30th November 2020
- 0 commentsTurquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its fifth deal for the Low Carbon Innovation Fund 2 (LCIF2). The investment in Kubos Semiconductors is part of a £760,000 round.
30th November 2020
- 0 commentsFunding Focus, the social enterprise seeking to level the playing field for female and ethnic minority entrepreneurs, returned on Wednesday 25 November with its second annual event. The conference supports the Funding Focus mission to raise awareness of the inequalities and biases that inhibit fairer fundraising by providing education to founders, investors, NGOs and governments worldwide.
30th November 2020
- 0 commentsEnvestors' Oliver Woolley discusses why angel investing should be considered by HNWs in a negative interest rate environment.
As we continue to deal with coronavirus restrictions, it is reported by Bank of Englandpolicymakers that the UK may be heading for negative interest rates . This would be a first in the bank’s 326-year history.
With interest rates already at 0.1%, central bank officials announced an additional £150bn stimulus package last week, in an attempt to boost consumer spending during the second wave of the pandemic.
Despite news of a vaccine, the BoE has taken the total stimulus to £895bn, as double-dip recession forecasts emerge.
27th November 2020
- 0 commentsNavenio, the UK healthcare scale-up, has announced a $1.1 million investment from Future Planet Capital to help revolutionise healthcare efficiency worldwide.
The Navenio solution, a spin-out of Oxford University, provides infrastructure-free indoor location solutions, the equivalent of GPS for use indoors, to power a range of apps and platforms in sectors including healthcare. Navenio is tackling the rising cost of healthcare with a tool that can increase workplace productivity by up to 100%, freeing up clinical resources for other high value tasks.
27th November 2020
- 0 commentsPrivate equity firm NorthEdge has backed the primary management buyout of Altia-ABM, a specialist investigation and covert operation software business.
Nottingham and Glasgow based Altia-ABM develops specialist investigation software for government departments and law enforcement agencies in the UK, Canada and Australia. The firm, which predominantly works with customers in the public sector, allows police forces and investigation teams to automate processes using technology, which reduces time and money spent on investigations and improves prosecution rates.
27th November 2020
- 0 commentsGresham House Ventures, a growth equity investor specialised in scaling businesses driven by technology, customer insight or service excellence, and Maven Capital Partners, one of the UK’s most active private equity managers, have invested in growing e-commerce deals business RevLifter.
27th November 2020
- 0 comments
The pan-European private equity firm Silverfleet Capital has agreed to sell its majority stake in 7days, a German supplier of workwear for the healthcare industry, to a consortium of private equity firms, Chequers Capital and Paragon Partners, generating a 3.1x gross money multiple. Completion of the transaction is subject to regulatory approval and is expected by January 2021.
27th November 2020
- 0 commentsEntrepreneurial Champion & Atlantic Rowing Philanthropist Guy Rigby has joined ScaleUp Group to #GrowGlobalChampions
26th November 2020
- 0 commentsM Squared, the photonics and quantum technology developer, has raised significant new financing of £32.5m as it expands its backers to support its growth and technology developments.
26th November 2020
- 0 commentsIP Investment Management, a Hong Kong-based boutique real estate investment manager and Maven Capital Partners, a leading UK property and private equity manager, have partnered to build Manchester’s first Hampton by Hilton hotel.
26th November 2020
- 0 commentsIcelandic airline software vendor Dohop has raised an undisclosed growth equity round from Scottish Equity Partners (SEP). With this investment, Dohop will be able to accelerate its plans to transform how airlines and other travel providers enable passengers to build complex itineraries as the global travel industry transforms in the wake of the Covid-19 pandemic.
26th November 2020
- 0 commentsBGF has completed a multi-million pound investment for a minority shareholding in a Teesside-headquartered Engineering Information Management (EIM) software company, Datum360, to accelerate growth and address significant market demand.
Datum360’s software platform connects disparate systems, providing a trusted data backbone which manages the life cycle of critical engineering and asset management data for a range of blue-chip customers from the fields of energy, mining, utilities, road and rail infrastructure.