British Patient Capital approves €25m commitment

The UK government-backed investor has committed to a technology focused venture capital fund.

Institution: British Patient Capital
Headquarters: Sheffield, UK
AUM: £5.8 billion

British Patient Capital, a subsidiary of British Business Bank, has committed €25 million to Nauta Tech Invest V, according to a statement from the firm. This is the third investment BPC has made to London-based venture firm Nauta Capital, alongside commitments to Nauta Tech Invest IV and a sidecar vehicle.

Fund V closed today raising €190 million, exceeding its €150 million target. The fund will invest into late seed and Series A companies in the TMT sector, particularly fintech and retailtech.

As shown below, British Patient Capital tends to focus its private equity fund commitments on venture capital and growth equity vehicles globally.

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