In the first of three articles on the changes brought in with the Budget, James Ramsay, a tax efficient specialist, takes an adviser’s eye view of the changes and their implications to firms and their clients.

Angel network set up last year to bring together individual investors with promising Northern technology firms has chosen a Warrington-based software company for its first funding round.

Resonance has made its first “permanent capital” investment into Hollywell Housing Trust, a social landlord housing vulnerable people in the South West. The investment of £40,000 comes from the Health & Wellbeing Challenge Fund (H&WCF), an impact investment fund established with investment from the Growth Fund and South West Academic Health Science Network (SWAHSN). 

Sofant, an Edinburgh based developer of smart antenna technology company, has closed an undisclosed investment round. The investment round was backed by Newable Private Investing including Newable Ventures SEIS/EIS fund. Other investors in the round included Kelvin Capital, Old College Capital and Scottish Investment Bank.

Magpie Education, a firm that aims to inspire students in STEM subjects, through its engaging, cost-effective, AI driven resource tool, has secured seed investment from the British Robotics Seed Fund (BRSF).

Britbots, the organisation dedicated to promoting U.K.-based robotics companies, and Sapphire Capital Partners, a specialist manager of tax-efficient funds, today announces the launch of the second British Robotics Seed Fund.

Symvan Capital announces the launch of its third SEIS fund – the Symvan Technology SEIS Fund 3.  

HBAN (Halo Business Angel Network) announces its predictions for 2018.

The recent Autumn Budget has confirmed that, once pensions and ISAs have been fully used, EIS and Seed EIS are now very much the third pillar of tax planning, writes Andrew Aldridge from Deepbridge Capital.

Dr. Brian Moretta, Head of Tax Enhanced Services at Hardman & Co outlines why investors in start-ups should be cautious about Brexit

While the UK venture capital industry is digesting the response to the Patient Capital Review, the budget this year was firmly aimed at Brexit. Others will comment on whether it hit the mark, but Brexit should be the hot topic for startup investors. One year ago I highlighted at an industry forum how noone was talking about it. This is still largely true, but now the areas of risk are becoming clearer. These are the largest ones that investors need to consider:

Seneca’s Business Development Director, Ian Battersby gives his view on the EIS market in the run up to tax year end, the potential impact of changes announced in the Budget and the proposals outlined in the much awaited Patient Capital Review.

It has been a busy second half of the year at Parkwalk: with committments of £78m to portfolio companies in 2017, with those companies raising a total of £250m between them.

Read the full update here.