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26th April 2018

IQ Capital portfolio company Grapeshot acquired by Oracle

Oracle has signed an agreement to acquire Grapeshot, a provider of brand safety and pre-bid contextual solutions to over 5,000 of the world's leading marketers. Every month, over 38 billion programmatic ad impressions are enhanced using Grapeshot's Contextual Intelligence Platform in dozens of languages, and this number has grown well over 100% year over year.

26th April 2018

NorthEdge backs Prohire MBO

NorthEdge backs £40m turnover fleet management specialist NorthEdge Capital has supported the MBO of Prohire, a specialist provider of commercial fleet management solutions, backing the existing management team led by Managing Director Dave Barlow.

24th April 2018

Mercia awarded £27m North East Venture Fund

Mercia Fund Managers has announced that it has been awarded the £27 million Venture Fund to support businesses across the North East region as part of the £120.0million North East Fund, supported by The European Regional Development Fund.

This follows a succession of contract wins for Mercia amounting to in excess of £200 million, which includes the recent award of a £23 million Proof-of-Concept and Early Stage Equity Fund, part of the Midlands Engine Investment Fund, £108 million of the British Business Bank’s Northern Powerhouse Investment Fund, the first closing of EV Growth II with initial commitments totalling £45.1million and £11.8million in Enterprise Investment Scheme (EIS) capital.

24th April 2018

Inflexion completes double buyout to create Comparison Technologies

Inflexion Private Equity has created Comparison Technologies, a multi-channel price comparison enabler in home services (energy, broadband, TV and telephone), through the simultaneous buyouts of Energy Helpline and UK Web Media.

23rd April 2018

More Thoughts About Data and Things?

Basic economics tells us that markets are efficient when supply and demand are in balance. Too many goods brought to market, and prices fall. Too much demand for scarce supply and prices rise. Although we can appreciate that reality is more complex, it’s easy to believe most real world markets eventually adjust to find an equilibrium where markets clear.

23rd April 2018

New Barclays UK Ventures unit to drive growth and innovation

Barclays UK has launched a new unit that will focus on developing new business lines, promoting innovation and driving returns within Barclays UK. 

The new unit, Barclays UK Ventures, will be led by Ben Davey, formerly Barclays’ Group Head of Strategy, who will also join Barclays UK’s Executive Committee.

Mr Davey’s new team will have the mandate and space to find and develop opportunities both within and outside Barclays that have the capacity to grow Barclays UK. 

20th April 2018

Reality Zero One secures £285k funding

Reality Zero One has secured £285,000 investment from startup funders and private investors  including the British Robotics Seed Fund, Startup Funding Club, and the London Co-Investment Fund.  The funidng will enhance its new digital reality capture platform. The tech makes it easy to capture ultra-high-definition 3D versions of real-world objects for use in any virtual or augmented-reality application.

With the virtual/augmented reality market predicted to hit $215 billion dollars by 2021 and an estimated ten billion commercial and cultural objects ripe for conversion, potential demand for the tech is huge. However, the high cost and difficulty of mass 3D capture has put potential users off - until now.

20th April 2018

New investment venture to support Scotland's social entrepreneurs

A new mission-led investment venture aimed at stimulating social entrepreneurship in Scotland has been launched by leading responsible finance provider Social Investment Scotland (SIS).

SIS Ventures plans to provide the tools and mission-aligned investment required to help early stage businesses and social enterprises grow and deliver social impact at scale. The company is in the process of seeking authorisation from the FCA, under a wholly owned subsidiary of SIS.

20th April 2018

SMEs across the North East set to benefit from new funding

Maven Capital Partners has been appointed to manage the £27 million North East Development Capital Fund, which will provide equity, debt and mezzanine funding of between £400,000 and £2 million to established businesses.

19th April 2018

Shoosmiths advises Octopus on City Pantry deal

National law firm Shoosmiths has advised long standing clients Octopus Investments on its multi-million pound funding into office catering company City Pantry.

19th April 2018

Pharmacy2U secures further investment

Pharmacy2U, the UK’s largest NHS online pharmacy, has secured a further £40 million investment to support the rapid growth of its online 

18th April 2018

UK VC investment takes a breather after a bumper 2017

KPMG VC Venture Pulse for AQ1 2018 shows that venture capital investment in the UK slowed in the first quarter of 2018, following a huge Q4’17, which saw over $2.8 billion invested.

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