‘Emergency wi-fi’ firm raises further £500k A fast-growing company that delivers high-speed internet connectivity to sites that lack the usual infrastructure has secured a further £500,000 investment from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. Trench Networks’ innovative device, Outpost, aggregates connections from all the major mobile networks […]Read More
Maven completes £7.4 million series A investment in Oak Engage Pioneering employee engagement platform secures further funding to scale rapidly following impressive growth Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has led the £2.6 million investment in cloud-based internal communication and employee engagement platform Oak Engage Limited (“Oak”). A […]Read More
Death-tech disrupter Settld seals £500k investment in first round funding Seed funding round ‘significantly oversubscribed’ for end-of-life admin startup End-of-life admin service Settld has closed its initial seed funding round with £500,000 of new investment. Investors appeared extremely keen to get in on the startup’s action as Settld’s initial funding round closed £300,000 over-subscribed. The investment comes as the death-sector disrupter creates waves in […]Read More
01 June 2020 HiveHR secures £500,000 following strong growth Employee voice platform secures further funding after enjoying strong growth as more organisations look to stay connected to their newly remote workforce. The North East Development Capital Fund (“NEDCF” or “the Fund”) has led a £500,000 funding round for Newcastle-based HiveHR Ltd (“Hive”), an innovative employee […]Read More
SPORTS STREAMING PLATFORM SCREACH SECURES $2M TO LAUNCH INTERNATIONALLY UK-based tech firm Screenreach secures $2m funding round to roll out its Screach live sports streaming and advertising platform internationally Screach gives broadcasters and sports rights holders a frictionless, low-cost way to generate revenue from enterprise venues and access to a $10bn global market Screach’s smart […]Read More
Tees Valley haulage recruitment firm raises £300k to drive growth A recruitment platform which allows haulage operators to reduce costs has raised a further £300,000 to support its expansion plans. Avail Technologies has secured funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and directors […]Read More
BGF INVESTS £14 MILLION IN TECH-LED PROCUREMENT BUSINESS BLOOM April 2021: Growth capital investor BGF has invested £14 million in Bloom (Bloom Procurement Services), based in the North East and headquartered in Gateshead. Bloom is the UK’s only public sector procurement marketplace offering an end-to-end managed service procurement solution. Founded in 2011 by Adam Jacobs, the executive chairman, Bloom […]Read More
Zedsen closes $12m Series B and appoints Dr Caroline Hargrove as CTO to develop non-invasive biosensor Zedsen, a UK company developing breakthrough non-invasive technology that helps consumers understand their health based on data coming from their bloodstream, announces that Dr. Caroline Hargrove, former CTO of Babylon Health, has joined its leadership team. Dr. Hargrove is […]Read More
One Utility Bill extends funding to £3.3m in the past year One Utility Bill – the Newcastle-based business which simplifies the utilities experience for consumers, landlords and letting agents – has raised a further £1.6m in its second fundraise within a year. The follow-on investment round was led by incumbent investors DSW Ventures, the venture capital business […]Read More
Maven leads £1.5 million funding round in Boiler Plan A market disruptive platform that sells, installs and services boilers is to invest in a new operating platform following year-on-year growth Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has led a £1.5 million investment in Boiler Plan (UK) Ltd (“Boiler Plan”), […]Read More