News

£643k investment by LBA anchors Phase Vision’s £1.5m funding round, marking the 17th deal that LBA has closed in 2011 with total investment of over £10m into the early stage market

31 January 2012

Loughborough based industrial inspection instrumentation company Phase Vision has closed a £1.5m funding round which was anchored by a £643k investment by LBA, including a £100k investment by the LBA EIS roundtable syndicate fund.

LBA angel syndicate investment helps to close Bactest’s £900k funding round

30 January 2012

Early stage Cambridge based biotechnology and sustainability specialist, Bactest limited, has closed a £900k funding round which included an investment by a syndicate of LBA angels. The company develops products that enable the billion pound water market to significantly reduce electricity spend and carbon emissions.

£125K investment from a London Business Angel Syndicate helps close Michelson Diagnostic’s £1.92m Series A Round

1 December 2011

Kent based medical devices specialist, Michelson Diagnostic, has closed a £1.92m Series A round which included a £125k follow on investment from a syndicate of existing LBA shareholders, taking the total investment into the company since 2007 by LBA members to over £1.2m. Further LBA investment is scheduled for the next month too.

Significant investment from LBA “Superangel “ Bruno Deschamps helps cornerstone Solus Scientific’s £700k funding round

30 November 2011

Early stage Glasgow based bacteria detection specialist, Solus Scientific, has closed a circa £700k funding round which included a significant investment by LBA "superangel" Bruno Deschamps, Chairman & CEO of Entrepreneurs Partners LLP and EP Capital Ltd.

Chancellor announces major new tax relief for seed stage investing

29 November 2011

Chancellor George Osborne’s Autumn statement today announced a major new tax relief of 50% for investing in seed stage businesses called SEIS. The Chancellor announced:

Government announces major catalyst for angel investing in innovating entrepreneurs

29 November 2011

Business Angel Investing received a strong boost from Government today, through both a new major 50% tax relief for seed stage investing and the launch of a new £50m angel co-investment fund.

City of london corporation to generate over £10 million a year of angel investment to propel growth of tech city

25 October 2011 - 11:00pm

Today, at an event hosted by Stuart Fraser, Chairman of the Policy and Resources Committee, the City of London Corporation announces the launch of a new flagship scheme, Angels in the City.

£135k investment from LBA Angel Syndicate helps cornerstone Cycell Ltd ‘s £600k angel funding round

29 September 2011 - 11:00pm

Early stage London based specialist mobile network operator Cycell Limited has closed a £600k round which included a £135k investment from a LBA angel syndicate.  The company offers a full range of specialist white label easy-to-use handsets, for which it owns all  intellectual property, and airtime contracts to its clients.

LBA Super Angel invests significant undisclosed sum into Weight Wins Limited

27 September 2011 - 11:00pm

Early stage, London based consumer web, health and wellness company, Weight Wins Limited,  has successfully closed a significant funding round with the entire investment raised through from LBA.

LBA Angel Syndicate closes £250k seed round into Orbel Health Limited

6 September 2011 - 11:00pm

Early stage London based Healthcare company Orbel Health Limited has closed its £250k round with the entire investment raised from an LBA syndicate which included sector specialists. The company has developed a unique patented hand disinfector dispenser to tackle all the problems associated with hand hygiene.