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20th February 2020

VONQ Announces Senior Leadership Appointments

 

Appointments follow investment by pan-European private equity fund manager, capital D.

20th February 2020

Process Vision receives investment from Henley Business Angels members

 

Process Vision, a leading business in preventing pipeline contamination and pipeline failures in the oil and gas industries, has received investment from three members of the Henley Business Angels (HBA), contributing towards a total funding round of £383k.

 

20th February 2020

Daystar Power directors awarded as High Impact Entrepreneurs for Nigeria

 

At the 93rd International Selection Panel in Riyadh, Saudi Arabia, the international jury of the non-governmental organisation Endeavor honoured the two German founders and managing directors of the Nigerian solar energy company Daystar Power as High Impact Entrepreneurs. With this seal of approval and its network, Endeavor, based in New York, honors and supports entrepreneurial personalities worldwide.

 

20th February 2020

 MedTech business Inotec AMD secures £7m VC injection

Inotec AMD, a fast-growing medtech business that has developed an innovative device to heal and treat complex chronic wounds, has secured £7m in a funding round led by Praetura Ventures.  The business has developed Natrox, a cutting-edge product that uses pure humidified oxygen to treat a range of chronic wounds, from diabetic and venous ulcers to non-healing surgical wounds. Following several successful clinical trials, Inotec AMD is looking to expand its foothold in the US, Asia, the Middle East and Europe. The business currently provides products to the NHS and health providers in key markets including the US, Italy, Southeast Asia and the Middle East.

19th February 2020

Dropps Receives $16m (£12.5m) From The Craftory

It’s no secret that the world’s oceans are rapidly becoming unrecognizable as the impact from human activity strips them of marine life. Over 85% of the world's oceans are said to be dying, with plastic pollution and excess chemicals playing a significant role.

19th February 2020

British Patient Capital commits $50m to Atomico V

 

British Patient Capital, a subsidiary of the British Business Bank, has committed $50m to Atomico’s fifth fund, as Atomico announces its final close today at $820m.

 

19th February 2020

Stoke-on-Trent recruitment company receives £500k MEIF investment

The Supply Register which is based in Stoke-on-Trent has secured a significant investment, 

19th February 2020

Triple Point Completes £10m Loan Facility in WeFlex

 

Triple Point Investment Management has announced a £10m facility into WeFlex, a leading provider of vehicles to the Ride-Hailing market in the UK. Having worked with the team at Weflex for the past 5 years, Triple Point will back their growth and development in the UK. The funds will be used by WeFlex to further increase its operations across the country, expand its fleet of electric vehicles, as well as other hybrids to further support the green initiatives in the UK ride-hailing market.

 

18th February 2020

Funding deal gives green light for North West property developer’s first project

 

Newly formed Manchester based property developer Northern Property Consortium (NPC) has embarked on its maiden project after agreeing a key short term finance deal worth £550,000 with leading independent SME funding specialist, One Stop Business Finance.

 

18th February 2020

 Concirrus closes $20m in Series B lead by Albion VC

Leading marine and automotive insurtech Concirrus has announced that it has closed a $20 million Series B funding round led by AlbionVC.  The funding also includes participation from current investors IQ Capital, EOS Venture Partners and several angel investors.  The company has developed a behavioural-based underwriting platform called Quest which delivers portfolio management and predictive analytics using the latest advancements in big data aggregation, AI and machine learning. Adoption of the platform is changing the future of risk selection, pricing and claims throughout the value chain.

18th February 2020

Fresh look for Knighton’s Costcutter will help community thrive

 

The Development Bank of Wales has invested £200,000 to support the leasehold purchase and refurbishment of the Costcutter store in Knighton, Powys.  

 

18th February 2020

Life's a beach for ambitious Tom & Teddy

 

Online sales are driving rapid growth at a Bristol-based father and son beachwear business.  Tom & Teddy, a beachwear range offering matching attire for fathers and sons, was the brainchild of husband and wife team Jelle de Jong and Michelle L’Huillier. 

 

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