Haatch has secured an additional £10 million investment from British Business Investments (BBI), bringing BBI’s total commitment to £20 million. This funding will further support pre-seed B2B SaaS startups across the UK, reinforcing Haatch’s position as a key backer of early-stage founders. The additional capital allows Haatch to extend its investment capabilities, providing increased funding to help startups accelerate their growth.

Doubling Down on Early-Stage Investment

BBI, a subsidiary of the British Business Bank, has increased its investment through its Regional Angels Programme, which focuses on enhancing access to early-stage capital for high-growth startups. By doubling its commitment, BBI enables Haatch to exceed the standard SEIS funding cap, offering an additional £85,000 on top of the usual £250,000 investment. This initiative strengthens the funding landscape for promising startups in the UK, particularly in underserved regions.

Strengthening a Proven Partnership

Since joining forces, Haatch and BBI have co-invested in 93 companies, including notable startups such as Aerocloud and Data Literacy Academy. Aerocloud successfully closed a $12 million Series A round, while Data Literacy Academy secured a seven-figure contract with Grant Thornton after receiving early backing. With over 120 companies in its portfolio and a collective valuation surpassing £900 million, Haatch continues to scale its impact in the startup ecosystem.

Industry Recognition and Market Leadership

Haatch has been recognized for its expertise, recently earning the title of “The Best Established (S)EIS Manager of Its Age” from independent research firm Hardman & Co. The additional investment from BBI further affirms Haatch’s strategy of identifying and scaling high-potential early-stage businesses. By enhancing capital accessibility, Haatch solidifies its leadership in the UK’s early-stage investment landscape.

Empowering Founders with Increased Capital

With this additional investment, Haatch now offers pre-seed SEIS B2B SaaS funding of up to £325,000, exceeding the standard £250,000 SEIS limit. This increase provides early-stage founders with more capital to drive growth, expand their teams, and extend their financial runway before seeking further funding. By prioritizing support at a crucial stage, Haatch helps startups build a strong foundation for long-term success.

Enhanced Opportunities for Investors

For investors, this expanded funding enhances Haatch’s ability to secure high-quality deal flow and strengthens its market position. BBI’s decision to double its commitment reflects confidence in Haatch’s investment strategy and long-term vision. This move underscores the firm’s ability to generate strong returns while fostering the UK’s next wave of innovative businesses.

Statements from Haatch and British Business Investments

Scott Weavers-Wright OBE, Co-founder and General Partner at Haatch, emphasized the significance of this renewed partnership. He stated that the increased commitment allows Haatch to continue supporting high-growth businesses across the UK and drive capital into underserved regions. He highlighted that over 70% of Haatch’s investments have been made outside London, reinforcing its commitment to regional growth.

Adam Kelly, Managing Director at British Business Investments, reiterated BBI’s dedication to improving access to early-stage finance. He noted that the Regional Angels Programme aims to address funding imbalances across the UK and ensure that more capital reaches promising startups. Kelly affirmed that this additional investment will enable Haatch to continue channeling funds into the UK’s Nations and Regions, fostering entrepreneurial success.

Haatch’s latest investment boost from British Business Investments marks a significant milestone in its mission to support UK startups. With increased funding capacity, enhanced investor confidence, and a strengthened market position, Haatch remains at the forefront of early-stage B2B SaaS investment. This expanded partnership ensures that promising founders receive the capital they need to thrive, driving innovation and economic growth across the UK.