We are delighted to announce that Stuart Nicol has joined Mylor Ventures Advisory Board. Stuart bring a strong background of venture investing and experience and we greatly look forward to working with him.
Jan 2017: Working with the management of Rentivo, MyVAN has helped fund Rentivo’s recent fund raise on Crowdcube. By pump-priming the investment on the platform, we believe this was crucial in obtaining further funding from the crowd. This further re-enforces our view that crowdfunding can work very well with angel funding and act as a capital multiplier. The management of Rentivo were particularly active and skilled in ensuring this fund raise – which overfunded by 30% – was a success.
Rentivo launched on Crowdcube this week. Run by a very experienced team, we believe Rentivo has enormous potential. MyVAN and others have helped pump-prime the funding round and are working with management to complete it. More details at this link
Today, we have published our Open Letter to the LEP. We remain hugely supportive of the LEP but, in our view, we think there is a significant disconnect between their laudable ambitions and what is actually happening with regard to ESIF and other funding. We hope this opens a debate for the benefit of the business community. https://goo.gl/JB7sLN
Mylor Ventures is delighted to announce that Mylor Ventures Angel Network has completed a funding round for Ultramed Ltd. Ultramed is leading the way in Pre-Op online registration and data management for both the public and private sectors.
Utlramed is gaining additional traction with the NHS http://goo.gl/Xl4HeX, more news from this company shortly
We are delighted to announce that David Juxon has agreed to Chair Mylor Venture Angel Network, we look forward to his involvement and leadership in this initiative, helping MyVAN to become the leading Angel group in the region.
We’re delighted that Mylor Ventures Angel Network has now joined the UK – Business Angels Association. This is a key benchmark for us and we believe we’re the only one in the region.
HiCi Ltd (Trigjig) completed its Crowdcube campaign today raising over £123,000. An extremely successful campaign, completed in just over a week, demonstrated that detailed preparation, excellent documentation and video, seed investment from angels and realistic valuation is a winning formula.
EU calls out today of relevance: £30m Research and Innovation fund, up to 80% grants for companies in the Agri-Tech, Digital Economy, E Health and Wellbeing, Marine Tech and Aerospace/Space sectors.
Mylor Ventures completed its funding round into Knight Scientific Ltd. While the details of this transaction remain confidential, we continue to believe that Knight Scientific holds enormous potential in the Sports medicine, medical diagnostics and research sectors.
Anevay Ltd raises just under £60,000 from Kickstarter. An excellent campaign for pre-sales of the Frontier Plus model demonstrates the company’s strong brand within this market.
Consisting of John Acornely, Gilly Fox, Graham Smith, Neil Edmond and Ged McGonnel. All experts and experienced businessmen in their own rights, we really believe that these individuals will help supercharge Mylor Venture’s portfolio companies to greater heights. See more details here
Audiology Online Ltd and Re-Cognition Ltd form a Joint Venture: React Advanced Cognitive Technologies Ltd in order to exploit the potential for an early stage diagnostic for dementia which can be used online.