Four seasoned investors share some insights on how to improve your chances of landing a deal.
If you’re a founder looking for funding to grow your tech business, you’ll likely have wondered about what investors look for in management teams before investing.
UK-based breast imaging company, Micrima has raised £4.4 million in additional equity funding led by Technology Venture Partners, The Angel CoFund(ACF), and Venture Founders – plus a group of returning and new individual investors – bringing the total amount raised to £10.7m.
Investors are busy people, typically difficult to get hold of, and often hard to impress. With this in mind, we reached out to some of the UK’s most well-known venture capital funds to find out what tech entrepreneurs should avoid doing during a pitch.
There was a time when IPOs were king. But since the mid-90s, the number of IPOs has plummeted.
The funding was provided by Hargreave Hale, a wealth manager, Angel CoFund, a business angel syndicate, and MMC Ventures and BGF Ventures, the venture capital firms.
Tim Mills is investment director of the £100m Angel CoFund, which backs early-stage companies alongside syndicates of business angels.
VITL, a personalised nutrition platform, has announced a £550k round of follow-on-funding, led by the Angel CoFund.
Investors have closely watched the outcome of the Patient Capital review, which could potentially unlock huge returns as slow-to-grow businesses are given time and support to mature. Angel CoFund investment director Tim Mills sees the fact that the government has taken consultation from the industry is a positive sign.
New investors included Angel CoFund and Richard Hargreaves, which will also join the intelligent robotic process automation business as a non-executive director.