British Business Bank Commits up to £50m to Longwall Ventures Deeptech Fund

British Business Bank backs Longwall Fund 4

The British Business Bank has announced a cornerstone commitment of up to £50m to Longwall Venture Partners LLP’s (Longwall) latest fund, Longwall 4, to support start up and early-stage deeptech companies. The commitment is made through the Bank’s Enterprise Capital Funds programme. The Bank has previously made commitments to Longwall, backing its Oxford Technology ECF LP (2008), Longwall Ventures ECF LP (2012) and Longwall Ventures 3 ECF LP (20…

Longwall Ventures' Fund 4 receives new £50m commitment

The British Business Bank has announced a new £50m commitment to Longwall Ventures’ Fund 4, which targets early-stage deep tech companies. Made through the British Business Bank’s Enterprise Capital Funds programme, the commitment follows previous support it has made with three previous funds at Longwall. “The Enterprise Capital Funds programme plays a crucial role in helping early-stage funds raise capital with a cornerstone investment, increas…

British Business Bank commits up to £50m to Longwall Ventures deeptech fund

The commitment to Longwall 4 has been made through the Bank’s Enterprise Capital Funds programme and marks the fourth Longwall fund backed by the British Business Bank since 2008.

‘A shot in the arm for UK tech’: British Business Bank anchors Longwall’s £100M deeptech fund with £50M

The British Business Bank has committed £50 million to Longwall Venture Partners’ fresh £100 million fund. It marks British Business Bank’s fourth commitment to the firm. Longwall’s exits include OrganOx, which generated 19.2x return on investment when it was sold for over $1.5 billion, including for British Business Bank. The British Business Bank has anchored Longwall Venture Partners’ latest vehicle, Longwall 4, with £50 million.  The corners…