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13th May 2020

Archangels-backed Reactec launches social distancing solution

Edinburgh-based Reactec, has repurposed its proven system for monitoring workers’ exposure to health risk to create “Safedistance”, which enables employers to manage the social distancing of their workforce within construction, rail, manufacturing and other workplaces.

13th May 2020

How a digital-first working environment can support the start-up ecosystem

Financial firms need to adopt a digital-focussed working environment if they want to survive beyond current lockdowns, says Arches Capital. The Amsterdam-based Business Angels believe that strong technological foundations and connectivity have been among the main reasons why they have been able to support their members and the Dutch start-up ecosystem amid current social and economic uncertainty.

12th May 2020

Business angel investment in Scotland reaches new heights

Business angel syndicates in Scotland participated in deals which invested over £100m in young entrepreneurial companies in the financial year to end March 2020.

6th May 2020

Oxwash’s space-age laundry service gets £1.4m investment

Oxwash, the space-age laundry and dry-cleaning startup overhauling the traditional laundry service, has raised £1.4m investment from TrueSight Ventures, Biz Stone (co-founder of Twitter), Paul Forster (founder of Indeed.com), Founders Factory and other angel investors. Oxwash’s service is taking medical-grade laundry technology typically used in spaceship and hospital sterilisation and making it accessible to all.  The new investment will be used to expand Oxwash’s reach across South East England and scale the team.

6th May 2020

Software start up Allegrow raises £400k from Mercia

A Newcastle tech start-up whose software helps sales staff to find and close new leads has raised £400,000 to further develop its product and expand its team.  Allegrow has secured funding from the North East Venture Fund (NEVF), which is supported by the European Regional Development Fund and managed by Mercia, along with investment from Mercia’s EIS funds and a number of private investors.

Allegrow is a sales automation platform for business to business companies – where generating new opportunities is a top priority. The platform puts sales representatives in touch with key decision-makers in their target industries through data-driven outreach, which allows them to attract more leads and book more meetings.

1st May 2020

YouTube karaoke channel Sing King raises £550,000 via Angel Investment Network

The world's leading online Karaoke channel, Sing King, has raised £550,000 via Angel Investment Network (AIN), the world’s largest online angel investment platform as part of a seed funding round. Sing King offers high quality karaoke content via its YouTube channel and has over 90 million views per month

The raise took just seven weeks on the platform (the original £400k target was notably achieved within 4 days) with the money raised being used for launching standalone apps across IOS & Android as well as a web platform.

29th April 2020

Littledata receives investment from Henley Business Angels

Littledata, a SaaS company that connects and automates ecommerce analytics for its customers, has received investment from one member of Henley Business Angels (HBA), contributing towards a total funding round of £80,000.

29th April 2020

Sustainable marketplace Know The Origin secures £300,000 from GC Angels

Manchester-based sustainable and ethical marketplace, Know the Origin has received a £300,000 investment from GC Angels to support the growth of the business as it looks to expand its team and product offering.

28th April 2020

Brikk receives investment from Henley Business Angels

Brikk, a modern ‘3.0’ estate agency platform that serves its customers online, has received investment from three Henley Business Angels (HBA) members in addition to more than 15 other investors from the UK and Europe.

24th April 2020

Rooted MilQ receives investment from Henley Business Angels

Rooted MilQ, a Reading based food and beverage company that is developing plant protein-based milk from quinoa and tarwi, has received investment from a member of Henley Business Angels.

The company, which started out as Kai Pacha Foods, started selling milk made with quinoa at organic retailers in Peru and is now launching in the UK. The company focuses on quinoa varieties that are in danger of extinction; by working with smallholder farmers who practice regenerative agriculture in mountain communities in Peru, they are able to harvest quinoa that protects agrobiodiversity, is resistant to climate change and is a source of planet friendly natural protein.

8th April 2020

Blossom Capital launches Cultivate - first-of-its-kind angel program in Europe

Blossom Capital, the record-breaking VC led by investor Ophelia Brown, has launched Cultivate, an angel investment program that will bring together Europe’s next-generation of ambitious founders with established unicorn pioneers such as Des Traynor (Intercom), Guillaume Pousaz (Checkout.com), Nilan Peiris (Transferwise) and Shakil Khan (Spotify).

Cultivate aims to kickstart an angel ecosystem in Europe and to bring it to the same level that exists in the Valley, where successful startups trigger a virtuous cycle as alumni leave to build the next generation of unicorns, backed by experienced operators.

6th April 2020

WealthTech startup InvestSuite raises €2 million led by PMV

InvestSuite has raised a seed extension round led by PMV with participation from existing and new business angels, management and employees. This €2 million is bringing its total funding since its start in June 2018 to €6 million.

Bart Vanhaeren, CEO and co-founder of InvestSuite states that, “This funding enables InvestSuite to expand its market reach and products, grow the team and bring unparalleled innovations to customers around the globe”.

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