SFC Capital to support 100 more British companies with €11 million commitment

British early-stage investment firm SFC Capital has received an additional €11 million (£10 million) from the British Business Bank under the Regional Angels Programme, extending the Bank’s total commitment to €41 million (£35 million).

The Regional Angels Programme is designed to reduce regional imbalances in access to early-stage equity finance. Following previous commitments of €29 million (£25 million) across three tranches, today marks the fourth tranche of funding by the British Business Bank.

Joseph Zipfel, Chief Investment Officer at SFC Capital, says: “We are delighted that British Business Bank has extended our Regional Angels Programme allocation by a further £10 million. With £25 million already deployed, we have proven that our model works: backing high-potential British innovation across the country, across sectors, and alongside exceptional angel investors.

“The results to date have been very strong, with realised exits and unrealised returns well ahead of average UK VC benchmarks, demonstrating both the depth of the UK’s entrepreneurial ecosystem and the strength of our nationwide approach.”

SFC Capital’s additional commitment forms part of a wider expansion in European early-stage investment capacity during 2026.

EU-Startups has seen approximately €703.4 million across seven comparable fund closes and institutional commitments, including €11.5 million for London-based Ascension Ventures through the same Regional Angels Programme, as well as new funds from the UK’s Tapestry VC, Seedcamp, Lansdowne Partners, Passion Capital and Transition Ventures.

Including SFC’s latest tranche, these announcements represent approximately €714.4 million in disclosed capital.

EU-Startups previously covered SFC Capital’s €11.9 million Regional Angels Programme commitment in 2025, while the British Business Bank has also appeared in several 2026 reports concerning UK venture-funds and regional-finance initiatives.

Mark Barry, Senior Director at the British Business Bank, adds: “This further commitment from the Bank, which takes our total commitment to SFC to £35 million via our Regional Angels Programme, will be put to work to address imbalances in access to early-stage finance across the UK. This will allow SFC Capital to build on its track record of supporting high growth-potential businesses across the UK.”

Founded in 2012, SFC Capital (formerly Startup Funding Club) is an early-stage investment firm providing capital and support to British startups. The combination of their Angel Network and Seed Funds allows investors to be exposed to SEIS- and EIS-qualifying businesses.

To date, the firm has invested in companies such as Onfido, Cognism, and Transcend Packaging.

The SFC Capital team has deployed all previous commitments in full and the combined capital has funded more than 260 early-stage businesses across the UK, investing alongside SFC’s SEIS and EIS funds as well as the SFC Angel Network.

Investments made through the Regional Angels Programme have generated encouraging returns and a number of successful exits: early cohorts from 2020 to 2022 are posting a total value to paid-in multiple of 2x, including several successful exits.

Peopleforce, an HR software business acquired by a European recruitment technology company, returned more than five times the original investment. Ryft, a payments platform, recently delivered a partial secondary exit of up to 6.2x for early investors.

This new €11 million (£10 million) is expected to fund a further 100 companies, taking SFC’s total Regional Angels Programme impact to more than 350 early-stage businesses.

According to the firm, more than half of SFC’s investments are made outside London and more than 600 portfolio companies and over €210 million (£180 million) under management.