UK tech investment trends of Q1 2017

By on May 12, 2017   /   Blog Post, Investment, PE/VC   /   Leave a comment
UK tech investment trends of Q1 2017

Investment Growth in Q1 The first quarter of 2017 was strong in terms of investment rounds announced by UK tech companies. A total of £576.85m ($719.27m) in funding was recorded on the Tech City News Investment Tracker in the first three months of the year. This represents a 142.8% increase on the £237.56m announced in Q4 2016 and an 80.2% increase on the £320.14m raised in Q1 2016. March was the month that saw the most investment activity, with £239.82m recorded across 30 rounds. The largest round recorded in this

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Yieldify Raises $6M in Funding

By on May 5, 2017   /   Blog Post, EIS, fintech, Investment, SEIS   /   Leave a comment
Yieldify Raises $6M in Funding

Yieldify, a London, UK-based marketing experience company, raised $6m in its second funding round. The round was led by Binomial Ventures with participation from John Giuliani, CEO of digital marketing leader Conversant, who has also joined the Yieldify board as Chairman, Tom Singh, founder of fashion chain New Look, and existing investors GV (formerly Google Ventures), SoftBank Capital, Hoxton Ventures and Data Point Capital. The company intends to use the funds to continue to scale in the e-commerce market. Launched in 2013 and led by Jay Radia, Chief Executive Officer,

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Former tech unicorn Ve Interactive bought for just £2m

By on May 5, 2017   /   Blog Post   /   Leave a comment
Former tech unicorn Ve Interactive bought for just £2m

Struggling technology firm Ve Interactive, once thought to be worth at least £1bn, was bought by its new management team for just £2m, in what is thought to be a pre-packed administration. The AdTech firm also made headlines last month after it surfaced that its former CEO and founder David Brown had stepped down and had been replaced by Morten Tonnesen. It’s believed Brown continues to act as an adviser. The management buyout was reportedly backed by a consortium of existing significant shareholders and creditors who provided the funds to

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