{"id":690,"date":"2026-07-29T17:21:18","date_gmt":"2026-07-29T17:21:18","guid":{"rendered":"http:\/\/sawconcepts.com\/?p=690"},"modified":"2026-07-30T16:06:39","modified_gmt":"2026-07-30T16:06:39","slug":"british-business-bank-puts-10m-into-edinburgh-based-odyssey-ventures","status":"publish","type":"post","link":"http:\/\/sawconcepts.com\/index.php\/2026\/07\/29\/british-business-bank-puts-10m-into-edinburgh-based-odyssey-ventures\/","title":{"rendered":"British Business Bank puts \u00a310m into Edinburgh-based Odyssey Ventures"},"content":{"rendered":"<p><a href=\"https:\/\/highgrowth.scot\/british-business-bank-puts-10m-into-edinburgh-based-odyssey-ventures\/\" title=\"British Business Bank puts \u00a310m into Edinburgh-based Odyssey Ventures\" rel=\"nofollow\"><img loading=\"lazy\" width=\"768\" height=\"512\" src=\"http:\/\/sawconcepts.com\/wp-content\/uploads\/2026\/07\/etienne-martin-2_K82gx9Uk8-unsplash-768x512-1.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"margin: auto;margin-bottom: 24px;max-width: 100%\" \/><\/a><\/p>\n<p class=\"wp-block-paragraph\">The British Business Bank has committed \u00a310m to Edinburgh-headquartered Odyssey Ventures as a cornerstone investor in the firm&#8217;s new seed and pre-seed fund, Odyssey Discovery I. The commitment forms part of the Bank&#8217;s Nations and Regions Investment Programme, which allocates capital to fund managers outside London.<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.baba-int.com\/2026\/07\/uk-ai-and-deeptech-startup-funding.html\"><\/a><\/p>\n<p class=\"wp-block-paragraph\">Odyssey Discovery I is a roughly \u00a339m ($50m) fund focused on applied AI and automation, energy technology and human and planetary health. The vehicle targets 20 to 30 UK-based startups over three years, writing seed and pre-seed cheques of \u00a3250,000 to \u00a31.5m. The British Business Bank&#8217;s \u00a310m represents about a 25% anchor stake in the fund.<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.baba-int.com\/2026\/07\/uk-ai-and-deeptech-startup-funding.html\"><\/a><\/p>\n<p class=\"wp-block-paragraph\">For Scotland, the commercial read-through is direct: Odyssey&#8217;s Edinburgh base means the fund manager qualifies under the Bank&#8217;s regional programme, and its focus areas map on to concentrations of activity in Scottish AI, energy technology and life sciences. The commitment adds institutional pre-seed and seed capacity in the market at a point when Scottish start-up investment reached more than \u00a3210m in the first five months of 2026.<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/business-cnct.com\/vision-or-a-glass-ceiling-scotlands-entrepreneurial-question-in-2026\/\"><\/a><\/p>\n<p class=\"wp-block-paragraph\">The wider British Business Bank programme has committed to more than 20 funds since 2023, deploying over \u00a3400m in total, with a further \u00a3150m allocated for the 2026-27 financial year.<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.baba-int.com\/2026\/07\/uk-ai-and-deeptech-startup-funding.html\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British Business Bank has committed \u00a310m to Edinburgh-headquartered Odyssey Ventures as a cornerstone investor in the firm&#8217;s new seed and pre-seed fund, Odyssey Discovery I. The commitment forms part of the Bank&#8217;s Nations and Regions Investment Programme, which allocates capital to fund managers outside London. Odyssey Discovery I is a roughly \u00a339m ($50m) fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/posts\/690"}],"collection":[{"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/comments?post=690"}],"version-history":[{"count":2,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/posts\/690\/revisions"}],"predecessor-version":[{"id":693,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/posts\/690\/revisions\/693"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/media\/692"}],"wp:attachment":[{"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/media?parent=690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/categories?post=690"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/sawconcepts.com\/index.php\/wp-json\/wp\/v2\/tags?post=690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}