2nd April 2020
Smart Separations, a leading specialist in innovative microfiltration (MF) technology, has signed up to the national SPRINT business support programme. SPRINT will provide Smart Separations with funded access to expertise from programme partner, the University of Surrey, to collaborate on the development of a unique approach to producing monopropellant thrusters for small satellite launches.
1st April 2020
A syndicate of investors including Banque des Territoires, Caisse des Dépôts, Engie Rassembleur d'Énergies, A/O PropTech, and Groupe Casino, have invested €6 million in Qarnot Computing to support its future growth.
31st March 2020
Symvan investee UnderPinned has hit its £500,000 crowdfunding target. The freelance career platform, launched its crowdfunding campaign on Crowdcube less than two years after launching and has so far raised just under £1.5 million. UnderPinned provides freelancers with a one-stop career management platform, covering everything from building a portfolio and creating watertight contracts to automating invoices and payments. Members are also granted access to partner services through Open Banking, including Digital Risks, which offers self-employed insurance and 24/7 legal counsel.
31st March 2020
Kernel Capital through the Bank of Ireland Kernel Capital Growth Funds II and Infinity Capital have led a €1.2m investment in Code Institute, a global EdTech provider. Founded in 2015 to tackle the widening ICT skills gap across Europe, Code Institute is now a leading global provider of online coding education with customers including BT, Facebook, Google and Hubspot.
30th March 2020
Added Value Solutions (AVS) Ltd, a world-leading designer and developer of bespoke equipment for large science and research infrastructure, has signed up to the national SPRINT business support programme to develop new valve technology for water-based satellite propulsion systems. AVS will work collaboratively with SPRINT partner, The Open University, on a project that will focus on delivering cleaner and greener alternatives to chemical propulsion systems for satellites, through the use of water.
30th March 2020
Marion Surgical, which works with surgeons from around the globe to build a next generation suite of surgical simulators through virtual reality, has received a £280,000 investment from GC Angels, part of the Growth Company and an angel investor, alongside grant funding from Innovate UK, following an introduction from MIDAS, Manchester’s Inward Investment Agency.
The Canadian company enables surgeons to learn, collaborate, practice and share procedures in a realistic, safe, cloud-hosted environment through virtual reality. The company has recently set up a UK entity based at The Landing in MediaCityUK, Salford and has plans to relocate some of the Canadian team to the region as well as hiring locally.
27th March 2020
The Link App - software designed to facilitate communication between law firms and their clients - has received significant investment from GC Angels as part of a larger funding round to accelerate growth and expand globally. The Manchester-based business was set up by qualified solicitor Lauren Riley, who noticed that clients were looking for faster responses from lawyers, more clarity on case progress and an overall better customer service experience.
26th March 2020
Foresight Group LLP and Belltown Power Limited have formed a joint venture to develop Belltown’s pipeline of greenfield onshore wind energy projects across the UK under the existing Belltown brand.
The JV aims to deliver more than 300MW of incremental clean electricity capacity to support the UK’s move to a net-zero power system. The pipeline is focused on sites with excellent potential for wind development, predominantly in Scotland and Wales, and will be developed on a merchant-only, PPA or CfD supported basis.
26th March 2020
Jenson Funding Partners has completed an investment in ZEUS a property valuation app which allows property owners to obtain fast & accurate valuations and also provides estate agents with quality leads. It works for both sales and rentals and is a truly unique platform.
25th March 2020
Funding London – the Mayor of London's investment vehicle – is being supported by several iconic mentors. Entrepreneurs and investors such as Sukhendu Pal and Steve Garnett will offer support and guidance to investments in the two funds, the London Co-Investment Fund (LCIF) and the Greater London Investment Fund (GLIF).
24th March 2020
Notify Technology – the Newcastle-based health and safety software business – has completed a £370,000 investment round to drive product development and expand its team. The company has secured further funding from the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, alongside investment from its Chair, Jayne Archbold, and existing management.
19th March 2020
RLC Ventures has made an investment has led a £500k seed round in Labworks.
Labworks are Europe's leading voice games studio for Amazon's Alexa; with over 6 million people collectively spending over 100 years playing their 8 games. Their impressive traction has also been met with disciplined capital efficiency.