finnCap launches a new offering
finnCap is pleased to announce the launch of finnCap Angel Network ("fAN Club"), a new offering aimed at providing specialist support to ambitious small businesses that wish to achieve an IPO in the near term. Funding for small-cap companies remains constrained from banking sources despite the signs of global economic improvement while High Net Worth investors continue to seek long-term investment in value-adding businesses. The new offering will aim to source ambitious small businesses looking to grow and secure a pre-IPO funding, and committed Angel investors via the Company's network of intermediaries, including private client brokers, family wealth offices, accountants, lawyers, fund managers and other investor networks.
The London Business Angels network and the Angel CoFund are coming together to invest £2 million into Blu Wireless. A £2 million investment into technology business Blu Wireless has been dominated by a £1 million commitment from London Business Angels private investors - represented by Qi3 Accelerator. Bristol-based Blu Wireless is involved in wireless communication and is producing a system to switch between processors to allow for greater bandwidth on 4G and WiFi connections.
Oxygen Enterprise Partners (OEP), the region's biggest investor in technology startups, has acquired Central England Business Angels (CEBA). Founded in November 2007, CEBA is an angel investor network which has raised £4.5 million of investment for 40 companies to date. The acquisition marks OEP's diversification into a broader sectoral base and will see CEBA branch into multiple regional syndicates from its current one.
On the 2nd of July, the angel network Silicon Beach Business Angels (SBBA) won the prestigious Best New Entrant to the Angel and Early Stage Investment Market award by the UK Business Angels Association.Silicon Beach Business Angels is thrilled to have won theBest New Entrant award 2013 by the UK Business Angels Association.
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