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11th November 2019

Bolt launches UK environmental impact fund

Bolt, the leading European on-demand transportation platform, has launched a dedicated environmental impact fund with seed capital of €10 million aimed at initiatives which deliver global social and environmental benefits.

11th November 2019

Sepio Systems raises $6.5m led by Hanaco Ventures and Merlin Ventures

US and Israel-based cybersecurity company Sepio Systems, has raised a $6.5 million in Series A funding round led by Hanaco Ventures and Merlin Ventures, with the participation of existing investors Energias de Portugal (EDP), Mindset Ventures and Pico Partners. Since its establishment Sepio Systems has raised $11 million.

11th November 2019

Optune reaches first close of seed round

Swiss startup Optune has successfully closed the first close of its seed rounds with Bexio founder Stefan Brunner and a UK family office, as well as with existing investors. Optune's B2B booking platform is already being used by more than 600 active artists in Switzerland. Now, the Swiss tech startup wants to establish itself Europe-wide.

8th November 2019

Silicon Valley Bank Expands into Denmark

Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors, today announced that it has established a presence in Denmark to meet the needs of Danish companies and their investors within the technology and life sciences sectors.

8th November 2019

Gap year: SMEs estimate filling the skills gap will cost £160m in next year

The average small and medium-sized business (SME) in the UK estimates that it will spend £160,000 to fill the skills gap in their organisation in the next 12 months, according to recruitment specialist Robert Half UK.

8th November 2019

Bristol-based cyber security training platform Immersive Labs raises $40m Series B

Immersive Labs, the world’s first fully interactive, on-demand and gamified cyber skills platform, has closed $40 million in funding led by global growth equity investor Summit Partners, with participation from existing investor Goldman Sachs. The investment will be used to support expansion initiatives in North America, where customer demand highlights a clear need to optimize cyber skills and guard against constantly evolving threats. The company believes this new round of funding illustrates how this dynamic technology is ushering in a new era of active training that enables professionals to acquire additional skills in richly immersive environments at their own pace and on their own schedules. 

8th November 2019

University of Birmingham spin-out Linear Diagnostics secures £2m for diagnostic technology

Birmingham-based Linear Diagnostics Limited (LDL) has secured £2m of investment from MEIF and other investors to develop new platform technology for medical diagnostic testing.

8th November 2019

Swansea based Medical Connections completes management buy-out

Swansea based Medical Connections Limited has successfully completed a management buy-out.

The medical imaging software toolkit company was founded by the late Doctor David Harvey in 1998. As a consultant radiologist, he was passionate about the development of healthcare IT to deliver better patient care.  The Company is a well-established medical imaging toolkit provider and has been recognised as a global leader in facilitating the development of healthcare IT systems to promote interoperability.

7th November 2019

GP Bullhound advises on major Jellyfish-Fimalac deal

GP Bullhound acted as exclusive financial advisor to Jellyfish on the strategic investment by Fimalac Group which will also see Tradelab (part of Fimalac Group) integrated into Jellyfish. The deal will put the value of the new enlarged Jellyfish at circa £500m.

7th November 2019

Santander buys majority stake in UK fintech Ebury

Santander has bought a majority stake in UK-based Fintech company Ebury for £350m. The bank now holds 50.1 percent in Ebury, a trade and foreign exchange facilitator for small and medium-sized companies. The Angel CoFund first invested in Ebury in its seed round in 2012 and has invested £1.3m in total across four funding rounds. The firm retains a shareholding of Ebury.

7th November 2019

Flarin Holdings completes first round of fundraising for revolutionary drug

Flarin Holdings Limited has completed its first round of fund-raising by IW Capital. Flarin Holdings was recently demerged from Infirst Healthcare Limited in order to provide greater focus on the rapid commercialisation of Flarin.  Flarin is a unique and patent protected lipid formulated ibuprofen which at a dose of 1200 mg/day has shown to be as effective as 2400mg/day of standard liquid ibuprofen capsules in patients with acute joint pain. Flarin’s unique lipid formulation also helps to shield the stomach from damage.

7th November 2019

The Expansion of a Grapey Universe

 

Many years ago, when I first joined the wine trade, the number of grape varieties available to the consumer was limited. It was a rarity to see them mentioned, even on the back label of a bottle of wine.

 

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