EcoMachines Ventures Managing Director, Ilian Iliev gives some compelling reasons why investors should back Smart Cities.

The University of Surrey’s S100 Club – the evolution of the Surrey 100 Club angel investment network – announces significant developments to attract more investors and technology businesses seeking investment.

Acceleris has advised upon the completion of a £2.9m funding round into Power Roll’s novel energy creation and storage technology from existing shareholders and High Net Worth Individuals.

Power Roll Limited have developed proprietary technology that offers a manufacturing platform to develop paper thin, flexible power generation and energy storage devices. The energy storage technology has the potential to disrupt the market and possesses the following fundamental technology advantages inlcuding higher specific energy density than existing capacitors and supercapacitors, significantly lower cost and size than existing devices and enhanced lifetime for certain applications.

Flexioffices, one of the UK’s leading serviced office brokers, has secured £8.2 million of investment from NVM Private Equity as part of the funding package for a management buyout. The investment from NVM will help to accelerate Flexi’s international growth and drive continued development of their technology. The deal is NVM's second management buyout from NVM Private Equity Vintage III LP.

Kreston Reeves has strengthened its Corporate Finance practice and announces its merger with Surrey-based corporate finance boutique SamCorp and the appointment of Jack Clipsham as Corporate Finance Partner.

• 51 per cent of Private Equity and Real Estate managers are less than satisfied with their current level of cybersecurity
• Over half view investing in their own firm’s technology as a high priority for the coming year
• Managers expect data management technology and AI to transform the way private equity operates
• Legacy systems and a lack of technology leadership and skills are identified as major barriers to innovation

Masters of Pie, a London-based early stage technology firm specialising in virtual and augmented reality software for manufacturing and wider enterprise solutions, has secured £1.6 million funding led by venture capital firm Downing Ventures to accelerate product development and extend commercial partnerships.

Motorway, the UK’s first price comparison website for selling your car, today announces it has secured £2.75 million in seed funding.

Launched in 2017, Motorway enables car owners to compare multiple instant offers for their vehicle and find the best deal in seconds – bringing speed and transparency to a previously frustrating process.

Transaction Network Services (TNS) has hired telecommunication industry veteran Bill Versen to the newly created position of Chief Product Officer. 

Hailo, a company developing a proprietary chip for deep learning on edge devices, today announced the completion of a $12.5 million Series A round. The company’s investors include Ourcrowd.com, Maniv Mobility, the Drive accelerator fund: Next Gear; as well as angel investors, Hailo Chairman Zohar Zisapel and Delek Motors CEO Gil Agmon. The company will use the funding to further develop its deep learning processor, which will deliver datacenter processing capacity to edge devices. This latest funding round brings the total raised to date by the Tel Aviv-based company to $16 million.

The Derivatives Service Bureau today announced the members of its newly formed Technology Advisory Committee (TAC). The mission of the TAC is to provide guidance and recommendations to the DSB Board on technology implementation and investment to support the DSB role as a critical market infrastructure for providing financial instrument identifiers. As part of the DSB governance structure, it will also enable the DSB to sample industry sentiment regarding potential changes in services or performance.

Paul Misener, VP of Global Innovation and Policy at Amazon.com is joining