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20th March 2019

Praetura Ventures is raising its first EIS fund to bridge funding gap in the North West

Praetura Ventures is raising money for its first Enterprise Investment Scheme (EIS) fund, as part of its mission to bridge the estimated £300m venture capital funding gap for scaling businesses in the North West of England. The company plans to raise £15m of EIS capital to fund around eight to 10 early-stage companies in the region.

14th March 2019

Foresight invests £249k into Usheru Limited

Foresight Group has invested £249,000 in Usheru Limited, the firm behind a pioneering technology platform operating in the £50bn film distribution market.

The investment from Foresight, using finance from the Midlands Engine Investment Fund, has been made alongside £224,000 from Enterprise Ireland, taking the total package to £473,000 and allowing the firm to relocate its head office to Milton Keynes. This is an important step for the business after successfully creating a technology platform to power direct ticketing and marketing data insights for film distributors.

13th March 2019

Vala Capital EIS fund will be fully invested by tax year end

Vala Capital expects to invest all the capital raised by the Vala EIS Portfolio before the end of this current tax year on April 5.

12th March 2019

Deepbridge Capital appoints new Investment Manager

Deepbridge, the tax-efficient investment manager, has appointed Alison Maughan as Investment Manager in the Life Sciences team.

 

7th March 2019

EISA, UKBAA and IW Capital comment on CBI announcement

Growth in the UK private sector remained stagnant in the three months to February as momentum in early 2019 remained subdued, the latest Confederation of British Industry Growth Indicator showed on Sunday. Looking ahead, further decline is anticipated with private sector activity expected to fall slightly, in the quarter to May, with a negative balance of 4%.

Two trade associations, who work at policy level to help small businesses secure growth funding, and a private investment house specialising in alternative investment for SMEs, discuss the reasons behind the slowdown and the support needed for small businesses to prop up the private sector.

6th March 2019

Par Equity leads £1.9m investment in loyalty card app Swipii

Swipii, the loyalty card app, has secured investment of £1.9m via a funding round led by award-winning Scottish venture capital firm Par Equity.

The latest version of the app removes the need for physical loyalty cards by linking to a debit or credit card and rewarding users with points as they shop at businesses signed-up to Swipii. The app’s original iteration had 1.1m users and its 1,700 affiliated businesses saw up to a 1.5x revenue boost, but it relied on using iPads to track visits only.

1st March 2019

Fund Twenty8 completes deployment into 32 startups

SyndicateRoom's EIS fund, Fund Twenty8, has finished deploying capital ahead of schedule.

The second iteration of Fund Twenty8 has invested £3.2 million into 32 early-stage British companies across 12 sectors. The fund’s algorithm analysed the investment decisions of 1,427 private investors on the SyndicateRoom platform when deciding how to deploy capital.

26th February 2019

Why EIS is so vital to the health of the NHS

Andrew Aldridge from Deepbridge Capital considers why EIS is so vital to the health of the NHS. 

20th February 2019

Jenson backs comms company FrontM

FrontM, which provides business ICT applications for enterprises operating in areas with little or no standard telecommunication infrastructure, such as Airplanes, ships and remote areas that rely on satellite network infrastructure to meet their operational and communication needs, has raised money from Jenson Funding Partners.

19th February 2019

Jenson makes investment in tech company Col8 Ltd

Jenson Funding Partners has announced an investment in Col8 Ltd, a technology company that provides video management services through its proprietary platform. Their solution allows users to intuitively navigate video footage to quickly find points of interest.

19th February 2019

Deepbridge confirms funding boost  for North West firms in 2018

Deepbridge, the Chester-based tax-efficient investment manager, has announced a further increase in its yearly funding to an increased range of companies based in the North West.

Over the course of 2018, the growth capital provided over £12.5 million in funding to 33 companies, in addition to £12 million provided to 22 companies in the previous year, via its Enterprise Investment Scheme (EIS) and Seed EIS (SEIS) funds.

18th February 2019

Jenson invests in 'Uber for vans' VANUSE

Jenson has made it's latest investment in VANUSE Ltd, an on-demand mobile marketplace app designed for the courier, removals and man-and-van sectors. The app allows customers to book deliveries instantly and get the appropriate driver based on location and the size of the package to be delivered.

The company enables individual delivery providers of all sizes from small, medium and large vans to accept jobs based on the size of package and location. The platform has a unique pricing algorithm that prices jobs that work both for the customer and the driver. The company's differentiation from its competitors, by being both customer and driver focused. Also, Vanuse’s focus is on the underserved 'larger items' space, the ability to 'instantly' book a service and the ability to collect items within an hour of booking.

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