Funding extension secured by Mobile Tornado
Mobile Tornado, a Harrogate-based mobile applications business, has secured additional funding through an extension to its revolving credit facility. The facility with InTechnology has been extended for a further 12 months until 26 September 2021 and provides a maximum principal amount of £300,000. Mobile Tornado has also revealed that that Hubbcat, its partner in the […]
Six-figure investment to boost green energy plans for Sunderland solar specialist
Power Roll, a North East solar film developer, has landed a £250k investment from Finance Durham Fund, which was established by Durham County Council and overseen by Business Durham. Invented by the firm’s chief scientist Dr Alexander Topping, Power Roll’s solar film technology aims to produce ultra-low-cost green electricity. The new investment, which is managed […]
ClearCourse buys CRM platform provider FLG
ClearCourse has bought a Burnley-headquartered CRM platform FLG that helps SMEs manage sales leads and automate processes. Founded in 2007, FLG adapts and integrates into a company’s legacy systems to provide workflow services designed to allow for the automated management of up to one million leads. Clients include Creditfix, Etico Group, and TFS Loans. It […]
Seaham cyber security firm CyberWhite looking to expand following success
CyberWhite has won contracts to create bespoke security plans for more than 35 new clients since March 2018. Their client base includes charities, law firms, universities, blue light services, energy management providers, the NHS, housing associations and software developers. The Seaham-based cyber security firm has reported a surge in revenue during the 2020 financial year […]
Sheffield EV charger start-up Mina secures investment from NorthInvest
A Sheffield-based electric vehicle (EV) technology start-up has secured seed investment from angel investor platform NorthInvest in a deal which values the business at £2m. Mina has developed EV charging software to support the management of electric vehicle fleets. It was established in December 2019 by founders Ashley Tate, formerly founder of utilities management service […]
Leeds NorthInvest-backed healthcare start-up gets funding from Innovate UK
Vital Signs Solutions, based in Cambridge, will adapt its PocDoc platform to digitise any Covid-19 antibody rapid test assay and embed this within an app available on smartphone and tablet. The app will be able to collect additional data to help track and analyse the spread of the virus and its impact on the presence […]
Arden Software completes buyout of US software firm
Stockport’s Arden Software has completed the acquisition of American software company Cimex Corporation. Arden specialises in CAD and CAM software for the packaging sector, with its Impact packaging design software being used on a global scale. The Arden Group of companies, which also includes Arden Dies and Arden Engraving, has offices around the world, including […]
Greater Manchester full fibre broadband now available to more than 135K homes
Openreach has announced that more than 135,000 homes and businesses across Greater Manchester can now access some of the fastest, most reliable broadband anywhere in the UK. As designated key workers, Openreach engineers have been hard at work throughout the Covid-19 lockdown, building the new network that uses the latest Fibre-to-the-Premises (FTTP) broadband technology – […]
Leeds-based Explorer UK has been acquired by firm backed by YFM
Leeds-based IT company Explorer UK has been acquired by a counterpart backed by private equity firm YFM Equity Partners creating a £20 million group. Explorer UK is an Oracle consultancy, development and support provider employing about 50 staff. It has been acquired by DSP, which was founded in 1999 and has grown to a turnover […]
Edge Testing secures £3 million of new contracts including a Manchester uni
Edge Testing Solutions has boosted its UK-wide client roster with the addition of seven new clients, including several multi-year contracts, valued at over £3 million +. Spanning a variety of public and private sector contracts, the new contract wins include a high street retailer, two universities, NHS Blood and Transfusion service, Department of Education, a […]
Manchester-headquartered software firm bought by defence tech group for £25 million
Listed defence specialist QinetiQ has made purchase of a Greater Manchester-headquartered software development and data analytics company Naimuri. The deal was worth £25 million for the company that provides cloud-based services and technology to the UK Intelligence and law enforcement communities. Employing 70 staff from its head office in Salford, the company expects revenues of more than […]
Miralis’ hiring spree following new client wins in lockdown
Miralis, the Lancaster-based data science consultancy and software development company, has announced four new appointments following a series of client wins and projects. Due to the impact of Covid-19 on logistics and supply chains, Miralis, which focuses its work on reducing transport-based carbon emissions, has seen a significant rise in work across the range of […]
Yorkshire internet security firm selected for national growth programme
Bob’s Business, an internet security company, based in Barnsley, has secured a place on Tech Nation’s Cyber Security growth programme. The firm, based at the Digital Media Centre, provides online training, development and support to help employees in the public and the private sector develop awareness and skills around potential cyber threats. Tech Nation’s Cyber programme […]
Business software provider Onesys acquires Sage Coretime
York-headquartered business software provider Onesys has expanded with its biggest acquisition to date, supported by funding from HSBC UK. Onesys Group supplies timesheet, project and billing systems across the UK, Ireland and globally. The company has used six-figure funding from HSBC UK for the acquisition of Sage Coretime, timesheet and project management software used by the […]
£500k investment in innovative electronics manufacturer
A Durham-based start-up is developing a new process to manufacture electronics devices on synthetic diamonds. Evince Technology has raised £525k through private investment and Innovate UK match-funding. It will use the funds to further develop its technology and grow from demonstration to pilot phase in 2021. Evince Technology claims to be developing breakthrough electron devices using […]