Our recent funding round which closed in October was reported in yesterdays Herald as part of an article about two key Scottish technology companies raising money from angel syndicate groups.
This most recent round was a first for Kelvin Capital as we joined forces with EOS Technology Investment Syndicate and Investing Women to raise over £500k - in conjunction with the Scottish Investment Bank.
Kevin Grainger said of the deal:
"This is the third investment we have completed since starting a year ago, and is the first we have done in conjuntion with Kelvin Capital and Investing Women."
"We are delighted to have come together with other like minded syndicates to put a package together for sunch an innovative business as Chromacity"
Our own Jim Hall commented:
We are delighted to have worked with EOS and Investing Women for the first of what I hope is many deals going forward.
“Not only were we able to quickly raise in excess of £500k through our combined member base but we now have the support networks and contacts of all three groups to support this business going forward which is a huge value add to the company."
Read the full article by Greig Cameron here
The Flexiworkforce team hosted an event at the beginning of the month in Edinburgh to discuss the advantages of flexible working. The event was attended by the Scottish Government's Cabinet Secretary for Fair Work and Skills, Roseanna Cunningham MSP, who gave a keynote speech announcing the Scottish Governments plans to promote the fair work agenda.
The event also included a Q&A session with Flexiworkforce CEO Tracey Eker, who after the event said:
“Flexiworkforce wants to change the way the world works, and for the better. Today’s event is a further positive demonstration of the Scottish Government‘s commitment to fair work.
“Business cannot afford to sit on its hands if we are to tackle the UK’s damaging skills shortage.
“14 million people across the UK want flexible work, yet only a minuscule proportion of vacancies promote flexibility. Flexible working is valuable not only for parents, but for sports professionals, veterans, people with disabilities and of course employers.
“This event will be the first of many in Flexiworkforce’s efforts to promote meaningful diversity in Scotland and across the UK.”
Plan Bee have had an extremely busy month with the launch of their second subsidiary website beehivebrae.uk
The Company have seen huge coverage in the press in the last few months with the most recent article being in yesterday's The Scotsman, you can read the article here
Beehive Brae's Honey Mead
Beehive Brae's Honey Beer
Plan Bee this week launched the website for their new Origins Honey brand. The site is full of gorgeous products including jars of honey, honey infusions, beeswax candles and gifts.
To celebrate, Plan Bee are offering 10% of all products for the next 24 hours. Use the code SAVETHEBEES at...
What a wonderful story for a Monday. Selina, a female sun bear cub was found abandoned back in 2014 in a forest in Borneo. She was handed over to the wildlife rescue centre later that year where she seemed to be suffering from severe abdominal pain. Specialist wildlife veteranian Romain Pizzi made the journey over to the rescue centre to treat her, where he used Clear Surgical's Oplight 180 to carry out a life saving operation on Selina who is now recovering slowly but surely and enjoying a much better quality of life. The full story is below.
Plan Bee were visited by contributor Rachel Phipps of Great British Chefs and Neilufahr Alimohamadi, editor of Cherie City. Below are our favourite excerpts from the articles;
"Bees are actually quite friendly creatures. They don’t actually look that scary as they come flying out of the hive towards you once the lid is lifted. Braver souls such as myself even picked up whole slabs of honeycomb with the worker bees clinging to the structure provided for them on which to start building their honeycomb. It is amazing to get up close to the bees; in various places, you can see how they instinctively start building the hexagonal shapes. You can see where they start to fill these up with honey, and probably the most fascinating, you can see where bees are buried within cells under a thin layer of wax, and burrow their way out into the sunlight as part of their birth. It is not until you get up close you really come to appreciate these little flying friends, and I promise that honey will taste all that better for the experience, if you ever get the opportunity."
"Our next stop was a real adventure, visiting the Plan Bee hive at privately-owned home Haggs Castle. Plan Bee provides and manages bee hives for Glasgow businesses (including Two Fat Ladies) and arranges visits for schools to connect children with nature.
We got kitted up in protective overalls, veils and wellies and chief beekeeper Warren Bader opened the hive, filled to the brim with over 60,000 honeybees. At first it was a little daunting, but the bees were quite calm and good-natured, allowing the most courageous in our group to take a close look at the frames covered in honeycomb."
iMetaFilm launched their brand new website this week, along with a product demonstration video and they're looking great.
