Btomorrow Ventures
London, Englandbtomorrowv.com
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
24
Website
btomorrowv.comInvestments
| Company | Date | Stage | 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 |
| Moment | Drink Your Meditation | Jun 2025 | Follow-on Offering | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
