20th February 2019
- 0 commentsFrontM, which provides business ICT applications for enterprises operating in areas with little or no standard telecommunication infrastructure, such as Airplanes, ships and remote areas that rely on satellite network infrastructure to meet their operational and communication needs, has raised money from Jenson Funding Partners.
19th February 2019
- 0 commentsJenson Funding Partners has announced an investment in Col8 Ltd, a technology company that provides video management services through its proprietary platform. Their solution allows users to intuitively navigate video footage to quickly find points of interest.
19th February 2019
- 0 commentsDeepbridge, the Chester-based tax-efficient investment manager, has announced a further increase in its yearly funding to an increased range of companies based in the North West.
Over the course of 2018, the growth capital provided over £12.5 million in funding to 33 companies, in addition to £12 million provided to 22 companies in the previous year, via its Enterprise Investment Scheme (EIS) and Seed EIS (SEIS) funds.
18th February 2019
- 0 commentsJenson has made it's latest investment in VANUSE Ltd, an on-demand mobile marketplace app designed for the courier, removals and man-and-van sectors. The app allows customers to book deliveries instantly and get the appropriate driver based on location and the size of the package to be delivered.
The company enables individual delivery providers of all sizes from small, medium and large vans to accept jobs based on the size of package and location. The platform has a unique pricing algorithm that prices jobs that work both for the customer and the driver. The company's differentiation from its competitors, by being both customer and driver focused. Also, Vanuse’s focus is on the underserved 'larger items' space, the ability to 'instantly' book a service and the ability to collect items within an hour of booking.
15th February 2019
- 0 commentsGeneral Motors is taking a 35% stake in wejo, a Chester based 'connected car' start-up, originally backed by regional SME specialist, Seneca Partners.
The investment from GM makes wejo the most valuable British start-up in the connected car space. The landmark deal with GM includes a $25 million cash injection in addition to a long-term data-sharing agreement between the two companies. In total, the deal values wejo at $275 million.
14th February 2019
- 0 commentsAward winning, social enterprise Memory Matters CIC, which runs the Moments Café in the heart of Plymouth, has received investment of £100,000 to franchise its innovative training package enabling it to be delivered to more people. The investment came from the Health & Wellbeing Challenge Fund (South West) (H&WCF), managed by social impact investment company Resonance.
14th February 2019
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Kuber Ventures, the alternative investment platform specialising in EIS and SEIS, is announcing the addition of three new funds available to individual investors and advisers building diversified tax efficient portfolios on behalf of their clients.
13th February 2019
- 0 commentsPar Equity has been awarded ‘Best EIS Investment Exit’ at the EIS Association Awards 2019. The win completed a hat-trick of awards recognising the firm’s 76x return on investment turnaround of online educator ICS Learn.
The EIS Association Awards 2019 were announced at the trade body’s Chairman’s Reception event held at the House of Lords. Entries to the prestigious awards are judged by a panel of independent industry experts
The firm also won both “Exit of the Year” at the Growth Investor Awards and “Best Exit of the Year” at Investment Week’s Tax Efficiency Awards in November of last year.
11th February 2019
- 0 commentsKuber Ventures, one of the UK’s most innovative fintech platforms used by financial advisers has been shortlisted for the WealthBriefingEuropean Awards 2019.
Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2018’.
8th February 2019
- 0 commentsNewquay Community Orchard, which was built by the community for the community in the heart of Newquay, has received £100,000 investment from the Resonance managed Health & Wellbeing Challenge Fund (South West) to help further grow the social impact of this highly successful organisation.
7th February 2019
- 0 commentsThe Midlands Engine Investment Fund (MEIF) has provided two debt packages, committing a total of £410,000 to support local Nottinghamshire businesses. The £200,000 loan to Optimise Accountants and the £210,000 provided to Renato Software will give the businesses’ capital to invest in and expand product lines as well as investing in several key functions in the business.
7th February 2019
- 0 commentsThe SidebySide Partnership, the London venture capital firm founded by technology veteran John Bailye, has launched a technology EIS fund to support “scale-up” businesses. The fund will not charge performance fees until investors have made their money back and an extra 60% on top – a market-leading threshold.