Bonnet, an electric vehicle charger aggregator in the UK and Europe, is inviting its more than 150,000 strong driver community to join top-flight global investors in taking a stake in the company, as it accelerates its popular service across the continent. This news comes as Bonnet has more than doubled its coverage in Europe in […]
A host of “innovation hubs” are set to be launched in cities across the UK today as part of a Treasury-backed plans to boost the growth of fintech beyond London. The hubs have been announced as part of the launch of the new Centre for Finance, Innovation and Technology (CFIT), a key recommendation of the […]
Start-up group Tech Nation has reportedly lined up a host of potential bidders for its assets as it prepares to close down in March following the government’s controversial move to hand its funding to Barclays. Around 30 buyers have now lined up to potentially swoop on the firm’s assets, including the networking group run by […]
Twinco Capital, the first global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, announced today it has closed a $12 million equity and debt round. The investment was led by Quona Capital, and included participation from Working Capital, as well as existing investors Mundi Ventures and Finch […]
Biography-writing service StoryTerrace has announced a unique partnership with UKTV in a £1 million ‘airtime-for-equity’ deal. The deal will see StoryTerrace launch its first television advertising campaign, benefitting from access to an audience of over 26 million viewers a month, and in return, UKTV will gain an equity stake in the business. This recent partnership is […]
OpenSolar has announced that it has raised US$15 million to expand its free product offering to solar contractors who use the platform in more than 130 countries. The funding round was led by one of Australia’s largest venture capital funds, Telstra Ventures, with participation from sustainability fund 2150 and existing investors including Jeff Tannenbaum’s Titan […]
Tribepad, a leading talent acquisition software provider, has secured a £12m investment from BGF. Founded in Sheffield in 2008, Tribepad has developed a best-of-breed talent acquisition platform which supports the end-to-end hiring process for some of Britain’s leading enterprises. Its software is used by over 125 in-house talent acquisition teams at organisations including Tesco, the […]
A former barrister who became a television chef and restaurateur has cooked up a multimillion-pound fortune with the sale of a stake in Mowgli Street Food, her Indian casual dining chain, to private equity. Nisha Katona, 51, founder and chief executive of Mowgli, is selling a significant stake to TriSpan with debt finance from OakNorth […]
British taxpayers have become shareholders in a further 53 companies backed by a government rescue funding scheme. These firms include a company that makes carbon negative period products, a firm producing meat cultivated directly from cells without the use of animals, and a “holistic” whisky distiller. The British Business Bank’s Future Fund was set up […]
BGF, the UK and Ireland’s most active investor, is planning to invest £300 million in early-stage and fast growth businesses across the Central and Eastern areas of England over the next five years. The BGF Growth Central and East team includes three experienced investors Mark Nunny, Nathan Heath and Elena Kovalikhina, and will be targeting […]