Alternative Finance for Business

Deepbridge EIS to raise £86m this tax year for tech start-ups

Deepbridge Capital EIS fund wants to nearly triple £29m raised through EIS in 2020/21 tax year, enabling deeper investment in more companies

News

City of London to reinvent itself as technology start-up hub

Square Mile to provide ecosystem connecting tech start-ups to City backing alongside advice and workspaces

Venture Capital Funding

Black founders raise just 1% of pre-Seed venture capital funding

Given half of founders who raise VC are based in London, where 16% of population is black, shows how underrepresented minorities are

Funding

Deals of the week April 19 to April 23 – a GrowthBusiness roundup

Growth Business roundup of Deals of the Week, April 19 to April 23, listing seed funding, venture capital and crowdfunding deals of note

Venture Capital Funding

UK scale-ups account for one third of all VC investment in Europe

Venture capital investment in British hits record £5.1bn in first three months but investors shy away from backing start-ups

Venture Capital Funding

Redrice Ventures closes £50m fund for digital-first premium brands

Britain’s luxury brand sector is worth £48bn to the UK economy, yet venture capital investors have shied away from investing

Funding

Deals of the week April 12 to April 16 – GrowthBusiness roundup

Growth Business roundup of Deals of the Week, April 12 to April 16, listing seed funding, venture capital and crowdfunding deals of note

Venture Capital Funding

ITV AdVentures to invest £15m in consumer start-ups this year

Media-for-equity, a well-known concept in Europe, offers ad spend in exchange for an equity stake in fast-growth consumer scaleups

Venture Capital Funding

Authenticity is key when it comes to Octopus Ventures backing your startup

Too many founders overprepare when pitching for Seed and Series A, says Alliott Cole, co-CEO of £1.3bn VC Octopus Ventures

Funding

Deals of the week April 6 to April 9 – GrowthBusiness roundup

Growth Business roundup of Deals of the Week, April 6 to April 9, listing seed funding, venture capital and crowdfunding deals of note

Growth Planning

75% of mid-sized businesses expect revenues to recover within one year

Nearly 90% of medium-sized businesses expect to hire more staff over the next six months, according to BDO report

Venture Capital Funding

Seedcamp makes first 17 investments through £78m Fund V

Seedcamp has becomes one of the busiest and most successful early-stage investors in Europe with a portfolio of 400 start-ups including four of the continent’s fastest-growing companies