29th January 2021
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British Business Investments, a commercial subsidiary of the British Business Bank, has announced a £10m commitment to Cambridge-based venture capitalist Syndicate Room. The £10m commitment from British Business Investments’ Regional Angels Programme will be invested by Syndicate Room, which is one of the most active early stage investors in the UK. Over the five-year investment period, Syndicate Room plans to target a minimum of 250 investments, supporting the Regional Angels Programme’s objective to address regional imbalances and diversify the availability of angel finance.
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