💻 Technology Jun 25, 2026 · Cate Lawrence

Blue Lake VC closes in on first fund with British Business Bank backing for immigrant-led startups

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Blue Lake VC closes in on first fund with British Business Bank backing for immigrant-led startups
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UK-based Blue Lake VC has secured a cornerstone commitment from the British Business Bank,  the UK’s largest institutional investor in venture capital.
Ukrainians David Gilgur and Lyubov Guk, founding partners of Blue Lake VC, are backing exceptional immigrant founders in the UK. Immigrants are behind more than half of the UK's fastest-growing companies.
But according to proprietary survey data from Blue Lake of over 1,200 immigrant founders, more than 90 per cent say they can't access the net

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