15th November 2019
Funds advised by YFM Equity Partners, the specialist private equity fund manager, have backed a £4.5m investment into SharpCloud Software Limited to support the continued growth and roll out of its enterprise SaaS product. YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside YFM Equity Partners Growth II LP.
SharpCloud was founded in 2012 by Sarim Khan and Rusty Johnson, following the successful sale of their previous software business to Oracle Primavera. Having spent some time within the Business Intelligence (‘BI’) and data analytics space, they noted a lack of powerful top-down software tools that could allow large organisations to visualise complex data across siloed lines-of-business and built SharpCloud to solve this.
14th November 2019
Foresight Group has made a £749,000 growth capital investment into Promethean Particles Limited, a company specialising in the manufacturing of nanomaterials. The finance boost will allow the firm to create new jobs, scale its production capabilities and enter untapped global markets.
The investment has been made using finance from the Midlands Engine Investment Fund and is part of a £1.25m funding round led by Foresight and supported by the University of Nottingham, East Midlands Early Growth Fund (managed by the British Business Financial Services), and other existing investors.
22nd October 2019
Maven Capital Partners has led a £5.3 million funding round in E-Fundamentals, a leading eCommerce insights platform.
London and Edinburgh-based e.fundamentals is a market-leading ecommerce analytics platform that helps many of the world’s largest brand owners rigorously improve the sales and profit performance of their products on retailers’ and wholesalers’ websites.
17th October 2019
YFM Equity Partners has backed a £4.5m investment into SharpCloud Software Limited to support the continued growth and roll out of its enterprise SaaS product. YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside YFM Equity Partners Growth II LP.
16th October 2019
Triple Point has appointed Jennifer Ockwell as Partner and Head of Institutional Sales.
16th October 2019
Maven Capital Partners has led a £4 million investment in language understanding business, Relative Insight Ltd. The transaction comprises a £3 million package from Maven’s VCTs alongside £1 million from NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund. The funding will support the company’s growth strategy as it expands into the USA and develops its technology platform to help companies drive business value from language data.
9th October 2019
Tutorful, a platform that connects students with tutors across the UK has secured a £3.2 million investment from NVM Private Equity. The investment will be used to grow the rapidly expanding online tutoring business, by building out a suite of tools and curriculum-aligned content that helps tutors deliver exceptional quality lessons.
3rd October 2019
With many fund managers already fundraising and more expected to join them, it has never been more important to understand the market. At this year's VCT & EIS Investor Forum delegates including private investors, financial advisers and wealth managers, will have an unirivalled opportunity to hear from some of the UK's most successful VCT and EIS fund managers on the issues that matter to the industry.
1st October 2019
Triple Point, a leading UK alternative investment manager, has appointed experienced financial services professional Jack Rose as Strategic Sales Director.
1st October 2019
Maven Capital Partners has hired Carolyn McEwan to the property investment team as Investment Manager. The strengthening of the team reflects Maven’s continued commitment to expanding its property investment capabilities and the increasing demand for property investment opportunities that Maven identifies for its clients.
30th September 2019
Shoosmiths has advised NVM Private Equity on its recent investment of £2 million into Duke & Dexter (D&D), an award winning men’s footwear label.
Launched in 2014, D&D offers a range of high quality shoes, all manufactured by hand in the UK and has developed into a leading premium men’s shoe brand. It has collaborated with brands and personalities such as Tyson Beckford, Rolls Royce and in June this year, launched a collaboration with American rapper Snoop Dogg to create an exclusive line of 12 initial styles.
24th September 2019
Edge Performance VCT, the creative industries VCT managed by leading creative economy specialist Edge Investments, has exited its investment in deltaDNA by Unity Technologies, creator of the world’s leading real-time 3D development platform based in San Francisco.
Launched in 2011 by games industry veterans Chris Wright and Tim Christian, and big data expert, Mark Robinson, Edinburgh-based deltaDNA provides games developers and publishers with cutting edge analytics and a real-time engagement platform which drive the commercial performance of the games. Since inception, the business has continued to expand its activities and has developed to become the platform of choice for over one billion users looking to augment the gaming experience.