Zalando was founded in 2008 as a shoe retailer for the German fashion market. One year later, they began to ship their goods to Austria, and they have continued to expand across Europe.
An app created by Seventeen-year-old Nick D’Aloisio who took time off school to develop the Summly smartphone app has been acquired by web giant Yahoo in a deal understood to be worth just under £18 million pounds.
Early stage, Cambridge based, life science company, Sphere Fluidics, has closed a £1.6m funding round which included a £133,000 investment by a syndicate of London Business Angels and its EIS Approved Roundtable Syndicate Fund 2012.
A tidal energy platform specialist, Sustainable Marine Energy (SME), working closely with Cranfield University, has completed a £150k SEIS eligible funding round which was corner-stoned by a £133k investment by a London Business Angels (LBA) syndicate, including a £40k investment by the LBA SEIS Roundtable Syndicate Fund 2012.
NewVoiceMedia, the provider of Cloud contact centre services, has announced that it has secured $20m funding from new investors Highland Capital Partners Europe and MMC Ventures, as well as existing shareholders Notion Capital and Eden Ventures.
ClickSlide has successfully closed its seed funding round, securing an undisclosed investment from Ariadne Capital Entrepreneurs (ACE) fund and three angel investors.
The Business Growth Fund (BGF), established to help the UK’s fast growing smaller and medium sized businesses, has announced a £2.5 million investment for a minority stake in Manchester-based Boost Juice Bars UK (Boost) a growing chain of retail stores specialising in the sale of freshly made smoothies and juices.
Rangespan, the e-commerce start-up that is already working with Tesco, Argos and Asda, secures investment as it launches an innovative market data service for retailers
The Silicon Roundabout-based social data analytics provider Likely has announced the completion of a £1million equity investment led by growth capital specialists New World Private Equity together with seed and early stage specialists Charlotte Street Capital.