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Business News in County Durham

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Fintech firm Growth Capital Ventures manages £57.5m fund to help businesses across the North

Fintech firm Growth Capital Ventures manages £57.5m fund to help businesses across the North

North East fintech firm Growth Capital Ventures is set to help ambitious businesses access capital to grow from a £57.5m investment fund.

Growth Capital Ventures (GVC) recently secured a £1.1m investment from Maven Capital Partners, one of the UK’s leading private equity firms, which has helped it grow its workforce.

Now GCV is working closely with Maven to help other high growth businesses access capital to grow in a partnership which shines a light on the importance of co-investment.

Based in Newton Aycliffe, County Durham, GCV helps businesses raise between £150,000 and £5m to support growth and expansion and following the Investment from Maven, GCV is expanding, taking on 12 new staff members.

The company has a growing network of retail, professional and institutional investors that are keen to co-invest through its GrowthFunders platform and back the next generation of great UK businesses.

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Commercial Property In County Durham

See map below for Business Durham’s commercial properties.