Originally written by Nick Ismail on Small Business
In September 2020, Small Business and Worth Capital partnered to re-launch The Start-Up Series – the UK’s largest seed funding competition.
Since then, five new winners have received a combined total of over £800,000 of equity investment from The Start-Up Series Fund and private investors. Three former winners have also gone on to receive over £300,000 of follow-on funding from the same source after achieving their impressive growth targets. All investments were subject to further due diligence carried out by Fund Manager, Amersham Investment Management.
Following the latest investment round completed in early April, Hayley Etherington, Business Operations Director of Worth Capital, said: “As the Start-Up Series approaches its 5th birthday later this year, we take great pride in having meticulously selected and crowned 25 competition winners from thousands of applications across the UK. They’ve received over £5.3 million in SEIS & EIS equity investment — that’s real cash, creating real innovation and jobs, and building loved brands.
“We welcome these latest five ambitious start-up businesses to the Worth Capital family with great optimism. As always, we’ll be working hard alongside the talented founding teams over the coming months and years, helping them to avoid risks