The past few months have been difficult for every business? Whether you’re an established behemoth or a young startup. Even thriving markets, such as ecommerce, have experienced challenges, such as scaling up deliveries to meet demand or keeping staff healthy.

Kemp Little has advised Thomson Reuters on its acquisition of CaseLines, a leading cloud-based court document and evidence management platform. 

Beckley Psytech, the psychedelic medicine company, has appointed a series of respected figures to its Scientific Advisory Board.

The British Business Bank has published Future Fund data that gives a detailed picture of the 590 companies that have been approved for £588.3m worth of Convertible Loan Agreements since the scheme was launched on 20 May. There have been 902 applications in total in the first three months of operations.  

Visit Funding Page for more information.

The UK’s 2 million plus landlords are facing a property management problem with no true oversight on the financial health of their rental properties. Hammock, the first current account for landlords and property managers, is fixing this problem and has raised £1million in seed investment from Fuel Ventures and Ascension Ventures to further develop its technology platform in order to give financial clarity to landlords and save them time and money. 

Nova Pangaea Technologies, the Teesside company which has found a way to use non-food biomass to make biofuels and other chemicals, has raised a further £900,000 from investors following successful trials of its technology.

Some 1.7 million small-scale farmers in Kenya, Nigeria and Pakistan will soon receive personalized agricultural advice through their mobile phones as a means to improve their incomes, food security and resilience to economic shocks caused by COVID-19, the International Fund for Agricultural Development (IFAD) announced today.

UK SME’s are at risk of 65,000 cyber security attacks daily – with around 4,500 of these being successful – and the figure could be much higher since the beginning of the Covid-19 pandemic.

As workforce strategies make a dramatic shift from hours-based to output-based performance metrics as Covid alters business models, investing in the right technology will be the crucial lever for success.

Final figures have been published by the Development Bank of Wales today for the £100m Covid-19 Wales Business Loan Scheme (CWBLS). The fund formed part of the wider £500m Welsh Government Economic Resilience Fund and provided working capital to businesses experiencing cash flow difficulties as a result of the pandemic.

Angel Academe has closed its investment in Salve as part of a larger fundraise.   Co-founded by Elin Ng and Charlie Kenny, Salve services fertility/IVF clinics in Europe, US and the ANZ region guiding patients through life-changing treatment and automating clinic workflows.  Sabita Gupta and Chris Connelly, who were deal leads for AA said, “as well as the business opportunity, we were impressed by the founders who handled pitching to us, due diligence, the birth of a child and running their business during this period with remarkable skill and grace.”