Member News

INDOOR REVOLVING SKI SLOPES Bringing total funds raised to £571,900

31 May 2012

£356,000 April

Second round financing for this company which has the UK rights to a Dutch indoor ski slope which works on a treadmill principle. With variable speed and elevation and not requiring sub-zero temperatures these slopes have considerable advantages over snow domes and provide an excellent training venue, as well as being great exercise. This funding round will enable the company to build three further sites and then be self-financing.

HIGH VALUE HEALTH SUPPLEMENTS FROM ALGAE Bringing total funds raised to £650,000

31 May 2012

Additional funding January

This algae-to-neutraceuticals company has attracted increasing interest since Beer first raised startup capital for it in Q2 2009. It is now approaching seven-figure revenues, is cashflow-positive, is enjoying vigorous growth in demand for its initial product 'Astaxanthin', and is likely to be capacity-constrained for the foreseeable future. As the business has become 'derisked', it attracts more widespread attention, and that figure may rise.


31 May 2012

£600,000 April

This diversified manufacturer of small scale renewable energy products came to Beer & Partners in mid- January 2012, seeking to complete its latest £1.3m round of fundraising having £700,000 already committed from existing and new investors. Investments from two Beer Investors were secured with one agreeing terms within three weeks of meeting and a second within one week. In fact this round could have been oversubscribed by almost a quarter.

LEADING EDGE SKIN CARE AND MEDICAL TECHNOLOGY Bringing total funds raised to £211,000

31 May 2012

Additional £86,000 March

A group of Beer Investors have invested alongside both existing and other new investors into this spin out from St Andrews University. The company has developed and launched a range of products that allow treatment of commonly occurring skin cancers to be carried in the primary care arena rather than within specialist dermatology clinics. This funding round will take the business into profitability and allow the company to roll out its technology into other common skin treatment areas.

UTILITY SUPPLIER Bringing total funds raised to £930,000

31 May 2012

Additional funding April

This company is a fully Ofgem regulated supplier of gas and electricity into the niche tenanted property market. The company is growing rapidly. Beer investors have participated in 4 funding rounds to date with funds supplied as a mix of equity and convertible loans.

Acting for Beer & Partners Ltd – Patrick Angier – Scotland


31 May 2012

£180,000 January

First tranche of a total of £600,000 being invested into this company which operates and constructs wind farms. After presenting at our Investment Fair in November 2010 investment interested was confirmed at an early stage but was not committed until the planning permissions were granted for the sites in early 2012.

Acting for Beer & Partners Ltd – Chris Scott – South East Region