Member News

Additional £86,000 March

A group of Beer Investors have invested alongside both existing and other new investors into this spin out from St Andrews University. The company has developed and launched a range of products that allow treatment of commonly occurring skin cancers to be carried in the primary care arena rather than within specialist dermatology clinics. This funding round will take the business into profitability and allow the company to roll out its technology into other common skin treatment areas. Read more »

Within the last six weeks Central England Business Angels has invested over £1M of Angel Private Equity into 5 companies. The investee companies included Digital Gaming, two manufacturing opportunities, a product distribution into the major retailers, and a University spin-out. Of these, the University Spin-out was an SEIS investment, the others qualified under EIS. Read more »

Seed stage London based crowd-sourced photo sharing service, Glopho, has closed a £150k SEIS structured funding round which was corner stoned by a £100k investment by a syndicate of 4 LBA angels. The company has developed an internet based free-to-use website for people to upload their news photos and is supported by purpose-built smartphone apps across iOS, Android and Blackberry. Read more »

Medical materials company, CamStent Ltd, has successfully completed a second funding round and Yorkshire Association of Business Angels (YABA) members have played a crucial role in its success.

Following on from the £350,000 raised in the first funding round in July 2011, CamStent aimed to raise a further £400,000 to progress the application of its patented polymer coatings which resist the growth of bacteria in medical devices. The funding round was oversubscribed and closed when applications reached £508,000. Read more »