Blog by Briony Phillips, Investment Activator
In August, 10 companies closed equity investment rounds amounting to £16.5m. Four of the ten companies have announced news of their investments publicly, but only two of those four have published the amount that they secured. Read on to find out more about who has raised investment and put the news in the public domain already:
Marmalade of London
A Cheltenham-headquartered luxury fragrance brand has secured a six-figure funding package from HSBC UK to increase its footprint in the US and Canadian retail market, purchase an environmentally friendly commercial unit and expand its range of products. Marmalade of London has traded in the UK for ten years and in the US for the past two.
Outpost VFX
A film and TV visual effects (VFX) company – which has worked on the likes of Thor: Love and Thunder and House of the Dragon – has secured a multimillion-pound follow-on investment from YFM Equity Partners. Outpost VFX is partnered with global streaming platforms such as Netflix, Amazon and Apple, as well as major Hollywood studios including Universal, Paramount, CBS and Lionsgate.
Recently, the Bournemouth-headquartered company – which has studios in Los Angeles, Mumbai, Montréal and London – has been nominated for two Emmy Awards for The Man Who Fell to Earth and Foundation.
BBC Maestro
BBC Maestro – the online education platform providing access to expert masterclasses with the likes of David Walliams, Marco Pierre White and Mark Ronson – has completed a multi-million-pound funding round to facilitate market growth. The investment was led by BGF, while existing investor Downing Ventures also contributed.
SuSy Research
SuSy.house, the online virtual consultancy service for homeowners who want to “green” their homes, has announced first-round financing from Phoenix Sustainable Investments. The funding will enable the rollout of three SuSy.house pilot projects in Bristol, UK, the home city of SuSy.house. SuSy.house leverages public domain Big Data with input from geolocation services and smart meter datafeeds to identify opportunities for saving energy, reducing carbon emissions and increasing property value.
This article is written as part of the Investment Activator Programme (IAP) in the West of England. This programme is run by TechSPARK and is kindly sponsored by TLT LLP, delaware, West of England Combined Authority, UWE, Sanderson, Engine Shed and Rocketmakers.
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