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6th February 2019

Vala Capital will disrupt EIS industry with radical fee structure

Vala Capital, the UK venture capital firm, is looking to shake-up fees in the EIS industry with the launch of its ground-breaking EIS fund.  

31st January 2019

Don't miss the latest GrowthInvest Adviser Hour - out today

This 4th episode of Series 3 of The GrowthInvest Adviser Hour explores the wider drivers behind the growing popularity of “alternatives”, 

28th January 2019

Calculus Capital invests £2.5m in Essentia Analytics

EIS & VCT specialist Calculus Capital has invested £2.5m in fintech company Essentia Analytics (see photo), a leading provider of behavioural data analytics and consulting for professional investors. The investment by Calculus will be used to further develop Essentia’s services as it scales its client base of investment management institutions around the world. 

24th January 2019

Newable announces new fund targeting “seed to Series A” funding gap

London-based Newable Private Investing (NPI) has announced the launch of its first evergreen fund. With an initial raise of £10 million in the first year, the Newable Scaleup Fund 3 addresses the investment gap between seed stage and Series A, targeting high-growth early-stage companies that have moved from concept to a working business model but don’t yet have the numbers to attract VC or private equity money.

NPI aims to invest in seven to ten such businesses operating in knowledge-intensive industries through the EIS fund, with particular emphasis on the specialist areas of electronics, automation, medtech, and spacetech. 

14th January 2019

Open Bionics attracts £1.5m investment from Foresight Williams

Foresight Group has invested £1.5 million from the Foresight Williams Technology EIS Fund into Open Bionics Limited.

The investment has been made alongside an identical commitment from Downing LLP and Ananda Impact Ventures of £1.5m each and Rathbone Nominees to complete the £4.66m round.

Open Bionics is an award-winning designer, manufacturer and supplier of bionic limbs with ambitions to become a market leader in a range of bespoke prostheses and assistive technologies and a global supplier of prosthetic and orthotic products and services.  Based in Bristol, the Company was founded just four years ago by CEO Joel Gibbard and COO Samantha Payne, since when the team has grown to 23

12th December 2018

iDefigo raises latest funding from Unicorn Ascension Fund

iDefigo Group Ltd, which offers IoT (Internet of Things) solutions for the surveillance industry, has raised £1.5m as part of their latest round. This is the Unicorn Ascension Fund’s second deal over the course of one month. UAF has participated in this round as a co-investor with other early stage investors including Ascension Ventures, which is also one of the partners in UAF.

4th December 2018

Seneca Partners sells North West based Foodpack

3 years on from saving the business from Administration in a £7.5m deal, Seneca backed Foodpack Limited, the St Helen’s based specialist food manufacturing and packaging business, has been sold to Integrated Packaging Services Ltd (“IPS”).

This is the latest exit from Seneca’s EIS growth capital investment team and delivers a net tax free return of c.3.3x for their investors.

Tim Murphy of Seneca, who was a Director of Foodpack throughout the investment, commented:

Making a success of a business bought out of Administration is notoriously difficult and involves many highs and lows along the way. Bringing Foodpack back from the brink and turning it into a high quality operation has been a great result for our Investors and all stakeholders, not least the 150 colleagues who work in the business but also the wider community of St Helens that benefits from those jobs being secured.  

26th November 2018

Gary Barlow brings festive stardust to Daisy & Ollie Christmas special

VCT & EIS Investor Forum sponsor CHF Entertainment has announced that superstar singer-songwriter, Gary Barlow is spreading festive cheer this winter season, by joining Jason Manford and the voice cast of hit pre-school animation, ‘Daisy & Ollie’, for a special musical Christmas episode, set to air on Cartoonito in December 2018.

The Take That front man has been animated by the team at CHF Entertainment and will star as himself in the magical episode ‘What’s so great about Christmas anyway?’, singing a song written by Jason Manford and the team.

The Christmas special is brimming with music and fun, and follows ‘Daisy’s Daddy’ (voiced by Jason Manford), a musician and single father, as he is asked to write a Christmas single for the world famous pop star, Gary Barlow, who’ll be performing it at the town Christmas concert.

23rd November 2018

Sunamp raises £2.2m late seed funding from Equity Gap and Par Equity

The late seed round included further participation from Scottish Investment Bank, Equity Gap, PAR Equity and a number of new investors including Japanese energy utility Osaka Gas. This round completes the seed investment stage, positioning the company well to raise a ‘series A’ round early next year. The company plans to use the funds towards expansion of its international footprint and further scaling its operations.

22nd November 2018

The Robots are coming!

Experience and interact with the latest developments in robotics technology at this year's VCT & EIS Investor Forum on the 30th November in London.  At our 'Invested Investor EXPO' at the Forum we will be showcasing six companies, backed by specialists robotics investors Britbots, who are at the forefront of the UKs robotics sector.  

15th November 2018

Lambeth and Westminster invest in Resonance's Real Lettings Property Fund

The Real Lettings Property Fund² (RLPF²), managed by social impact investment company Resonance and homelessness charity St Mungo’s, has received further investments of £15m each from the London Boroughs of Lambeth and Westminster. The Fund purchases homes around the capital for people affected by homelessness, helping them move on with their lives and into independent living. 

The RLPF² is the second fund from Resonance that is building a residential property portfolio in Greater London.  There is a third Fund, the National Homelessness Property Fund, which purchases homes elsewhere across the UK.  With this latest investment the Resonance homelessness funds under management have now grown to more than £190m providing almost 789 homes nationwide, housing thousands of people who are homeless or vulnerable to homelessness over the life of the Funds.

14th November 2018

How will the new EIS fund affect small businesses?

CEO of Private investment house IW Capital, Luke Davis, comments on the introduction of a new EIS fund that focuses on knowledge intensive SMEs.

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