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11th May 2021

Furniture designer Sylvan secures £500k MEIF funding

Sylvan Enterprises has received a £500,000 loan through the Midlands Engine Investment Fund (MEIF) ESEM Debt Finance fund and backed by the  Coronavirus Business Interruption Loan Scheme (CBILS), managed by Maven Capital Partners.

4th May 2021

 Equity Gap and Scottish Enterprise back Scottish startup QuickBlock

Innovative Scottish start-up, QuickBlock, has received more than £250,000 in seed funding that will create four skilled jobs and accelerate growth of the company’s unique rapid-assembly building blocks made from 100% recycled plastic into new markets.

The investment from Equity Gap and Scottish Enterprise comes as the company sets its sights on global market opportunities within agriculture, humanitarian aid and disaster relief. It will help create a variety of permanent new roles, including securing the long-term appointment of it's interim CEO, Andrew Vincent (pictured). Other new positions include head of sales, sales executive and graduate-level marketing and product designer.

14th April 2021

Jaguar Land Rover's InMotion Ventures invests in battery technology

Jaguar Land Rover’s venture capital and mobility arm, InMotion Ventures, has invested in Battery Resourcers, a lithium ion battery recycling and materials company.

8th April 2021

Circularity Capital leads growth capital round in PackBenefit

Circularity Capital LLP has continued to build its portfolio of European growth stage businesses enabling the circular economy by leading a growth capital investment in PackBenefit, a European innovator in high-performance fibre-based food packaging. The investment sees AXA IM Alts co-invest alongside Circularity Capital through the AXA Impact Fund Climate and Biodiversity. Through this investment, Circularity Capital and AXA IM team up with JZ International, who invested in the company at inception in 2013.  

 

24th March 2021

Pembroke VCT backs eco-friendly vehicle maintenance company Dropless

Pembroke VCTthe venture capital trust focused on building the brands of tomorrow, has made an initial investment of £1.75 million into Dropless, the eco-friendly vehicle maintenance company revolutionising its sector.

Dropless was launched in 2018 by co-founders Christian Duncan and Mike Grindy, to bring digital and sustainable innovation, alongside exceptional customer service, to vehicle owners globally.

10th March 2021

BGF invests in Brisant Secure to unlock growth potential

BGF, the UK’s most active growth capital investor, has invested in secure lock and hardware supplier, Brisant Secure, which is based in the East Midlands and West Yorkshire. The investment will support Brisant’s ambitious long-term growth plans and enable the company to develop further innovations and opportunities.

5th March 2021

BGF backs Northern Building Plastics for nationwide expansion

BGF has invested in Northern Building Plastics to support its growth ambitions.  Northern Building Plastics is a specialist distributor of high-quality uPVC plastics and building products to trade customers. Led by co-founders, Judah Wilson and Richard Lindop, the business opened its first super depot in Leeds in 2010, followed by a second site successfully opened in Bolton in May 2018 on the back of strong growth and a proven model.  

3rd March 2021

Hydromarque eyes growth with £2.7m investment from BCF

UK-pump specialists, Hydromarque Ltd, is set for significant expansion following its acquisition by a specialist private equity backer. BCF Equity Partners has acquired Peterborough-based Hydromarque in a deal totalling £2.7m.

3rd March 2021

3D print company Additive Manufacturing Technologies raises £2.5m new funding

Additive Manufacturing Technologies (AMT), whose equipment automates the final stage of the 3D production process, has raised £2.5m secured funding from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, Foresight Williams Technology, the government’s Future Fund, DSM Venturing, the global startup investment arm of Royal DSM and private investors.

26th February 2021

Cox Powertrain raises £12 million

Cox Powertrain, a leading British manufacturer of high-powered diesel outboard engines for the global marine industry, has raised £9 million from existing shareholders, together with a £3 million loan from HSBC UK Equipment Finance, to allow the company to expand and ramp up production of its CXO300 diesel outboard.

The investment follows a year of significant progress in 2020, where production of the CXO300 began and engines were shipped to Cox’s international network of distributors, including in North America, Europe, the Middle East, and Asia. The amount raised from existing investors signals their strong confidence in the business and its potential, with a strong order book for 2021 and beyond. 

12th February 2021

Hi-Tech Steel Services secures £8.75 million funding from IGF

Steel manufacturer, Hi-Tech Steel Services, has secured a £8.75M funding facility, which includes a £750,000 Coronavirus Business Interruption Loan (CBILS) from Independent Growth Finance (IGF). The Merseyside-based steel processor required additional working capital to support growth and assist the business during the height of the pandemic.  

11th February 2021

Ai Build raises $1m to lead the manufacturing revolution

 

Ai Build has raised $1m in a funding round led by SuperSeed, a London based VC that specialises in Business Automation and Industry 4.0 investments. Also joining the round is William Tunstall-Pedoe, the British entrepreneur who was one of the inventors behind Alexa, Amazon’s voice assistant.

 

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