About Adam Kelly

Today, the British Business Bank announces an increased commitment to Beach Point Capital UK’s dedicated UK SME lending fund, taking the Bank’s total commitment to £50m. The increased commitment will provide additional lending capacity, supporting smaller businesses with growth ambitions across the UK. The British Business Bank previously backed the fund in July 2022.

Avellinia Capital (“AvCap”), a private credit investment firm specialising in asset-based financing and capital solutions, announced today a new partnership with British Business Bank aimed at bolstering funding for UK FinTech lenders and asset originators. Through this collaboration, hundreds of UK smaller businesses are expected to benefit from increased access to finance and a higher supply of working capital. The first recipient of this dedicated funding under the partnership will be Triver, a FinTech lender focused on offering flexible finance options to smaller businesses.

The British Business Bank has committed £7 million to a new platform enabling it to invest alongside five of the UK’s promising and emerging angel syndicates. The platform will be managed by Haatch, an existing partner of the Bank.

Twin Path Ventures, the UK’s leading and only dedicated pre-seed investor in AI-first startups, has […]