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Vala launches new sustainable EIS fund

Vala launches new sustainable EIS fund

Vala Capital has invested in three fast-growth start-ups with sustainable strategies after successfully completing its first funding round for its new Sustainable Growth EIS. The company plans to raise GBP15 million for the sustainable EIS over the next two years and, having raised its target of GBP1.2 million for the first round, is due to embark on a second round of fundraising in September.

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EmergeVest invests in neobank Lucy

EmergeVest invests in neobank Lucy

EmergeVest, a Hong Kong-based growth-oriented private equity investment group, has invested in Lucy, a neobank focused on women entrepreneurs, through seed funding. In addition, Dr Jessica Bruser of EmergeVest has joined Lucy’s board of directors.