16th September 2019
Entrepreneur and investor Nick Jenkins, who founded moonpig.com and is a former star of BBC TV's "Dragon's Den", is to be the opening keynote speaker at this year's VCT & EIS Investor Forum on 21st November.
11th September 2019
Voxpopme, a Birmingham-based leading video feedback and analytics company, today announced that it has closed a £7.5m Series A1 equity financing led by Origin Ventures, with participation from Mercia Technologies and NVM Private Equity. The Company intends to use the capital to meet the growing enterprise demand for real-time video feedback and to fund further investment in the platform.
Voxpopme’s SaaS platform helps business leaders build great brands, products and experiences with real-time, consumer-recorded video feedback. The impact of video feedback and real, human stories in modern businesses has driven the rapid adoption of Voxpopme, resulting in triple-digit year-on-year annual recurring revenue growth. The platform is trusted by Airbnb, Clorox, Mars Wrigley, Mondelez, and many more of the world’s leading brands.
10th September 2019
Maven Capital Partners has strengthened its UK investment team with a senior appointment in the South of England. Luke Matthews joins Maven as an Investment Director, bringing with him two decades’ experience in investment and corporate finance, helping potential high-growth businesses access finance.
5th September 2019
Duke & Dexter (D+D), an award-winning footwear label has secured a £2m investment from NVM Private Equity to continue disrupting the men’s footwear market and build its global community of fans. Since launching in 2014 D+D have received international recognition, selling to over 120 countries and working with reputable international retailers including Harrods, Selfridges, the KaDeWe Group and Level Shoes.
8th August 2019
innogy Ventures, the venture capital investment arm of innogy Innovation Hub, has invested in Teralytics AG as part of a $17.5 million funding round. innogy Ventures and innogy Innovation Hub are backed by innogy SE, a leading German energy company. The round was led by Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group. Other participants included Deutsche Bahn Digital Ventures, LBBW Venture Capital and Liil Ventures, as well as existing investors Atomico and Lakestar.
1st August 2019
CyberSmart, a GCHQ Cyber Accelerator alumni, has secured £1.3 million in new financing led by deep-tech investor IQ Capital, after two years in stealth mode. This funding will allow CyberSmart to further accelerate its rapid growth, build next-generation technical capabilities and secure Britain’s future as a leader in cybersecurity. CyberSmart’s core mission is to protect and empower SMEs, often the weak link in cybersecurity, but at the same time, the bread and butter of the UK business landscape. CyberSmart’s platform and products allow any size SME, with or without technical resources, to protect itself and its staff, easily and affordably. The exciting platform is bringing cybersecurity standards to the masses, with millions of UK SMEs in its sights, a truly scalable cybersecurity solution.
1st August 2019
Thriva, the proactive health company, has secured a £6M Series A funding round. The funding will support Thriva as it builds towards it’s ambitious vision: to put optimal health in anyone’s hands. The round, from a range of investors including Pembroke VCT and Guinness Asset Management, takes the total raised by Thriva to £7.5m since its launch in 2016. Thriva offers affordable, clinical-grade insights based on the latest research and has helped over 100,000 people understand how their lifestyle is impacting their health.
23rd July 2019
Foresight Group has invested a further £4 million growth capital investment into portfolio company ONFAB to fund the acquisition of Lancashire based designer and manufacturer of clean air containment products, Envair Holdings Limited.
ONFAB produces flexible clean-air enclosures and consumables, designed and manufactured in-house from sites in Cheshire and Spain. Founded in 2005 by Oliver Nulty, ONFAB received investment from the £60 million Foresight Regional Investment LP fund in September 2017 to facilitate a majority buyout of the business. Since then, with an enlarged team and renewed focus on sales, margins and new products, it has grown by over 30% per year and continues to benefit from ever stricter safety standards protecting workers across the globe.
22nd July 2019
NVM Private Equity (NVM) has apppointed Oliver Wildig as an Investment Manager. He will be based in Manchesterwithin the buy-out team with responsibility for sourcing new investment opportunities, execution and portfolio management. This appointment continues a period of significant expansion at NVM who now have over £430 million under management and a combined investment team of 20 investors.
12th July 2019
Maven Capital Partners has completed a £2.5 million investment to support the continued growth of pioneering software developer Filtered Technologies Limited.
Filtered Technologies Limited provides advanced, AI-driven learning and development software to the corporate market, as well as training content to the corporate and retail markets. Maven’s investment will help to accelerate Filtered’s continued technological innovation and further strengthen its highly regarded customer success and sales teams as the business grows.
8th July 2019
Maven Capital Partners has led a £3 million funding round in Manchester-based DigitalBridge, a Guided Design platform for kitchen and bathroom retailers. Today’s transaction comprises a £1.5 million package from Maven’s Venture Capital Trusts (VCTs) and £1.5 million from the NPIF Maven Equity Finance, a regional development fund managed by Maven which forms part of the Northern Powerhouse Investment Fund. The funding will support the roll-out of DigitalBridge’s platform and the creation of 15 new jobs. It will also enable the company to create additional products and penetrate new markets, particularly the US. DigitalBridge has been working with Kingfisher Plc (owners of B&Q and Castorama) since 2017.
4th July 2019
Maven Capital Partners has exited from GEV Group Holdings Limited. The exit attracted significant interest from several private equity buyers; the sale to Bridges Fund Management will generate 2.7x returns for Maven investors.