Member News

ParcelGenie receives further funding for brand growth

FSE Group
16 March 2012

The FSE Group is delighted to announce that they have successfully led a follow on round for existing seed fund portfolio client, ParcelGenie, with further investment from the South East Seed Fund and the Adimpetus EIS Fund, both managed by FSE Fund Managers. Additional money has also been invested from both new and existing angel investors including FSE Investor Network members.  ParcelGenie intends to use the funds to expand and drive the marketing efforts of the company and to deliver on the exciting partner opportunities it has developed. Read more »

MBM advise on a number of deals in the first quarter of 2012

MBM Commercial
8 March 2012

BBAA are delighted to announce that MBM have begun 2012 by professionally advising on, amongst others, the undernoted deals in the first 3 months of 2012. Below are the details of these deals:

12th January 2012: MBM advised on a £352k equity funding rouynd for MGB Biopharma Ltd

18th January 2012: MBM advised on a £400k equity funding round for Sensewhere Limited

19th January 2012: MBM advised on a £350k equity funding round as first part of a two tranche deal of £550k for Bloxx Ltd Read more »

Rising Stars Investment Presentation Evening

Envestors
7 March 2012

Time: 6pm to 9pm (presentations from 6:30pm)

Place: Nabarro

Lacon House, 84 Theobald's Road, London WC1X 8RW

Map: http://www.nabarro.com/downloads/London-office-directions.pdf

  Read more »

LBA syndicate helps to close Oxtex’s £150k funding round

London Business Angels
7 March 2012

Early stage Oxford based medical device specialist, Oxtex, has completed a £150k funding round which included investment by a syndicate of LBA angels. The company, a spinout from the University of Oxford, is developing a product range based on hydrogel technology which provides novel soft tissue expansion solutions which can address a wide range of clinical applications across reconstructive surgery and dentistry. Read more »

Playmob Investment will help drive In-Game Fundraising

Midven
7 March 2012

PlayMob, the company behind technology which enables charities to fundraise through in-game micropayments, has secured £500,000 funding for expansion from a number of investors, including venture capital fund manager Midven and NESTA.

The company – which has a small expert team based at Birmingham Science Park – is to use the funding to expand its numbers and prove out the business model with a greater number of charities and games developers. Read more »

Angels of the North: YABA launches new investment services for angels and entrepreneurs

Yorkshire Association of Business Angels
7 March 2012

The Yorkshire Association of Business Angels (YABA) has today announced its intention to become the pre-eminent investor network in the north of England, by launching a new suite of investment services for business angels and corporate investors.

Says YABA Chairman, Andrew Burton: “Our membership has grown rapidly in recent years, and we’ve reached a size that allows us to introduce a more sophisticated offer to both our membership and to those companies looking for finance. YABA is evolving, and these are exciting times.” Read more »

£332k investment by LBA cornerstones Michelson Diagnostic’s £607k funding round and takes LBA’s total level of investment in the company to over £1.5m since 2007

London Business Angels
6 March 2012

Kent based medical device specialist, Michelson Diagnostics, has closed a £607k funding round which was cornerstoned by a £332k investment by LBA. The investment comprised of £240k follow-on investment by existing LBA investors and £92k of new LBA investment, including a £55k investment by the LBA EIS Roundtable Syndicate Fund. Read more »

Change of name for Finance South East and new status

FSE Group
23 February 2012

The FSE Group (formerly Finance South and its subsidiaries) is delighted to announce its launch as an independent community interest company (CIC) from February 2012 and the name change of its FSA authorised subsidiary to FSE Fund Managers Ltd (formerly South East Fund Managers Ltd). Read more »

xénos business angel, Aubrey Greene snaps up Photogenic in acquisition deal

xénos
16 February 2012

The future looks bright for Photogenic Ltd after new owner and xénos investor, Aubrey Greene acquired the company in an undisclosed deal from founder, Tony Lake.  xénos Regional Manager, Richard Bonfield brokered the deal which sees Greene take over as Managing Director at the Llanidloes-based company. Read more »

Mills & Reeve advise on £1.2 million of investments from North West Fund for Biomedical

Mills & Reeve LLP
14 February 2012

National law firm Mills & Reeve has helped successfully close the latest three investments for fund manager SPARK Impact Limited from the North West Fund for Biomedical, totalling in excess of £1.2 million. The funding rounds have together raised more than £2.5 million. Read more »