The majority of finance has been sourced for the property sector including bridging and development finance, auction finance, commercial mortgages and buy to let portfolio finance. Newable Finance typically sources lending for SMEs and property-backed businesses that are typically looking to borrow up to £10m, with access to over 150 lenders ranging from high street … Continued
CMS, founded in 2000 in the North East of England by brothers and experienced engineers Nic and Neil Smith, now directly employs over 190 staff nationwide, with growth driven by sustained year-on-year investment from the founders. The business operates 24/7, 365 days a year, specialising in the installation, maintenance, and repair of business-critical systems including … Continued
Established over 10 years ago; Nuwave Channel Partners is a travel retail brand that was founded and headquartered in London, UK, with international operations in Netherlands, China and Hong Kong. Nuwave Channel Partners has conceptualised, designed and manufactured quality products since 2011, in partnership with their clients, for the travel retail market. Their products can … Continued
To be known as The Exchange (branded as XCHG) and specifically targeting start-ups, scale-ups and SMEs, the c.14,000 sq ft flexible office and co-working space on Level 7 will be NewFlex’s most significant space as-a-service project to date, aiming to create a bespoke environment that fosters innovation. As part of an agreement between 22 … Continued
Sustainalytics are an independent rating organisation, who provide high-quality, analytical ESG research, ratings and data to institutional investors and companies. Categorised across five risk levels, Sustainalytics ESG Risk Ratings are: Why is this important? Following on from the release of Newable’s environmental, social and governance (ESG) strategy last year, Newable has been working to achieve … Continued
London-based B2B-focused sales and marketing lead generation platform provider Cognism has raised $87.5m (£64m) in funding. The Series C round was led by new investor Viking Global Investors while other participants included fellow new investor Blue Cloud Ventures and follow-on investors AXA Venture Partners, Swisscom Ventures and Volution. Cognism, founded in 2015, provides tools to … Continued
The Newable Ventures’s Fund has successfully led a £1.3m investment in Thingtrax. Newable participated alongside Superseed Ventures and angel investors. Thingtrax is an AI and IoT smart factory solution founded in 2015 to help manufacturers transform the way their labour, processes and machinery connect. The company uses custom hardware sensors and proprietary software over a … Continued
This makes Newable the first non-bank lender to join the initiative which includes five existing lenders; HSBC, Santander, Barclays, Lloyds and NatWest. The export finance scheme was launched in December 2020 and was first available in March 2021, designed to provide exporting SMEs access to working capital to support through their COVID-19 recovery journey. Announced … Continued
Totalling 13,731 sq ft, the beautifully designed new space will provide entrepreneurs, creatives and SMEs the environment they need to flourish with flexible memberships, private spaces, communal areas and events that foster collaboration. There will also be a café serving Bold’s proprietary coffee and tea blends, as well as access to capital, advice and mentoring. … Continued
Portfolio News Sphere Fluidics raised a £30m Series A round Congratulations to Newable Ventures investee company Sphere Fluidics on their £30m fundraise. The round was led by Sofinnova Partners (Paris, France) and Redmile Group (San Francisco, USA) and will enable Sphere Fluidics to expand the Company’s international sales activities in key markets and improve its … Continued
