UK spinout firm Northern Gritstone to tap external VC investors

The investment firm founded by the universities of Leeds, Manchester and Sheffield in the north of England, aims to take on external investors in the second half of next year to help it fund spinouts beyond series A.

New operator for Sheffield’s sports and leisure venues

Sports and Leisure Management’s Everyone Active has been announced as the new operator of Sheffield’s sport and leisure venues, as of 1st January 2025.   

Merger creates new labelmaking force

Sheffield’s IML Labels & Systems, Longcombe Labels and Leed Marque Concepts have merged their businesses to create Dura-ID Solutions. The deal has created a combined company able to offer a larger selection of products, with a larger customer reach and...

FW Capital investments in Northern Powerhouse hit £10 million

The total value of investments made from the Northern Powerhouse Investment Fund (NPIF) by fund manager FW Capital has passed the £10 million mark in less than a year. In February 2017 when the British Business Bank launched NPIF, FW Capital was appointed as Fund...

ITM Power and Shell join forces to build a new hydrogen electrolysis plant

Shell and ITM Power will build the world’s largest hydrogen electrolysis plant at Rhineland refinery, Germany. With a peak capacity of 10 megawatts the hydrogen will be used for the processing and upgrading of products at the refinery’s Wesseling site as well as...

Wake Smith celebrates £100m of corporate deals

Sheffield’s Wake Smith Solicitors corporate team completed deals worth a cumulative value of more than £100m in 2017