Challenger bank Mondo, which is mobile-first by design, is in the midst of a £6m hybrid investment round and wants customers to become investors by contributing £1m through equity crowdfunding service Crowdcube.
London-based Admedo, the programmatic advertising platform used by the likes of Boots and Airbnb, has secured a $6m Series B investment led by MMC Ventures.
In a campaign supported by business secretary Sajid Javid and transport secretary Patrick McLoughlin, the British government has committed a £20m investment to driverless car technologies to improve the country’s productivity and infrastructure.
If the breaststroke is too mundane for you, marine tech enterprise Supermarinovation has closed its first round of equity investment, which will support the company as it ramps up the scale of its x2 Sport underwater jet pack venture.
Indeed, running a startup business is pretty enjoyable, but unless you turn this into a real business then let’s be honest, it won’t last very long. But how can you make your venture a real business We conducted a handful of interviews to find out how successful companies climbed the ladder and transformed by managing finances.
After Real Business was granted exclusive early access to a report looking at the impact of reward-based crowdfunding both in the UK and around the world, we quizzed its lead author Barry James about the scope of his statistics and the impact crowdfunding could have in the future.
British retail giant Sports Direct, which is owned by billionaire boss and Newcastle United owner Mike Ashley, has made “strategic US investments” in two American sporting businesses, opening the door to brands including rapper Jay-Z’s Rocawear.
Equity crowdfunding platform Crowdcube experienced a record-breaking year as investments via the channel hit £83m in 2015, and 2016 will see the firm launch a Northern Powerhouse focus with a Manchester office opening.
Peer-to-peer finance business Lending Works demonstrated significant growth milestones in 2015, showcasing how powerful the P2P platform has become as the number of loans via the platform rose fourfold.
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