NorthEdge and The Belfield Group have completed the sale of Usleep, a specialist mattress manufacturer, to The Vita Group a manufacturer of premium foam products, for an undisclosed sum.

Maidenhead based company, Made for Drink, has secured a £300k loan from the Thames Valley Berkshire (TVB) Funding Escalator to develop its product range and enable the creation of 13 new jobs.

James Murdoch uses some examples to illustrate both the full potential of success but also the reality of risk from companies in his portfolio.

Invest Europe, in partnership with the European Investment Fund (EIF), has published ‘The VC Factor - Pandemic Edition’, 

A London-based, textile brand which promotes, social, ecological, and cultural development has secured £250,000 to further develop its products and recruit additional senior staff.

London-based Ananas Anam UK Limited secured the finance from the Greater London Investment Fund (GLIF), provided by The FSE Group and backed by the Recovery Loan Scheme (RLS). The company is the creator of PIÑATEXÒ, an innovative material made from pineapple leaves, a by-product of the pineapple harvest.

Sunamp, the thermal storage technologies company, has  received a 6 million-pound ($8.3 million) convertible loan note investment from the Scottish National Investment Bank. Sunamp will use these funds to increase its sales in the UK, scale up production, and to accelerate international expansion into China, the Americas and continental Europe.

Poor mental health has grown to be a global crisis, with 1 in 5 people experiencing common mental health symptoms like anxiety and depression in any given year¹. In the search for more effective and accessible treatments for mental wellness, renewed scientific and commercial interest in psychedelic medicine is now leading to rapid advancements in psychedelic models of care for mental health. Founders Factory and Woven Science have announced a unique partnership to invest in groundbreaking startups that have the ability to redefine mental healthcare and build new solutions that make sustainable well-being accessible to all.

Angel Investment Network, the world’s largest online angel investment platform, has launched its Private Equity and Venture Capital division, AIV Capital

Tax efficient investment manager Deepbridge Capital has announced an exit for investors in its Deepbridge Renewable Energy Enterprise Investment Scheme (EIS) fund.

Marketplace ‘super seller’ and tech startup, Boulevard, has closed a £2.2m seed investment from early and growth-stage VC, Fuel Ventures, following an exceptional 12 months. 

AIM-listed Hardide plc (“Hardide”) has secured a £250,000 funding package from the Midlands Engine Investment Fund (“MEIF”) East & South East Midlands Debt Finance fund, managed by Maven Capital Partners (“Maven”) and backed by the Coronavirus Business Interruption Loan Scheme (CBILS).

As the spotlight shines on the UK tech sector for the second day of London Tech Week, Tech Nation, the UK’s leading growth platform for tech scaleups, has announced 15 new companies selected to join the Future Fifty programme - Tech Nation’s growth programme for late-stage digital businesses.