North West Fund 4 Digital & Creative
Drury House 19 Water Street, Liverpool, L2 0RP, United Kingdom
Overview
AXM Venture Capital is a venture capital firm focused on seed, startup, and early-stage companies. It focuses on businesses operating across a broad range of activities; from television production through to software development; social networking tools and e-commerce; design to advance digital hardware innovation; and includes advertising and marketing communication companies, electronic publishing, computer games developers, and broader information and communication technology industries. AXM currently manages two investment funds, The Creative Capital Fund (£6.5 million) operating throughout London, and The Northwest Fund 4 Digital and Creatives (£15 million).
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- Venture Capital
Investment portfolio
- Autology World
Led · Equity · Jul 2011
Autology World is a UK-based provider of an e-learning application for secondary schools and colleges that combines contextual search software (Autonomy) with content from educational publishers. Its product suite was re-engineered and went live in February 2012 and has been marketed through local authorities to cover entire counties and cities. The platform is available for download to Windows PCs in schools across the UK as part of Microsoft's desktop Learning Suite and is now used in 76 schools. Established in 2007 and led by CEO Eric Hobson, CTO Niels Montanana and sales director Keith Edwards, the company aims to accelerate and enhance students’ learning. Autology plans to use new capital to continue development of the Autology software platform and to expand its marketing efforts into new regions across the UK. The company raised £330k in equity financing to support these initiatives, with backers that include the North West Fund for Digital & Creative (managed by AXM Venture Capital). Autology World provides an online learning tool that allows students to access paid-for content from educational publishers such as Pearson, Letts Lonsdale and World Book. The company’s tools are being implemented in schools throughout the West Midlands, Lancashire and Cardiff. Autology was founded in 2007 and is based in Chester, UK; it is led by Chairman Julian Harley. The company raised £660,000 in funding, with part of the investment explicitly taken as equity. Backers include the North West Fund 4 Digital & Creative (managed by AXM Venture Capital) and a syndicate of private investors. The raise is positioned to support the company’s ongoing deployment in schools as described in the article.
Team
No current team members are available.