British Business Bank Backs Revaia with €20m Investment

Deal News | Apr 02, 2025 | British Business Bank Investments Ltd

The British Business Bank, the UK's largest domestic venture investor, has committed €20 million to Revaia Growth II, the second fund by Revaia, a European growth investor. Focused on high-growth tech scale-ups, Revaia emphasizes sustainable innovation and works with mission-driven entrepreneurs to globally scale companies to IPO or buyout. Apart from funding, Revaia offers hands-on and ESG support. The British Business Bank's involvement aligns with its strategic goals, including fostering female-led fund managers and expanding funding access to female entrepreneurs. The syndicate supporting Revaia includes global investors like Bpifrance, EIF, BNP Paribas Cardif, and JP Morgan. The investment also aids Revaia's expansion in the UK, establishing a permanent presence. This move supports the Bank’s aim to build a modern, green economy, while also backing female entrepreneurship through initiatives like the Investing in Women Code.

Sectors

  • Venture Capital and Private Equity
  • Technology
  • Sustainability

Geography

  • United Kingdom – British Business Bank is a UK entity making investments to aid domestic innovations and expansion, particularly in creating green economic conditions.
  • Europe – Revaia is a European growth investor targeting tech scale-ups across Europe, indicative of cross-border investment activities.

Industry

  • Venture Capital and Private Equity – The article discusses investments in a growth fund by the British Business Bank, emphasizing venture capital and private equity activities focusing on high-growth technology companies.
  • Technology – Revaia invests in tech scale-ups, emphasizing their role in sectors like energy transition and AI for insurance, highlighting the focus on technology-driven growth.
  • Sustainability – Both the British Business Bank and Revaia focus on sustainable innovation, aligning with a consistent theme of supporting the modern, green economy.

Financials

  • €20 million – The commitment amount from the British Business Bank to Revaia Growth II.

Participants

NameRoleTypeDescription
British Business BankInvestorCompanyThe UK’s largest domestic venture investor committing €20m to Revaia Growth II to advance its strategic and sustainable goals.
Revaia Growth IITarget FundCompanyA growth fund focused on high-growth tech scale-ups across Europe, emphasizing sustainability and global expansion support.
BpifranceInvestorCompanyA global investment syndicate member supporting Revaia Growth II.
European Investment Fund (EIF)InvestorCompanyA key syndicate partner investing in Revaia Growth II.
BNP Paribas CardifInvestorCompanyPart of the investment syndicate backing Revaia Growth II.
JP MorganInvestorCompanyA member of the syndicate investing in Revaia Growth II.
Alice AlbizzatiFounding PartnerPersonA founding partner of Revaia, involved in managing the fund and supporting diverse and sustainable investments.
Elina BerrebiFounding PartnerPersonA founding partner of Revaia, steering the firm's mission-driven investments and expansion strategies.