Member News


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. Read more »

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. Read more »

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

Five companies recieve funding within the last six weeks from Central England Business Angels

29 May 2012

Within the last six weeks Central England Business Angels has invested over £1M of Angel Private Equity into 5 companies. The investee companies included Digital Gaming, two manufacturing opportunities, a product distribution into the major retailers, and a University spin-out. Of these, the University Spin-out was an SEIS investment, the others qualified under EIS. Read more »

Central England Business Angels: The first to gain investment from the social impact Co-Investment Fund

29 May 2012

Central England Business Angels is pleased to have introduced the first investment to the Social Impact Co-Investment Fund. It was fortuitous that we were working with Nu Drive, a company producing a new design for wheel chair leveraged propulsion, at the point when FSE approached us with the Social Impact Fund. We immediately saw a match between the social impact of Nu Drive and the need for additional money while preserving equity. Read more »

Glopho’s £150k round cornerstoned by a £100k SEIS structured investment from an LBA syndicate

28 May 2012

Seed stage London based crowd-sourced photo sharing service, Glopho, has closed a £150k SEIS structured funding round which was corner stoned by a £100k investment by a syndicate of 4 LBA angels. The company has developed an internet based free-to-use website for people to upload their news photos and is supported by purpose-built smartphone apps across iOS, Android and Blackberry. Read more »

MBM Commercial advises on 5 deals since the end of March

28 May 2012

BBAA are delighted to announce that MBM Commercial have advised on five deals since the end of March. Please see below for more details: Read more »

Yorkshire Business Angels instrumental in CamStent funding round success

24 May 2012

Medical materials company, CamStent Ltd, has successfully completed a second funding round and Yorkshire Association of Business Angels (YABA) members have played a crucial role in its success.

Following on from the £350,000 raised in the first funding round in July 2011, CamStent aimed to raise a further £400,000 to progress the application of its patented polymer coatings which resist the growth of bacteria in medical devices. The funding round was oversubscribed and closed when applications reached £508,000. Read more »

Tristar Worldwide wins Prestigious Queen's Award for Enterprise

23 May 2012

Chauffeur services company honoured for success in international trade Read more »