A company that restores and resells luxury handbags to clients worldwide has raised £800,000 from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, and private investors, to support its growth.  The investment will allow Handbag Clinic to create around 20 new jobs at its premises in Burnopfield, Co Durham, further develop its technology and strengthen its senior management team.

Leading multi-channel garden furniture retailer Moda Furnishings has agreed a new £17m funding package with Secure Trust Bank Commercial Finance as UK demand for outdoor living continues to soar.

Pitalia Capital, the North West-based investment firm, has backed Bolton-headquartered CCM Motorcycles (CCM) with a significant investment as the company looks to kickstart an international growth drive.

Founded in 1971 by the late Alan Clews, CCM is a specialist motorcycle manufacturer renowned for innovative design and synonymous with multiple successes in motocross, flat-track, trials, supermoto and road racing competitions.

NorthEdge and The Belfield Group have completed the sale of Usleep, a specialist mattress manufacturer, to The Vita Group a manufacturer of premium foam products, for an undisclosed sum.

Essentially Yours, a Kidderminster-based skin care supplier, has secured £200,000 from the Midlands Engine Investment Fund (MEIF) West Midlands Debt Finance, managed by Maven Capital Partners, backed by the Coronavirus Business Interruption Scheme Loan (CBILS).

London-based Kick Game, a luxury sneaker and apparel retailer, is on track to grow revenuesLondon-based Kick Game, a luxury sneaker and apparel retailer, is on track to grow revenues to £50m in 2022 following a £3.5m injection of capital from VGC Partners.  to £50m in 2022 following a £3.5m injection of capital from VGC Partners. 

Founded by sneakerhead brothers Rob (pictured, left) and David Franks in 2013, Kick Game is a destination-retailer to shop exclusive, rare and sold-out sneakers and streetwear from brands such as Air Jordan, Nike, Yeezy, Off-White, Trapstar, Fear of God Essentials and Supreme.

Bambino Mio, the UK’s most popular reusable nappy brand, has announced a £13m investment by BGF, the UK & Ireland’s most active investor. This is the largest investment ever in a reusable nappy firm in the UK, demonstrating the potential of the sector and the scale of Bambino Mio’s growth ambitions.

Maven Capital Partners, one of the UK’s most active private equity houses, has led a £4.4 million investment in Candle Shack, a rapidly growing eCommerce business supplying candle making components as well as providing contract candle manufacture for high profile, luxury brands. The transaction includes £3 million of funding from Maven’s high net worth investment syndicate, Maven Investor Partners, as well as a £1.4 million debt facility from HSBC UK.

Lovehoney, a leading e-commerce retailer, manufacturer and distributor of pleasure products and accessories, and WOW Tech Group, a pioneering provider of premium sexual wellness products, has announced a €1 billion merger and the creation of Lovehoney Group. The newly formed Group will also include Amorana, a fast-growing Swiss sexual well-being retailer acquired by Lovehoney in September 2020. Additional financial terms have not been disclosed.

SEED Innovations Limited, the AIM quoted company investing in fast growing and industry leading businesses with a focus on investing within the medical cannabis, health and wellness space, has participated in the latest financing round of US$9.7 million by its portfolio company, Yooma Wellness Inc. as announced by Seed on 27 July 2021. Yooma is a vertically-integrated global leader in the manufacturing, marketing, distribution, and sale of wellness products including hemp seed oil and hemp-derived cannabinoid ingredients. 

A Coventry-based trampoline park has received a £300,000 loan for the purchase of additional equipment and a new inflatable park section.

Mayfair Equity Partners, the leading tech and consumer growth investor, has completed an investment in Tangle Teezer, the category-defining British haircare brand. Mayfair will hold a majority stake in the business. Additional deal terms have not been disclosed.