Edinburgh-based venture capital firm Par Equity has today announced the launch of its new venture fund – Par Equity Ventures I LP. The firm has secured a first close of £67m to boost innovative technology companies with high-growth potential in the North of England, Northern Ireland and Scotland. Par Equity will continue raising capital to […]
European variable pay management leader Qobra has announced a new €10m funding round. This follows an initial fundraising round of €5m in March 2022 and remarkable adoption of the solution by major companies. The fund-raising was orchestrated by Singular, with the participation of UK group Revenue Syndicate and long-standing investor Breega. This strategic financing will […]
British smart home energy technology manufacturer, myenergi, has secured an investment of £30m to support significant future growth and internationalisation from Energy Impact Partners (EIP). This follows on from the £30m debt finance myenergi secured from HSBC earlier this year to further fuel its expansion. Lee Sutton and Jordan Brompton founded UK-based myenergi in 2016 […]
Celebrated worldwide for his exceptional fitness levels on the court, British male number 1 tennis superstar, Cam Norrie is thrilled to announce his involvement with global Blood Flow Restriction (BFR) brand, Hytro. Following on from the exciting announcement of a wider public investment funding round through Seedrs – one that will see the brand rapidly […]
Maison Sport, the leading connecting independent ski and snowboard instructors with snowsports enthusiasts, today announces it has successfully raised £2.5million in its latest investment round, with a further £500,000 due to close within weeks. The series A funding round was led by Alp Invest, a Swiss based family company, which sees them join the company […]
Laverock Therapeutics, established to commercialise the gene editing induced gene silencing platform for all human therapeutic applications has announced it has expanded its seed funding round to £13.5M. This investment was led by Calculus Capital with additional participation by Eli Lilly and Company, Mercia Ventures, Maven Capital Partners, Eos, UK Innovation & Science Seed Fund […]
Creative UK has launched a new creative industries investment fund to support the UK’s ambitions to grow the sector by £50bn and create one million extra creative jobs by 2030. The £35m Creative Growth Finance II (CGF II) fund will provide the investment needed to meet the targets set out in the UK government and […]
Britain’s last remaining manufacturer of alloy wheels has been rescued by a 21-year-old who is also vying to buy Morecambe Football Club. West Bromwich-based Rimstock, which makes forged wheels for luxury marques including Aston Martin and Bentley, has been bought out of administration by Sarb Capital, the investment vehicle of Sarbjot Singh Johal. The financial […]
Navenio, the UK location tech scaleup, has today announced its £5m million investment to help revolutionise healthcare efficiency worldwide. The round was led by Oxford Science Enterprises, and saw Navenio’s existing investors, including G.K. Goh Ventures, Big Pi Ventures, George Robinson, and the University of Oxford, participate. Navenio’s technology streamlines patient care logistics within complex healthcare environments, optimising […]
Awell, a digital health platform to build, operate and continuously improve clinical workflows, has secured $5m in seed funding. The round was led by Octopus Ventures, with additional participation from S16, and angel investors including healthcare veteran Lord David Prior, former chair of the UK’s National Health Service (NHS). Awell is used by clinicians to […]