Henley Business Angels comprises members who invest in early stage companies and collaborate with other syndicates.
The funding follows previous investment from Henley Business Angels members.
"From medical technicians prototyping hearts so surgeons can practice before surgery to chocolatiers making short runs of chocolates for Nike – we have been blown away by the range of applications we’ve seen for our desktop manufacturing platform so far."
The Bristol health and safety technology firm secured backing from angel investor networks to fund team expansion and product development.
"the device monitors heart rate, prompts users to take a break and alerts them to numerous hazards such as dangerously loud noises or close machine proximity i.e., if there’s a forklift behind you."
The natural health drinks producer has raised funding from Henley Business Angels members to drive international expansion.
"The opportunity to work with Henley Business Angels and Henley Business School was super exciting as they have an excellent track record and are one of the most highly regarded Executive MBA programmes in the world – to be able to tap into that knowledge will be incredibly helpful."
The funding will support the development of a second-generation safety device and team growth.
"We saw an opportunity to keep staff safe at the start of the pandemic and will continue to do this as we move out of it. Workplace health and safety is having a huge cultural shift at present. The world is becoming proactive to safety procedures rather than upholding the reactive norm and businesses want to be prepared for the dangers that are on the horizon. SpaceBands protects staff and keeps businesses’ doors open at a price point that is currently unrivalled in the market. We will be opening our round publicly on CrowdCube in Q1 2022 and releasing our second generation product. We are very excited about what the future holds for our company."
Members of Henley Business Angels have backed Babbu in its latest funding round.
"We are delighted to have closed this investment and be supported on our mission to make a real difference, by focusing on our youngest children. It is well documented that experiences in early childhood are often the root cause of today’s hardest social challenges such as addiction, family breakdown, poor mental health, suicide and homelessness. We believe we can have a truly transformational impact on society."
