# Business Growth Fund

> Business Growth Fund is a VC fund backing Software and Manufacturing. See 422 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: London, United Kingdom
- Total investments: 422
- Last investment: Jul 2026
- Lead investor: 85%
- Fund size: $102M
- Last fund: Nov 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/1895032/
- X (Twitter): https://twitter.com/bgfventures?lang=en
- Website: https://www.bgf.co.uk
- Facebook: https://www.facebook.com/BGFVentures/

Business Growth Fund is an influential investor in small and mid-sized businesses. It was set up in 2011 to offer growing companies and ambitious entrepreneurs patient capital and strategic support.With 14 offices, they are close and relevant to the businesses they invest in. They have grown to a team of 150+ and a network that’s made up of oneof the largest pools of board-level executives. Collectively, the companies in their portfolio employ close to 50,000 people. They want to see more entrepreneurs using their capital not only to scale-up their own business but also, collectively, to drive economic activity and with it increase employment, exports, and growth.

## Contacts

5 contacts available for Business Growth Fund. Shizune tracks 35 team members at Business Growth Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/business-growth-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $3.9M–$21M |
| Venture - Series Unknown | $3.5M–$19M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 44 | 10% |
| Manufacturing | 33 | 8% |
| Information Technology | 31 | 7% |
| Health Care | 29 | 7% |
| Consulting | 19 | 5% |

272 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 83 | 20% |
| Venture - Series Unknown | 83 | 20% |
| Series A | 43 | 10% |
| Private Equity | 41 | 10% |
| Seed | 24 | 6% |

15 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 243 | 58% |
| Ireland | 13 | 3% |
| United States | 6 | 1% |
| Canada | 2 | 0% |
| Philippines | 2 | 0% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aoife McAdam | Investor | 1 | https://shizune.co/investors/profile/aoife-mcadam |
| James Austin | Investor | 6 | https://shizune.co/investors/profile/james-austin-2 |
| Michael Clarke | Investor | 6 | https://shizune.co/investors/profile/mike-clarke-2 |
| Alice Avis | Non-Executive Director | 1 | https://shizune.co/investors/profile/alice-avis |
| Bethany Shiers | Investor | 2 | https://shizune.co/investors/profile/bethany-shiers |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TidalSense | CRiL was formed in April 2013 specifically to develop innovative medical devices to diagnose and manage respiratory conditions. They have been building a platform technology, N-Tidal, based on the measurement and analysis of tidal breathing CO2 throughout the entire breath. | $19M | Venture - Series Unknown | Jul 24, 2026 |  |
| Black Cat Building Consultancy | Black Cat Building Consultancy offers project monitoring, construction design management, consultancy, and administration services. |  | Private Equity | Jul 22, 2026 |  |
| Black Cat Building Consultancy | Black Cat Building Consultancy offers project monitoring, construction design management, consultancy, and administration services. |  | Private Equity | Jul 22, 2026 |  |
| Mach42 | Machine Discovery is a University of Oxford spin-out commercializing new machine learning technology. We leverage proprietary neural network technology to accelerate expensive calculations — and we do it with minimal data and 99.9% fidelity. | $9.4M | Seed | Jul 21, 2026 |  |
| Urban Zoo Studios | Urban Zoo is a sports technology company with extensive design and development experience in mobile, web, e-commerce and fan engagement. | $27.1M | Private Equity | Jul 15, 2026 |  |
| Luffy AI | Luffy AI uses Adaptive Intelligence to evolve robotic control systems. | $10.8M | Series A | Jul 07, 2026 |  |
| TRIMTECH Therapeutics | TRIMTECH Therapeutics is a biotech organization that treats neurodegenerative illnesses by using targeted protein degradation (TPD). | $14M | Seed | Jun 23, 2026 |  |
| CroíValve | CroíValve is a developed a safe, effective, easy to use, percutaneous solution for treating all patients with severe Tricuspid Regurgitation | $20M | Series B | Jun 23, 2026 |  |
| Wild Frontiers | Wild Frontiers is an award-winning adventure travel company specialise in stylish and original small group tours and tailor-made holidays worldwide. |  | Private Equity | Jun 18, 2026 |  |
| The Wind Academy | The Wind Academy is an offshore wind training provider. | $57.5K | Grant | May 07, 2026 |  |

10 of 422 investments shown.

## Co-investors
- [Parkwalk Advisors](https://shizune.co/investors/profile/parkwalk-advisors) — VC Fund, 16 deals together
- [Octopus Ventures](https://shizune.co/investors/profile/octopus-ventures) — VC Fund, 13 deals together
- [Downing Ventures](https://shizune.co/investors/profile/downing-ventures) — VC Fund, 10 deals together
- [Foresight Group](https://shizune.co/investors/profile/foresight-group) — VC Fund, 7 deals together
- [Barclays Corporate Banking](https://shizune.co/investors/profile/barclays-plc) — VC Fund, 6 deals together
- [Cambridge Innovation Capital](https://shizune.co/investors/profile/cambridge-innovation-capital) — VC Fund, 6 deals together

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## FAQ

### What does Business Growth Fund invest in?

Business Growth Fund invests primarily in Software, Manufacturing and Information Technology startups, most often at Funding Round and Venture - Series Unknown stage. Most of the 422 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Business Growth Fund's check size?

Business Growth Fund typically joins rounds of $3.9M–$21M at Series A and $3.5M–$19M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Business Growth Fund participates in.

### How do I contact Business Growth Fund?

Public channels for Business Growth Fund include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Business Growth Fund?

The team at Business Growth Fund includes Aoife McAdam (Investor), James Austin (Investor) and Michael Clarke (Investor), among 35 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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