16th September 2022
- 0 commentsOptalitix, the SaaS, data analysis and AI company that enables insurers to turn their legacy excel-based processes into online systems, has received £4m in a funding round led by Calculus Capital.
16th September 2022
- 1 commentsBritish Design Fund's recently closed Fund 4 is now open for applications from entreprenrus seeking investment.
9th September 2022
- 0 commentsWealth Club has announced realisations from two investments arranged by Seneca in the space of a month, returning capital and profit back to investors.
19th August 2022
- 0 commentsThe British Design Fund is delighted to welcome two experienced investors to its Investment Committee. Meeting regularly to select the very best British purpose-led product design and manufacturing start-ups the Committee welcomes the breadth of experience and knowledge that our two new members bring.
15th July 2022
- 0 commentsUniversity spinouts [1] that emerged from research council investments and receive funding from both the British Business Bank and Innovate UK are more likely to have better business and employment outcomes according to a new report published today.
The ‘Backing innovation-led businesses: the role of public investment’ report, published by the British Business Bank and UK Research and Innovation, including Innovate UK, explores the role of public funding and financing of innovation in the UK.
8th July 2022
- 0 commentsFurther, a London-based startup has launched its investment platform, designed to connect retail investors with high-quality venture capital funds, at scale and with minimum investment levels never seen before in the market. This enables many new retail investors to invest in venture funds, from as little as £1000.
1st July 2022
- 0 commentsMagical Mushroom Company, the sustainable packaging challenger harnessing the magic of mushrooms, has raised £3m in seed funding to scale its eco-friendly packaging solution. The round was led by Ecovative Design LLC with participation by Dale Vince, founder of Ecotricity – the world’s first green energy company; Robert Del Naja, the renowned activist – artist and musician; and Marcus Watson – an co-founder of Adoreum Partners, who brought 30 investors in.
17th June 2022
- 0 commentsAn increase in the overall volume and value of deals coupled with high levels of co-investment in Welsh businesses has resulted in a strong performance by the Development Bank of Wales in 2021/22 according to the latest figures that have been published this week.
10th June 2022
- 0 commentsMerge, has raised $9.5 million in a seed round to develop its API-based banking and payments platform, bridging the gap between fiat and crypto ecosystems.
Merge addresses the struggle that many companies in the crypto economy face in being able to access traditional financial services without the hefty fees and poor functionality that are usually associated with these services.
27th May 2022
- 0 commentsUK-based space services startup, Gravitilab, is on a mission to make conducting research in space more accessible and affordable. The company has just secured a £100k investment from British Design Fund.
20th May 2022
- 0 commentsSFC Capital has made a new investment in Blue Skies Space Ltd to further accelerate its first satellite development, Twinkle, with manufacturers ABB and Airbus, preparing the company for its Series A funding round.
20th May 2022
- 0 commentsChallenger bank, Recognise Bank, will benefit from £8.7 million in new capital following the latest successful round of fund raising by the City of London Group (CoLG), the Bank's parent company.