Asset management firm Octopus Investments has backed family entertainment centre operator Monkey Bizness with £2 million.

Asset management firm Octopus Investments has backed family entertainment centre operator Monkey Bizness with £2 million.

The money is from the government’s Capital for Enterprise (CfE) fund, of which Octopus is managing £30 million.

The company, which currently operates from six locations, aims to double in size over the next three years. Alistair Brew, a director at Octopus who led the deal, says it has the opportunity to become the ‘leading player’ in the sector.

Alex Cheney, co-founder of Monkey Bizness, says the company is ‘well-placed to capitalise on the embryonic and fragmented family entertainment market’.

Existing Monkey Bizness sites are in Lewes, Gosport, Poole, Sheffield, Stevenage and Hull.