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Many business angels may remember Retrogenix from the Investment Competition at this year's Venturefest. Now the company has received a £150,000 investment to enable it to scale up its innovative screening technology. Retrogenix was founded by Dr Jim Freeth and Jo Soden, who completed the deal after taking part in the Access to Finance for Healthcare Technology Companies programme run by Grant Thornton.
Paraytec Ltd, a scientific instrument company based in York, has received investment worth over £150,000 in its latest funding round. A new investor, YABA member David Thornton, joined existing Viking Club/YABA investors, management and Yorkshire Fund Managers in the round. Part of the funding was in the form of a loan from the Viking Loan Fund.
YABA member Simon Smith used knowldge gained from an earlier investment to help develop the product for his latest venture.
Action-packed, edge-of-the-seat and set in Leeds, the new indpendent British film Freight opens in cinemas in Spring 2010 - and YABA member Adam Moger helped make it happen.
Energy saving street lamps could soon be helping the UK meet its carbon emissions targets, thanks to support from angel investors Ewin Woodward Development (EWD).
A cash boost of £160,000 received in May 2009 is helping Sheffield pigment manufacturer Diamond Dispersions Ltd break into new overseas markets.
A Yorkshire-made energy saving device looks set to go global, thanks to support by angel investors, Dr Chris Ilett and Alan Needle of Yorkshire Association of Business Angels.
A company that helps schools generate revenue, whilst providing pupils with the chance to work on a real-live business, is now well on its way to profitability, thanks to a six figure investment from business angel Justin Whitston.