NPIF - Maven Equity Finance, part of the Northern Powerhouse Investment Fund, managed by Maven Capital Partners, has completed its 25^th deal by investing £1m in industry leading tech platform MirrorWeb Limited. The funding secured will fuel the company’s next phase of growth, strengthening the team by creating 12 new jobs to develop its innovative range of products and enter new markets.

Manchester-based MirrorWeb has developed an innovative, robust and highly scalable cloud-based unified electronic communications archiving and monitoring platform that enables frequent archiving of web and social media assets for businesses in the private, and public sector. 

CamBioScience, an e-learning company that provides intensive training courses in breakthrough life science technologies, has received investment from three Henley Business Angels members, helping them raise a total of £400,000. CamBioScience have created an enterprise-level cloud platform called OBRIZUM, which allows companies in high-skill areas like healthcare, engineering, finance, law and software to automatically create, deliver and monitor adaptive online courses and assessments on a global scale.

The UK’s tech industry is leading the way in the creation of billion-dollar businesses despite Brexit fears, according to research released today by technology investment bank GP Bullhound.

Silicon Microgravity (SMG), a spin-out from both BP and the University of Cambridge, has raised $7 million from IP Group, Parkwalk, BP Ventures and Cambridge Enterprise.

Silicon Microgravity Limited is a privately held company focused on developing and applying innovative technology primarily to improve surveillance, appraisal and production of oil and gas with additional application to CO2 storage, water management, mining and defence. Our technology has the potential to disrupt current practices and advance reservoir surveillance so that our clients can achieve real efficiencies and cost savings while meeting their desired social, safety and environmental goals.

iBAN, a UK-based company which raised funds on Seedrs in 2017, plans to launch iBAN Wallet - a digital alternative to traditional banking. iBAN Wallet aims to bring all the key banking services into one digital platform that can be securely accessed via a smartphone. Users will be able to access a wide range of financial services via the app, which will be available on Google Play and the iTune Store.

Mercia Technologies investment, VirtTrade, has secured a partnership with Formula 1 to join its growing roster of digital initiatives, aimed at providing innovative new methods for fan engagement in the sport.

VirtTrade is a developer and publisher of digital trading cards and works with licensors to create high quality engagement apps for fans. The VirtTrade platform allows fans around the world to pursue their passions by collecting digital cards, making trades and competing in games.

BP has entered into an agreement to purchase Chargemaster, the UK’s largest electric vehicle (EV) charging company. Chargemaster operates the UK’s largest public network of EV charging points, with over 6,500 across the country. It also designs, builds, sells and maintains EV charging units for a wide range of locations, including for home charging.

Chelverton Asset Management has completed its third transaction of 2018 on behalf of Members of its Investor Club service, with a £1m growth capital investment into Reading-based iDefigo.

Leading deeptech VC, IQ Capital, has held the first close of its £125m third fund, IQ Capital Fund III, at £92 million. The fund will invest at Seed and Series A stages into UK deeptech companies with transformational deep-tech, AI or disruptive algorithms at their core and led by visionary founders.

Pfizer Ltd has announced that Medopad, Perfect Ward and Inhealthcare have been selected to be part of the Pfizer Healthcare Hub: London.

Celonis, the global market leader in process mining software, has raised $50 million in Series B funding from existing investors Accel and 83North, which values the company at $1 billion. Celonis has outpaced its growth targets since its June 2016 $27.5 million Series A funding and has been a profitable company every year since its inception.

uMotif, the data capture company putting patients at the centre of clinical research, has raised £2.4 million in its latest funding round led by Albion Capital, the leading independent investment manager, along with several angel investors.