The Finance for Business North East Finance Proof of Concept Fund has teamed up with a number of angel investors to inject a quarter of a million pounds into software company SocialRel8.
The Business Growth Fund has closed its second deal of the week by teaming up with Scottish Equity Partners to close a deal in the cloud computing sector.
Braveheart Investment Group has completed a £500,000 funding round for Glasgow-based web technology developer AppShare, whose CEO expects turnover to hit £50,000 per month next year.