Deal News

Deal News – 54th Edition

Week ending 30th June 2019

A total of £182.87million was raised by 18 technology companies:

  1. London based FinTech company Jaja Finance, which operates mobile-first financial credit solutions raised £20 million Series C investment from KKR and Centerbridge Partners.
  2. Manchester based Hosting company MissGroup, which offers web hosting, domain registration, VPS and dedicated servers raised £13 million Series B investment from BGF. 
  3. Sheffield based HealthTech Company SleepCogni, which is developing a wearable medical device that provides behavioural treatment for insomnia secured £230k grant funding from InnovateUK.
  4. London based MarketPlace company Secret Spawhich facilitate beauty therapists to visit you rather than you having to visit them raised Seed investment from KM Capital.
  5. London based MarketPlace company Picfair, which makes money from your images raised Seed investment from KM Capital.

Deal News – 53rd Edition

Week ending 23rd June 2019

A total of £139.76 million was raised by 14 technology companies

  1. Manchester based eCommerce company Dr Fertility, which supports couples on their fertility journey raised £1 million Seed investment from Praetura Ventures. 
  2. Guildford based SaaS company Unily, which operates a digital workplace platform raised £53.65 million Series A investment from Silversmith Capital Partners and Farview Equity Partners. 
  3. London based CyberSecurity company CyberOwl, which safeguards critical infrastructure and smart transport systems from attack raised £1 million Seed investment from 24 Haymarket and Mercia.
  4. London based Telcom company Raylo Group, which offers a smart way for UK customers to get their mobiles raised £1.6 million Pre-Seed investment from Techstart Ventures, Samir Desai and James Meekings.
  5. London based FinTech company Growth Street, which offers flexible working capital finance, up to £2m raised £10 million Series B investment from Arts Alliance and Merian Global Investors.
New Functonality

Adding Search functionality

Since launching on 1st April 2019, we added search functionality to Companies and Investor Selection Apps.

The Search field is embedded into the Company Selector and appears before it displays the list of companies. We adopted the same for Investor Search, as shown below.

Hope you like the new functionality.

Deal Lite

How Deal Lite all started

Welcome to the Deal Lite blog. We launched Deal Lite to 19 pre-paid customers on 1st April 2019 and launching this website on 8th April 2019. May be it’s worth sharing how all this started.

In June 2018, we started to collect investment news of UK technology companies. We immediately started sharing this data via a weekly newsletter. An example is shown below.

In June 2018, I blogged about “where does Manchester fit into the UK and European funding markets?“. In fact, 2018 saw Manchester and the North-West based tech companies attracting over £300 million of investment. Techcelerate captured over 700 tech investment deals of UK tech companies securing over £5.5 billion of funding in 2018.

So far this year, Techcelerate captured over £3 billion of investment going into UK technology companies.

Our subscribers started to request direct access to the data we captured and shared. We started thinking about developing a web application to facilitate their need.

By Jan 2019, I started to think about how to develop a web application to satisfy the needs of Weekly Deal News readers. I teamed up with one of my old team members of UnifiedVU to develop the Minimum Viable Product (MVP) of Deal Lite and launch it by 1st April 2019.

We achieved this milestone as planned and launched Deal Lite to 19 pre-paid customers on 1st April 2019.

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Consent to display content from Youtube
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound