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1st July 2020

Protean Risk strengthened by new staff from Aston Lark

As of 1 July 2020, the Aston Lark Financial Institutions team will join the Protean Risk brand, making the combined team one of the largest dedicated brokers servicing UK and European financial services firms.

30th June 2020

Thierry Baudon remains as Invest Europe Chair

Thierry Baudon, 2019-2020 Chair of Invest Europe, is to continue as Chair, following the sudden and unexpected death of Roderick “Rory” Macmillan (Chair-elect for 2020-2021) last month.

30th June 2020

Kids' superfood brand Mia & Ben secures £2.5m from Blue Horizon

Mia & Ben, the innovative kids' food brand sold nationwide in Sainsbury's, Ocado and Abel & Cole in the UK, as well as Dunnes Stores in the Republic of Ireland, has secured £2.5 million funding from impact food investor Blue Horizon Ventures to help grow its UK business.

Mia & Ben aim to revolutionise the kids' food category by using scientific research and the latest technology to offer fresher and more nutritious products. Their first range of pouches can be found chilled in the fridge, not in the ambient aisle, and are preserved with high-pressure processing (HPP) instead of heat to retain natural vitamins, colour and taste.

30th June 2020

TechNation comments on UK cleantech sector one year on from 2050 net zero target announcement

One year ago last week the UK’s 2050 net zero target was announced. Mike Jackson, Entrepreneur Success Director, Tech Nation comments: “The UK’s cleantech sector offers a unique opportunity to help the UK meet its 2050 net zero target. But to deliver a meaningful impact to whole sectors and drive a green economy, cleantech businesses must be supported to grow and scale in order to increase their supply of ‘green’ solutions.

30th June 2020

Edge appoints Advisor Panel to drive opportunity and growth for the UK’s creative economy

Edge Investments, the leading growth investor in the UK creative economy, has appointed an Advisor Panel to provide specialist industry expertise and advice to assist Edge in helping UK’s creative economy to innovate, prosper, and grow.

30th June 2020

Juriba receives BGF investment to accelerate growth

BGF, the UK and Ireland’s most active investor in growth businesses, has invested in Juriba, an industry-leading IT migration software provider, to accelerate product development and drive international scale.

Started in 2008 by co-founders Barry Angell and Julia Bell, and now led by Angell, Bell and Iain Fraser (Chief Sales Officer), Juriba is a fast-growth technology business that specialises in digital transformation software, providing innovative solutions for medium-sized to large corporates and multinational organisations.

29th June 2020

Downing Ventures appoints Warren Rogers as new Partner

Downing Ventures has appointed Warren Rogers as a Partner to its 14-strong team. Prior to joining Downing Ventures, Warren was a Ventures Partner at Airbus, where he led investments in various sectors related to aerospace, defence, and space technology.  Warren brings much of this experience to the Downing Ventures team, with his new role focusing on early-stage deep tech companies in quantum, cyber, enterprise, and materials.

29th June 2020

UK fintech market powers through with a surge in specialist hires

Robert Walters Fintech: Challenger to Competitor report analyses the four key factors driving the fintech market which has seen a 53% growth in the last three years, an active fundraising scene, and a 20% surge in-demand during lockdown.

29th June 2020

Loopster secures Development Bank of Wales led funding

Loopster, the online platform which closes the loop between the use and reuse of second-hand clothes, has secured a six-figure seed equity funding round led by the Development Bank of Wales.

Investing alongside the Development Bank is business angel Jim Lewcock, who owns the internet-focused venture capital Blue14, and experienced non-executive director and angel investor Kate Methuen-Ley. The funding will help Loopster to further develop and commercialise their technology, enabling their platform to catalogue second-hand clothes faster. The Newport-based company will also use the funding to recruit six members of staff. This process is currently underway.

29th June 2020

UK recruitment platform Tempo secures £5m led by Adecco

Recruitment platform Tempo has secured £5 million in a Series A funding round led by the Adecco Group, a Fortune Global 500 company and leading HR solutions partner.

Tempo’s end-to-end platform uses technology to simplify the recruitment process, with machine learning used to match job seekers to potential employers and video interviews used for screening.  Businesses using Tempo are able to cut their recruitment costs by 65%, while reducing the hiring process to a matter of days rather than weeks. 

29th June 2020

Foresight’s Nick Mettyear joins Cambridge Norwich Tech Corridor delivery board

Foresight Group's Nick Mettyear, an Investment Manager responsible for the £100 million Foresight East of England Fund, has been appointed to the delivery board of the Cambridge Norwich Tech Corridor.

The Cambridge Norwich Tech Corridor is one of Europe’s most exciting growth opportunities, home to the people and businesses tackling the grand challenges facing humanity and shaping the future of food, energy, medicine and mobility.

26th June 2020

AI-powered insect mini-farm Better Origin to revolutionise the food industry

A venture backed Cambridge startup, Better Origin, has launched the X1, the world’s first ever insect mini-farm to convert local waste into high-quality animal feed in the form of insect larvae, which can then be fed to livestock, improving welfare, productivity and yield. They are solving both the global food waste crisis and producing better quality food for consumers.

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