Btomorrow Ventures
Overview
Btomorrow Ventures (BTV) is the corporate venture capital arm of British American Tobacco (BAT), founded in 2019. The firm invests globally in high-growth businesses from seed to Series B and beyond, with a focus on helping BAT's transformation and diversification away from nicotine. Its investment areas include wellbeing and stimulation, functional products, biotech, science, sustainability, and technology. BTV provides portfolio companies with strategic support by leveraging BAT's global reach, distribution, and expertise. The firm is actively investing out of its second fund, which was launched with a £200 million commitment.
Portfolio Companies
25
Website
btomorrowv.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Feisty Drinks LTD | Sep 2026 | Seed | Lead |
| Flink | Mar 2026 | Growth Equity | Co-investor |
| Reflow | Feb 2026 | Seed | Co-investor |
| one.five | Jan 2026 | Series A | Co-investor |
| AWAKE Chocolate | Jul 2025 | VC Round | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Btomorrow Ventures based?
Btomorrow Ventures is headquartered in London, England, United Kingdom.
When was Btomorrow Ventures founded?
Founding year information for Btomorrow Ventures is not publicly available.
How many portfolio companies does Btomorrow Ventures have?
Btomorrow Ventures has 25 portfolio companies in Caplight's dataset.
What are some companies in Btomorrow Ventures's portfolio?
Recent investments visible on Caplight include Feisty Drinks LTD, Flink, Reflow, one.five, AWAKE Chocolate.
What was Btomorrow Ventures's most recent investment?
Btomorrow Ventures's most recent investment on Caplight was in Feisty Drinks LTD in 2026.
What sectors does Btomorrow Ventures focus on?
Btomorrow Ventures focuses on Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, FinTech, Consumer & Commerce, FinTech, Energy & Sustainability, Energy & Sustainability, FinTech, Frontier & Industrial Tech, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, FinTech, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Mobility, Transportation & Logistics.
What company stages does Btomorrow Ventures focus on?
Btomorrow Ventures typically invests at the Early stage.
What is Btomorrow Ventures's AUM?
Btomorrow Ventures's assets under management are estimated between $444.5M and $444.5M.