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Birmingham Post
Birmingham Post
Business
Jon Robinson

UK taxpayer stakes revealed in companies that recently raised over £12m

UK taxpayers have stakes in two Manchester companies that recently raised over £12m, it has been revealed.

The British Business Bank has published a list of 53 additional firms in which its Future Fund holds an equity stake, taking the total to 515 as of the end of 2022.

Among the new additions are Arctic Shores, which recently secured a £5.75m boost, and Biorelate, which raised £6.5m towards the end of last year.

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