BGS International secures an additional £60,000 investment from Midven to support its expansion in the geoscience sector.
Information on the Target
BGS International, a Nottingham-based company that spun out from the British Geological Survey in 2011, specializes in conducting comprehensive geoscience surveys in mineral-rich countries worldwide. Situated in Keyworth, BGS International operates on significant projects in countries such as Tanzania, Sudan, Cameroon, and Afghanistan, with initiatives expected to continue until 2014 and a robust pipeline of prospects extending for several additional years.
With a strong emphasis on delivering essential geoscience data, BGS International aims to enhance the commercial focus and flexibility of its operations. The company’s workforce consists of three full-time directors, support staff at its East Midlands headquarters, and approximately 20 consultants engaged in projects across the globe.
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Industry Overview in the Target’s Specific Country
The global geoscience industry is vital for the exploration and sustainable management of mineral resources. As developing countries increasingly seek to utilize their natural resources for economic growth, the demand for geo
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Midven’s UK Innovation & Science Seed Fund
invested in
BGS International
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $245M