SEGF has led a syndicated investment round into Anaxsys Technology to support the full commercialisation of its innovative diagnostic device, enabling the rapid and accurate diagnosis of asthma, including within babies, infants and younger children. SEGF invested alongside the Mercia Technology Seed Fund, amongst others.
Click here to read more (pdf)

SEGF has announced an equity investment of £250,000 into Nationwide Accreditation Bureau Limited (“NAB”), to enable the company to continue its rapid expansion and development. NAB is a leading supplier of background checking services for employees in highly regulated markets. NAB has significant experience in the health care industry and has recently also won contracts for the accreditation of temporary and permanent workers in both leisure and car parking industries.
Click here to read more (pdf)

SEGF has undertaken a second round equity investment of £250,000 into Synermed Europe, to enable the company to continue its expansion plans, following the management buyout in April 2006 which was supported by SEGF. Synermed Europe develops and markets clinical chemistry diagnostics systems for both human and veterinary markets.
Click here to read more (pdf)

SEGF has invested a further £250,000 into Medway Foods. This brings SEGF’s investment into Medway up to £500,000 following an initial £250,000 invested in February 2007. The finance is looking to support management’s growth strategy. The Company is a market leader in the production of pastry products and food ingredients, operating from three factories in Whitstable and Sheppey in Kent and Bridgend in Wales.
Click here to read more (pdf)

SEGF has completed the second tranche of its £500k investment in recruitment software specialist Woodcote Software following its initial investment late in 2006. This round of funding, alongside personal investment from a number of the group’s directors and senior managers provides further expansion capital in support of new CEO, Nick Ray, who bought into the business late in 2006. Woodcote Software is the holding company for two businesses servicing different parts of the recruitment industry. Voyager Software provides solutions to small and medium recruitment consultancies and has been trading since 2001. ExpressHR is an early stage business supplying innovative Software as a Service platform for large employers and their recruitment partners to manage volume recruitment of temporary, contract and permanent labour.

SEGF has provided an equity investment of £250,000 into HDMI Limited, to support the company’s acquisition of the Miglia brand - the market-leading brand of Macintosh-based computer peripherals. HDMI Limited was established in May 2007 to acquire the intellectual property rights to the Miglia brand and its portfolio of products. Miglia, a division of HDMI, is a manufacturer of both computer and consumer electronics accessories for the digital lifestyle. The Company’s products leverage high-end audio, video and voice technologies and apply them to the broader consumer marketplace.  Although currently focused on the Apple market, HDMI’s vision is to further develop the Miglia brand to cover PC and other lifestyle accessories.
Click here to read more (pdf)

SEGF has provided development capital of £250,000 to National Pipe Care, in support of the company’s continued expansion. National Pipe Care is the trading name of Drainmate Limited, a company that exploits technologies to repair and replace underground drainage pipes without the need for major excavation. National Pipe Care has proven capabilities in this sector, having carried out no-dig rehabilitation works for water companies, construction companies, owners of industrial parks and private residents. The technologies reduce cost and disruption to clients and lend themselves particularly to work on pipelines that are difficult to access such as those buried under buildings or roads.
Click here to read more (pdf)

SEGF have invested £250,000 in Medway Foods Ltd. Medway was the MBO vehicle that acquired certain trade and assets from the administrators of Canterbury Foods Group Plc in early 2006. The Company is a market leader in the production of pastry products and food ingredients, operating from three factories in Whitstable and Sheppey in Kent and Bridgend in Wales. Click here to read more (pdf)

SEGF has led a major syndicated investment round for existing portfolio company Oxford Genome Sciences. The money will be used to further develop the company’s exciting portfolio of protein biomarkers.  Click here to read more (pdf)

The fund has exited its investment in Herb UK Limited through the completion of a management share buy-back. The investment generated an undisclosed return, but which was said to be “a great result for the fund, generating a good cash multiple and overall IRR.”

A Syndicate of SEGF, London Seed Capital and Oxford Technology 4 VCT amongst others, provided development capital of over £1m into imagineer Systems Ltd, a company which develops a suite of advanced software tools forprofessional film and video industry.