The Finance Durham fund has completed a £650,000 investment in Consett-based biomass energy plant, SDS Inc Limited. 

Comtek will use the £500,000 investment from the Development Bank of Wales to invest in the manufacturing of cutting edge fibre optic transmission products.  Established in a garden shed in 1989 by the current Chief Executive Askar Sheibani, Comtek Network Systems UK Limited has grown from a one-man-band computer repair business to a pan-European provider of repairs, spares and support to the telecoms, datacoms, and network service industry.

Five new participants have joined Cdify, the London-based RegTech incubator.

SMEs are less optimistic than a year ago and cite finding skilled staff, red tape and political uncertainty as their biggest barriers to growth, according to research from Albion Capital, the independent investment manager. 

An overwhelming majority of people in the UK have no idea about whether the reputation of fintech is positive or negative, strongly suggesting a general lack of understanding of what the industry is.

Cardiff-based software firm Paperclip has secured over £500,000 in their latest funding round. The round was led by existing investor the Development Bank of Wales, with additional funding from a consortium of angels including GoCompare founder Hayley Parsons and the ex-CFO of the Financial Times Tim Ward, who was also part of the team that sold Friends Reunited to ITV in a deal worth £175 million in 2005.

Stakeholderz and Intramezzo will be hosting an exclusive networking event featuring guest speaker Ron G Holland, Business Mentor and Mind Power guru, on 27^th February at Moorgate.

Blueliv, Europe’s leading provider of enterprise-class cyberthreat intelligence solutions, has announced it has raised €4 million in Series A funding, made a senior appointment and relocated its Barcelona headquarters to help capitalize on growing customer demand worldwide. 

Patient capital investor BGF is set to open a permanent office in Wales as it continues to scale its operations across the UK & Ireland. 

Rezatec, the leading provider of geospatial data analytics to the Infrastructure, Forestry and Agribusiness sectors, has announced completion of the second phase of a £2m financing round. 

Informatics Ventures, Scotland’s technology entrepreneur sup-port programme, has picked 60 early stage companies for EIE18 at McEwan Hall, Edinburgh on Thursday 19th April

Sapphire Capital Partners was named best SEIS Manager at this year's EISA Awards on 6 February.