Euclid Opportunities has taken a strategic stake in the institutional research marketplace.
"MiFID II research unbundling is a key challenge for our clients and the wider market in 2017. RSRCHXchange is bringing next generation technology to solve a complex regulatory challenge while also allowing both providers and consumers of research to extract greater value from content. The business has made amazing progress thus far and we’re delighted to bring our capital, operational expertise, and networks to help scale the business globally."
Long-term backer Beringea and new investor UIL have provided £2m to support sales growth and product development at Perfect Channel.
"2016 was a particularly successful year for us – we delivered solid financial results, made significant strides in advancing our technology through the launch of the GDT Marketplace, and reaffirmed our commitment to innovation by appointing Jim Leeds as our new CTO."
Oxford Capital and William Tunstall-Pedoe have backed the online art marketplace in its latest financing round.
"I love art and was very impressed with the Artfinder team and what they have built. The company is making great progress with its platform that links artists with art fanatics like myself interested in buying original works. In investing I was particularly interested in how advanced technology could accelerate the significant growth that Artfinder is already seeing."
Dorset Business Angels provided a major share of the capital required for the rollout.
"The cash-for-car market has grown massively but often comes in for criticism in the consumer press for allegedly underpaying on the true value of consumers' cars. We all know that dealers also need protection from unscrupulous sellers and misleading vehicle descriptions."
Northstar Ventures and an angel investor back the charity cashback platform with £600k.
"The capital of Northstar’s investment will be deployed to raise awareness of the platform and to ensure that the product continues to be an incredibly simple and frictionless process for all users. We also have some exciting products in the pipeline to help the business community and event challengers (such as marathon runners) to raise money. We’re currently on the lookout for new hires to fill roles in marketing, web development and community management. GoRaise will also be rolled out in the USA, Australia, France and Germany."
