Ipswich-based IV Offshore is the latest East Anglian SME to receive funding from the Supply Chain innovation for Offshore Renewable Energy (SCORE) programme.
Bug busting technology from Cambridge UK startup Bactest has so captured the imagination of investors that initial fundraising targets have been handsomely surpassed and prompted the company to start stockpiling additional funds through the crowd.
Imperial Innovations is striking it rich in the UK’s golden triangle having seen the value of its portfolio soar almost 40 per cent to £252 million in the year to July 31.
The Le Mark Group, based in Houghton, Cambridgeshire, has been awarded over £8,000 from the SCORE programme to help launch the latest range of its Dirty Rigger heavy duty gloves – designed specifically to meet the demanding needs of workers in the offshore energy industry.
Imperial Innovations in Cambridge last night pledged to maximise a £200 million war chest to fund new technology plays in addition to its own portfolio companies in the UK.
Anglia Capital, headed up by Struan McDougall, has expanded with a move to Norwich Research Park in a bid to exploit the region’s rapid growth sectors.
Cambridge UK law firm Mills & Reeve has advised chemical technology company Molecular Products Group Limited on a £4 million investment from the Business Growth Fund (BGF).
The University of Cambridge is raising a third enterprise fund this month having broken its early stage investment record for a second year running, approving nine seed fund investments for a total of £2.7 million – an increase on the £2.3m invested in 2012/13.
Companies in Cambridge are being urged to take a look at a bold new $200m third venture capital fund from DN Capital LLP – one of the UK’s leading venture and growth investors.
Founded in 1989, Anders+Kern UK Ltd is a leading distributor & integrator of audio visual solutions, with particular specialisms in digital signage, video walls, room booking, projection screens, writing surfaces and AV install services.
Jonas Seafood, Norfolk’s premium crab and lobster supplier, is capitalising on the UK’s economic recovery by investing for rapid growth this year, boosting both production capacity and employee numbers.
Cambridge ideas may have changed the world but all too often those innovations are sold by the founders before they realise their potential as multi-million pound companies.
Peter Cowley, a serial investor in the Cambridge technology heartland, was last night named Angel Investor of the Year at the UK Business Angels Association's Investment Awards.
Sphere Fluidics in Cambridge UK has secured £1.4 million in a first close of a new investment round to fund a new single cell analysis instrument called Cyto-Mine™.
Cambridge entrepreneur Peter Cowley is one of two additions to the investment committee of the Angel CoFund, a £100 million UK Government-backed fund for supporting and growing British SMEs.
A Norwich company that produces an online magazine for electronic music fans worldwide has secured £175,000 funding thanks to an initiative from UK Trade and Investment (UKTI) that introduces digital media companies to potential investors.
- Anti-terrorist innovator raises £700k via SyndicateRoom
- Imperial raising £150m as investee companies seek £100m growth cash
- Eli Lilly backs $80m early stage life science fund
- Servest Group raises £90m
- New test bed fund launched for UK innovators
- High flying e-Go aeroplanes soars close to £1m
- Ion men raise millions for global growth
- Shell Springboard cash for PDX cooking technology
- Imperial going hell for leather
- Imperial joy at £581m Circassia float valuation
- Amadeus cashes in on €405m Octo sale to Renova
- Crowded house as music-gaming venture raises £285k
- Further US funding for Intelligent Fingerprinting
- Spotify rival raises funding
- Biopharma startup raises $3.1 million
- Thanks a million as Imperial backs Aqdot
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