Mayfair firm completes £2m Series A investment for healthcare ‘innovator’
A London venture capital firm has completed a multi-million pound investment into a healthcare ‘innovator’. Mayfair-based investment house IW Capital has invested £2m into medtech GPDQ in a Series A...
View ArticleStartup Funding Club secures £10m from British Business Bank subsidiary
A subsidiary of the British Business Bank has committed to providing multi-million pound funding to Startup Funding Club (SFC). The firm will be able to access £10m from British Business Investments to...
View ArticleMental health platform set for expansion with six-figure government backing
A North East-based mental health and wellness platform has secured six-figure funding from the government’s business innovation programme. Myndr, which is based in Newcastle, has received £300k...
View ArticleFacing COVID-19: The digital acceleration programme helping keep education...
An education tech company has launched online learning resources through a North East digital acceleration programme. Spark Tees Valley offers interactive video content and unique cross-curricular...
View ArticleLondon consulting firm increases revenue 17 per cent ahead of "challenging" 2020
A professional services company has announced that its revenue has increased by 17 per cent over the last year. Management Consulting Group, headquartered in London, has reported revenues of £33.2m for...
View ArticleLoan helps drum company beat coronavirus after 90 per cent income loss
A London music firm has announced that it is receiving a five figure loan to help it through the coronavirus lockdown. London Drum Company, which is a supplier of drum and percussion instruments, has...
View ArticleFacing COVID-19: the adtech firm supporting NHS volunteer drivers and key...
A London-based transit advertising specialist has launched a new programme to support its drivers. Adverttu, which specialises in on-car advertising, has pivoted its transit media platform and adapted...
View ArticleChancellor unveils 'Bounce Back Loans' for micro businesses: firms react
Today (April 27) Chancellor Rishi Sunak announced the launch of a new fast-track system for lending for small businesses during the COVID-19 pandemic. Businesses and organisations from across the...
View ArticleM&S to unveil “never the same again” transformation plan in the wake of COVID-19
Retailer Marks & Spencer (M&S) has taken steps to strengthen its liquidity during the COVID-19 pandemic and secure its long-term future. The firm has announced it has reached an agreement with...
View Article‘Guilt-free’ instant noodle startup smashes £1.75m Seedrs target
A food firm specialising in healthy instant noodles has hit its crowdfunding target less than a week after the campaign launch on Seedrs. Mr Lee’s has announced it has secured £1.75m from 220 investors...
View ArticleTeesAMP developer launches new regeneration venture
The developer behind the £55m Tees Advanced Manufacturing Plant (TeesAMP) has launched a new venture focused on regeneration projects. Tees Valley-based property developer Geoff Hogg has launched...
View ArticleGreggs to reopen 20 stores in Newcastle on trial basis
A North East bakery chain has announced that it will reopening some of its stores on a trial basis. Greggs, headquartered in Newcastle, has more than 2000 stores across the country, and will trial...
View Article“Steeper than anticipated” sales decline puts pressure on Next’s online...
Retailer Next has conducted a revised stress test after seeing its sales drop more than initially expected due to the ongoing COVID-19 crisis. In a trading statement this morning, the firm announced it...
View ArticleInvestment firm raises £2m for ‘breakthrough’ plant protein microplastics...
A London investment house has led a multi-million pound funding round for a firm aiming to reduce microplastic pollution. Amadeus Capital Partners, along with Cambridge Enterprise, led a £2m investment...
View ArticleMeet The MD: Theta Financial Reporting managing director Chris Biggs on...
Business leader Chris Biggs has had experience within the accounting and financial services industry on both sides of the Atlantic. Through his experiences at some of the world’s largest financial...
View ArticleElectric bike firm launches crowdfunding campaign to meet demand for key...
An electric bike specialist in the North East has launched a crowdfunding campaign to meet the growing demand for key worker transportation. Ride Electric, which is based in Tynemouth, has launched the...
View ArticleThis week's North East appointments
Helder Costa, Mohima Khan and Megan Wilson, The Common Room The Common Room has appointed three new members, Helder Costa, Mohima Khan and Megan Wilson, to its youth board. Liz Mayes, chief executive...
View ArticleThis week's London appointments
Sophie Chamberlain, Simon Denye and Robert Wilson, ETC Tax ETC Tax has announced that it has appointed two senior managers after seeing revenue rise by 15 per cent in the space of the last 12 months....
View ArticleHotel Chocolat secures £35m credit facility after seeing "material impact" on...
A UK confectioner has announced that it has secured a £35m revolving credit facility to support it through pandemic restrictions. Hotel Chocolat, which trades internationally, reported today that the...
View ArticleSocial video firm sees 1,231% follower increase with new strategy
Social video company Brave Bison has announced a “sharp rise” in channel KPIs since implementing its new content strategy. The firm has seen a follower increase of 1,231 per cent, with video views of...
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