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
Techsembly raises £1M from SuperSeed to step up competition with Shopify & Magento The £1m round was led by SuperSeed Ventures, a venture capital fund that invests in ambitious b2b software companies. Techsembly’s users have seen an increase of up to 70% in overseas sales by localising their sites. Funds will be used to further […]Read More
NPIF – Maven Equity Finance leads £600,000 investment into YR Free Liverpool based transformational video collaboration platform secures follow-on funding to make key hires across its management team as it embarks on a programme of growth. NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund (“NPIF”) and managed by Maven Capital Partners […]Read More
Modulr receives strategic investment from the venture arm of FIS FIS Ventures invests in leading UK FinTech Modulr, as it drives real-time payments solutions and capabilities at a global scale. Modulr, the payments platform, is regulated by the Financial Conduct Authority and Central Bank of Ireland, with the EMI also benefiting from direct access to the Bank […]Read More
Company using satellites to detect subsidence raises £1.5m A company whose technology can detect subsidence from satellite data has secured £1.5m from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, and the Government’s Future Fund. The latest funding round comes as Leeds-based SatSense is about to launch its new online […]Read More
GENIE closes second funding round, pioneering post-COVID employment technology Automated talent agent closes second funding round and announces Ad industry legend Sir John Hegarty as chairman GENIE offers a human-focused tech solution to distributed workforces, with ability to adapt to any industry 13th April, 2021 – GENIE, an automated talent agent for the creative industry, […]Read More
RetailTech platform, Loyalize, raises £250k in pre-seed round. The white label engagement platform will use this funding to invest in new talent and increase their focus on payments as retail re-opens following lockdown. LONDON 13 April 2021 – Loyalize, a leading white label engagement platform that combines payment and loyalty into a single transaction, has raised […]Read More
Clim8 has raised almost £6 million in funding from a range of venture funds, cleantech and technology experts and 3,000 retail investors via Crowdcube. Investment include 7pc Ventures (early backers of Oculus acquired by Facebook), British Business Bank Future Fund and a range of successful technology entrepreneurs and executives including Marcus Exall (Monese), Marcus Mosen […]Read More
THIRDFORT SECURES £1.5M TO RAMP UP PRODUCT DEVELOPMENT Leading digital entrepreneur Alex Chesterman among high profile names to have reinvested Funding will support expansion in the legal and property sectors for the digital ID and anti money-laundering startup Digital onboarding platform Thirdfort has secured £1.5m in its latest fund raising, as the Anti Money-Laundering (AML) […]Read More
RankedRight Secures Another Substantial Investment RankedRight, the UK-based platform which is expected to supercharge the efficiency of IT security teams across the world, has secured a further substantial investment, just weeks after it announced it had raised $500,000 in seed funding. The triage system that follows an IT security team’s pre-set rules to automate the […]Read More