22nd July 2019
- 0 commentsMEIF Debt Finance, managed by Maven Capital Partners, has provided Advance Tapes International Limited, a manufacturer of pressure sensitive adhesive tapes, with a £600,000 loan.
The funding package will support the Leicester company’s ambitious expansion plans, helping it develop its extensive product portfolio and also providing working capital as the firm enters a new growth phase. The loan will also create 20 new jobs in the Leicestershire region.
22nd July 2019
- 0 commentsZegami, the augmented intelligence company helping businesses unlock their data potential through visual data exploration, has raised £1.25M in equity funding. Its latest round of fund raising was led by RT Capital Management and the Oxford Technology and Innovations EIS Fund, with existing investors Oxford Sciences Innovation plc and Oxford University Innovation also contributing. The funding will enable Zegami to continue developing its next generation data visualisation platform and raise its profile through marketing and commercial partnerships – in particular with LiveTiles and Microsoft.
22nd July 2019
- 0 commentsAsabys Partners, a Pan-European Venture Capital firm specialized in investments in the life sciences and health sectors, and Alantra, an investment banking and asset management firm, have reached an agreement by which Alantra becomes a strategic partner of Asabys through the acquisition of a 35% stake in the firm.
The transaction has the support of Banc Sabadell as one of the promoters of the project and anchor investor in Asabys’ first vehicle ("Sabadell Asabys Health Innovation Investments SCR SA"). As part of the agreement, Alantra will invest in the first vehicle of Asabys and will support the search for new investors and the internationalization of the project.
22nd July 2019
- 0 commentsBeauhurst H1 2019 Equity Market Report analyses every publicly-announced equity fundraising in H1 2019, to spot emerging trends and patterns in the market.
19th July 2019
- 0 commentsAshfords has advised WhiteHat on its recent $16 investment by Index Ventures, with participation from Lightspeed Venture Partners and Salesforce Ventures.
19th July 2019
- 0 commentsQuoteOnSite has announced a cash injection to facilitate aggressive growth over the next 12 months thanks to investment from the Development Bank of Wales and Deri Green.
19th July 2019
- 0 commentsSteamaCo, a UK-based technology supplier to utilities in Africa and Asia, has completed a $5m Series B equity financing. This latest round of funding supports the company's continued technology development and growth, enabling reliable electricity services for hundreds of thousands of previously underserved people across 10 countries. Praetura Ventures and Shell co-led the investment round, with participation from existing shareholders.
18th July 2019
- 0 commentsUK-founded graphene-based electronics technology company Paragraf has closed a £12.8m Series A round led by Parkwalk. The round also included investment from IQ Capital Partners, Amadeus Capital Partners and Cambridge Enterprise, the commercialisation arm of the University of Cambridge, as well as several angel investors. The funding will see Paragraf’s first graphene-based electronics products reach the market, transitioning the company into a commercial, revenue-generating entity.
18th July 2019
- 0 commentsDeep-tech venture capital firm IQ Capital has launched a new $125 million Growth Opportunities Fund and closed its third venture fund, IQ Capital Fund III, at $175 million, bringing the total new capital to be invested to over $300 million.
18th July 2019
- 0 commentsMaven Capital Partners, has led a £650,000 investment in Manchester-headquartered passenger transfers booking platform Ski-Lifts Limited. A total of £500,000 has been invested by NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund and a £150,000 was provided by the Greater Manchester Loan Fund, also managed by Maven.
17th July 2019
- 0 commentsCrypta Labs has completed a £2.7 million (US$ 3.4m) funding round led by Bloc Ventures and includes £1,000,000 (US$ 1.3m) debt finance from Innovate UK.
Crypta Labs is a quantum cybersecurity company which develops IP, hardware and related software using the quantum properties of light to secure highly critical data and communication devices embedded in critical infrastructure for the aerospace, communication, medical, military, and transport sectors
17th July 2019
- 0 commentsBGF, the UK and Ireland’s most active investor in growing businesses, has committed £2 billion into UK and Irish SMEs from its balance sheet of £2.5 billion.
The landmark capital investment was reached following £7.5m of growth funding for Merseyside-based manufacturer Joloda International, as well as BGF’s most active day ever for capital deployment in mid-June, with a total of £48m committed.