Angel News

Angel News

Back to Homepage

17th July 2019

Quantum based encryption gets significant boost with £2.7m funding in Crypta Labs

Crypta Labs has completed a £2.7 million (US$ 3.4m) funding round led by Bloc Ventures and includes £1,000,000 (US$ 1.3m) debt finance from Innovate UK.

Crypta Labs is a quantum cybersecurity company which develops IP, hardware and related software using the quantum properties of light to secure highly critical data and communication devices embedded in critical infrastructure for the aerospace, communication, medical, military, and transport sectors.

17th July 2019

BGF reaches landmark investment milestone injecting £2bn into UK & Irish SMEs

BGF, the UK and Ireland’s most active investor in growing businesses, has committed £2 billion into UK and Irish SMEs from its balance sheet of £2.5 billion.

The landmark capital investment was reached following £7.5m of growth funding for Merseyside-based manufacturer Joloda International, as well as BGF’s most active day ever for capital deployment in mid-June, with a total of £48m committed.

17th July 2019

British entrepreneur makes history with purchase of US jukebox company Rock-Ola

A British games and Jukebox entrepreneur, Alexander Walder-Smith, has acquired Rock-Ola, the last authentic American Jukebox manufacturing company and one of the world's most iconic Jukebox brands. Rock-Ola famously inspired the term 'Rock and Roll', and has been manufacturing games and Jukeboxes since 1927, starting out in Chicago and later moving to California's West coast, seen by many as the jukebox's spiritual home.

17th July 2019

Luminous Ventures Invests £1million in AI diagnosis software for early lung cancer

 

Luminous Ventures has made a £1million investment in Optellum, developers of the world’s first AI clinical diagnosis support software for personalized early lung cancer diagnosis and treatment.

 

17th July 2019

Cognism raises $10m Series B  to move sales from an art to a science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.  Founded in 2016 by James Isilay (CEO), an expert in algorithmic technologies, natural language processing and machine learning, alongside Stjepan Buljat (CTO), Cognism has seen rapid growth since raising initial funding in 2017, with ARR growth of over 4x in 2018.

 

16th July 2019

MMC leads £4m Series A funding in Tyk to support US expansion

Tyk Technologies Ltd, creators of an industry-leading API gateway and management platform, has secured £4m in Series A funding, led by MMC Ventures to accelerate its business securing, simplifying and scaling organisations’ API programmes.

 

The MMC Ventures-led Series A funding will be used to accelerate Tyk’s presence in rapidly-growing markets, specifically the US, where the company has established itself as the key challenger brand in the API space against competitors like Google’s Apigee, CA Technologies, and IBM. Tyk will be opening an office in Atlanta this summer to add to the Singapore office opened in 2017.

16th July 2019

Hurdle rate remains elusive for VC funds, says eFront report

The latest research from eFront, the leading financial software and solutions provider dedicated to Alternative Investments, shows that reaching the hurdle rate 

16th July 2019

BGF invests £7.5m in Joloda International as the investor reaches £2bn landmark

A fast growing manufacturing firm based in Merseyside has received an initial investment of £7.5m from BGF, the UK and Ireland’s most active investor in growing businesses, to support its expansion. This deal marks BGF’s commitment of a total of £2 billion into UK and Irish SMEs, including £280m for companies based in the North West. 

16th July 2019

Qube coworking space for creatives raises £1.9m seed round

The Qube the capital’s coworking studio complex for creatives has announced a £1.9m funding round led by the Angel CoFund, UK music industry veterans AEI Group, and a strategic cohort of angel investors including co-founder of Mixcloud, Nikhil Shah, and ex-MD and co-founder of Investec, Bernard Kantor. The funding will be used to develop their 16,000 square foot flagship site ahead of its launch.


15th July 2019

Aergo raises funding from ClearlySo to pilot innovative posture support system

Aergo, a company that has developed a responsive posture support system which empowers wheelchair users, ahas completed an equity funding round with the help of ClearlySo, Europe’s leading impact investment bank. The funding will go towards expanding the team and product manufacturing and piloting.

15th July 2019

Envestors poised to increase support for scale-ups as investor community surpasses 11,000

Envestors, the fintech fundraising company, has announced its community of connected sophisticated investors has grown to 11,000.  Envestors’ ‘Network of Networks’ is a digital community that connects investment networks from across the UK, India, EMEA and China – providing a single access point for scale-ups raising funds.

12th July 2019

Mayor’s new £100m Greater London Investment Fund unveils board

The new board of the Greater London investment Fund (GLIF), who will support the Mayor’s vision to grow and support the SME ecosystem in the capital, has been announced.

The Chairman of the newly-launched GLIF will be serial entrepreneur, investor and Funding London board member David Prais. Joining David will be Maggie Rodriguez-Piza, CEO of Funding London, and Pauline Barnett, philanthropist, entrepreneur and member of Funding London board.

Items of 1136NEXT

Back to Homepage