Eric Tveter, former Central Europe CEO of Liberty Global, has become a major investor and the first Chairman of London-based start up Veloce Esports.

Tveter’s investment is part of Veloce’s ‘Angel’ funding round, which has now closed with further announcements due shortly. His stake increases the valuation of the multi-million pound company as it now proceeds to Series A funding.

The rapidly growing esports organisation, which officially launched in June 2018, has already claimed a number of successes in its short history as the group has established itself as the number one racing esports viewership network in the world, with a monthly audience of over 35 million.

PrimaryBid, the award-winning FCA-regulated online platform connecting publicly listed companies with everyday investors for discounted share issuances, has closed a £7 million funding round, led by Pentech and Outward VC with participation from new and existing investors.  The investment enables the company to aggressively expand its sales and marketing efforts as well as accelerate IT product development.

The founders of a specialist price comparison website have secured £500,000 of seed-stage investment and are now ready to disrupt the UK car leasing market.  Moneyshake.com helps people find the best lease deals quickly by comparing prices from the UK’s leading providers.  The £500,000 equity investment has been provided by the Development Bank of Wales and serial entrepreneur Tim Scholes, a private investor and experienced strategy professional.

Wayland Additive Limited has raised a £3 million Series A funding round, led by Longwall Ventures with the Angel CoFund (ACF), as well as a number of high-calibre angel investors. Wayland Additive is a West Yorkshire based company pushing the boundaries of electron beam 3D printing with systems that can work faster and with greater precision than existing laser-based technologies. 

The startup’s goal is to bring to market, manufacture and sell metal Additive Manufacturing (“AM”, otherwise known as 3D printing) machines to end-users who require high precision and complex components (often made from advanced metal alloys) in areas such as the aerospace and medical industries.

By James Murdoch

I had not planned to write an article in the holiday month of August, but time for reflection has given me the impetus to highlight my key conclusions. These have perhaps been partially buried in detail of my first 4 articles; I have been so determined that my articles should be based on analysis of my wide portfolio that the description of portfolio, process and data may have have given the foundation but not sufficiently emphasised the messages emerging.

Technology sectors in the UK are thriving and have thus brought about an increased level of awareness to the public consciousness. 

Equiem, the global leader in tenant experience technology and services for commercial real estate, has announced the completion of its largest ever capital raise, securing more than £7 million from a number of different investors. The total is the biggest single funding round reported by any commercial tenant experience technology company to date and takes the amount invested in Equiem to over £17 million in total.

MGB Biopharma, a biopharmaceutical company developing a novel class of anti-infectives to address the major global problem of antibiotic resistance, has announced the completion of its latest funding round. The over-subscribed fund-raise was supported by new and existing investors, led by Archangel Investors and including Scottish Investment Bank (the investment arm of Scottish Enterprise, Scotland’s national economic development agency), Barwell and TriCapital Investors.

Residently, the UK startup that is building the global rental platform, has secured £7m in seed investment to help fund its growth in London and New York.

QueryClick, an Edinburgh-based digital marketing consultancy that aims to transform how effectively advertisers invest in digital marketing, is to embark on an expansion drive following an investment of £2m led by Scotland’s leading business angel investment group, Archangels, in partnership with the Scottish Investment Bank (SIB).  QueryClick has developed a unique, machine learning-based attribution solution – marketing software that enables companies to precisely allocate their investments in different marketing channels to ensure the maximum possible return on investment.

BiVictriX has announced that Dr Michael Carter has joined its board as a Non-executive Director, and that it has completed aninternal fund-raising round enabling development of its project portfolio and technology platform.

Green Angel Syndicate has invested in BuyMeOnce, the destination website for long lasting products of all sorts, as part of its £550,000 funding round.