British Business Bank

SandboxAQ Strengthens Relationships and Seeks New Opportunities for Innovation and Collaboration in the United Kingdom

Retrieved on: 
Wednesday, January 18, 2023
Climate change, Ecosystem, PALO, British Business Bank, Amadeus, AQ, AI, Public sector banks in India, Amadeus Capital Partners, Acquisition, Software as a service, Risk management, Quantum

PALO ALTO, Calif., Jan. 18, 2023 /PRNewswire-PRWeb/ -- SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum (AQ) technology to governments and the Global 1000, today announced it is strengthening its partnerships to advance quantum technology in the UK and internationally.

Key Points: 
  • As SandboxAQ announced in September 2022, its acquisition of French cybersecurity firm Cryptosense aligned the company with notable European strategic investors, including Amadeus Capital Partners.
  • Amadeus invests in cyber and advanced technologies to bring businesses developing tomorrow's solutions closer to buyers and innovators in many sectors, including security and defence.
  • The British Business Bank's National Security Strategic Investment Fund ( NSSIF ) is an LP investor with Amadeus, which expands the opportunity for collaboration between SandboxAQ and the UK's dual-use technology ecosystem.
  • "SandboxAQ is thrilled to be engaging with the UK's dual-use technology ecosystem.

Propel Finance completes its first private securitisation as part of a £500 million financing round

Retrieved on: 
Tuesday, August 23, 2022
CEO, Technology, SME, Solution, British Business Bank, Azet, Samsung, Corporate finance, Citigroup, EY, Public sector banks in India, Growth, Industry, Bank, Propel

LONDON, Aug. 23, 2022 /PRNewswire/ -- Propel Finance, the fastest growing asset finance lender in the UK, today announces its first private securitisation, as part of a new c. 500 million financing round.

Key Points: 
  • LONDON, Aug. 23, 2022 /PRNewswire/ -- Propel Finance, the fastest growing asset finance lender in the UK, today announces its first private securitisation, as part of a new c. 500 million financing round.
  • Just last month, Propel was recognised as the UK's fastest growing asset finance company by Asset Finance Connect's AF50 top asset finance lender list alongside traditional bank lenders and long established independents.
  • Jordan Blakesley, Director at Quilam Capital said: "Quilam is delighted to have helped facilitate the transaction and provide additional growth capital to Propel Finance.
  • Propel is a rapidly growing asset finance lender and we are pleased to be involved in their journey."

Tech-Driven Market Research Firm Receives Investment from the Greater London Investment Fund

Retrieved on: 
Monday, August 8, 2022
FSE, Algorithm, Technology, Capital, Growth, Research, British Business Bank, Education, Health, Gaps, Public sector banks in India, Software, Collection, Time, Local enterprise partnership, Financial services, B2B

London, United Kingdom--(Newsfile Corp. - August 8, 2022) - London-based market research firm, GrapeData, is pleased to announce that they have recently secured growth funding from the Greater London Investment Fund, which is managed by The FSE Group.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - August 8, 2022) - London-based market research firm, GrapeData, is pleased to announce that they have recently secured growth funding from the Greater London Investment Fund, which is managed by The FSE Group.
  • The fund supports the expansion of innovative companies across the Capital that can demonstrate the potential to significantly grow.
  • GrapeData is a tech-enabled market research company that facilitates the collection of insightful data from informed responders anywhere in the world using a combination of proprietary AI and hyper-personalised targeting.
  • GrapeData has grown to become a leading provider of B2B surveys with responders in over 100 countries across the world.

Sure Valley Ventures Launches $130m Venture Capital Fund Focused on the Metaverse and Related Sectors

Retrieved on: 
Wednesday, March 2, 2022
Venture Capital, Finance, Professional Services, Technology, Software, IPO, British Business Bank, Sure, Entrepreneurship, ECF, Business, Growth, Goldman Sachs, Artificial intelligence, Venture capital, XR, Severn Valley Venturer, Enterprise Capital Fund, Platform, AI, Morgan Stanley, Public sector banks in India, VC, Renewable energy, Security (finance), Virtex, Computer security, Metaverse

Sure Valley Ventures , the founder-led Venture Capital (VC) firm that invests in high growth software companies in sectors such as the Metaverse, Artificial Intelligence (AI) and Cybersecurity, is pleased to announce a new $130m fund focused on the Metaverse and related sectors.

Key Points: 
  • Sure Valley Ventures , the founder-led Venture Capital (VC) firm that invests in high growth software companies in sectors such as the Metaverse, Artificial Intelligence (AI) and Cybersecurity, is pleased to announce a new $130m fund focused on the Metaverse and related sectors.
  • Sure Valley is a seed capital investor in software companies that are focused on bringing a disruptive innovation to market.
  • The team plans to invest into 25 software companies in the metaverse and related sectors through this new fund.
  • Engage XR a leading corporate metaverse company and Smarttech 247 an AI-based cybersecurity company that plans to IPO in Q2 2022.

British public to receive the opportunity to invest directly in advanced self-driving technology on the roads today

Retrieved on: 
Tuesday, March 1, 2022
Public sector banks in India, Partnership, Government, COVID-19, Growth, SMMT, Secret Escapes, Academy, Investment, Industry, F1, Environment, Mars rover, Founder, Brize Norton, Connected, Multimedia, Machine learning, Future Fund, Build automation, Congestion, Our Future (fund), Technology, AV, RAF, Air pollution, Royal Air Force, World Economic Forum, CEO, Roadworthiness, British Business Bank, Aberystwyth University, United States Secretary of the Air Force, Airline, Security (finance), Renewable energy, Pharmaceutical industry, Aberystwyth, Robotics, DVLA, Crowdcube

The company successfully proved its complete self-driving delivery technology in road trials with the Royal Air Force (RAF) in September 2021.

