Venture • Renewable Energy

BGF Invests In Cheesecake Energy

On August 2, 2022, growth capital firm BGF invested in renewable energy company Cheesecake Energy

Investment Context
  • This is BGF’s 4th transaction in the Renewable Energy sector.
  • This is BGF’s 297th transaction in the United Kingdom.

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Investment Summary

Date August 2, 2022
Target Cheesecake Energy
Sector Renewable Energy
Investor(s) BGF
Deal Type Venture

Target Company

Cheesecake Energy

Nottingham, United Kingdom
Cheesecake Energy is developing advanced thermal and compressed air energy systems to store energy from intermittent renewables, turning them into reliable power on-demand. Cheesecake Energy was founded in 2016 and is based in Nottingham, United Kingdom.
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Investor Overview 1

Investor

BGF

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2011
PE ASSETS 2.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Business Growth Fund (BGF) is a private investment firm focused on early and growth-stage investing across the UK. The Firm also invests in publicly traded companies. BGF's growth team looks to invest £1 to £15 million in small to mid-sized companies looking for additional capital to pursue growth. BGF was established in 2011 and is headquartered in London.


Deal Context for Investor #
Overall 316 of 370
Sector: Renewable Energy 4 of 6
Type: Venture 32 of 35
Country: United Kingdom 297 of 345
Year: 2022 23 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Rutland Cycling

Rutland, United Kingdom

Rutland Cycling sells bikes, cycling clothes, and accessories online and in its shops. The company also runs rides and events throughout the year and provides services such as bike workshops and hire, custom builds, and trade-in schemes. Rutland Cycling was founded in 1981 and is based in Rutland, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Optima Partners

Edinburgh, United Kingdom

Optima Partners is a data science and transformation consultancy that offers design-led customer and digital transformation services, using machine learning to identify opportunities to improve the efficiency and effectiveness of customer engagement, marketing, and servicing to maximize client return on investment. Its advanced data science team provides solutions and services to clients across the customer, carbon, and health sectors. Optima Partners was founded in 2013 and is based in Edinburgh, United Kingdom.

Buy -