JustUs is featured among an additional 108 companies in which the future fund has a shareholding, according to the latest data from the British Business Bank (BBB).
As Peer2Peer Finance News previously reported, the state development bank became a minority shareholder in the peer-to-peer lending platform last month, in a transaction which valued JustUs at £50m.
The BBB has revealed the total number of businesses in which the future fund holds an equity stake reached 265 as of the end of 2021.
Other firms in which the BBB now has a stake include open banking platform Bud and alternative asset investment platform Coinvestor.
The scheme has also issued 1,190 businesses with convertible loan agreements worth £1.14bn between 20 May 2020 and 31 January 2021.
The future fund was set up to support UK-based innovative businesses affected by the Covid crisis, offering these firms loans ranging from £125,000 to £5m.
These loans were provided on the condition that third-party investors at least match the government’s commitment, with these convertible loans designed to convert into equity at the next equity funding round.
“The future fund was created to increase the flow of capital to innovative companies at the height of the pandemic, while ensuring long-term value for the UK taxpayer,” said Ken Cooper, managing director, venture solutions at the British Business Bank.
“We’re delighted to see so many companies already going on to raise further private sector capital. As a shareholder in so many promising businesses, the future fund is well positioned to share in the benefits of their continued growth.”