Following investment from a number of former industry leaders, tech platform Bowimi has grown its development capabilities to expand in the hospitality sector. Bowimi’s platform enables seamless collaboration between brands and venues to deliver memorable product sampling experiences in real-time. Running up to the COVID-19 lockdown they enjoyed a string of successful campaigns and were runners up out of over 200 start ups in the Diageo innovation competition at MADFest. Founders Dan Ghadimi and Dom Bowcock first created Bowimi when they saw the challenges FMCG brands faced when trying to reach the right consumer, in the right place, at the right time.

Maven Capital Partners, one of the UK’s most active private equity houses, has led an investment through its managed VCTs, alongside the Scottish Investment Bank, in Quorum Cyber Security Limited, an award-winning cyber security firm, providing professional and managed security services to companies across the UK, Europe and the Middle East. The funding will be used to further scale the business, investing in sales and marketing resource, as well as product innovation, to ensure Quorum’s clients can confidently operate within an increasingly hostile cybersecurity environment.

FLX Distribution, the first and only professional network technology platform bringing together asset management firms and independent distribution professionals, today announced that it has closed a $2.5 million seed round, named two leading industry executives to its new Board of Directors, and added to its existing Advisory Board. 

The Universities of Birmingham and Warwick have created a new spinout company, 4D Medicine Ltd, to commercialise a new class of materials – liquid resins that can be printed into solid 3D scaffolds to help patients recover from major medical procedures more quickly. 

Silverfleet Capital, the pan-European private equity firm, is pleased to announce the appointment of Dr. Christian Süss as a Partner in its Munich office.

British Patient Capital announces a cornerstone commitment of $65m to SV Health Investors’ latest fund, SV7 Impact Medicine Fund (IMF), to turn scientific breakthroughs into biotech companies producing high impact precision medicine drugs for poorly treated diseases.

500 Startups, the most active global early-stage venture capital firm,  released survey findings that reveal how more than 100 founders view environmental, social, and governance policies in light of recent events. The survey found that for the majority of founders who do not currently have ESG policies in place, recent events, namely the Black Lives Matter movement, have made such founders want to implement ESG policies and practices relating to diversity and inclusion. 

The Coronavirus lockdown decimated economies all over the planet, but while some stock markets are showing signs of recovery, the UK’s FTSE 100 is taking longer to bounce back.

Neurovalens, a global healthtech company headquartered in Belfast and San Diego, has raised £5.1 million in funding, led by IQ Capital. Wharton Asset Management Company, The Angel CoFund (ACF), Techstart Ventures, Clarendon Fund Managers, and the Government’s Future Fund also contributed to the funding round, which will be used to expand on the success of Neurovalens’ initial clinical trials and develop the technology’s application for other conditions.

Withers tech has represented Draper Esprit, one of Europe's leading VC funds, on the Series C funding round in fraud detection business Ravelin.

Leading digital health start-up Gendius has raised £250,000 on leading crowdfunding platform, Crowdcube, as downloads of its remote diabetes platform for diabetes, Intellin®, have also reached 250,000. Gendius has now overfunded on Crowdcube by over 500% 

Private equity firms invested in a record 464 companies in Central and Eastern Europe in 2019, with investment increasing by 7% year-on-year to €2.95 billion, as the industry strengthened its commitment to the SMEs and start-ups that are fueling the region's economic growth and innovation, according to Invest Europe data.