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20th May 2019

Calculus invests £2.5m in management software company Wazoku

Calculus Capital hahs mamde a £2.5m investment in Wazoku. Wazoku’s main product is Idea Spotlight, an idea management platform used by enterprise clients including the UK Ministry of Defence, John Lewis & Partners, HSBC, and Aviva. The goal of the platform is to capture, evaluate, improve and implement ideas from across any audience, whether that’s employees, customers, partners, the general public or another group of stakeholders altogether.

17th May 2019

NPIF - Maven Equity Finance leads £250,000 investment in Digital Training Solutions

NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund has invested in Bolton-based eLearning company, Digital Training Solutions.

A total of £125,000 was invested from NPIF – Maven Equity Finance with a further £125,000 invested by the Angel investment division of The Growth Company, GC Angels. The funding will enable the business to continue to develop its software, support its marketing strategy and create up to 17 new jobs over the next two years.

16th May 2019

Tech Nation Report 2019: UK leads Europe in scaleup investment

Tech Nation, the leading scaleup-network for UK entrepreneurs, has today announced the release of its annual Tech Nation Report with data from partners including Companies House, PitchBook, GitHub, the OECD and Streetbees, and in association with the World Economic Forum.

16th May 2019

NVM Private Equity invests £2.2m in Quotevine

Quotevine, a provider of SaaS solutions for the asset and automotive finance industries, has received £2.2 million in funding from private-equity firm, NVM. The UK based investors’ backing of Quotevine is validation of its mission to help asset and automotive finance companies modernise operations and create opportunities from disruptive technologies such as IoT and Artificial Intelligence.

16th May 2019

Sadiq Khan joins a global speaker line-up at CogX 2019

CogX, the world’s leading festival of AI and emerging technologies, today announces the headline speakers for its third edition, taking place between Monday 10th – Wednesday 12th June.





Sponsored by Principal partner HSBC, this year’s conference will be the world’s largest festival marketplace for AI and emerging technology, bringing together full tech ecosystems across industry, Government and society. Festival stages include  Finance and the Economy, the Future of Work and Education, Healthcare, Web3.0 and new tech markets, Cutting-edge tech development, Alan Turing Research, Ethics and more

16th May 2019

Foresight invests £2.1 million into energy tech pioneer Synaptec

Foresight Group and Williams Advanced Engineering have made a £2 million investment, as part of a £2.9 million growth round, into the disruptive technology business Synaptec Ltd. The Foresight Williams Technology EIS Fund led the round alongside £100,000 from the newly created Foresight Scottish Growth Fund financed by the Scottish Growth Scheme through a combination of Scottish Government funds and the European Regional Development Fund (ERDF), and £800,000 from existing shareholders, including The Scottish Investment Bank, the investment arm of Scottish Enterprise, Equity Gap and the University of Strathclyde.

14th May 2019

Maven leads investment in Symphonic Software

Maven Capital Partners has led an investment, alongside existing shareholders Par Equity and the Scottish Investment Bank, in Edinburgh-based Symphonic Software Limited, a leading player in the Identity and Access Management market. The funding will be used to further scale the business, investing in sales and marketing resource, as well as product innovation, to ensure Symphonic continues to offer customers a best-of-breed solution in this important and growing market.

14th May 2019

Par Equity invests £3.2m boost in Northern Irish tech scene

Par Equity, the Edinburgh-based multi-award-winning venture capital firm, has led investments totalling £3.2m in two Northern Irish software companies, Plotbox and Datactics.

The companies represent a growing collective of technology firms based in the country benefitting from consistent support for start-ups from the private and public sector. A study published last year by the Enterprise Research Centre showed that compared to the rest of the UK, a higher proportion of Northern Irish companies exceeded £1m turnover within three years.

14th May 2019

The ID Co. Secures Seed Funding for International Growth

Global fintech, The ID Co., has has received $2m seed funding from global technology investor Amadeus Capital Partners, SixThirty and other investors.

The ID Co. helps businesses such as lenders to onboard their customers more efficiently. Its technology removes the friction caused during application processes by the current challenges of risk, fraud, compliance, and regulation.

13th May 2019

Masabi secures $20m led by MMC Ventures

Masabi, the company bringing Software-as-a-Service (SaaS) ticketing and payments to public transport, today announced a $20 million growth funding round with investment led by new investor, Smedvig Capital. MMC Ventures and other existing investors participated. 

10th May 2019

Cherwell invests in Scotland to expand research and development in Dundee

Cherwell Software a global leader in service management, has announced that 40 new jobs will be created at their facility in Dundee, following a £3.1million research and development (R&D) grant from Scottish Enterprise.

The funding forms part of an overall £22 million investment from Cherwell, £8.9 million of which has been allocated to Scotland, to develop new and cutting-edge technologies at its Dundee R&D facility to allow businesses of all types to automate services across their enterprises, driving efficiency and productivity.

10th May 2019

European investment in UK tech at all-time high

Investment from European funds into the UK’s thriving tech ecosystem reached a record high of £1.89bn in 2018 (up from just £1.66bn in 2017), according to a new report published by leading law firm Penningtons Manches.

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