Posted Wednesday 29th September 2021
The Angel Investment Network is diversifying into Private Equity and Venture Capital through the launch of a new division, AIV. The platform is the largest network of Angel Investors and the move will see AIV Capital invest between $10-$75m into established businesses.
Between 2009 and 2019 there were only 10 black female founders who received VC funding. With Google launching its Black founders’ fund things are starting to change in 2021. Sifted have profiled the 16 black female founders that have raised funds in the UK.
Restaurant payment app Sunday plans to expand globally just five months after launching. The company has raised $100m after signing up 1,500 venues to its payment platform. The app allows bills to be split with friends through the use of a QR code.
NFTs are all the rage at the moment and SoftBank think so too. They have recently lead a funding round for Sorare, the sports-based NFT platform. The company has also received funding from some of football’s big names including Rio Ferdinand and Gerard Pique.
The retailer has made its first venture capital investment for 20 years. Marks and Spencer might still be seen as a traditional retailer but the £20m investment is to a technology fund aimed at transitioning the business. The fund will be managed by True.
Joelson has advised Zeelo in relation to its latest fundraise of $12m. The investment comes from a funding round led by ETF Partners and includes InMotion Ventures as well as new and existing angel investors.
Last week was London Tech Week 2021. The theme focused on the future of innovation. As has become the norm, the event relied on tech to deliver most of the content virtually. If you missed the week, highlight videos can be found on the London Tech Week YouTube page.
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Joelson, the leading London law firm, has successfully advised the sellers of Pet Microchip Services Ltd (PMS) on its sale to Identi.
Joelson has advised the company and management of Addison Lee on its acquisition by ComfortDelGro, a leading multi-modal mobility operator.
The much-anticipated Employment Rights Bill has been published. The Bill is extensive, with over 158 pages, and will affect employers of all sizes overhauling many current employment laws and giving employees enhanced rights.
