in the innovation and ambition that defines the region’s business community.”
The £3 billion pledge significantly increases BGF’s investment from £2.3 billion between 2020 and 2024, aimed at scaling companies that drive the UK economy.
