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Bayes Entrepreneurship Fund

United KingdomB2B SaaSAI/MLClimateCybersecurityFintechHealthtechEnterprise

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Investment thesis

The Bayes Entrepreneurship Fund is a £15 million venture capital fund that partners with ambitious management teams who seek to build high-growth businesses. As a dedicated early-stage (but post-seed) fund, BEF provides meaningful financial and non-financial, board-level support to help businesses deliver on their plans. The fund invests in high-potential companies that are pursuing scalable market opportunities across multiple sectors, including SaaS, AI, healthcare, climate, consumer, fintech, proptech, and IoT. BEF supports revenue-generating businesses that have typically received a first round of concept-stage or seed funding. Given their background and networks, they tend to be more focused on B2B businesses, but have previously backed successful management teams in the B2C space and remain open to such opportunities. The fund can act as a lead investor, co-investor, or sole investor, and reserves funds for follow-on investments as portfolio companies grow.

Notable quotes

We often hear entrepreneurship is about resilience, drive and passion – it's also about skill. Helping entrepreneurs to develop the right skills, and providing practical support to deliver scalable business plans, are essential components for commercial success.

Peter Cullum · Bayes Entrepreneurship Fund website

We are very excited to have completed an investment into Spotta. The platform technology is extremely versatile, capable of detecting a range of destructive pests with high reliability and low power requirements. This has the potential to considerably reduce both crop damage and the use of harmful pesticides, giving a positive economic and environmental impact.

Helen Reynolds · Spotta investment announcement · 2025-07-25

Climate risk is no longer a distant concern, it is an immediate and accelerating reality. Our investment in SmartResilience underscores our interest in backing scalable, technology-driven solutions that deliver strong ROI for customers and drive meaningful global impact.

Linda Coyle · SmartResilience investment announcement · 2026-03-24

Recent investments

CompanyRoundSizeDate
ReBornSeed2026-03-30
SmartResilienceSeed2026-03-24
ValentSeed$1m2026-01-15
SpottaSeries B2025-07-25
AirEx TechnologiesSeries A$3m2023-04-06
FibreCRMSeries A$6m2022-07-15
Torsion Information SecuritySeed$8m2022-06-21
StaySafeSeed
SpringpodSeed
COAT PaintsSeed

Frequent co-investors

VC firmDeals together
The FSE Group2
One Planet Capital2
Juno Capital Partners1
Finance South East1
The Yield Lab1
Wren Capital1

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