One Utility Bill extends funding to £3.3m in the past year

One Utility Bill extends funding to £3.3m in the past year

One Utility Bill, the Newcastle-based business which simplifies the utilities experience for consumers, landlords and letting agents – has raised a further £1.6m. The follow-on investment round was led by incumbent investors DSW Ventures, the venture capital...
Start-up insights: about that last round valuation

Start-up insights: about that last round valuation

“This round is valued at £6m pre-money. That’s because the last round closed at £3m. Back then, it was just me. Now there are two of us.” Back to valuations and pricing. This post is a brief journey around some of the arguments about why venture and angel...
Start-up insights: don’t take no for an answer

Start-up insights: don’t take no for an answer

After a stretch of fairly cold technical posts, we’re now turning to look at a more human issue – how hard should you, the investor, push your due diligence questioning? Most founders have a visionary streak. They see success as close at-hand, more so than the rest of...
Founder Q&A: Eugene Shestopal – Poptop

Founder Q&A: Eugene Shestopal – Poptop

DSW Ventures first invested in Poptop in December 2018 alongside existing investor Northstar Ventures. Two years on and (hopefully) almost one pandemic later, we spoke to CEO and Co-Founder Eugene Shestopal to hear about the Poptop journey and his experience raising...
Founder Q&A: Eugene Shestopal – Poptop

Poptop to begin global roll-out after raising further £440k

Poptop – the Newcastle-based events booking platform – has raised a further £440,000 to pursue its global expansion plans. The funding comes from existing investors DSW Ventures and NorthStar Ventures, which was investing from the North East Innovation Fund supported...
Start-up insights: Warranties in Venture Capital

Start-up insights: Warranties in Venture Capital

We focus a lot in this series on the tougher aspects of a venture investment. You might think this reflects deep negativity or anxiety. It is absolutely the opposite. Scope out any problems at the start. Then fix them. Move on. Succeed.  Warranties are...
VC Insights: The re-up

VC Insights: The re-up

Managers in a scale-up business need to be incentivised by having a meaningful stake in the company they run. Often they don’t. This is a big problem which may well be a serious long-term valuation drag. But it can be fixed… A recurring theme in our series is that...
Investor Insights: The Regional Angels Programme – our first year

Investor Insights: The Regional Angels Programme – our first year

DSW Ventures became the first partner in British Business Investments’ Regional Angels Programme a year ago – elevating our investment capability and reach. This post looks at how the Programme is working for DSW Ventures, and the progress we’ve made in delivering...