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Featured Investments – April edition

Avonmore Developments and Forward Partners Exit ParcelBrightUS and European

Veeqo has acquired London-based parcel delivery startup ParcelBright which was backed in 2014 by two UKBAA members: Forward Partners and Avonmore Developments.

Blockchain intelligence firm Elliptic raises $5 million Series A

US and European Bitcoin exchanges and payment processors have adopted Elliptic’s compliance and fraud detection technology, using it to assess risk on more than $2 billion in Bitcoin transactions.

Spectral Edge backed by Cambridge Capital Group, Martlet & IQ Capital

Cambridge-based imaging technology startup Spectral Edge has completed an oversubscribed £1.5 million round, funded by 3 UKBAA investor groups.

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