Envestors, the London based investment company which also has offices in Manchester, Jersey & Dubai, have announced that they have been acquired by the AIM listed Braveheart Investment Group.
Octopus Ventures has announced an investment of £1.3m into Gymbox, a highly distinctive London based health club business. The deal with Gymbox represents the tenth deal Octopus has completed this year, heralding a clear resurgence in venture funding.
Four London Business Angels investors actively participated in the most recent £580k round of funding for London based AudioBoo with the lead angel from the syndicate joining the Board as Chairman. Coined as the Twitter-for-audio, LBA investors now join Channel 4’s media 4iP and Imagination Technologies (supported by both Apple and Intel) in backing this early stage business.