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10th June 2019

Praetura Ventures closes maiden EIS fund at £15 million

Praetura Ventures today has closed its 2019 Enterprise Investment Scheme (EIS) fund at £15m, making it the largest-ever maiden EIS fund. It will use the money to help address the £300m venture funding gap in the North West of England. The £15m investment vehicle will back 8-10 tech-enabled early-stage businesses predominantly in the region, who will use the capital to hire key staff, invest in new technologies and, ultimately, scale.

10th June 2019

EMV Capital portfolio company Q-bot secures £3m funding

London-based Q-Bot, an EMVC portfolio robotics company that has developed a solution to remotely apply underfloor insulation, has successfully completed a £3m Series A investment round to fund the next stage of its growth.

Q-Bot has developed a range of robotic and AI technologies that can survey, maintain and upgrade buildings. Q-Bot uses robots to apply underfloor insulation underneath suspended floors to improve their energy efficiency and comfort with much less disruption and cost than traditional methods. Q-Bot’s customers include housing associations, local authorities, private homeowners and landlords.

6th June 2019

Why the future looks bright for EIS investment in the media and creative industries

Dan Perkins, a Director at Great Point, the UK’s leading independent media and investment firm talks about the opportunities in film and media investment and why the sector's future looks brighter than ever. 

5th June 2019

Calculus Capital and Stargrove Pictures launch ‘new breed’ creative content fund

Calculus Capital and Stargrove Pictures have launched a new EIS fund in association with the British Film Institute (BFI) to help deliver vital funding for the UK’s most promising screen content companies.

22nd May 2019

Great Point backs Seven Seas Films to support growth

Great Point, the UK’s leading independent media and investment firm, has invested in Seven Seas Films, an independent TV production company whose team has a track record of producing high-quality scripted drama and comedy that has led to a number of hit TV shows.

Great Point’s backing will combine financial investment with its unrivalled media industry expertise and contacts to help Seven Seas take advantage of the buoyant market for high-end scripted series and build a valuable slate of IP and a production hub for returning series and new formats.

21st May 2019

Blu Wireless raises $16.6 million in growth funding

Blu Wireless has raised £12.7m ($16.6m) in a growth funding round led by existing investors Arm, Calculus Capital, Kendall and MGL, and including major new investor Guinness Asset Management. The investment will be used to scale the worldwide deployment of devices exploiting Blu Wireless’s HYDRA mmWave technology across a range of 5G applications.  Blu Wireless is already working with tier-1 telecoms infrastructure providers and leading semiconductor companies in the US, Japan, the UK and mainland Europe as they look to deploy HYDRA based devices within applications demanding 5G levels of bandwidth and low latency connectivity. 

21st May 2019

Deepbridge Capital appoints Head of Corporate Finance and adds three to investment team

Deepbridge Capital has appointed Samantha Piddington as its new Head of Corporate Finance. Deepbridge has also added three further individuals to its investment team.

20th May 2019

SEIS/EIS: great tax benefit democratised or too great administrative hassle and risk?

 

In his second article, James Murdoch considers the substantive advantages of SEIS/EIS for UK investors and whether the administrative aspects of these reduce some of the benefits or add to the risk of investing.

 

20th May 2019

Calculus invests £2.5m in management software company Wazoku

Calculus Capital hahs mamde a £2.5m investment in Wazoku. Wazoku’s main product is Idea Spotlight, an idea management platform used by enterprise clients including the UK Ministry of Defence, John Lewis & Partners, HSBC, and Aviva. The goal of the platform is to capture, evaluate, improve and implement ideas from across any audience, whether that’s employees, customers, partners, the general public or another group of stakeholders altogether.

16th May 2019

Foresight invests £2.1 million into energy tech pioneer Synaptec

Foresight Group and Williams Advanced Engineering have made a £2 million investment, as part of a £2.9 million growth round, into the disruptive technology business Synaptec Ltd. The Foresight Williams Technology EIS Fund led the round alongside £100,000 from the newly created Foresight Scottish Growth Fund financed by the Scottish Growth Scheme through a combination of Scottish Government funds and the European Regional Development Fund (ERDF), and £800,000 from existing shareholders, including The Scottish Investment Bank, the investment arm of Scottish Enterprise, Equity Gap and the University of Strathclyde.

15th May 2019

Triple Point impact EIS investments rise to £1.7 million

Triple Point has invested nearly £1 million of funding to back the latest two companies in their Impact EIS Investment Fund. The fund targets fast-growing companies in the health, environment, youth and inequality sectors that are having a positive social impact, and are expected to generate significant capital growth.

The Impact EIS fund has invested £525,000 in GripAble, a company that has developed a digital hand grip to help rehabilitation for people living with a range of upper limb impairments, and £400,000 in We Are Digital (WaD), a digital and financial training provider, targeting the estimated 3 million people in the UK who lack digital skills to access services online.

3rd May 2019

Hambro Perks launches EIS eligible co-investment fund

The London based venture firm, Hambro Perks, have recently launched a Co-Investment Fund that is EIS eligible

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