British Business Bank commits up to £46M to Zinc’s new deeptech fund
The British Business Bank has agreed to commit up to £46 million to Zinc Capital Management's second institutional fund, the Science-for-Impact Fund, helping to accelerate the creation and growth of i...
The British Business Bank has pledged up to £46 million to Zinc Capital Management's Science-for-Impact Fund, a new deeptech investment vehicle. This commitment, made through the Enterprise Capital Funds programme, will bolster Zinc's strategy to back early-stage UK deep tech startups tackling critical health and environmental issues.
The Science-for-Impact Fund aims to secure a £70 million size and assemble a portfolio of 80 deep tech companies. Zinc, a specialist early-stage investor and venture builder, will utilize its hands-on approach, combining capital, expertise, and support for founders, to help these high-potential startups evolve into investment-ready businesses.
The investment aligns with the UK government's Industrial Strategy priorities in advanced manufacturing, clean energy, life sciences, engineering, biology, and AI.
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