The Resonance Real Lettings Property Fund² (RLPF²) has received a substantial investment from Guy’s and St Thomas’ Charity, the largest place-based health foundation in the UK, as part of its commitment to achieving positive health impact in the UK alongside investment return.

The Resonance Fund, managed by social impact investment company Resonance, was launched in 2015 and has now over £80m of funds under management following this investment. 

Hallmarq Veterinary Imaging, a global specialist in advanced diagnostics for equine and companion animals, has successfully completed a management buyout led by mid market private equity firm August Equity. As a result of the deal, NPI Investors as well as the LBA EIS Tracker Fund 4 have made a greater than 5x return on their investment.

Resonance, a social impact investment company, with a head office in Cornwall, worked with Smile Together as advisers on the investment raise.

BII, the social investment arm of The Big Issue, provided investment to Smile Together CIC, a local employee-owned social enterprise and Community Interest Company, in late 2018. The investment is helping to finance the refurbishment of a former grammar school into a purpose-built dental centre for the community.

The opening of the centre, located on Harleigh Road in Bodmin Cornwall, will increase access to emergency, specialist and routine dental care, provide enhanced access and facilities for all patient groups, and also increase the availability of preventative support, education and treatment programmes. An adjoining part of the building will eventually house other local businesses, promoting further financial sustainability for Smile Together.

Venture Capital firm Boundary Capital has invested £200,000 in Torsion Information Security, a disruptive cyber security company, delivering Secure Data Access Control. The London start up helps businesses get control of ‘who has access to what’, among massive collections of files, folders and sites.

Inappropriate access to data is a leading cause of information security breaches. Torsion uses Machine Learning to seamlessly engage business users in the security of their own information, to precisely control access and drive robust security outcomes for the business.

Palamon Capital Partners, one of Europe’s leading growth private equity firms, has announced that it has elected Philippe Arbour to the Partnership, 

Firefly, a suite of school learning tools used in 40 countries and first developed by co-founders Simon Hay and Joe Mathewson while preparing for their GCSEs, has secured £5 million funding from Downing Ventures, alongside BGF and Beringea.  Firefly has the potential to cut school administration by 50 per cent and connect teachers, students and parents to share lesson plans and assign and review homework directly, both in and out of the classroom. In partnership with other best of breed tools, such as content providers, Firefly aims to create one, simple to manage, school ecosystem.

BGF, the most active investor in small and mid-sized businesses in the UK, has expanded its Midlands investment team with the appointment of Tom Horton.

InMotion Ventures, Jaguar Land Rover’s venture capital fund, has announced its investment in Urgent.ly, the connected roadside assistance service supported by a cutting edge technology platform.

The Dream Corporation has secured $1.1 million of investment to introduce a new leisure and hospitality concept with immersive entertainment at its heart.

The investment is led by Imbiba, a specialist investor in the UK leisure and hospitality sector via the Imbiba Leisure EIS Fund, and is supported by tech angel investors, with growth plans across major UK cities.

The funding will enable the team, led by alumni from McKinsey, Oval Space and Milk & Honey, to build exclusive virtual reality experiences. The first of these is to be installed in OTHERWORLD, a permanent site scheduled for opening in Haggerston, East London, mid-2019.

Par Equity, the venture capital firm, has closed five investments worth £4.85m in just two days. The firm was lead investor and partnered with the Scottish Investment Bank on all five deals.

Aberdeen-headquartered SPEX Group Holdings Limited has secured a multi-million pound follow-on investment from its management team and BGF, the UK’s most active investor in growing businesses, to accelerate growth. BGF originally invested £5m in February 2014 to support the company’s expansion in international markets.

SPEX Group’s subsidiaries provide specialist explosive products and services to the oil and gas industry, including for downhole cutting, punching and abandonment.

Growth Intelligence has announced the successful close of a £1.7m investment round. The company received multiple offers with the round being led by 24Haymarket. Existing investors including MMC Ventures also participated.