DN Capital, the UK-based software and digital multimedia venture capital firm, has reached a first closing on its second fund, Global Venture Capital II (GVC II). The London-headquartered VC has raised just under half of its €100m target, and expects to reach final close by the end of the year. The fund will invest two-thirds […]
UK venture secondaries firm Shackleton Ventures has closed its second fund on £25m and made its first acquisition with the purchase of a 13-strong investment portfolio from 3i for an undisclosed amount. Shackleton Secondaries II (SSIILP) received the majority of its backing from an unnamed European fund-of-funds investor with over €1.5bn under management. The new […]
Entrepreneurs in the UK are not concerned about protecting intellectual property (IP) and do not see it as a barrier to success according to a survey carried out by VentureNavigator, the online service for small businesses, start-ups and entrepreneurs. Respondents also revealed that their primary motivation behind starting a business was not financial reward, which […]
Isango!, an online travel agency which has become a market leader in under two years, has closed its first institutional round on US$8m. The round was led by London’s SPARK Ventures which committed half of the total round amount, with Beringea, manager of the ProVen suite of VCTs, added US$2.5m and the remaining US$1.5m came […]
Small, private companies in the UK could find the year ahead a challenging one according to Modwenna Rees-Mogg, managing director of Venture Index. Following a year which saw investment in British enterprise reach a record high of £85m, the current economic turmoil hitting the buyouts market is threatening to spread to early-stage investment. Rees-Mogg said: […]
Hedge funds and large institutional investors are competing with VCs for large deals according to data from Go4Venture, a London-based corporate finance advisory firm for European technology entrepreneurs and their investors.
The UK Department for Innovation, University and Skills (DIUS) has released a Science and Innovation White Paper which calls on the government to increase spending to create demand for new innovative products and services.
Barclays Private Equity has more than doubled its investment in Kurt Geiger, the luxury shoe retailer, by selling it to mid-market player Graphite Capital for £95m. Kurt Geiger, which is also headquartered in the UK capital, sells its own and third party premium and luxury footwear brands such as Prada, Gucci and Jimmy Choo.
Hedge funds and large institutional investors are competing with VCs for large deals according to data from Go4Venture, a London-based corporate finance advisory firm for European technology entrepreneurs and their investors.
The UK Department for Innovation, University and Skills (DIUS) has released a Science and Innovation White Paper which calls on the government to increase spending to create demand for new innovative products and services.