Cardiff based fintech company Yoello has joined forces with non-profit organisation FOR Cardiff to launch a campaign to ‘#BackCardiff’ - offering cashflow support to Cardiff based hospitality and retail businesses struggling whilst social distancing restrictions are in place.

Intertrust, a global leader in providing tech-enabled fund and corporate solutions to clients operating and investing in the international business environment, has automated its loan administration, cash management and facility agent services by integrating its platform with IHS Markit’s market accredited and acclaimed Wall Street Office (WSO) software. 

A Liverpool-based chemical technology company that is helping in the fight against dementia, cancer and respiratory illnesses has secured £2.25m in a funding round led by the VC firms Deepbridge Capital and Praetura Ventures.  Liverpool ChiroChem (LCC), the developer and manufacturer of chemical components that are critical to the research and development of new drugs, also saw investment from NPIF - Maven Equity Finance, managed by Maven and part of the Northern Powerhouse Investment Fund.

Lifebit Biotech, a leading innovator in bioinformatics and cognitive software solutions, has closed its Series A funding round of US$7.5M (£6 million) led by Idinvest Partners, to fuel ongoing product innovations and global market expansion. Previous investors Pentech Ventures LLP, Beacon Capital, and Connect Ventures also participated in the round. 

A Newcastle-based company which provide the UK’s fastest-growing text donation service has secured a second round of investment funding worth £350,000.

Social impact investor Nesta Impact Investments (NII), part of Nesta, and London-based investment manager, Downing, have led a £2m growth funding round in Empiribox Ltd. The rapidly growing science education provider supplies resources for primary school teachers to teach practical science lessons. 

Littledata, a SaaS company that connects and automates ecommerce analytics for its customers, has received investment from one member of Henley Business Angels (HBA), contributing towards a total funding round of £80,000.

Aberystwyth headquartered Phytoponics has raised £500,000 equity finance to undertake large scale commercial trials of its innovative substrate-less Deep Water Culture growing solutions.

Ingenious' Infrastructure Ventures EIS Service has led a $4m A-series investment round in Shoreline. The Norway-based start-up has built an intelligent field operations and project development platform to help develop profitable wind projects by constructing and operating them efficiently using intelligent schedule optimisation and simulation.

One Utility Bill – which simplifies utility billing for tenants, landlords and letting agents - has raised £1.7m to further develop its platform and expand its business.

The funding round was led by DSW Angels, the venture capital business of the Dow Schofield Watts group, and included existing investors the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures.

Maven Capital Partners has completed a £2.5m investment in Precursive, a software as a service (SaaS) company which allows clients to manage a wide range of business processes effectively on a single, easy-to-use platform.

Founded in 2011, Precursive is a strategic partner of Salesforce, the world's largest provider of customer relationship management (CRM) software. The company helps businesses in the agency, consulting, technology and professional services sectors operate more efficiently by automating admin-heavy and time-consuming processes such as resource management, project planning, accounting, forecasting, reporting and client onboarding. Precursive is based in London but has a presence in the USA, Spain and Poland, as well as a growing list of blue-chip clients including GoCardless, Mitel, GoCardless, SES and Vidyard.

IW Capital has announced the completion of a £2 million investment in GPDQ, providing a welcome boost to healthcare provision in the UK as demand surges during the Covid-19 pandemic.