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19th August 2019

Maven invests £2 million in high-growth FinTech provider Delio

Maven Capital Partners, one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited. The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America.

12th August 2019

Panoramic supports Manchester based Vaioni in next phase of growth

Panoramic Growth Equity, a leading equity investor in fast growing, entrepreneurial UK companies, has invested in a multi-million pound growth capital package from its second fund into multiple award winning internet connectivity specialist, Vaioni Group Limited.

Founded by Sachin Vaish in 2008, Vaioni continues to disrupt the UK SME & Mid-Markets with its award-winning connectivity & WAN portfolio, using its ultra-reliable National Ethernet Platform - V.E.N. The network currently connects 250,000 postcodes across 100 UK cities and towns with 100Mbps - 10Gbps internet speeds, including strategic relationships with all the top UK Carriers to reach locations outside of its own network. Vaioni is proud to offer high availability, ultra-fast connectivity solutions, combined with 100% Core Network availability and extraordinary customer service and engagement.


9th August 2019

CEOs at FTSE 100 financial services companies lacking a background in technology

With widespread disruption from new and emerging technologies facing companies, the financial services sector is still lacking in CEOs with a background in technology, according to recent analysis from specialist recruitment firm, Robert Half UK.

According to the results of the annual Robert Half FTSE 100 CEO Tracker, not one of the CEOs leading the FTSE 100’s financial services companies has a background in technology. In contrast, the proportion of CEOs with a background in technology across all sectors has increased by 27% over the past year, as the impact of digitisation is felt across multiple industries and sectors.

7th August 2019

Bombora makes waves with Development Bank of Wales funding

Innovative wave energy technology developer Bombora has secured a seven figure working capital facility with the Development Bank of Wales in a move that will help secure the company’s future in Wales.

Last year the company was awarded a £10.3m grant from the European Regional Development Fund through the Welsh Government. The new working capital facility with the Development Bank will help Bombora to manage its cash flow while the grant is received over the next two years.

6th August 2019

Foresight Williams invests £1.5 million in Industry 4.0 metrology experts INSPHERE

Foresight Group has made a £1.5 million investment from the Foresight Williams Technology EIS Fund into INSPHERE Ltd, experts in measurement and automation using innovative value-added metrology.

INSPHERE was founded in 2013 by CEO Ben Adeline and CTO Oliver Martin, originally providing metrology consultancy, sub-contract management and training to manufacturing businesses including Rolls-Royce, Airbus and Jaguar Land Rover.

Industries such as aerospace, automotive and defence all employ highly automated manufacturing processes which rely on production lines of robots performing precise and repeatable actions.

5th August 2019

BGF funds Fleetondemand acquisition of FleetEurope

Fleetondemand, one of Europe’s leading mobility technology providers, has acquired Buckinghamshire-based vehicle management company FleetEurope for an undisclosed sum.  The significant deal was funded by Fleetondemand’s current long-term investment partner BGF, which acquired a minority stake in the technology business following a £5 million investment last year. BGF, the UK and Ireland’s most active investor, has committed more than £2 billion in over 285 growing businesses since it was set up in 2011.

2nd August 2019

Kernel Capital £1.6M investment in Belfast-based Automated Intelligence

Kernel Capital has led a £1.6m investment in Belfast-based Automated Intelligence, in syndication with private investors. The investment comprises of £750K investment from The Bank of Ireland Kernel Capital Growth Fund (NI).  Automated Intelligence has developed a data management platform AI.DATALIFT, giving customers insight and control over their ever-increasing volumes of data.  This is now a vital component of many significant UK organisations’ information governance frameworks with clients including DEFRA, Crossrail and NHS Trusts.  

1st August 2019

UK test for bovine TB to help US farmers

 

The Animal Health Laboratory within the Colorado Department of Agriculture is assisting in a trial of Actiphage®, a new rapid blood test for 

31st July 2019

MPC Capital expands its footprint in Central America

 

MPC Capital has acquired a 6.5 MWp solar PV project under development in El Salvador. The project has signed a 20-year USD-denominated power purchase agreement (PPA) with CAESS, the local subsidiary of the US-based energy company AES. This is MPC Capital’s second investment in Central America, after Tilawind, the 21 MW operating wind farm in Costa Rica.

 

30th July 2019

New European tech event chooses London

 

A new summit connecting emerging technology fund managers with investors has been launched in London by early stage VC firms, 7Percent Ventures and Luminous Ventures.

 

25th July 2019

CTT set for rapid expansion following oversubscribed $10M Series B round

Cambridge Touch Technologies Ltd., the leading provider of piezoelectric UltraTouch multi-force-and-touch technology to the consumer electronics, automotive, industrial and military markets, today announced it has closed an oversubscribed $10 million Series B funding round, bringing the total amount raised to nearly $20 million. The round was led by Kureha Corporation of Japan, a leading global supplier of specialty chemicals and plastics including piezoelectric polymer film, together with participation from existing investors ParkwalkDowning Ventures, CM Ventures and Amadeus Capital Partners, and new investment from top Chinese venture capital firm Puhua Capital and Japanese automotive touch panel firm, Futaba Corporation. The University of Cambridge is also an existing investor, while Ascendant Corporate Finance provided advice on the round.

25th July 2019

Lingua Custodia closes a +€1M fundraising operation

Lingua Custodia, the specialist in Machine Learning applied to financial translation, has closed a €1.1m fundraising operation. This brings the total amount of funds raised since its inception in 2011 to € 2.4m.

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