British Growth Fund (BGF) — a £2.5 billion investment company that backs businesses across the UK — decided to allocate £200 million to an early stage venture capital (VC) fund almost exactly a year ago to the day.
Twelve months down the line, and that VC pot (BGF Ventures) has been put to use on no less than nine occasions, backing the likes of food delivery startup Gousto, NHS doctor provider Network Locum, and children's craft supplier toucanBox along the way.
Image: BGF Ventures cofounders Rory Stirling (left), Simon Calver (centre), and Harry Briggs (right). BGF Ventures