Exlusive overseas department store Globus has become the first supplier of Plan Bee's Origin Honey making it the first large overseas export for the company.
Nirmala Alterher, Globus' Head of Corporate Communications said;
"Our customers expect unique brands of the finest quality, and that's certainly what Origin Honey has to offer. The blend of Scottish heather honey and Glengoyne single malt whisky is certain to become a favourite with our clientele, and fully embodies our 'savoir vivre' ethos.”
Warren Badar, CEO of Plan Bee said;
“Globus is among the most exclusive stores in Europe, and has a clientele of discerning shoppers who expect the highest quality produce in their shopping baskets. The Swiss are renowned as among the most health aware nations in the world and will be not only well versed on the unique taste of Scottish honey, but also on its many health benefits. We are delighted to be working with Globus, who have not only shown their need for the highest quality products on their shelves, but also the importance of offering customers ethical products with a strong sustainability ethos. We look forward to working with them further and offering more Origin Honey products for sale on their select shelves.”
Last week, QED Naval commenced testing of the Subhub operational model last week at the Forth Estuary Engineering Dock in Leith, Scotland.
The Subhub tidal foundations platform is deisgned to commission, test, transport, install and secure a range of wave and tidal turbines to the sea floor.
CEO Jeremy Smith said;
“A lot of hard work has gone into getting the Subhub project to this point which is a credit to the team and supporting companies. The Operations model represents a big step forward for the Subhub project de-risking the ballast system and installation/retrieval methods which is a key selling point used to reduce the cost of deployment and overall the cost of energy”.
Subhub Operations Model
Taragenyx have just complete a new round of funding worth over £600,000 from Kelvin Capital, Lancaster Capital and the Scottish Investment Bank.
The investment will be used by the company to fund continued global customer expansion and for further work into their proprietary self-healing implant technologies.
Iain McDougall, CEO of Taragenyx said
“It’s been an incredible journey for us so far. After two years of hard work and prudent risk taking we’ve achieved so many things and made great progress."
The full article can be read on Business Quarter here
Earlier this week, Ingenious Audio secured a further £310,000 in oversubscribed funding from Kelvin Capital, Scottish Co-Investment Fund and Scottish Investment Bank.
The latest cash injection will be used by the company to develop an audio streaming system "Fi-Live" and wifi guitar cable "Jack"
Read the full Scotsman article here
Earlier this week, Plan Bee were interviewed as part of
The Riverside Show presented by STV
Two presenters from the show, Colin Stone and Jennifer Reoch met up with Warren at Plan Bee to find out more about bee hives and the Plan Bee ethos.
Watch the segment below
Earlier this week, long standing south-side restaurant, the Battlefield Rest celebrated it's centenary by installing bee hives on the roof, helping to support the crucially declining bee population and provide an in-house supply of honey to be used in the menu.
Marco Giannasi, owner of the Battlefield Rest said,
"Our customers expect high quality produce, they want local produce and they want it to be good for the environment. Working with Plan Bee Ltd will allow us to raise the bar in urban sustainability, while also providing an interesting talking point for our many regulars."
Warren Bader, chief executive of Plan Bee, said the beehives would be a "standout feature" for customers to the restaurant.
"They are committed to high-quality local produce, and it doesn't get much more local than right up here on the roof," he added.
The team at Beehive Brae received some much deserved praise from national press last week for their award winning mead and honey beer product
The key message was how the cult television series Game of Thrones has had a massive impact in boosting the sales of mead in the USA and UK as Beehive Brae reported a 42% increase in sales of mead last year.
The Company are using the crowdfunding campaign to help with legal fees and for a winemaking license and if a success the company will be able to create 4 job opportunities within the local community. Warren Badar, founder of Plan Bee and Beehive Brae said;
“We operate in a socially responsible way by giving employment where we can – especially in the functions of bottling and labelling - to disadvantaged individuals within our community and we insist on paying our people the living wage, with fixed hours of work."
As of today Beehive Brae have over achieved on their £2500 crowdfunding target. Check out the campaign vimeo below
To read more about the Beehive Brae
crowdfuding campaign, click here