13 July 2021

Eka Ventures becomes the largest impact-driven early stage venture capital fund in the UK as it closes at £68m ($95m)

Eka Ventures is an early stage venture fund that is integrating impact investing into mainstream venture capital The firm will invest in category-defining consumer technology companies that positively shape the world, making it more sustainable, healthy and inclusive. Eka’s team has strong expertise in backing consumer-tech companies such as Gousto and Bloom&Wild Investors in the […]

6 July 2021

Final Future Fund data shows scheme completed £1.14bn of Convertible Loan Agreements

£1.14bn worth of convertible loans completed for 1,190 companies 41% of funding to companies outside London worth £463.7m 78% of funding to mixed gender senior management teams 56% of funding to Black, Asian or Other Ethnic Minority background & White senior management teams 34% of funding to technology and IP-based businesses Today the British Business […]

6 July 2021

Analysis of final Coronavirus loan scheme data shows £79.3bn of loans to 1.67m businesses, evenly distributed across whole of the UK

£47.4bn Bounce Back Loan Scheme £26.4bn Coronavirus Business Interruption Loan Scheme £5.6bn Coronavirus Larger Business Interruption Loan Scheme Outside London and the South East, the North West reports the largest usage of CBILS and BBLS Wholesale and retail sector received highest value of loans (£12.4bn), followed by Construction (£11.7bn).  Today the government publishes new statistics […]

16 June 2021

Equity investment in smaller UK businesses reached a record £8.8bn last year

Investment into the UK deep tech sector has grown significantly in the past five years, rising 291% to £2.3bn, but still lags behind the US, the market leader Total value of equity investment in smaller businesses reached £4.5bn in Q1 2021, the highest amount ever recorded in a single quarter British Business Bank programmes supported […]

19 April 2021

Redrice Ventures reaches £50 million first close for venture fund to back the next generation of category-leading and culture-defining brands

A group of leading entrepreneurs and investors have joined forces with the sector body for British brands to reach first close for a £50 million venture capital fund that will support some of the most exciting purpose-led brands and related technology companies in the premium consumer space. Redrice Ventures (“Redrice”) has brought together a combination […]