19 January 

Evonik Industries has invested through its venture capital arm in Nanotech Industrial Solutions, Inc (NIS), an EcoMachines Ventures portfolio company.

•     Venture Capital investment includes commercial agreement

•     Unique particle technology reduces friction and wear to significantly contribute to engine efficiency

•     Evonik’s Oil Additives Business Line expects access to this unique technology to bring high strategic advantage for future market opportunities

19 January

The disruptive mobile tyre fitting company TyresOnTheDrive.com today announces that it has secured up to £8m investment from Halfords, the UK’s leading retailer of motoring, cycling and leisure products and, through Halfords Autocentres, a leading independent operator in vehicle servicing, maintenance and repairs.

18 January 

Investment manager, Oxford Capital, has appointed Miles Kirby as a Director to lead investments in technology companies and further strengthen its growth investments team.  

17 January 

Bought By Many, the insurtech startup that uses social media and search data to offer insight-driven insurance to customers has closed a £7.5m Series A funding round. The round was led by Octopus Ventures, with Munich Re / HSB Ventures participating, as well as existing Bought By Many investors.

17 January 

Chesney’s, a designer, manufacturer and retailer of luxury fireplaces and wood burning stoves, has secured a growth capital investment from BGF.

13 January

A designer, manufacturer and distributor of bathroom fixtures and fittings has received a significant investment from BGF (Business Growth Fund). Halifax-based Ultra Finishing will use the funding for product development, expansion into new markets and to enhance its service proposition to accelerate organic growth.

13 January

BGF (Business Growth Fund) has announced its investment figures for 2016, detailing a record year for the company. In total, BGF has now invested in 165 companies. These businesses have a combined revenue of £4bn and employ over 30,000 people nationwide, a number which would make them the equivalent of the UK’s eighth largest private business employer. 

11 January

The Coalfields Growth Fund, which is managed by Enterprise Ventures, has achieved a significant return following the sale of ChargePoint Technology Holdings Limited, a leading manufacturer and supplier of valves and consumables for the pharmaceutical, biopharmaceutical and chemical industries to LDC.

10 January

Virtual1, a London-based cloud and connectivity service provider, has secured a £10m investment from BGF as it continues to pursue its growth strategy.

10 January 

Private equity fund manager and Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist Calculus Capital has invested £3m in Origin Broadband, an award-winning provider of internet and phone services.

10 January 

Octopus Ventures and EQT Ventures invest to improve access to drugs in development for physicians and patients. Former GlaxoSmithKline Chief Medical Officer appointed Chairman. 

10 January 

Investment manager Oxford Capital has completed the sale of high performance computing (HPC) specialist Allinea to global computer processor giant ARM.  The exit has delivered returns three times greater than Oxford Capital’s most recent valuation of its stake in the business and returned significant cash to investors.