Mobeus invests in Northern Bloc

The firm provides investments of £2-15m in UK-based SMEs from a series of VCT funds, as well as Mobeus Equity Partners IV, which closed on £166m in August 2017.

The company will focus on continuing to grow the business, and building its base in the retail market.

Paul Keen, previously CFO of ETC Venues, will join the board as a non-executive director.

Company
Leeds-based ice cream brand Northern Bloc was founded in 2014. The company sells its vegan line of ice cream in Waitrose, Co-op and Morrison's.

People
Mobeus – Jane Reoch (investment director); Amaad Mahmood (investment executive).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• Venture
• United Kingdom
• Mobeus Equity Partners