Member News

LBA (London Business Angels) is now a syndicate partner of the £50m Angel Co Fund

London Business Angels
8 May 2012

LBA has become a syndicate partner of the £50m Angel Co Fund (CoFund) following completion of the CoFund’s first investment being £211k invested into Loughborough-based Phase Vision. This investment completed a £1.5m funding round, which was cornerstoned by a £643k investment by an LBA syndicate. The LBA syndicate was led by LBA investor Nathan Hill of Qi3 Accelerator and included a £100k investment by the LBA EIS 2011 Roundtable Syndicate Fund. Read more »

LBA announces new £455k HMRC Approved EIS Roundtable Syndicate Fund with total raised to date by LBA Funds at circa £1.2m since 2010

London Business Angels
25 April 2012

LBA is delighted to announce that the new £455k HMRC Approved EIS Roundtable Syndicate Fund is open for business in FY 2012/13 with all cash now held by the Fund’s Registrars. This Fund, being the biggest raised by LBA to date, will seek to act as a catalyst for investment through co-investment in circa 5-6 LBA companies in FY 2012/13 alongside LBA investors. Read more »

Ready for Equity Angel Bootcamp

FSE Group
17 April 2012 - 18 April 2012

Are you an angel investor or thinking of becoming one? Do you know enough about issues such as syndication, tax and legal issues, IPR, portfolio management and achieving successful exits? Read more »

£360k investment by LBA cornerstones Isotera’s £1.1m Seed Funding Round

London Business Angels
30 March 2012

Early stage Cambridge based LED lighting specialist Isotera has closed a £1.1m funding round which was cornerstoned by a £360k investment by LBA, including a £75k investment by the LBA EIS Roundtable Syndicate Fund 2011. The company, which presented to the LBA network in September 2011, has developed an intelligent LED lighting system which squeezes the best possible efficiencies from LED lights, and makes installation far more affordable. This lowers the cost of ownership and encourages accelerated adoption of green LED lighting and automated lighting control. Read more »

HALO Helps Fund an Oscar Winning Film

HALO
28 March 2012

“Your chance to be at the Oscars” – that was the title of an e-mail I sent out to all of the Halo angels, I’d have to admit slightly tongue in cheek. That was back in 2010 and little did I know how prophetic this invitation would prove.

In fact the film in question is called The Shore and it has just won the Oscar for the Best Live Action Short Film. And its funding is an interesting story with a significant role played by Halo – the NI business angel network. Read more »

Catapult funded MBO gives echo a boost...

Catapult Venture Managers Ltd
28 March 2012

Specialist technology outsourcing and logistics company, echo, is expecting to exploit rapidly expanding opportunities for the support of blue-chip clients' widely distributed IT resources, following a £1.3m investment from Catapult, as part of its recent MBO.

The second new deal of 2012 sees Catapult continue to commit funds in the Support Services sector, where cost and efficiency benefits will continue to provide opportunities for high quality outsourcing specialists, such as echo. Read more »

Momentum Bioscience’s £487k follow-on funding round cornerstoned by £186k investment by existing LBA shareholders

London Business Angels
28 March 2012

Early stage Reading based blood testing specialist Momentum Bioscience has closed a £487k follow on funding round which was cornerstoned by investment of circa £186k by existing LBA shareholders, including a circa £20k investment by the LBA EIS Roundtable Syndicate fund 2011. This funding round follows the LBA’s  seed funding of £230k in September 2011 with the Company having now met its previous funding milestones. Read more »

EC1 Capital closes on its first deal

EC1 Capital Limited
22 March 2012

BBAA is pleased to announce that after six weeks since its launch EC1 Capital closed on their first deal.

For more information please visit:

http://www.ec1capital.com/portfolio

Envestors Investment Presentation Evening

Envestors
21 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 investors in line for significant medium term return following completion of Brandwatch’s $6m round

London Business Angels
20 March 2012

Brighton based social media monitoring speciliast, Brandwatch has raised $6m from Nauta Capital and current shareholders, including PR distribution company Gorkana Group. LBA investors hold a significant minority stake in the company, having invested over £450k, including an investment of £42k by the LBA EIS tracker 2 fund, between 2006 and 2007. As a result of this latest funding round, LBA investors now have a mark up exceeding 6x return on their initial investment.
Read more »