The UK’s largest EV rapid charging network, InstaVolt, announces a significant capital raise from the company’s existing investors, EQT Infrastructure to ensure the pace of its roll out continues across the UK and Europe, including Iceland, Portugal, Spain, and the Republic of Ireland.
Category: Get Funded
CapitalRise secures £250m bank funding line to further accelerate its lending capabilities
Leading prime property finance firm CapitalRise has today announced a new £250m bank funding line, as part of the firm’s wider approach to diversify and increase the resilience of its capital sources and facilitate further lending growth.
Startup bank headed by Lord Mandelson raises £25m from investors
The Bank of London, a new clearing bank which boasts Lord Mandelson on the board, has raised £25m from investors after falling to a second annual loss.
Rosebud accelerates the growth of 43 businesses across Lancashire
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.
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.