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Redrice Ventures fund backed by British Business Bank

A £50 million venture fund led by Robert Senior, the former boss of Saatchi & Saatchi, has been backed by the British Business Bank to target investments in luxury consumer and online businesses. Redrice Ventures, which was set up in 2018, already has investments in Castore, a premium sports brand, Dai, a womenswear suit business, and War Paint, a cosmetics range for men.