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. 

For entrepreneurs to be able to find the ‘right’ investors, and vice versa for funders to select the ‘right’ founders is still very important  aspect of angel investing.  In this piece, Peter Cowley from The Invested Investor tries to describe the characteristics of the right investor.

Minerva Business Angels, part of the University of Warwick Science Park and one of the most successful business angel networks in the UK, is joining forces with Nottingham Trent University and the University of Nottingham in a partnership aimed at improving access to finance for innovative local companies.  Minerva has chosen to work with Nottingham’s two universities because both have a track record of identifying research and ideas that have commercial potential, and of providing knowledge and advice to firms looking to improve through innovation.

Lingua Custodia, the specialist in Machine Learning applied to financial translation, has closed a €1.1m fundraising operation. This brings the total amount of funds raised since its inception in 2011 to € 2.4m.

QuoteOnSite has announced a cash injection to facilitate aggressive growth over the next 12 months thanks to investment from the Development Bank of Wales and Deri Green.

FibreCRM, a Penryn-based software company, has secured a £250,000 investment from the Chelverton Investor Club (managed by Chelverton Asset Management) as part of a £750,000 funding package, which also includes funding from Cass Entrepreneurship Fund, the Cornwall & Isles of Scilly Investment Fund and the FSE Angel Network.

North East entrepreneurs developing industry-changing innovation have taken to the stage in the first of a series of new pitching events delivered by the recently launched Newcastle Angel Hub.