News

CamStent’s £500k funding round cornerstoned by £114k investment by new and existing LBA shareholders

8 May 2012 - 11:00pm

Early Stage Cambridge based polymer coatings specialist CamStent has successfully closed an oversubscribed £400k funding round, closing with subscriptions in excess of £500k. The round was cornerstoned by a £114k investment by new and existing LBA shareholders, including an £18k follow on investment by the LBA EIS Roundtable Syndicate Fund 2011.

LBA (London Business Angels) is now a syndicate partner of the £50m Angel Co Fund following completion of Cofund’s first investment into Phase Vision being £211k to complete a £1.5m funding round

7 May 2012 - 11:00pm

LBA has become a syndicate partner of the £50m Angel Co Fund (CoFund) following completion of the CoFund’s first investment being £211k invested into Loughborough-based Phase Vision. This investment completed a £1.5m funding round, which was cornerstoned by a £643k investment by an LBA syndicate.

Angels in the City Programme profiled in Daily Telegraph Article

30 April 2012 - 11:00pm

Following the Angels in the City pitch event held in the city on Wednesday 25th April, the below article was published in the Daily Telegraph. 

Interested parties are invited to participate in the Angels in the City Programme - for further information please contact angelsinthecity@angelcapital.co.uk

LBA announces new £455k HMRC Approved EIS Roundtable Syndicate Fund with total raised to date by LBA Funds at circa £1.2m since 2010

24 April 2012 - 11:00pm

LBA is delighted to announce that the new £455k HMRC Approved EIS Roundtable Syndicate Fund is open for business in FY 2012/13 with all cash now held by the Fund’s Registrars. This Fund, being the biggest raised by LBA to date, will seek to act as a catalyst for investment through co-investment in circa 5-6 LBA companies in FY 2012/13 alongside LBA investors.

LBA member Qi3 accelerator targets High Value Manufacturing Start-ups with 3-day bootcamp

16 April 2012 - 11:00pm

LBA member, Qi3 Accelerator’s HVM Bootcamp is the UK’s 1st Accelerator Programme to target the High Value Manufacturing (HVM) sector. The 3 day residential programme will help accelerate capital intensive HVM entrepreneurial ventures to investment and early revenues.

£360k investment by LBA cornerstones Isotera’s £1.1m Seed Funding Round

28 March 2012 - 11:00pm

Early stage Cambridge based LED lighting specialist Isotera has closed a £1.1m funding round which was cornerstoned by a £360k investment by LBA, including a £75k investment by the LBA EIS Roundtable Syndicate Fund 2011.

Momentum Bioscience’s £487k follow-on funding round corner stoned by £186k investment by existing LBA shareholders

27 March 2012 - 11:00pm

Early stage Reading based blood testing specialist Momentum Bioscience has closed a £487k follow on funding round which was cornerstoned by investment of over £186k by existing LBA shareholders, including a circa £20k investment by the LBA EIS Roundtable Syndicate fund 2011.

LBA investors in line for significant medium term return following completion of Brandwatch’s $6m round

20 March 2012

Brighton based social media monitoring speciliast, Brandwatch has raised $6m from Nauta Capital and current shareholders, including PR distribution company Gorkana Group. LBA investors hold a significant minority stake in the company, having invested over £450k, including an investment of £42k by the LBA EIS tracker 2 fund, between 2006 and 2007.

LBA syndicate helps to close Oxtex’s £150k funding round

7 March 2012

Early stage Oxford based medical device specialist, Oxtex, has completed a £150k funding round which included investment by a syndicate of LBA angels.

£332k investment by LBA cornerstones Michelson Diagnostic’s £607k funding round and takes LBA’s total level of investment in the company to over £1.5m since 2007

6 March 2012

Kent based medical device specialist, Michelson Diagnostics, has closed a £607k funding round which was cornerstoned by a £332k investment by LBA. The investment comprised of £240k follow-on investment by existing LBA investors and £92k of new LBA investment, including a £55k investment by the LBA EIS Roundtable Syndicate Fund.