British Patient Capital backs UK start ups

The latest investments form part of the venture capital firm’s co-investment strategy

British Patient Capital acquired first direct stakes in a series on UK start-up businesses, in areas including medical technology, data analytics and banking software.

The venture capital arm of the state-owned British Business Bank has a £2.5bn budget and has invested in three businesses to date, according to reports in the Financial Times. The largest is a £7m...