The Capital Fund has invested £250,000 as part of a £450,000 financing round for mobile phone messaging services provider 2sms. The balance of the equity has been supplied by Richard Goldstein, an experienced SME investor, who has joined the 2sms board.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses