NPIF - Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund, has invested £12 million in dynamic growth businesses across the Northern Powerhouse region since it launched, driving economic prosperity and supporting the creation of over 200 jobs. Following such a significant milestone, Maven has strengthened its team with the appointment of senior investment specialists Andy Round and Karen de Meza to increase the level of support to local companies across all stages of the investment process and for ongoing business support.

Chelverton Asset Management has completed its third transaction of 2018 on behalf of Members of its Investor Club service, with a £1m growth capital investment into Reading-based iDefigo.

SmallBusinessPrices.co.uk has compiled a list of the top 5 rising tech hubs in the world.  Boulder, Colorado in the United States tops the list highest business valuations and amount startup investors.  The top five covered 5 out of 7 of the world’s continents. For Europe, Sweden’s capital, Stockholm topped the list and Bangalore in India took the hotspot for Asia.

Ten years of investment, ten years of innovation: over the past decade, Robert Bosch Venture Capital GmbH (RBVC) has made a string of successful investments in tech start-ups.

The UK Business Angels Association has commissioned a new nationwide study to analyse the sentiment of investors towards the rising new-age trends that are set to dominate the tech landscape over the next decade.

Apex Housing Group, an innovative airspace property developer, has received a £6.25m investment from BGF to accelerate its growth ambitions in London’s growing rooftop development market, estimated to be worth up to £54bn.

Jupiter Diagnostics seeks £250k for a 4.5% stake in the company.  For more information please click on the image below. 

Innovate UK has offered £8 million to 13 businesses developing innovative solutions for the UK’s urban infrastructure, energy and transport challenges. The 13 businesses compete in a new global smart infrastructure market, estimated to be worth £1.2 trillion per year by 2025.

The round was led by Insight Venture Partners, a New York-based venture capital and private equity firm. Felix Capital, the London-based venture firm who led YOOBIC’s Series A in November 2016, also participated.

A Doncaster engineering firm which made the steel walkways for the sports complex in the 2012 Olympics has secured a £150,000 loan from NPIF - Mercia Debt Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund.

Universal Coatings will use the money to fulfil new contract wins and expects to create an additional seven jobs as a result. The company provides coatings for everything from swimming pools to steel structures and also offers a complete fabrication service. In addition to supplying fixtures for the Queen Elizabeth Olympic Park and other events, it has built many canal bridges and specialises in conservation work such as the restoration of statues and structures at heritage sites.

Sam Quawasmi, co-founder of global equity crowdfunding platform Eureeca, is urging UK and European businesses to take advantage of China’s ambitious development plans and to consider getting funding to expand into the region.

PIMFA, the UK wealth management and financial advice association, and TISA, the investment and savings membership organisation, have published their ‘MiFID II Feedback Template’ alongside a ‘Distributor Reporting Useful Guide’*.