British Business Investments has announced that it is providing a £15m facility to Performance Finance Limited. The transaction will be structured as a block discounting agreement that will allow Performance Finance to provide funding support to smaller businesses looking to acquire business-critical assets to accelerate their growth.

Veremark, a global background screening company, has secured $3 million in a Pre-Series B round led by Samaipata and Stage 2 Capital and including participation from ACF Investors and Vulpes Investment. The investment will be used to support Veremark’s continued client acquisition and further develop its screening technology.

The need for more compliant hiring has become a global requirement, with background screening alone equating to a  $8bn global market in desperate need of innovation.  Veremark provides a global background screening service that helps companies run checks on prospective employees, business partners, limited partners and founders — therefore reducing the risk of hiring or working with underqualified or legally unsuitable people. 

Ingenion Medical has been awarded a £182,890 grant to support its £406,000 development project, to complete development of its next novel device to address chronic urinary control issues.

Meysey, a fraud protection startup that utilises artificial intelligence (AI), has successfully raised £250,000. This funding will be used to develop AI-powered fraud protection software specifically designed for small and medium-sized enterprises (SMEs).

LCR Angel Network has made investments in two of the region’s most exciting start-up businesses following a pitch event hosted at Sci-Tech Daresbury and supported by the British Business Bank.

Both Jardin Living, a sustainable lifestyle brand founded by Kavita Basi, and AI Sight, an AI system for diabetic retinal screening led by CEO Steven Powell impressed enough to secure a combined £160k investment that will allow both businesses to scale significantly.

Pioneering UK-based bio-tech business Clean Food Group has rasied £2.5 million from Clean Growth Fund, a climate-specific UK venture capital fund, providing UK cleantech entrepreneurs with the expertise and capital they need to reduce carbon emissions and tackle the climate crisis. This follows an earlier funding in 2022, which included a number of angel investors.

Scaleup Finance has raised an $8million (£6.4million) pre-Series A round to ‘solve the challenge of financial management’ for startup and scale-up companies.

Led by Inveready, alongside Crowberry Capital, Seed X, PROfounders, Fin Capital and CircleRock Capital, the funds will be used to help drive continued growth in the UK and prepare for future expansion into the US. 

A new assessment of British Patient Capital’s Future Fund: Breakthrough reveals that the programme is successfully increasing later stage capital investment into deeptech and life sciences companies – the sectors it was founded to support.

JOINRS, a start up AI based job board that puts the university students and junior profiles in front of the big corporations, has receieved its latest round of investment, raising €1.7million and has launched its service in the UK!

The capital received will be used primarily for the acceleration and the internationalization of JOINRS, which already has developed a community of over 650,000+ users ready to use the platform so that they can have a step closer in the world of work.

East Kilbride plumbing startup, Water Kinetics, has secured a £150,000 investment from British Design Fund for its innovative ‘Eco-Duo’ pipe-within-a-pipe water recirculation system that can help reduce carbon emissions and energy use, while aiding safe pathogen levels within drinking water systems.

350 PPM LTD is an incubator and accelerator which provides investors with a gateway to invest in early-stage climate tech companies and share in their success.  They are currently raising investment funds for expansion.

If you want to access investment opportunities in the environmental sector, this could be for you. 

For more information go to https://landing.investsuccess.co.uk/350ppm?sid=OSM_ANGELNEWS_6499&cr_cid=329310077

Lithium Salvage UK Ltd uses a proprietary and environmentally friendly process to recover rare, valuable materials from waste Lithium-ion batteries and is raising £1.5 million to establish a fully operational Li Ion battery recycling facility by 2025 having already secured £250,000 cornerstone funding from a strategic investor.

More about this investment opportunity on our Funding Pages website https://www.fundingforentrepreneurs.co.uk/.