While banks are still reluctant to free up additional finances, small businesses are being forced to search for alternative sources of investment. One alternative route that is proving to be increasingly popular with SME’s is crowdfunding.
online printers moo.com is to purchase Flavors.me, a design-led personal identity site known as the digital you with over half a million members in 200 countries, from HiiDef Inc.
London Business Angel (LBA) and venture capital backed High Sensitivity Fluorescence Business, Sirigen Group Limited, has been acquired by BD (Becton, Dickinson and Company), a leading global medical technology US based company for an undisclosed sum.
London-based crowd analytics software specialist Crowd Vision has closed a substantial funding round which will enable the business to expand international sales activities and execute product development plans.
The international entrepreneur, businessman and technologist used his platform at the St Petersburg International Economic Forum to put forward his formula for success and predictions for the next decade.
Nick Holzherr, finalist on BBC1’s The Apprentice this year, has launched a £14,500 funding bid for Whisk, the online shopping business, on peoplefund.it
Julie Meyer has announced that she has raised £5.3m through her Ariadne Capital vehicle and is set to invest in the media, technology, financial, health and clean technology sectors.
Octopus Investments have announced that is has exited from AVM Limited, the leading visual communications systems integrator in the UK, delivering a return of 2.5x to investors across its range of Eclipse Venture Capital Trust funds.
Elizabeth Emanuel, best known for designing Diana, Princess of Wales’s wedding dress, is attempting to raise £1.5m from Angels to fund her new design business.