Payments app Zapaygo surpasses £500,000 crowdfunding target

Zapaygo Investments, a Staffordshire-based ordering and payment mobile app, has successfully surpassed its initial equity crowdfunding campaign’s £500,000 funding target on Crowdcube. The company launched the funding round earlier month and has so far attracted more than 160 investors. Founded in 2015, Zapaygo is described as a smartphone application that allows users to pre-order & […]

PwC and BizzInn host showcase for Midlands technology scale-ups

Following its introduction in 2017, PwC and BizzInn, the University of Birmingham Enterprise Acceleration Team,  will host their first Scale Midlands executive evening on the 8 February 2018. Nine Midlands-based technology scale-ups, ranging from online booking specialists to the developers of a payments lifestyle app, will have the opportunity to showcase their products and services to […]

Arden Group doubles profits and increases revenue to £10 million

Managed IT and telecoms provider Arden Group has increased revenue from £7.1million to c.£10million, doubled profits to £1.2million and expanding its team by 25%, since moving to Birmingham in 2017. This transformative year has been driven by very strong organic growth and an ambitious acquisition strategy, devised to cater for the increase in demand for […]

Nottingham firm Esendex set to test new Google technology

Nottingham telecommunications company Esendex has been selected by Google to support its development of a new generation of mobile technology so advanced that most companies using it won’t need mobile apps. The system is being rolled out on Android phones from early 2018 and is being hailed as a huge leap forward in smartphone technology. For […]

NEC acquires Northgate Public Services for £475 million

NEC Corporation has announced the acquisition of UK-based IT services company Northgate Public Services Limited (NPS), accelerating the expansion of its international safety business. NEC is buying NPS for GBP 475 million from leading international private equity firm Cinven. This acquisition is expected to be completed by the end of January 2018. chainlink-690503_1920Established in 1969, […]

Innovation Birmingham Campus companies raise over £10 million

Innovation Birmingham Campus companies raised over £10m, driving growth and innovative product development in 2017. Amongst the tech talent based on the Innovation Birmingham Campus, three companies closed successful investment rounds towards the end of 2017, including optometry business Aston EyeTech securing £5m in November to launch its latest product range. The company builds hardware […]

10 Embedded Systems Industry Predictions for 2018

2017 certainly was another eventful year in the embedded systems industry – 2017 saw far-reaching DDoS and ransomware attacks such as WannaCry; the continuing forward momentum of driverless cars, with greater uptake of trials around the world; further mega-mergers of semiconductor companies and much more… So, what can we expect over the next twelve months? […]

Beech Tree acquires cloud data company Redstor

Birmingham-headquartered Beech Tree Private Equity has acquired a fast-growing provider of cloud data management software and services – Redstor. The private equity firm had been looking to invest in a company with exposure to the rapid growth in data generated by businesses and selected Reading-based Redstor, which also has operations in South Africa, thanks to the company […]

3i infrastructure completes acquisition of Solihull’s WIG

  3i Infrastructure has increased its equity ownership of Wireless Infrastructure Group (WIG), which is Scotland headquartered with offices in Solihull, in a deal announced on 27 December. The deal to invest a further £186m in WIG has now completed and 3i Infrastructure chairman, Richard Laing, said: “We are delighted to be taking majority ownership of WIG. […]

Mercia ploughed £48m into growing businesses last year

Mercia Technologies, a Warwickshire-based investment group, invested almost £50m in growing businesses UK-wide last year. During 2017, Mercia Technologies also opened new offices in Birmingham, Sheffield and Leeds as it continued to expand its growing team. Chief executive Mark Payton comments: “During 2017 Mercia has continued to strengthen its regional presence, build its investment portfolio, its team […]

Global manufacturer chooses Coventry as its UK base

Portuguese manufacturer, AMOB, has set up its UK base (AMOB UK) at Pilot Trade Centre in Coventry, to facilitate its move into the UK market. A manufacturer in metalworking technologies, AMOB UK provides one of the biggest ranges of specialised equipment for the tube and pipe bending industry worldwide, and has a worldwide network of 70 […]

WarwickNet issues first DCMS fibre broadband installation voucher

WarwickNet, a provider of broadband solutions, has announced the issue of its first Gigabit fibre broadband voucher in Coventry and across Warwickshire as part of the first stage of the government-backed Gigabit Voucher scheme, which offers grants of up to £3,000 for SMEs to upgrade broadband in selected pilot areas of the UK. Launched last […]

Leicester technology company 3T Logistics’ revenue surge

A Leicester-based company that specialises in developing technology for the logistics sector has reported an increase in turnover of about 50 per cent over the past four years. 3T Logistics is Europe’s largest independent 4PL, managing over £200 million in transport spend across Europe and the US. Based at Grove Park in Enderby, Leicestershire, the […]

Mayor backs govt proposal for West Mids tech innovation

West Midlands’ Mayor Andy Street has backed a series of proposals that the Government that will boost innovation and technology industries across the region, including creating a new tech hub in Birmingham and digital technology investment. The proposal will see the number of tech visas being offered to UK businesses double, while a £2m pilot scheme will be […]