Ember: All-electric intercity bus network backed by Monzo co-founder Tom Blomfield raises £11m March 26, 2024 Ember, a company which is creating one of the UK’s first all-electric intercity bus networks, has raised an extra £11m.
UK venture capital investment slumps to lowest levels since Brexit vote despite DAZN and Castore deals March 25, 2024 The amount of venture capitalist investment in the UK slumped by 45 per cent in 2023, according to new data.
Ukrainian venture capital group launches partnership to challenge sector ‘orthodoxy’ March 21, 2024 Ukrainian group Roosh has launched a partnership with Canadian startup builder Tiny Studio to challenge 'private equity orthodoxy'.
Amati’s AIM-focused venture capital trust could ditch the growth market as performance plummets March 14, 2024 The venture capital trust, which launched in 2001, has seen its share price continue to shrink in recent years and credited this to "ongoing challenges in the AIM market."
Anne Boden: ‘Things haven’t got much better for women in tech in 40 years’ March 14, 2024 Former Starling Bank chief Anne Boden sits down with City A.M. to discuss her early career, sexism in the City and life beyond the bank.
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses March 13, 2024 Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England.
Foresight venture capital trusts make 10 times return on spectroscopy firm sale March 12, 2024 The group has been soled to an unnamed American investor for £11.2m, more than 10 times what the VCTs paid for it in 2015.
Wise founder and Legal & General back £63m ‘inclusive’ London start-up venture fund March 12, 2024 Legal & General and the founder of fintech firm Wise are among a host of big name investors to back a new London venture fund looking to pump cash into “inclusive” start-ups.
YFM smashes target raising £90m for British smallcap VCTs March 11, 2024 Since January 2022, the funds have invested around £70m in a variety of UK business, including the North West's first unicorn, Manchester-based cloud data platform Matillion.
Agronomics posts loss, sees improving outlook for cell-cultured low-carbon food products February 14, 2024 The Isle of Man-based venture capital firm saw its net asset value fall 0.2 per cent throughout the year