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28th October 2021 - 0 comments

Budget roundup - comments from a range of perspectives

A number of experts have submitted comments on yesterday's budget; a selection of them is below:

28th October 2021 - 0 comments

Green Angel Syndicate Climate Change Fund III now raising

Green Angel Syndicate Climate Change Fund 3 is now raising between £500k and £2m.  Visit Funding for for Entrepreneurs for more information.

 

28th October 2021 - 0 comments

Lack of cross-border investing by Angels harms innovation

The EU lags behind both the US and China in its number of high growth entrepreneurial firms (HGFs). These firms play a critical role in economic development as sources of innovation, investment and employment.

27th October 2021 - 0 comments

Altia acquires field intelligence and evidence software business

 

NorthEdge-backed Altia has acquired VeriSaaS, a field intelligence and evidence collection software business.

 

27th October 2021 - 0 comments

Getsafe receives European Insurance Licence

The digital insurer Getsafe received its insurance licence from Germany's financial regulator, BaFin. The licence will allow Getsafe to accelerate its expansion to the rest of Europe.

27th October 2021 - 0 comments

Low Carbon Innovation Fund 2 makes follow-on investment in Spark EV Technology

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a follow-on investment by Low Carbon Innovation Fund 2 (LCIF2) in its existing portfolio company, Spark EV Technology. The investment is part of the company’s £250,000 capital raising round involving both existing and new shareholders. 

27th October 2021 - 0 comments

ACF Investors passes landmark 100th startup investment

ACF Investors, the UK venture capital fund that works alongside sector expert business angels to invest in high potential businesses, has passed its 100th company investment. 

27th October 2021 - 0 comments

UK greentech bridges gender funding gap - Female Founders Forum report

Female founders raise only 15 per cent of all equity funding, which is a shortfall of £1.6bn per year, according to a report published by the Female Founders Forum, a partnership by think tank The Entrepreneurs Network and Barclays. In Inspiring Innovation, the think tank calls on the Government to close the gender funding gap and provide more opportunities for women to be inspired into entrepreneurship.

27th October 2021 - 0 comments

Pharmacierge raises £1.25m seed funding

Pharmacierge, the healthtech company that offers same-day prescription medicine delivery in London and next day delivery throughout the UK, has raised £1.25m from a number of leading clinicians and angel investors.  Investors include Alex Chesterman OBE, founder of Cazoo and Zoopla and Simon Franks, who co-founded Lovefilm. In a show of confidence from the medical profession, many practitioner users have also invested in the round, 

27th October 2021 - 0 comments

BGF exits investment in high-growth tech business, Lightfoot

BGF, the UK and Ireland’s most active investor, has announced a successful exit from Lightfoot, a fast growth business that creates connected vehicle technology. The Exeter-headquartered company has been acquired by Volpi Capital in a deal that has delivered a 3.1x MM return for BGF and an IRR of 51%.

27th October 2021 - 0 comments

Traced receives investment from Henley Business Angels members

Traced, a SaaS company that delivers cybersecurity powered by artificial intelligence for mobile devices to protect businesses from data breaches, has received investment from several Henley Business Angels members and guests, contributing to a total funding round of £400,000.

27th October 2021 - 0 comments

Xergy successfully closes £4.25 million investment

Xergy Group Limited (Xergy) has announced the closing of a £4.25 million Series A+ fundraise to significantly scale-up Proteus, its software-as-a-service (SaaS) work automation management offering.

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