Ludgate Environmental Fund Limited has commited £4m into Rapid Action Packaging (RAP) Limited; of this sum, £1.5m will go to ordinary shares and £2.5m towards a convertible unsecured loan stock (CULS).
Glass Container companies are portfolio companies of Horizon Capital’s Western NIS Enterprise Fund
Seed investor Heartbeat Labs will retain a 10% stake in Fernarzt
Innovery is a portfolio company of Wisequity IV, which closed on €215m and is currently 92% deployed
Fund will be larger than its predecessor, which closed on €280m in July 2018