HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, today announces that its new London Syndicate plans to invest €3 million in Irish start-ups over the next three years. Earlier this year, HBAN partnered with the New York-based Digital Irish Angels (DIA) Syndicate, making the London Syndicate the second of HBAN’s international business angel groups. 

Triple Point, which provides innovative and compelling investment solutions for private and institutional investors, has announced the launch of its Impact EIS service. 

Foresight Group has announced the investment of £2.1 million into Oxford Space Systems Limited from the Foresight Williams Technology EIS Fund.

As we head towards the UK leaving the EU there continues to be much discussion about what the UK economy will resemble in the second quarter of 2019 and beyond.

An Enterprise Investment Scheme that led to a world-first innovation in online learning has given investors a 75x return on their money in a little over five years.

The Par Syndicate, a business angel network established by Edinburgh-based venture capital firm Par Equity, acquired International Correspondence Schools in late 2012.

At the time, despite being a long-established “distance learning” specialist, ICS was in danger of administration, with 50 jobs and the hopes of thousands of students at risk.

Now, after half a decade of refocusing and growth, it has been transformed into a fully fledged online education provider and a trailblazer in virtual learning environments.

Kuber Ventures, the fund investment platform offering simplified access to EIS/SEIS portfolios and funds today announces the addition of three new high growth funds to the platform. The addition of the growth funds follows last year’s budget announcement which doubled the investment limit. It also saw the rules tightened to prevent investment in low-risk companies, rather than the innovative, high growth companies the scheme was designed for.

Paragraf, the graphene technology development company, a recent spin out from the University of Cambridge, has closed a £2.9 million seed round to support the development of its first major products. The round is led by Cambridge Enterprise, the commercialisation arm of the University of Cambridge, with the participation of Parkwalk Advisors, Amadeus Capital Partners, IQ Capital Partners and angel investors.

Jenson SEIS and EIS Fund 2017/18 has made an investment into myBaker (Homebaked Ltd), an online cake concierge service connecting independent bakers to individuals and businesses, throughout the UK, enabling them to order customised baked goods.

Jenson SEIS and EIS Fund 2017/18 has made an investment in Whitehall Finance, a new and innovative supply chain finance provider unlocking the potential for businesses and suppliers to obtain immediate payment for their approved invoices on competitive financial terms bringing benefits to both parties.

Foresight Group has announced the £1.68 million investment from the Foresight Williams Technology EIS Fund into Geospatial Insight.

Resonance has made another investment from its Bristol Social Investment Tax Relief Fund of £112,500 to Social Impact Bristol Ltd, 

Deepbridge Capital, the tax-efficient investment manager, has fully deployed all Enterprise Investment Scheme (EIS) funds raised during 2017/18 within the same tax year.