Key Points: 
  • The company successfully proved its complete self-driving delivery technology in road trials with the Royal Air Force (RAF) in September 2021.
  • The scheme (which has now closed for applications) aims to support UK-based companies, subject to at least equal match-funding from private investors.
  • This demonstrates the talent that exists within the British automotive industry and its willingness to combine with British expertise in AI technology.
  • Academy of Robotics is a technology company which specialises in R&D to create technology to perform or simplify complex tasks.

British public to receive the opportunity to invest directly in advanced self-driving technology on the roads today

Retrieved on: 
Tuesday, March 1, 2022
Public sector banks in India, Partnership, Government, COVID-19, Growth, SMMT, Secret Escapes, Academy, Investment, Industry, F1, Environment, Mars rover, Founder, Brize Norton, Connected, Machine learning, Future Fund, Build automation, Congestion, Our Future (fund), Technology, AV, RAF, Air pollution, Royal Air Force, World Economic Forum, CEO, Roadworthiness, British Business Bank, Aberystwyth University, United States Secretary of the Air Force, Airline, Security (finance), Renewable energy, Pharmaceutical industry, Aberystwyth, Robotics, DVLA, Crowdcube

LONDON, March 1, 2022 /PRNewswire/ -- Academy of Robotics, a high-growth British autonomous vehicle and robotic technology company, today announces it has launched its pre-series A fundraising which will be accessible to all individuals. The fundraise will provide an opportunity for professional and retail investors to participate in pioneering autonomous technology that has a proven application in last-mile logistics and to invest in a company which already has a fully-licensed, custom-built autonomous vehicle (AV) on the roads in the UK.

Key Points: 
  • The company successfully proved its complete self-driving delivery technology in road trials with the Royal Air Force (RAF) in September 2021.
  • The scheme (which has now closed for applications) aims to support UK-based companies, subject to at least equal match-funding from private investors.
  • This demonstrates the talent that exists within the British automotive industry and its willingness to combine with British expertise in AI technology.
  • Academy of Robotics is a technology company which specialises in R&D to create technology to perform or simplify complex tasks.

Brydg passes £1 billion real estate loan landmark and announces ambitious plans to go further

Retrieved on: 
Wednesday, December 22, 2021
Growth, Marriage, FCA, Solution, Technology, SME, Data science, CRE, British Business Bank, Risk management, Public sector banks in India, Artificial intelligence, Real estate, Elizabeth Brydges

It can announce that after five years of lending it has now provided over 1 billion of secured real estate loans to developers and property owners.

Key Points: 
  • It can announce that after five years of lending it has now provided over 1 billion of secured real estate loans to developers and property owners.
  • To hit the landmark of 1 billion within such a short period proves that Brydg has truly transformed and democratised the property market."
  • We can see a clear path for Brydg to transform the UK's real estate market to be more efficient and save costs for all parties in a real estate transaction."
  • Brydg offers the most advanced real estate lending experience available for institutional investors and loan originators.

Finalists announced for Growth Investor Awards 2021 - sponsored by Kin Fund Services

Retrieved on: 
Thursday, August 19, 2021
British Business Bank, Asset, University, Growth, Government, Calendar, Venture capital, Public sector banks in India, Security (finance)

LONDON, Aug. 19, 2021 /PRNewswire/ -- Finalists have been announced in all investment provider categories of the Growth Investor Awards 2021. We are pleased to announce that Kin Fund Services is sponsoring the Growth Investor of the Year award.

Key Points: 
  • "The Growth Investor Awards are the premier awards for Venture Capital in the UK.
  • Kin Fund Services is pleased to be supporting the awards.
  • Richard Hoskins - Co-Principal, Kin Fund Services
    Now in their seventh year, the Growth Investor Awards organised by Intelligent Partnership are a landmark event in the investment calendar.
  • More information about the selection process and previous winners is available on the Growth Investor Awards' website: growthinvestorawards.com
    Kin is responsible for providing Fund Management, Custodian, Nominee and Administrator services to many thousands of investors.

Finalists announced for Growth Investor Awards 2021 - sponsored by Kin Fund Services

Retrieved on: 
Thursday, August 19, 2021
British Business Bank, Asset, University, Growth, Government, Calendar, Venture capital, Public sector banks in India, Security (finance)

"The Growth Investor Awards are the premier awards for Venture Capital in the UK.

Key Points: 
  • "The Growth Investor Awards are the premier awards for Venture Capital in the UK.
  • Kin Fund Services is pleased to be supporting the awards.
  • Richard Hoskins - Co-Principal, Kin Fund Services
    Now in their seventh year, the Growth Investor Awards organised by Intelligent Partnership are a landmark event in the investment calendar.
  • More information about the selection process and previous winners is available on the Growth Investor Awards' website: growthinvestorawards.com
    Kin is responsible for providing Fund Management, Custodian, Nominee and Administrator services to many thousands of investors.

Brydg Secures CBILS Accreditation to Provide Relief to Real Estate Businesses

Retrieved on: 
Wednesday, January 13, 2021
Finance, Money, Economy, British Business Bank, Department for Business, Energy and Industrial Strategy, Loans, Department for Business, Innovation and Skills, Folk2Folk, Enterprise Finance Guarantee

Delivered through British Business Bank accredited lenders, CBILS is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak.

Key Points: 
  • Delivered through British Business Bank accredited lenders, CBILS is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak.
  • The accreditation means Brydg can begin lending under the CBILS programme to businesses with immediate effect.
  • Within the scheme, Brydg will be able to support companies in the real estate industry with loans of between 250,000 and 5 million.
  • We're excited to be working with the British Business Bank to provide rapid relief and support businesses in the UK in these challenging times."