Not content with resting on their laurels, the leaders of Turtle Wax and Ripmax explained why they went in search of a finance supplier and credit line that would provide the ammunition needed to be even more ambitious.
Airhop, the Bristol-based trampoline park operator, is ready to bounce towards growth with a £6m loan from Santander, which will help the company open 18 new venues across the UK and Europe.
Winner of the Future Unicorn Award at our Everline Future 50 2016, peer-to-peer lending platform LendInvest has been given a mammoth challenge, but CEO Christian Faes has told Real Business he’s confident the firm can become a $1bn company – by trotting, not galloping.
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.
By Max Williams
The current popular startup narrative is all about hopping from one round of funding to the next, pursuing massive growth or exploding in a spectacular fireball if you don’t make it in time. One startup owner reveals how he weathered the storm when funding wasn’t available.
Edge Investments has received support from the British Business Bank to address the “funding drought” in Britain’s creative industries with a new £40m pot to invest in high-growth enterprises.
3nder – the company formally known as the threesome app – has had its fantasy of expanding growth realised as “two experienced unnamed tech angels” have pumped $500,000 into the business.
Lars Fjeldsoe-Nielson has been recruited by Balderton Capital to lead early-stage investments into new businesses, leveraging experience gained at taxi booking platform Uber – as well as roles at Dropbox, Skyhook Wireless and Voicesignal.
A new business incubator targeted on open data has chosen the first seven winners from its €650,000 pot, and UK businesses led the charge as three were named among the victors.
