The European Investment Bank today agreed a £100 million investment in loans to UK small businesses originated through Funding Circle. This investment, alongside £25 million from the Funding Circle SME Income Fund, will enable over £200 million of new loans over 7 years, and provides a further injection of much-needed funding into the UK small business sector.
Tennis champion, world number two Andy Murray announced today that he has made three further investments in British start-ups on the UK’s most active equity crowdfunding platform, Seedrs.
A new startup looking to shake up the way businesses manage their people has secured $7.5m in one of UK’s largest ever seed rounds. Launching today on an invite-only basis, hibob is a premium, cloud-based system that securely stores all the people data in a business, presenting it in an easy to use platform and enabling instant data visualisation.
goHenry – a digital banking solution that aims to make kids smarter at managing money than their parents has raised £3.99 million on the world’s first and most successful investment crowdfunding platform Crowdcube, making it the largest crowdfunded deal on the platform to date.
Plumen, creator of the world’s first premium low energy light bulb, today launches its first ever equity raise on Crowdcube, the world’s most successful investment crowdfunding platform.
If a business is seeking funding – perhaps, for example, it’s appropriate for new or existing management to acquire the business, or perhaps some existing shareholder(s) want to exit – private equity funding should be considered.
BrickVest, the online pan-European real estate investment platform, is announcing it has raised £1 million, closing two oversubscribed investments two months after launch.
DevicePilot has announced the successful completion of its Angel fund-raising round, securing investment of over £600k and reflecting the growing interest from investors in the Internet of Things (IoT) market.
Accomable, a London-based travel tech startup, which helps disabled and elderly people find adapted hotels and holiday rentals, has raised £300,000 in seed funding – the highest amount ever raised by a business of its kind to date.
Seedrs has announced that it has been selected by innovative sports car manufacturer Zenos Cars for its planned £750,000 funding round.
Silicon Valley-based start-up office provider, RocketSpace, has announced plans to open a ‘state-of-the-art’ campus in London designed specifically for high-growth technology start-ups.
British fashion retailer Topshop has announced the launch of ‘Top Pitch’, a start-up accelerator programme for wearable technologies, in collaboration with early-stage investor L Marks.
Today marks the public launch of Backed VC, a new 30m EUR pan-European seed-stage fund, whose mission is to be the most collaborative, community-driven fund in Europe.
Blis, the global pioneer in advanced location data technology, has announced that it has secured $25 million in funding from major new investors Endeit Capital, Beringea US and Unilever Ventures, alongside additional credit facilities provided by Silicon Valley Bank.
Octopus Ventures, a leading London-based venture capital investor and part of the Octopus group, has raised an additional £100 million to invest into early stage European entrepreneurs bringing their early stage funds to in excess of £400 million.
