Letter One, an investment company who describe themselves as “a partnership of successful entrepreneurs and international businesspeople” has launched a new investment vehicle, L1 Retail, which consists of a $3 billion dollar fund to back “a small number of retailers that have the potential to become market leaders in their segments and markets”,
Has there ever been a more challenging time to be a global media agency? With disruptive new social media platforms springing up nearly every day led by ambitious entrepreneurs, video sharing becoming commonplace and smartphones turning every one of us into wannabe film-makers, the sector is a little congested, to say the least.
Global Founders Capital, a VC firm based in Munich and backed by the Samwer brothers, founders of Rocket Internet, has led a Series B investment round into Sonovate, a leading recruitment finance provider. Dawn Capital have also participated in the round.
The funding is split between £9 million in equity funding and £5m in debt funding and follows a £20m raising completed in February,
A new online investment project that works like a property ISA meaning it is capital gains exempt, investing in properties in Birmingham, Leeds and Manchester, has raised £1.3m in seed funding from Alex Chesterman’s Zoopla and serial investor Robin Klein.
Bricklane.com’s online platform allows savers to invest from as little £100,
A hospitality management service for Airbnb’ers who want to outsource the hassle of short-term-letting their homes has raised $1.1m of funding in a round led by Initial Capital, a group of serial entrepreneurs, with existing investors DN Capital and DSG Consumer Partners also joining the round.
Hostmaker was founded by hospitality professional Nakul Sharma,