Investors have pumped £300,000 into the company behind operations and issue management software used at golf’s Ryder Cup and athletics’ European Championships.

The funding for Glasgow-based Raven Controls is coming from business angels David Fletcher, Malcolm Jones and Clark Wilson.

The cash will be used to create up to five jobs at the company, adding to the teams in house development capability in addition to growing Raven’s sales and marketing.

Praetura Asset Finance Group (PAF Group), an asset finance lender based in Manchester, today announces it has closed a £75m securitisation facility with NatWest Markets. The rated facility will allow PAF Group to expand its origination capacity, enabling growth in its loan book to provide up to £200m to SMEs across the UK.

General Motors is taking a 35% stake in wejo, a Chester based 'connected car' start-up, originally backed by regional SME specialist, Seneca Partners.

The investment from GM makes wejo the most valuable British start-up in the connected car space. The landmark deal with GM includes a $25 million cash injection in addition to a long-term data-sharing agreement between the two companies. In total, the deal values wejo at $275 million.

BGF portfolio company MorphCostumes, the manufacturer and online fancy dress retailer behind the legendary Morphsuit, has hit the acquisition trail, taking the first step in a plan that will continue their strong growth from a base of over £12m in 2018 (up from £9m in 2017).

The Edinburgh-headquartered company has bought Fun Shack, which designs, makes and sells a range of costumes through Amazon and other online retailers, as well as through a network of over 200 shops.

Fuel Ventures  is offering entrepreneurs with their sights on Dragons’ Den the opportunity to pitch for investment ‘without the theatrics’.

Silverfleet Capital has strengthened its dedicated lower mid-market investment team with the appointment of Ricardo Sommer. 

Award winning, social enterprise Memory Matters CIC, which runs the Moments Café in the heart of Plymouth, has received investment of £100,000 to franchise its innovative training package enabling it to be delivered to more people.  The investment came from the Health & Wellbeing Challenge Fund (South West) (H&WCF), managed by social impact investment company Resonance.

Wine Vault, the company behind WiV, a blockchain-based trading platform for fine wines, has made a significant step towards long-term viability by attracting investment from Singapore-based Holland Park Capital. As a result of the move, Holland Park’s founding partner, Frank Holle, has joined WineVault’s board of directors and WineVault has opened an office in Singapore, extending its reach into Asia.

Kuber Ventures, the alternative investment platform specialising in EIS and SEIS, is announcing the addition of three new funds available to individual investors and advisers building diversified tax efficient portfolios on behalf of their clients.

Maven Capital Partners and NVM Private Equity have completed a £3.25 million equity investment in UK fintech start-up Mojo Mortgage, which aims to create a better mortgage experience by providing a full market comparison of mortgage providers and managing the process via a sophisticated technology platform from mortgage application to completion.

The investment, which has been equally funded by Maven and NVM, is part of a wider £7 million funding round, will support Mojo’s ambitious growth plans and help the Company further evolve its unique and intuitive platform to enable a more empowering experience for consumers looking for a new mortgage or associated insurance products such as income protection.

NVM Private Equity has invested £2.25 million of growth capital into Edinburgh-based software business Administrate as part of a £3.78 million investment round alongside existing investors Archangels and the Scottish Investment Bank. Administrate is a Software-as-a-Service Training and Learning Management Platform, designed to help manage and automate the entire process of delivering education. The investment will be used to accelerate the business globally and continue the development of its platform.

Administrate delivers its solutions to a fast growing global client base from Scotland, supported by offices in the United States and Lebanon. Clients use Administrate to solve the challenges of defining, delivering, tracking, analysing, and scaling learning within an organisation.  After implementing Administrate, customers realise huge time savings, and can drive strategic initiatives and successfully scale their offerings. In the past year, North American expansion has been a key driver for the company which now employs more than 80 people across its three offices.

Foresight has made a £5 million growth capital investment into Spektrix Limited, the UK’s leading provider of cloud-based ticketing, marketing and fundraising software for the arts.

The investment on behalf of Foresight VCT plc and Foresight 4 VCT plc will be used to accelerate product development and support Spektrix’s international expansion, particularly in North America where it is already working with nearly 100 arts organisations. As part of the investment, Foresight has taken a minority equity position in the company.