Embargo, the loyalty solution for hospitality businesses, has raised $1.1m (£830,000) in its latest funding round. The London-based startup received cross-sector financial support, with individuals and companies from the hospitality, real estate and sport sectors investing. Notable individuals who are invested in the business include renowned angel investor and founder of DesignMyNight, Nick Telson; founder […]
The first social enterprise in the UK dedicated solely to helping emergency responders make a smoother transition into life after public service has been formally launched. Where before there was no clear post-career structure for ex-emergency services personnel and their families, X-ES (X-Emergency Services) will offer free, co-ordinated information, post-career advice and comprehensive specialist support […]
Nova Pangaea Technologies, the UK company which converts woody and agricultural residues into sustainable biocarbons, biofuels, biochemicals and biopolymers, has raised a further £2.4m from existing investors as part of a successful Series A funding round. The latest investment has been led by Par Equity, alongside Northern Powerhouse Investment Fund (NPIF) and Cambridge Angels as […]
Investment managers Downing LLP and Pollen Street Capital are pleased to announce a further two deals worth almost £20m (£19.2m in net debt) for property developments in Birmingham, as part of the continuing real estate funding partnership between the two businesses. One of the developments will feature the construction of 80 new residential apartments in […]
Croft and Cuan, launched in 2020 after sisters Christina Morrison and Samantha MacCormick were made redundant during the pandemic, and prides itself on the delivery of delicious food with locally sourced ingredients. Recognising that the island had some of the best produce in the country available and Christina and Samantha wanted to have a high […]
Fintech startup Lightyear announces today an additional $8.5m of funding alongside the launch of its app as the company starts to onboard UK customers from its waiting list. Lightyear combines multi-currency accounts with unlimited access to global markets so customers can invest freely without hidden fees. Lightyear is founded by early Wise alumni Martin Sokk […]
Tech-focused investment bank ICON Corporate Finance has acted as exclusive financial adviser to Fathom, the world-leading global flood modelling business, on its strategic investment from US ratings giant Moody’s. The investment supports Fathom’s aim of becoming the world leader in water risk intelligence. It also recognises the growing significance and impact that flooding due to […]
The management buy-in represents the third acquisition deal funded by Arbuthnot Commercial ABL on behalf of the investment group. Previous acquisitions include Summit Engineering and Pen Cutting Tools. The all-asset facility, which comprised receivables finance, plant & machinery and property loans and CBILS funding, will provide additional working capital to allow Technocover to develop as an independent […]
Having worked with Fairline Yachts since 2017, DF Capital has doubled its facilities, enabling the yacht manufacturer to finance the building of more boats throughout 2021 and beyond. Based in Oundle, Northamptonshire, Fairline Yachts is a major British luxury motor yachts manufacturer. With the global yachting market experiencing unprecedented demand, Fairline required an extension of […]
A business that specialises in campervan gifts have been able to expand their product offering and increase orders by 900%, following support from Business Gateway. Founded in August 2020, The Advanture is the brainchild of two brothers, Dylan and Luke McConnell. After initially offering customers a limited range of products and campervan designs, the team […]
