Written Question·Department for Business and Trade·UIN 107791

British Business Bank: Kraken Technologies

Tabled: 22 January 2026
Answered: 27 January 2026
Named Day

Question

Gareth Davies

ConservativeGrantham and Bourne

To ask the Secretary of State for Business and Trade, what estimate he has made of the level of private capital the British Business Bank expects to crowd-in from their investment in Kraken Technologies.

Answer

Blair McDougall
The Department has not sought to make such an estimate, as this is a question that the British Business Bank considers alongside other matters when carrying out due diligence on its investments. The Bank is operationally independent. The overall ratio of ...

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