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The Venture Codex

Finance Birmingham

45 Church Street, Birmingham, West Midlands, B3 2RT, United Kingdom

Overview

Finance Birmingham is an Alternative Investment Fund Manager that provides existing SMEs around England with affordable and flexible finances to support potential business growth and development. Their committed and experienced team are here to support businesses within a variety of industry sectors, combining approachability with professionalism and ensuring they follow a flexible and straightforward process. Owned by Birmingham City Council, their well developed public-private partnership means they bring together the industry experience of private sector experts and the public sector support to drive innovation, job security and growth.

Total investments
3
Lead investments
2
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • EnXray

    Led · Debt Financing · Apr 2017

    EnXray is a development-stage company advancing a Low Energy X-ray (LEXR) sterilization machine that enables on-site, on-demand sterilization of medical devices and consumables at the point of manufacture. The company is carrying out initial product sterilization testing with potential customers and is targeting the medical device manufacturing industry as its first market. It intends to use recent funding for pre-commercialization activities, manufacturing and the commercial launch of LEXR. EnXray is on track for commercial launch by the last quarter of this year. The company recently secured a £2.327m funding package comprising loan and equity. Founded in 2012 and based in Liverpool, the company remains in the development stage. EnXray Ltd is a Liverpool, England development-stage sterilization technology company founded in 2012 by Ed Cappabianca. The company is commercializing a proprietary, patent-pending Low Energy X-ray (LEXR) sterilization technology. Its first target market is the medical device manufacturing industry, aiming to enable on-site and on-demand sterilization as the final step of production. EnXray has installed a first prototype unit at partner SMS Electronics in Beeston and is developing that prototype into a commercial version for demonstrations and validation. The company expects to start product sterilization testing for potential customers in Q4 2016. Recent financing activity and a prior government-backed loan facility are being used to support further development and commercialization of the LEXR technology.

  • Learning Labs

    Participated · Equity · Jul 2013

    Learning Labs develops FlashSticks, patent-pending packs of 200 printed Post-it® notes that each show a foreign word, translation, icon and phonetic to enable incidental learning during daily routines. The company also offers a free app built on the Aurasma augmented-reality platform that plays instant pronunciation videos for each word. Led by director Veejay Lingiah, Learning Labs has a commercial partnership to roll out French, Spanish, Italian and German FlashSticks into 500 WHSmith high-street stores and will sell via Amazon and its own site. Packs of 200 words are priced at £5.99. The company plans to use new funding to manufacture its solutions, take them to market and grow its team. Financially, the firm has secured equity and grant support to support these go-to-market activities.

  • Owned it

    Led · Equity · Jan 2013

    Owned It converts the order confirmation page into a post-checkout social-commerce channel, offering tailored incentives to encourage customers to share purchases via Facebook, Twitter, email and potentially Pinterest. The product is available as plugins for Magento, Opencart, Zencart, Ubercart and osCommerce, and can be integrated via JavaScript or bespoke implementation. It displays contextual offers (discounts, free delivery, cash back) to drive referrals and cross-sell at the moment of highest customer engagement. The platform includes an analytics dashboard with A/B testing, referral and click tracking, sales attribution and the ability to drill down to individual customer sentiment and comments, enabling retailers to target influential customers. Owned It says it is already working with merchants in 18 countries across consumer electronics, gadgets, gifts and fashion. Pricing is free up to 500 transactions per month and starts at $49/month for 1,000 transactions; the company is a graduate of Oxygen Accelerator and has raised £100,000 from Finance Birmingham and private investors.

Team

No current team members are available.