ISSUE 10

In this issue:

		Fund update
		SWVF funding fuels classic car company expansion
		Hemp seed oils and dressings attract funding for a GOOD future
		Gnodal secures funding to scale up development of data centre technology

Fund update

The South West Ventures Fund has enjoyed high levels of investment activity in the year to date, with 6 new investments and 6 further investments completed, totalling more than £2.5 million to 31 August.

Since its launch the Fund has brought the total invested to more than £10.6m in 31 companies.

SWVF funding fuels classic car company expansion

Tygan Motor Company, which produces replicas of celebrated Porsche sports cars of the 1950s, has secured finance from the South West Ventures Fund.

The investment will be used to expand the company’s sales and marketing operation, to increase R&D to meet new European regulations and to increase stock.

The Tygan marque was launched at the prestigious Goodwood Festival of Speed last year with the Speedster 356. From 2009 Tygan will be offering a second model, the 550 Spyder, derived from the famous racing Porsche that competed in the Le Mans 24 Hours and the Mille Miglia. Both designs are based on the running gear of the original Volkswagen Beetle.

SWVF funding

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Hemp seed oils and dressings attract funding for a GOOD future

A North Devon company which supplies premium hemp seed oils and dressings to major supermarket chains such as Waitrose, Tesco and Sainsbury’s has secured investment from the South West Ventures Fund to drive sales of its GOOD OIL range.

Braham & Murray, based in Barnstaple, was founded by Henry Braham and Glynis Murray. The products – GOOD OIL Original, GOOD OIL Light, GOOD DRESSINGS and GOOD SEEDS – have a delicate nutty flavour and can now be found in 1,500 stores throughout the UK.

GOOD OIL is one of the healthiest culinary oils on the market. It has half the saturated fat of olive oil and is rich in Omegas (essential fatty acids), which the body needs for a healthy heart as well as being important for the brain, nervous and immune systems. Analysis by nutritionists at King’s College London shows that 10ml of GOOD OIL per day makes a substantial contribution to the intake of essential fatty acids required for good health.

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Gnodal secures funding to scale up development of data centre technology

Gnodal Limited, which is developing technology that gives an order of magnitude improvement in data centre performance and power efficiency, has secured venture capital funding from the South West Ventures Fund as part of a finance round totalling £1.1million.

With rapidly increasing volumes of information, traditional technologies have become inefficient as data centres have increased in size.

Offering a unique combination of high performance, low cost and low power, the Gnodal solution enables the construction of even larger scale data centres and higher performance computing systems.

atlas

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For further information please contact the YFM Group team in Bristol: Peter Davies, Julian Dennard, Nick Simmonds, or Alison Briggs.

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	Disclaimer The South West Ventures Fund is managed by YFM Venture Finance Limited, part of the YFM Group. The fund management subsidiaries of YFM Group, YFM Venture Finance Limited and YFM Private Equity are authorised and regulated by the Financial Services Authority. Whilst YFM Venture Finance has taken all reasonable steps to ensure that the information contained within these pages is accurate and up-to-date, no liability can be accepted for any error or omissions appearing in this site. If you are in any doubt as to the validity of information made available within these pages, or if you wish to rely on this information, then it may be in your best interests to seek verification by contacting us.