The British music royalties investment fund Hipgnosis, known for owning rights to songs by artists like Beyoncé and Neil Young, has accepted a $1.4bn takeover bid from Concord Chorus. This deal, offering shareholders a 32% premium, could signal an end to months of uncertainty surrounding Hipgnosis’s future.
Category: Get Funded
FundOnion targets £1 billion funding goal in bid to close business finance gap
AI-driven business finance comparison site, FundOnion, has announced plans to facilitate over £1 billion in funding to help up to 25,000 SMEs grow over the next four years.
Bloom & Wild’s Losses Soar Amidst Shifting Consumer Trends and Economic Uncertainty
Bloom & Wild faces a challenging financial year as losses exceed £100 million amidst a backdrop of waning consumer confidence and a return to physical shopping. The online florist grapples with changing market dynamics and the aftermath of pandemic-induced surges.
Trump’s Truth Social Faces Investor Exodus as $58M Losses Surface
Shares in Donald Trump’s Truth Social, his venture into social media as a rival to Twitter, plummeted following the revelation of over $58 million in losses last year, intensifying concerns among investors.
Justin King Backs £50m Fund to Invest in Hospitality Firms
A consortium of high-net-worth individuals, spearheaded by Justin King, former chief executive of J Sainsbury, has raised £50 million to pursue acquisitions within the premium restaurant sector.
Trump’s Truth Social Goes Public, Valued at Over $9 Billion
The debut of Donald Trump’s Truth Social took centre stage on Tuesday as the platform’s parent company, Digital World Acquisition, went public, valuing the budding social network at over $9 billion.
ThinCats announces £300m regional fund to support high-growth owner managed businesses
ThinCats, the leading alternative finance provider for mid-sized SMEs, has today announced a new £300 million funding commitment to support the growth ambitions of owner managed businesses across the UK.
Ocean Harvesting to raise €500,000 for InfinityWEC Design Update and Sea Trials Preparation
Ocean Harvesting Technologies AB, the developer of the wave energy converter InfinityWEC, is raising 500,000 Euro to fund a design update of its technology and prepare for upcoming sea trials.
Greensphere Capital Raises £66.3 Million for Gaia Sciences Innovation Fund
Greensphere Capital, a prominent investment adviser, has successfully secured £66.3 million in conditional capital for its Gaia Sciences Innovation fund.
Wickes Ventures into Solar Panel Sector with Acquisition
A Yorkshire-based solar panel installation company has basked in the spotlight as DIY chain Wickes has agreed to acquire the business for up to £36 million.
UK Export Finance Delegation Identifies New Trade Prospects for Benin and Togo
The Minister of Economy, Finance, and Denationalization Programs of Benin, Romuald Wadagni, officially signed a Memorandum of Understanding with Tim Reid, the CEO of UK Export Finance, in the presence of Harriet Thompson, Non-Resident Ambassador to Benin and Non-Resident High Commissioner to Togo.
Funding Circle looks to sell US arm and launches off share buyback as losses deepen
Funding Circle, a prominent fintech firm specializing in small business lending, announced today a strategic shift in its operations aimed at curbing losses and revitalizing its share value.
Eco-Friendly Skiwear Brand, OOSC Clothing, Embarks on Global Expansion with £1.4m UK Government Deal
OOSC Clothing, a pioneering skiwear brand renowned for its eco-friendly ethos, is poised for international growth with a significant financing package secured through UK Export Finance (UKEF) in partnership with HSBC UK.
Tagomics Secures £6.7 Million to Enhance Disease Diagnosis Technology
Tagomics, a trailblazing developer of a state-of-the-art platform for comprehensive disease insight and diagnosis, has announced a successful £6.7 million funding round.
Government Grants Vertical Aerospace Further £8m for Electric Flying Taxi Development
Vertical Aerospace, a pioneer in electric flying taxi technology in Britain, has received an additional £8 million grant from the government, bringing its total taxpayer backing to £37 million.