Finance

Manchester-based technology firm UKFast is investing £4m to expand its network globally, launching new points of presence (POPs) in Amsterdam, Seattle and Manchester.

Investment in Northern tech companies has reached a ten-year high, as investors worldwide target the region’s fast-growing digital sector, according to Livingbridge.

Damian Mohammed has been appointed Investment Director for GC Angels, the angel investment arm of the Growth Companywhich supports businesses seeking access to investment from £25,000 up to £2million.

Wigan based software provider Outsource Management Services (OMS) has secured investment of £55,000 from NPIF, BFS & MSIF Microfinance, a fund managed by GC Business Finance in partnership with MSIF and part of the Northern Powerhouse Investment Fund (NPIF).

Eccles-based Quick Reach Powered Access, a fast-growing national equipment hire business, has secured a £4.5million equity investment from Mercia Fund Managers.

Manchester-based foodservice bakery company, Kara, has invested in excess of £1m back into its site.

Bus and coach hire firm Belle Vue Manchester has invested £650,000 to expand its fleet as it gears up for growth in 2019.