Rosebud Finance, a Lancashire-based business loans provider, has injected £5.8m into 43 businesses across the region since July 2019, when GC Business Finance was appointed as the funds delivery partner.
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Archangels invests £13.8M in tech & life science companies
Edinburgh-based investment syndicate, Archangels, invested more than £13.8m during 2023 in eleven of Scotland’s best early-stage tech and life science companies.
Frasers Group snaps up luxury clothing website Matches Fashion for £52m
Frasers Group has snapped up luxury clothing website Matches Fashion for £52million.
Number of young entrepreneurs selling their businesses increases by nearly quarter in one year
The number of entrepreneurs under the age of 40 selling their businesses has increased by 23% in the last year, rising from 4,719 in 2019/20 to 5,803 in 2020/21, new research shows.
Harriet raises £1.2m to transform HR with AI
Harriet, the first full-stack AI solution designed to get companies’ internal data ready for the AI revolution, relieve People teams of their daily admin burden, and give every staff member their own HR assistant, has raised a £1.2m pre-seed round led by Concept Ventures and joined by Frontline Ventures, Portfolio Ventures, and Notion Capital.
Saudis buy 49% stake in Forte Hotels group
Sir Rocco Forte is increasing the pace of expansion of his luxury hotel group after selling a 49 per cent stake to Saudi Arabia’s sovereign wealth fund which values the business at £1.4 billion.
£10.5m funding deal accelerates next stage of growth for Yorkshire SME
A Yorkshire-based property company, which specialises in buying homes for cash in just seven days, is eyeing further expansion having gained full shareholding ownership of the business after securing a £10.5m funding solution.
Octopus EV silently speeds past £1 billion electric car funding
Octopus Electric Vehicles (Octopus EV) has agreed a £550 million debt securitisation facility from Lloyds Bank to fund electric vehicles, accelerating total EV funding to £1.2 billion.
Liverpool’s VEC to deliver £5.1m innovation support programme for city region’s SMEs
A new partnership between the University of Liverpool’s VEC (Virtual Engineering Centre), Liverpool John Moores University (LJMU) and Edge Hill University has launched to support business innovation across the Liverpool City Region (LCR).
Maison Sport Secures £3M Investment to Expand European Reach and Onboard More Travel Agents
Maison Sport, the leading online platform connecting ski enthusiasts with professional instructors, has announced the successful completion of an ambitious £3.1 million investment round, bolstering its position as a trailblazer in the ski tech industry.
Paysend Raises $65 Million in Latest Funding Round, Including Strategic Investment from Mastercard
Paysend, a global fintech leader in international money transfers, has successfully raised an impressive $65 million in its latest funding round.
CatX raises $2.7 million to bring more alternative capital into the insurance sector
CatX, a platform designed to facilitate the flow of alternative capital into the insurance sector, has successfully raised $2.7 million in seed funding. Its backers include top Silicon Valley venture capital firms and angel investors from leading proprietary trading firms and hedge funds.
Fitness tech start-up secures new £5 million to help improve peoples’ lives through running in latest investment round
The team behind runny, the world’s #1 rated personalised running coaching app that launched in 2021, has closed its latest venture capital round having raised £5 million.
1nhaler raises £2 million to develop single-use sustainable inhaler
1nhaler, a Scotland-based drug delivery device developer, has raised £2 million to develop its unique single-use dry powder inhaler (DPI).
Ground-breaking UK Export Finance deal secures huge investment in North-East England
UKEF and K-Sure have secured support worth £367 million for South Korean manufacturer SeAH Steel Holding’s construction of a wind tech factory near Redcar, in the Tees Valley.
