SFC Capital, one of the UK’s most active seed-stage investors, has received a further £5 million commitment from British Business Investments to invest into innovative early-stage businesses across the UK regions.
This new commitment – part of its Regional Angels Programme, designed to reduce regional imbalances in access to early-stage equity finance for smaller businesses across the UK – follows an initial £10 million commitment from British Business Investments made in 2020, which is now fully deployed.
The commitment is managed by SFC Capital and invested alongside its SEIS and EIS funds as well as the SFC Angel Network. In total, SFC expects to fund 200 early-stage businesses across the UK through British Business Investment’s commitment, delivering a total of £60 million in new funding for startup and scaleup businesses across all sectors.
