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13th October 2021 - 0 comments

Zouk Capital backs initial £30m investment in EV charging company Zest

Zouk Capital has committed an initial £30m investment to launch a new public EV charging company called Zest, supported by the Charging Infrastructure Investment Fund (CIIF). Zest intends to democratise EV ownership by rapidly filling the gaps in the UK’s maturing EV infrastructure.

Today’s EV infrastructure has evolved to serve early adopters, prioritising home driveway and rapid en-route charging. The Zest mission is to make the shift to EV a realistic option for everyone, by rapidly growing a network that makes fast charging available where people regularly park for more than 30 minutes, whether it is when shopping, at leisure or at work.

13th October 2021 - 0 comments

Which are the best cities to launch a startup?

The world’s most entrepreneur-friendly cities have been revealed in a new report by the personal finance experts at money.co.uk.

13th October 2021 - 0 comments

Arete leads £1.6m investment in social media travel firm Travel Seen

North west-based multi-family investment office Arete, has led a £1.6m investment into Travel Seen, an early stage business co-founded by award-winning entrepreneur and travel professional, Jen Atkinson.

13th October 2021 - 0 comments

Top 50 UK tech firms announced to join the 2021 SVC2UK Scale Up Club

Silicon Valley Comes to the UK (SVC2UK) has unveiled its annual list of the 50 most ambitious, high-growth technology businesses in the UK joining the 2021 ‘Scale Up Club’. The club celebrates some of the UK’s fastest growing tech companies each year, providing unique opportunities to gain invaluable insight and mentoring from some of the world’s most high-profile business leaders and entrepreneurs. 

12th October 2021 - 0 comments

Getsafe extends Series B Round to $93 million

Getsafe, the digital insurer targeting millennial buyers in Germany and the UK, has expanded its Series B funding round to $93M. The company is now serving a quarter of a million customers in Germany and the UK, consolidating its position as Europe's largest neo-insurer.

12th October 2021 - 0 comments

Imophoron raises £4m led by Octopus and Science Creates

Imophoron, a developer of a novel, next generation rapid-response vaccine platform, ADDomer(TM), to combat present and future infectious diseases, has secured £4 million in an oversubscribed fundraising round. 

12th October 2021 - 0 comments

External finance used by four in ten businesses across the UK

More than four in ten businesses in the UK were using external finance in 2021 but a lack of local investors means economic potential continues to be wasted 

12th October 2021 - 0 comments

JPIN VCATS and Cambridge Cleantech partnership to support climate change startups

JPIN Venture Catalysts Ltd, a world-leading startup investment bank, has joined Cambridge Cleantech  as an ‘Investor in Residence’ with a lead focus on UK-India opportunities, alongside business leaders including fellow investors, corporates, entrepreneurs, academia and government.

12th October 2021 - 0 comments

Land Energy secures £6 million funding from IGF

Rapidly growing biomass fuel manufacturer Land Energy (LE) has secured £6 million in funding from Independent Growth Finance (IGF). The asset business lending (ABL) package includes invoice finance, inventory and equipment facilities. The significant working capital will enable the company to expand its operations and develop a new, clean-burning briquette aimed at the domestic solid fuel market.

11th October 2021 - 0 comments

GP Bullhound closes oversubscribed Fund V at €300m

GP Bullhound has announced that Fund V has closed oversubscribed at the hard cap of €300m.

11th October 2021 - 0 comments

Foresight provides £15 million debt facility to Reto Finance

Foresight Group, an award-winning listed alternative investment manager, has provided a senior secured debt facility of up to £15 million to Channel Islands multi-product specialist lender Reto Finance.

11th October 2021 - 0 comments

Bowers Electrical Engineering secures £250,000 funding

Bowers Electrical Engineering Services Ltd has secured £250,000 from Maven Capital Partners E&SE Midlands Debt Finance fund, through the Midlands Engine Investment Fund (MEIF) and backed by the Coronavirus Business Interruption Scheme Loan (CBILS).

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