In the final month of 2023, 14 companies closed equity investment totalling a little over £19 million. However, seasonal celebrations and PR strategies seem to have got in the way of any publication of this news with only one of the 14 companies having announced their raise publicly. Read on to find out more about this story.  

This brings the current equity investment total for the year to £808 million, some £200 million short of 2022’s total. Whilst this trend has moved in the wrong direction, we should take some comfort from the significant total given Atomico recently reported that investment was down across Europe by 50% on previous years.

Limited Space

Co-founders and Entrepreneurs Matt Gordon and Samantha Sida have secured a multi million pound investment deal from DVC Capital for the growth and scaling of Limited Space, the Retail & Lifestyle Out-Of-Home (OOH) media company they founded 22 years ago.

The investment, which will be deployed over the next two years, will see an immediate transformation of the business via contract wins; new installations and upgrades to Limited Space’s digital network; audience & behavioural analytics; delivery and reporting platforms; personnel and research.

This article is written as part of the techSPARK Investment Activator in the West of England. This programme is run by TechSPARK and is kindly sponsored by TLT LLP, delaware, West of England Combined Authority, UWE, Sanderson, Engine Shed and Rocketmakers. Find out more about the IAP here.

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Briony Phillips

Briony is Scaleup Lead at Rocketmakers, a software development agency that designs, develops and deploys technology for startups, scaleups and corporations. Briony champions the scale-up business ecosystem and works with partners across the public and private sector to deliver content, events and resources that help to overcome challenges faced by fast-growth companies such as access to investment and office space availability.