California Here We Come: Backing Kooth's US Expansion
We were thrilled to announce our?£3m investment into Kooth plc, as part of?the healthtech company's oversubscribed £10m funding round.
Kooth?provides digital mental health services to children and young people, recently securing?a transformative $188m contract with the California Department of Health Care Services, to give all 13-25 year olds living?in the State?access to its online platform.
Having made big strides in the UK and US in recent years, and with purpose at its core,?we're very excited to be supporting Kooth on its global growth journey.
September also saw us invest £8.25m into Leeds-based healthcare specialist Primary Care Physio?and £4.5m into Edinburgh-headquartered technology services business Stellar Omada. Meanwhile, we co-led Machine Discovery's?£4.5m funding round, enabling?the University of Oxford spinout to drive commercial adoption of its AI technology.
Explore all our latest deals here?or read on for more updates and insights?from across the BGF portfolio.
A family, not a chain
"You get to a certain size, and that either finishes you off or it gives you the encouragement to keep going."
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Strategic acquisitions, site rollouts & spacetech
It's been a busy month of acquisitions for our portfolio.?Hydrock acquired Warrington-based 3T Safety Consultants, as part of plans to expand its nuclear consultancy team, while?Scottish Dental Care?made?its 20th acquisition, adding Port Glasgow's Belhaven Dental to the group's growing roster of businesses.
Coffee shop brand?Bob & Berts?has also opened its latest store in Wakefield, while?Open Cosmos secured £40m in fresh funding to support the development of?its climate-focused satellite technology.
Soul-searching for?Solid Solutions
"Starting?this business, I wanted to shape something. Build something...People thought we were crazy."
Looking for long-term, flexible funding?
We've already provided minority investment?to 550+ businesses across the UK and Ireland. Yours could be next.?