A North Wales company that is developing a world-first technology to recycle MDF waste has received new funding of £165,000 from a group of business angels. MDF Recovery has secured the additional investment from a group of angels who have previously backed the business.

A Doncaster engineering firm which made the steel walkways for the sports complex in the 2012 Olympics has secured a £150,000 loan from NPIF - Mercia Debt Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund.

Universal Coatings will use the money to fulfil new contract wins and expects to create an additional seven jobs as a result. The company provides coatings for everything from swimming pools to steel structures and also offers a complete fabrication service. In addition to supplying fixtures for the Queen Elizabeth Olympic Park and other events, it has built many canal bridges and specialises in conservation work such as the restoration of statues and structures at heritage sites.

Transcend Packaging has been selected to produce eco-friendly paper straws for McDonald’s UK and Ireland.

The Greater Manchester Loan Fund, managed by Maven Capital Partners, has completed a £750,000 investment in Manchester-based Shield Safety Group, one of the UK’s leading providers of Food Safety, Fire Safety and Health & Safety software and services. The investment will allow Shield Safety to strengthen its current offering to existing clients, target new customers by broadening its market reach and create over 70 jobs in the Greater Manchester area.

A unique roofing tile system using recycled Welsh slate is set to revolutionise the global construction market. 

BGF has announced the exit of its minority investment in Brownhills Glass, one of the UK’s leading independent glass merchants and processors.

NorthEdge Capital has invested in leading stairlift designer and manufacturer Platinum Stairlifts, backing the existing management team led by Founder, Tim Frear. 

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

Specialist engineering business, Northern Escalator Installations, has secured a £6.4m investment from BGF to support its expansion in the UK and Europe.

InMotion Ventures, Jaguar Land Rover’s venture capital arm, today announces the appointment of Lars Klawitter as Executive Director Strategic Business.

Walker Precision Engineering, a high-precision component manufacturer, has secured a £4m investment from BGF to expand its operations in the UK and mainland Europe. From premises in Glasgow, Basildon and Poland, the family-owned business manufactures and assembles complex parts for the aerospace, defence and industrial sectors.

European Braking Systems, a manufacturer and seller of air brake and vehicle control systems, has secured significant investment from BGF to support product development and accelerate international growth.