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A spokesman said: “The success of 2020 was driven by NorthInvest’s growing angel network, with 144 private angel investor members onboarded.”
Partnerships were secured with some of Europe’s leading tech for good VCs, including Ada Ventures and Bethnal Green Ventures, and E2E Capital Ventures.
A spokesman said: These partnerships enable NorthInvest to position tech for good innovation support at the heart of its value proposition in 2021. They will also further NorthInvest’s existing mission to address the lack of diversity in the investment landscape and facilitate funding to overlooked entrepreneurs.
NorthInvest also co-founded Fund Her North to increase the flow of funding to women entrepreneurs from women in investment.
United-kingdomBethnal-greenTower-hamletsAdam-beaumontFund-herLeeds-based-northinvestInnovation-supernetworkMada-venturesBethnal-green-venturesFund-her-northHer-northSara-daviesClothes-swapping app Nuw provides the perfect sustainable fashion platform
Nuw officially launched its app in January, and is now expanding across Ireland and the UK
As we hit our strides in Second Hand September, we’re on the hunt for vintage and preloved gems to buy and keep for ourselves. But while secondhand shopping is infinitely better for the planet than buying fast fashion, it still doesn’t address the problem of overcrowding our wardrobes. If you are still buying heaps of clothing, just secondhand garments, chances are you’ll eventually be forced to clear out your wardrobe and add to the rising levels of waste clothing across the country.
CambridgeCambridgeshireUnited-kingdomIndiaIrelandDublinLondonCity-ofBethnal-greenTower-hamletsAisling-byrneLily-allen-vegasOn the face of it, Britain’s venture capital firms have never been more ready to invest in your start-up. British venture capital funds have £8.4bn ready for investment in fast-growth businesses, according to research. Indeed, British tech start-ups raised more than £4bn between January and June, despite the shutdown of the economy, according to the government.
This venture capital cash could provide crucial investment for innovative companies as the country emerges from the Covid-19 crisis.
However, the reality is that many venture capital investors are playing it cautious, wanting to invest in later, safer funding rounds for companies with proven revenue. Two fifths of start-ups believe they have less than 12 months’ worth of runway left before they run out of money. Over 1,000 of the UK’s high-growth tech start-ups have gone bust since lockdown began. Which is why follow-on funding rounds are crucial.
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