23rd May 2019
Angel backed novel diagnostic developer PBD Biotech has appointed new CEO Mark Hammond to drive the company’s expansion.
23rd May 2019
A new initiative to support Business Angels looking to invest in the North East was launched yesterday at FinanceCamp, the region’s annual investment conference.
The Newcastle Angel Hub will form part of the UK Business Angels Association (UKBAA) wider Hub network across the country, and will be delivered by the Innovation SuperNetwork, in partnership with Invest Newcastle.
21st May 2019
Funding London recently interviewed Stephen Kelly, until recently CEO of FTSE100 company Sage Group, and angel investor about his own investment strategy and what he looks for in a company before investing.
17th May 2019
By Estelle Blanks, Executive Director of the Innovation SuperNetwork
According to research by Beauhurst, UK businesses saw the highest levels of investment on record in 2017. Despite this, investment levels across the North East and Yorkshire fell dramatically (34% and 10% respectively). The data also shows that public sector backed investment fell across the country. But whilst other regions, including the North West – or Manchester specifically, compensated with private investment, this didn’t happen in Yorkshire or the North East.
9th May 2019
Biotangents, a Scottish medical diagnostics business, has secured £1.5m of new investment following the completion of a second fundraising round.
9th May 2019
Insurance startup, Urban Jungle has announced a £2.5 million seed funding round with participation from a range of new and existing high profile Angel investors, including Rob Devey, ex CEO of Prudential UK, and Simon Rogerson, CEO of Octopus Group.
9th May 2019
An adventure skin care start-up Toddle, based in Wrexham, will be launching its child-friendly skin care products this summer following a £200,000 equity investment.
Toddle, which is the brainchild of former RAF officer Hannah Saunders, has secured £150,000 through Angels Invest Wales, the business angel network launched by the Development Bank of Wales last year.
The remaining £50,000 came after Toddle won ‘Pitch of the Day’ at Pitch It Wales, a Dragons’ Den style competition run in partnership between Inspire Wales and BeTheSpark.
7th May 2019
Nivo, the Manchester-based instant messaging and identity verification platform, has announced the close of a £2m funding round from GP Bullhound, the Angel CoFund and a syndicate of angel investors. This funding will be used to accelerate growth and product innovation, cementing Nivo’s position as the fastest, safest way for financial services companies to sign up and service their customers.
1st May 2019
A consortium led by Sunderland-based North East Business and Innovation Centre (BIC), has received £1m from Innovate UK to support the growth of local angel networks across the North East, Yorkshire and North West.
The programme, which partners with the Innovation SuperNetwork, NorthInvest and the UK Business Angels Association, will encourage investment in innovative early stage companies.
Northstar Ventures have also secured £1m to work directly with start-up businesses coming out of North East universities to help them secure angel investment and grant funding to accelerate their growth potential at an earlier stage.
30th April 2019
A new British-South Asian low-cost long haul airline, flypop, has completed a Seed Enterprise Investment Scheme (SEIS) funding round of £80,000 with Angel Investment Network (AIN), the world’s largest online platform connecting angel investors with start-up businesses.
26th April 2019
West Midlands business leaders, entrepreneurs and investors have welcomed the launch of a new angel investment network for the region.
Minerva Birmingham, a new collaboration between Aston University, University of Birmingham and Minerva Business Angels, part of the University of Warwick Science Park, held its inaugural pitching event at Aston University on 9 April.
15th April 2019
The Invested Investor interviews Jon Bradford, a Founding Partner of the venture capitalist investment fund Motive Partners and a highly experienced early-stage angel investor who is sometimes referred to as the Godfather of European Accelerators.