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11th December 2019

Founder to Founder: Tips and tales from 100 Entrepreneurs and Investors

The Invested Investor has released a new book, centred around the challenges entrepreneurs face along the start-up journey. Titled Founder to Founder: Tips and tales from 100 Entrepreneurs and Investors, the publishers have managed to include content from our 100 global entrepreneurial leaders.

28th November 2019

EBAN publishes Fiscal Incentives and Co-Investment Compendiums

EBAN, the European Business Angels Network, has produced the new editions of its much anticipated annual mapping of fiscal incentives and co-investment funds available to business angels in Europe. 

18th November 2019

Snaffling Pig secures investment From Henley Business Angels

Snaffling Pig, the UK’s leading pork-based snack business, has received investment from multiple Henley Business Angels members, who contributed to a record breaking funding round of over £1.1m.

Chosen as one of the Thames Valley 50 Game Changers in 2018, Snaffling Pig produces a wide range of pork snack products, including flavoured pork crackling sold in traditional foil bags, gift jars and advent calendars, as well as a variety of sauces, beers, nuts, and additional food goods ideal for gifts. The products are supplied into some of the UK’s leading supermarkets, such as Tesco, Sainsbury’s, The Co-operative, John Lewis and Selfridges. Over 2,000 pubs, including Greene King and Punch Taverns among others, are also supplied with its products.

18th November 2019

Envestors company Ebury sells a majority stake to Santander for £350m

Envestors has announced that the banking giant Santander has acquired a 50.1% controlling stake in Ebury for £350m. This has provided several members of the Envestors private network huge returns on their original investments and placed Ebury firmly on the path to becoming the first Envestors unicorn portfolio company.

15th November 2019

Teysha Technologies raises £1.2m supported by Angel Investment Network

Bioplastics company Teysha Technologies has successfully raised £1.2m of investment, supported by Angel Investment Network (AIN), the world’s largest online angel investing platform. London-based Teysha has created a patented, renewable, fully biodegradable plastic substitute, using waste from landfill to creating polymers for hundreds of different applications.

14th November 2019

DSW Angels backs e-commerce platform Shopblocks as part of £500k funding

Shopblocks has raised funding from the Greater Manchester Combined Authority’s GM Investment Fund, its existing investor Dow Schofield Watts Angels (DSW Angels), and members of the management team to support its expansion in the UK and overseas.

 

11th November 2019

43% of female angel investors are eyeing up exits in 2020 says HBAN survey

HBAN, the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, has revealed that 43% of female angel investors are eyeing up exits from their investee companies in the next 12 months.

The survey, carried out by HBAN amongst angel investors across the island of Ireland, found that some 83% of female angels are particularly interested in getting involved with start-ups working in the medtech industry. At the moment, 67% of female investors have investments in this sector.

7th November 2019

Santander buys majority stake in UK fintech Ebury

Santander has bought a majority stake in UK-based Fintech company Ebury for £350m. The bank now holds 50.1 percent in Ebury, a trade and foreign exchange facilitator for small and medium-sized companies. The Angel CoFund first invested in Ebury in its seed round in 2012 and has invested £1.3m in total across four funding rounds. The firm retains a shareholding of Ebury.

6th November 2019

Oxford University biotech spin-out raises over £2M to combat resistance to antibiotics

Oxford Drug Design Limited (ODD), a biotechnology company with a proprietary computational and machine learning platform, has raised a combined £2.2M in funding from the Angel CoFund (ACF), o2h Ventures and other new investors, and grant funding from the UK Department of Health and Social Care (DHSC)'s UK-China research competition. This brings the firm’s total amount of grant and equity funding raised in 2019 to over £9M.

1st November 2019

CorrosionRADAR raises £1 million from Mercia managed MEIF

CorrosionRADAR, a Midlands business that has found a way to detect corrosion and prevent leaks in assets such as pipelines through a network of remote sensors, has completed a £1m funding round from the MEIF Proof of Concept & Early Stage Fund.

A spin-out from Cranfield University, CorrosionRADAR addresses the challenge of how to detect corrosion in pipelines and other assets where the surface is covered by insulation. The firm uses a network of sensors placed on the pipe to continuously monitor its condition and detect problem areas, along with advanced analytics and artificial intelligence to predict where faults are likely to occur. The system allows facilities managers to focus their resources most effectively and helps prevent leaks.

21st October 2019

Luminous Group raises £400,000 from Mercia for food safety software

Luminous Group, the Newcastle company which is one of the UK’s leading mixed reality experts, has raised over £400,000 to support the launch of a new software to reduce hygiene risks in food processing plants.

The investment round was led by the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, and included funding from private investors. The firm is now planning to create 28 new jobs over the next three years as it expands its management and technical teams.

16th October 2019

Renewable energy tech startup Sennen secures investment from Sustainable Accelerator

Technology company, Sennen, whose software increases the reliability and productivity achieved by renewable energy owners, has secured financial backing from investment firm Sustainable Accelerator in its first round of seed funding.

Experienced renewable energy business angels Colin Palmer and David Bunker are also investing in the business. Further investors will be announced soon with the total round expected to be nearly £400,000, double the initial target.

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