
B8 Venture Partners
Venture capital firm investing equity in Forest's £40m Series B.
B8 Venture Partners led the equity in Forest's £40m Series B on 29 April 2026, backing the London e-bike operator's expansion alongside Fen Ventures and Güil Mobility Ventures.
Last refreshed: 22 July 2026 · Appears in 2 active topics
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B8 Venture Partners is a European growth-equity fund focused on mobility, sustainability and technology ventures, investing at Series A and B once a company has established initial market traction. It runs a concentrated portfolio with active board involvement rather than spreading capital thinly across many bets.
It led the equity component of Forest's £40m Series B on 29 April 2026 alongside Fen Ventures and Güil Mobility Ventures, with Fintex Capital adding £10m of asset-backed debt and hardware supplier OKAI taking a minority stake . Forest counts 1.5 million users across 18 London boroughs.
The mixed equity-and-debt structure is typical of capital-intensive fleet businesses, where debt collateralised against physical assets reduces dilution while still funding fleet expansion, and B8's focus on operators and enabling infrastructure over pure hardware fits a broader shift away from car-centric urban transport.