Braveheart, a venture capital and investment management business, has announced that it has jointly led a round of funding into MicroStencil Ltd of approximately £500,000. This is the second round of funding the company has received and other contributors included the Scottish Co-investment Fund.
Earlybird, Hummingbird and Endeavour Catalyst have exited to US-based mobile game designer Zynga
GP invests via its renewable-energy-dedicated fund Green Arrow Energy Fund
Ingo Stoff will be part of the Munich-based team and joins from the PE division of a family office
Transaction is made via a club deal which saw participation of several private investors alongside Cherry Bay