Livingbridge has closed its Livingbridge Enterprise 3 fund with total capital commitments of £334m, an increase of 50% on its predecessor fund, Livingbridge Enterprise 2, a 2015 vintage fund.

Ingenious's Infrastructure Ventures EIS Service has invested in Winnow, the technology company behind Winnow Vision, the artificial intelligence tool helping chefs cut food waste in half, as it completes its series B round of funding at $12m. Other co-investors in this fund raising round include Ingka Investments, Mustard Seed, Circularity Capital, D-Ax in addition to Ingenious.  This follows a recent loan from The European Investment Bank (EIB) and in total means the firm has raised $20m in the last month, allowing it to focus on global markets.

ProFinda has received £1 million of funding from Nesta Impact Investments, the venture capital arm of one of the UK’s leading innovation foundations, to accelerate the deployment of its platform across the private, public and third sector, and increase social impact.

MIME Technologies, a med-tech spin-out from the University of Aberdeen, has raised a combined £255,000 from first round investment and a Scottish Enterprise grant.

Designed to revolutionise the support given to cabin crew during in-flight medical events, MIME Technologies’ innovative product can monitor a passenger’s vital signs while communicating with clinicians on the ground.

Idinvest Partners, a leading investor in SMEs across Europe, has appointed Sylviane Guyonnet, COO of Idinvest, and Eric Gallerne, Co-Head of Private Debt Strategy, as Managing Partners.

A wealth of local, national and global experts in innovation will come together in central Newcastle next month with the aim of inspiring over 800 businesses of all sizes as part of this year’s VentureFest North East.

As the region’s flagship innovation conference, the event provides cross-sector opportunities for collaboration, presenting local businesses with an opportunity to connect with like-minded organisations, learn about the latest trends in innovation and the chance to secure the funding they may need to grow or expand into new markets.

Technology company, Sennen, whose software increases the reliability and productivity achieved by renewable energy owners, has secured financial backing from investment firm Sustainable Accelerator in its first round of seed funding.

Experienced renewable energy business angels Colin Palmer and David Bunker are also investing in the business. Further investors will be announced soon with the total round expected to be nearly £400,000, double the initial target.

A new Guernsey Green Fund has been launched backing the wind farm sector in the UK and Ireland.  Resonance British Wind Energy Income II, an authorised, closed-ended investment fund, is focused on consolidating the fragmented small and medium-sized wind farm industry in Britain and Ireland, offering investment return and mitigating environmental damage.

British Business Investments, a wholly-owned commercial subsidiary of British Business Bank plc, the UK’s national economic development bank, has published its Annual Report and Accounts for 2018/19, its fifth year of operation.

Apadmi Ventures has invested in studentnannies.com, an innovative new childcare platform which has just launched in Manchester, having already launched in London. 

Invest Europe has appointed Eric de Montgolfier as new CEO to lead the world’s largest association of private capital providers and investors.

Mogrify Ltd, a UK company aiming to transform the development of life-saving cell therapies, has announced the initial close of its Series A funding. The Company raised $16 million USD in this round, bringing the total investment to over $20 million USD to date. The funding will support internal cell therapy programs, and the development and out-license of novel IP relating to cell conversions of broad therapeutic interest. Mogrify is also actively recruiting, and will increase headcount to 60 scientific, operational and commercial staff located at its state-of-the-art facility on Cambridge Science Park.