British Business Bank: Kraken Technologies
Commons · Question 107791 · Tabled 22 Jan 2026 · Department for Business and Trade · Official record
Answered 27 Jan 2026
Question
Asked by Gareth Davies
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
Answered by Blair McDougall, 27 Jan 2026
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 ...