17th December 2018
- 0 commentsStartups had a chance to pitch to clean energy company Fortum on a moving electric vehicle during the Finnish startup event Slush. With Pitchalong Shuttle Fortum seeked for partnerships with sustainable and innovative startups in order to find digital solutions for tackling climate change.
17th December 2018
- 0 commentsdott, the European micro-mobility company, announces today a €20 million early stage funding round. The investment has been co-led by the EQT Ventures fund, a leading European multistage VC fund with commitments of just over €566 million, and Naspers, a global internet and entertainment group and one of the largest technology investors in the world, through its Naspers Ventures division. Other investors include Axel Springer Digital Ventures, DN Capital, Felix Capital, FJ Labs, U-Start Club and angel investors. The investment will be used to finance the launch of dott’s uniquely designed eScooters and eBikes across European cities.
17th December 2018
- 0 commentsYFM Equity Partners has sold its stake in Mangar Health Limited for an undisclosed sum to Winncare Group Ltd, a leading French medical device company, delivering a 2.7x return to investors.
Mangar Health designs, manufactures and supplies inflatable bathing and lifting devices, which protect carers from injury and promote independence for people with limited mobility. With a global reach into America, Canada and Australia, Mangar Health also offers a wide international distribution network and additional opportunities in healthcare markets such as emergency services. The Company is led by CEO Simon Claridge and his team of Finance and Operations Director Craig Butcher, Commercial Director Andrew Macphail and Marketing Director Clare Birt.
17th December 2018
- 0 commentsGoldex, the first smart trading app that powers ethical pricing for retail gold investments today announced it has raised over £1 million in a pre- series A round led by a group of prominent angel and institutional investors in the financial, payment and technology sectors.
Amongst those participating in the round are Prepaid Financial Services, one of Europe’s largest payment card issuers; Gae?l de Boissard, former Executive Board Member of Credit Suisse; Richard Balarkas, former President and CEO of Instinet and current NED at CBOE Europe and Saxo Capital Markets; Craig James, founder and CEO of Neopay and Chairman of the Board of the Prepaid International Forum, the industry body representing e-money and payment service companies.
14th December 2018
- 0 commentsA Coventry-firm responsible for creating a web platform that provides online services for general medical consultations and prescriptions has received a £1million funding package. This will allow The GP Service (UK) Limited to create over 60 new roles by 2023 - a five-fold increase in the team’s current size.
14th December 2018
- 0 commentsWandelbots, the company that is democratising robotics with demonstration-based teaching, has secured a €6 million Series A funding round from Paua Ventures, the EQT Ventures fund and existing investors. The funding will be used to grow Wandelbot’s team and expand the company’s global presence. One year after launch, Wandelbots is already working globally with automotive and electronics manufacturers, such as Volkswagen, Infineon and Midea
14th December 2018
- 0 commentsMaven Capital Partners has further expanded its investment team with the appointment of Gareth Price. Joining as an investment director, Gareth is responsible for sourcing VCT opportunities, investments for Maven’s MBO fund, and its private equity co-investor partner network in the South West, as well as managing portfolio investments in the region.
14th December 2018
- 0 commentsPopTopUK Limited, the UK’s leading online events marketplace, has secured a £615,000 equity investment from a syndicate led by Dow Schofield Watts Angels, the Northern angel network, and Northstar Ventures.
14th December 2018
- 0 commentsAngels Invest Wales has closed its second Wales Angel Co-investment Fund deal with a £400,000 seed investment round in Digital Asset Services (DAS).
Completed by lead investor Ashley Cooper, the angel syndicate includes Paul Teather of Pragmatica and Phil Buck of SunnyBarn Investments. The round also includes VC firm Hambro Perks Insurtech Gateway (HPIG)
Launched in 2018, DAS is led by CEO David Janczewski, who spent several years leading The Royal Mint’s blockchain-enabled digital gold initiative and providing advice to other blockchain projects. Working with co-founders Adam Smith and Ben Davis, the team are well advanced in developing a security and insurance product, built on blockchain infrastructure, that reduces the risks of holding and using cryptocurrencies.
13th December 2018
- 0 commentsThe Riverside Company has signed a definitive agreement to sell DPA Microphones (DPA), an Allerød, Denmark-based developer and manufacturer of high-end microphones, to RCF Group (RCF). DPA’s products are trusted by demanding professional users across the world for use in theater, broadcast, live and studio applications.
13th December 2018
- 0 commentsLNC Therapeutics, a French biotech company specializing in gut microbiome-based drug discovery, has expanded its Board of Directors,
13th December 2018
- 0 commentsMid Europa Partners, the leading private equity investor in Central and Eastern Europe, has entered into an agreement to acquire intive S.A.from Enterprise Investors. The transaction is subject to customary competition clearance and is expected to close in Q1 2019.