Bramble Energy, the world’s most scalable hydrogen fuel cell company has raised a £5m Series A round. BGF led the round and was joined by existing investors including IP Group, Parkwalk Advisors, and UCL Technology Fund.  Bramble Energy has developed the only technology capable of producing gigawatts of hydrogen fuel cells using existing global manufacturing resources, dramatically reducing the time to market and investment needed versus existing fuel cell designs. Hydrogen fuel cells generate electric power from an electrochemical reaction rather than combustion, thereby eliminating carbon emissions from the power unit and producing only water and heat as by-products.

Enterprise IT managed services organisation DSP and Leeds-based Explorer UK, an Oracle consultancy, development and support provider, have been brought together to form one of the largest independent Oracle partners in the UK. 

To say the world has been shaken in the past four months is an understatement. 

With the arrival of Covid-19, the vast majority of us have been working from home for the past few months. 

eFront, the leading financial software and solutions provider dedicated to Alternative Investments, has published its latest annual Global Private Equity Performance Series, which shows that Western Europe consolidated its global lead in private equity, with LBO funds further improving their performance during 2019. Overall, 2019 was a positive year for global private equity performance, with most regions seeing rising returns as well as falling risk.

Symetrica, a manufacturer of radiation detection products for military and homeland security applications, has closed a £4 million funding round. The round was led by Parkwalk, the leading investor in startups spun out of UK universities – with participation from other existing Investors and the management team - and includes a provision for a further £2 million commitment from a specialist defence and security investor.

Liopa has successfully achieved funding from Innovate UK in its “Funding Competition for Business-led Innovation in Response to Global Disruption.” The financial award is part of a £40m package from the UK government to bolster technology and research-focused companies who are working to build resilience during the Covid crisis. 

BGF, the UK and Ireland’s most active investor in the Growth Economy, has backed 24 new companies in the first half of the year whilst continuing to actively support its portfolio. Total H1 investment stands at £177m and includes £128m into new portfolio companies and £49m into existing portfolio companies. 

Humanloop, a game changing UCL spinout, has attracted investment from UCL’s Technology Fund (UCLTF). Based on the world-leading research of two notable academics at UCL’s AI Centre Humanloop is teaching AI to improve performance with 10 times less human training than existing systems.  The UCLTF has invested in Humanloop to help the team, which includes Professors David Barber and Emine Yilmaz, to build software that can train AI models to reach high levels of accuracy while using smaller datasets through better interaction with their human users.

Green Angel Syndicate has completed an investment in online, sustainable grocer, Good Club, as part of a £900k raise. Good Club is an online grocer, selling over 2,000 sustainable staples (70% ambient food, 30% non-food), delivered to consumers nationwide direct from wholesalers. The next step in its mission to help people live more sustainable lifestyles is to aim to become the world's first zero-waste online supermarket by developing reusable product packaging along with logistics technology to tackle the single-use plastic crisishead-on.

The Aviation X Lab, situated in AREA 2071 within the Dubai Future District, is an aviation initiative led by Emirates Airline, Thales, Collins Aerospace, GE Aviation and Airbus.