Festicket, the world’s largest portal for music festival experiences, is announcing $10.5 million in Series D funding. The round is led by transatlantic venture capital firm Beringea and joined by Jaguar Land Rover’s venture capital fund InMotion Ventures, Channel 4’s Commercial Growth Fund, Lepe Partners, U-Start and ex Spinnin’ Records CEO Eelko Van Kooten.

Eyal Malinger, Investment Director at Beringea, will join the Festicket board, along with Treatwell’s Chief Operating Officer, Ben Leaver. The company will be appointing an independent non-executive chairman in the near future.

We won’t know if the Brexit deal is good, bad or ugly for another 10 years.  If you’re serious about creating, building and safeguarding wealth in the next decade, you need to consider global opportunities.

An online photography marketplace has secured £500,000, less than nine months launching its new customer facing platform. Perfocal.com was founded by entrepreneur and former photographer Tony Xu. Since then it has delivered more than 100,000 images.

Healthcare entrepreneurs from the South West of England gathered at Exeter Racecourse to take part in a four-day workshop 

Kumulos, a Scottish software company which has developed a platform for managing mobile apps, has completed a £750,000 funding round backed by Mercia Fund Managers, the Scottish Investment Bank and angel investors.  The Kumulos platform incorporates multiple tools to help companies and developers improve the performance of their mobile apps. The platform provides data on user engagement and allows them to optimize their ranking on the App Store and send notifications to customers.

By Siobhan Clarke, Episode 1  Ventures

Over a series of blogs, Episodde 1 is focusing on the Seed to Series A step of GTM and sharing what it means to think through the customer experience. This is the 4th article in the series. 

By Matthew Toms, Investment Manager at Heartwood Investment Management

Offering insight into UK investment markets feels like an impossible task, given the fluidity of the Brexit situation and ongoing political volatility. Instead then, let’s focus on a couple of the longer-term issues in UK markets facing investors today. First, the global nature of UK equities; second, the usefulness (or otherwise) of UK government bonds.

CIL, the leading management consultancy, has unveiled its annual State of the Nation Survey of management teams, private equity investors, debt providers and advisors in the UK. The findings show a slight improvement in sentiment about the economic outlook for the UK in the short term (next 18-24 months) with 18% of respondents positive and 34% neutral, compared to 16% and 30% respectively at the same time last year.

Pitch@Palace has hosted its tenth UK Event at Buckingham Palace, announcing BioSURE as the winner, with Stasher and Lilypads as the runners up after competing against thirty nine other finalists. On The Tools secured the title of Pitch@Palace People’s Choice Award winner after a public vote.

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.

Albion Capital, the leading independent investment manager, has invested £5 million in The Evewell, a fully-integrated centre of medical excellence dedicated to caring for and protecting all aspects of fertility and gynaecological health.  The centre, which opened on Harley Street in London this month, focuses on both gynaecology and reproductive health to ensure that fertility patients receive the most appropriate treatment and advice to maximise their prospects of conceiving. It offers a fully integrated suite of women’s health services that differentiates it from other clinics. The clinic is equipped with the latest technologies for screening and treatment, and is set in a discreet and luxurious environment that provides a best-in-class service.

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