Bdaily, an online news platform, has secured investment from Maven through the Finance Durham Fund, established by Durham County Council and overseen by Business Durham.
Founded nearly 20 years ago, Bdaily was acquired by N magazine publisher NET in 2024 and now forms part of its wider portfolio of media brands. Its experienced journalism team produces high-quality, multi-sector news, feature articles and thought leadership for a national audience, supported by an email subscriber base of more than 55,000.
Alongside its editorial offering, Bdaily provides client self-publishing campaigns, enabling businesses to share their own content and engage with its established audience in a unique way.
Maven’s investment will support a UK-wide growth strategy, helping Bdaily to expand its regional presence, grow its team and relocate to a new office at Aykley Heads within the Durham Innovation District.
The funding will also strengthen Bdaily’s role within NET’s broader campaign activity, drawing on its marketing and events expertise. This includes supporting key initiatives such as the North East-focused VISION 31 investment summit, as well as contributing to thought leadership outputs, including a recent white paper exploring opportunities to accelerate devolution in the region.
"We’re delighted to have secured this investment, which will allow us to deliver a step-change in Bdaily coverage across the UK. This will supercharge what we do best, high-quality and engaging business journalism, distinctive design and photography and impactful executive-level events, and take it to more regions, more audiences and more partners. With Maven’s backing, we’re well placed to accelerate our growth and build Bdaily into a truly national publishing brand."
Pete Mallon, NET Managing and Creative Director
"Bdaily offers a clear differentiator of high-quality business-to-business journalism delivered by its rapidly expanding digital presence. The opportunity for it is huge and coupled with the expertise developed from the success of NET the team is well placed to expand Bdaily nationally while continuing to protect the editorial quality that underpins the strength of the brand."
Rebecca Minchella, Investment Manager at Maven
"This investment is a clear signal of Durham’s growing influence as a driver of regional economic leadership. Through initiatives like the Finance Durham Fund, we are not only supporting ambitious businesses to scale, but also attracting organisations that will strengthen our economy and extend our reach far beyond the North East.
Bdaily’s expansion demonstrates the confidence that innovative, high-growth companies have in the support, infrastructure and opportunities available here. y backing businesses with national ambitions, we are reinforcing Durham’s position at the forefront of investment, innovation and sustainable growth across the region."
Cllr Joe Quinn, Durham County Council cabinet member for Resources, Investments and Assets
The Finance Durham Fund is part of Durham County Councils strategy to deliver economic growth across County Durham by supporting local ambitious and entrepreneurial businesses who need access to the funding they require to grow. The Fund provides flexible equity, debt or mezzanine funding packages from £150,000 to £2 million for early stage and established businesses, investing across all sectors. get in touch here >