Mobeus VCT fundraising offers have reached their aggregate £80 million target, bringing the firm’s total funds under management to more than £430 million.

Mobeus now advises on approximately £270 million of VCT capital, focused on growth capital investment, and manages a £166 million institutional fund, targeting buyouts. Its large and experienced team of 19 new investment professionals across growth and buyouts is actively targeting exciting new investment opportunities.

In the last 18 months, Mobeus has made 13 new investments, totalling over £70 million. Its total portfolio now includes investments in more than 40 companies, covering a wide range of sectors and stages of growth.

British Business Bank has put in place a multi-million package of support for lending too small businesses and workers affected by the Carillion liquidation.

Foresight Group has sold its investment in ICA Digital, realising a 2.4x return, through a trade sale to ASL Group.

Foresight originally invested £2 million to fund the management buyout of ICA Digital, a managed print services business based in Horley, UK. During the course of the investment, Foresight support

Market commenarty from Alastair George, Chief Strategist at Edison Investment Research.

Dragonglass, the first gamified cryptocurrency experience in the world launched its ICO on February 16, 2018, taking yet another step toward meeting its goal of making cryptocurrency more accessible to the general public.

Mercia Fund Managers has been awarded a £23 million Proof-of-Concept and Early Stage Equity Fund, part of the Midlands Engine Investment Fund, a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South East Midlands.

The SETsquared partnership has been ranked as the world’s leading business incubator for its outstanding contribution to developing the next generation of UK tech entrepreneurs.  

SETsquared, a long-standing partnership between the universities of Bath, Bristol, Exeter, Southampton and Surrey which specialises in growing high-tech start-ups through its incubation programme, has been ranked as the world’s leading business incubator for its outstanding contribution to developing the next generation of UK tech entrepreneurs.  

The announcement was made at the World Incubation Summit in Toronto, Canada. This confirmed SETsquared’s pre-eminence as ‘number one’ in its field, having maintained its world-leading position since 2015.

Anglia Capital Group business angel investors and partners invested £335,000 into Developing Experts, an innovative ed-tech company that has developed a unique digital platform which empowers teachers to teach a specialist subject with confidence.

The Week That Was is released every week by OFF3R. At OFF3R you can compare investments from leading equity crowdfunding and peer to peer lending sites through to robo-advisors and stocks and shares ISAs.

Socialism meets crypto, London house prices fall and higher education comes under review.

Bluebox Corporate Finance has appointed Paul Casey and Prashan Vicneswaran to join the London office.

Paul, a Chartered Accountant, joins Bluebox as a Senior Manager following eight years at Smith and Williamson. Whilst at Smith and Williamson, Paul initially worked in Transaction Advisory Services before tr

Imbiba, the specialist leisure and hospitality investment group, has closed the Imbiba Growth Fund at its hard cap target of £50m. With an investment of £30m provided by the British Business, the Imbiba Growth Fund will provide growth capital and operational support to young and dynamic UK leisure businesses seeking to scale.

Social impact investment company Resonance has launched its latest ground breaking Fund – The Resonance West Midlands Social Investment Tax Relief (SITR) Fund.

The Fund has already secured approximately £1m of commitments in principle from a number of investors. Resonance has also identified an initial £2m of investment need from a wide range of social enterprises in diverse sectors, and is looking forward to hearing from other social enterprises from across the region that are looking for investment to grow their business and social impact.