Snaffling Pig, the category leading porky snack brand, has reached its £750,000 crowdfund target in just seven days.  Hosted by Crowdcube, a total of 821 investors – or “Swine Diners” – have supported the campaign, in exchange for a 7% stake in the business. With a business plan to hit £20m sales in the next three years, a potential overfund will mean the team can bring forward their ambitious five year plan of £30m in sales. 

Wagonex Limited, the car subscription marketplace platform is delighted to announce a significant equity funding round as it looks to bolster growth in the U.K. and beyond.

The investment round was led by the Development Bank of Wales technology ventures team co-investing with US investors and UK-based angels with a final close to complete after the summer.

Wagonex has been a leading name in vehicle subscriptions since its inception and now works closely with several global vehicle manufacturers.

GrowthInvest and Partners Wealth Management have launched a strategic partnership between the two organisations.

klarx, Europe’s leading online platform for construction machinery rental, has raised €12.5 million in a funding round led by B&C Innovation Investments GmbH (BCII), alongside existing investor Target Global. The funding will facilitate further product development and the company’s expansion into new European markets.  Founded in 2015 by brothers, Matthias and Florian Handschuh, together with Vincent Koch, klarx is a digital platform that seeks to make the supply of construction equipment easier, faster and more cost efficient for its users. 

Process Systems Enterprise (PSE), the leading supplier of predictive Advanced Process Modelling (APM) software and services to many of the world’s largest companies, including 60 Fortune 500 firms, is exiting the AlbionVC portfolio to join Siemens AG in Q4 this year, for an undisclosed amount.

Heartwood Investment Management, the asset management arm of Handelsbanken in the UK, has launched four sustainable multi asset funds designed to make sustainable investing accessible to everyone, regardless of portfolio size and risk tolerance, without compromising performance.

Symvan Capital, an EIS fund manager, has announced that B.heard, a pioneer in the monetisation of the European personal data economy, has been purchased by Sweetbridge Inc., an American company at the forefront of the blockchain economy.  

Hardman & Co is leading a new initiative to support (S)EIS funds entering the investment market. It has brought together a wide range of professional services providers with the specific aim of advising, educating and supporting new funds at the start of their journey. By understanding at the outset all the elements needed for a successful launch, the new entrant is in a better position to come to market faster and in a more co-ordinated way.

This month’s Start-up Spotlight, in partnership with The Invested Investor, features an interview with entrepreneur Iris Barcia....

Echopoint Medical Ltd, a spinout company from UCL, has raised £2.8m to develop optical sensing technology to help heart disease patients in a grey zone where the need for treatment is unclear.

Coronary heart disease is a major cause of death worldwide and more than 7 million* people have a diagnosis in the UK alone. Narrowing arteries caused by the disease are commonly treated by the insertion of tiny tubes called stents, but the process is both risky and expensive.

Karan Bilimoria, better known as Lord Bilimoria of Chelsea, the Indian born founder of Cobra Beer, will officially open the Festival of Enterprise on the 23 October at the NEC Birmingham.

NVM Private Equity has completed the management buy-out of Mobius Networks Limited (MNL), a market leading mobile virtual network operator, providing data connectivity services for Internet-of-Things (IoT) and Machine-to-Machine (M2M) applications across healthcare, transport and retail sectors. The investment from NVM will help to accelerate Mobius’ growth and drive continued development of its software and sales expertise.