News

LBA investors in line for significant medium term return following completion of Brandwatch’s $6m round

20 March 2012

Brighton based social media monitoring speciliast, Brandwatch has raised $6m from Nauta Capital and current shareholders, including PR distribution company Gorkana Group. LBA investors hold a significant minority stake in the company, having invested over £450k, including an investment of £42k by the LBA EIS tracker 2 fund, between 2006 and 2007.

LBA syndicate helps to close Oxtex’s £150k funding round

7 March 2012

Early stage Oxford based medical device specialist, Oxtex, has completed a £150k funding round which included investment by a syndicate of LBA angels.

£332k investment by LBA cornerstones Michelson Diagnostic’s £607k funding round and takes LBA’s total level of investment in the company to over £1.5m since 2007

6 March 2012

Kent based medical device specialist, Michelson Diagnostics, has closed a £607k funding round which was cornerstoned by a £332k investment by LBA. The investment comprised of £240k follow-on investment by existing LBA investors and £92k of new LBA investment, including a £55k investment by the LBA EIS Roundtable Syndicate Fund.

Angel Capital Group delighted to become part of the Next Generation Finance Consortium

24 February 2012

The Next Generation Finance Consortium (NGFC) has today been formed by a group of progressive thinking finance-oriented organisations who are seeking to change the finance landscape in the UK in response to growing demand for alternative sources of business finance.

£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.

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.

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: