Locpin appoints Bosham Capital Advisors (“BCA”) for £750,000 fundraise for expansion in parcel and last mile delivery markets
Locpin, the digital mapping and precise location platform, which serves the last mile parcel and service delivery markets, has appointed Bosham Capital Advisors (“BCA”) as its corporate finance advisor for the company’s upcoming capital raise.
BCA has been mandated to raise £750,000 in fully EIS-eligible equity to provide Locpin with growth capital for the next phase of its product deployment. This raise follows the signing of a global agreement with Belron, the market leader in vehicle glass repair and replacement globally.
Rollout of Locpin’s patent-pending technology is underway in the US with Safelite AutoGlass, helping to enhance their end to end customer experience by asking their customers to share precise location and vehicle details and to support technicians to find them more easily. This contract deepens the company’s relationship with Belron after Locpin won the ‘Drive with Belron’ accelerator programme in 2017, and is expected to grow with further deployments expected in Belron’s other key markets.
BCA sponsored bike ride completed 7 days early!
Congratulations to Ben Boddington and Albert Thornton who have completed their cycle trip from Boston to Seattle in just 53 days! The boys cycled almost 4000 miles over 15 states and have so far raised over £8,000 for CALM, a mental health charity in the UK who work to prevent male suicide.
All of us at BCA are proud to have sponsored this event and send our congratulations for a job well done!
Donations are still welcome, if you would like to help the boys achieve their target of £10,000, please click here
BCA sponsors charity cycle ride
BCA is pleased to be sponsoring Ben Boddington and Albert Thornton who are cycling at least 4,500 miles from coast to coast in the US to raise money for CALM, a mental health charity in the UK who work to prevent male suicide.
The pair started their ride in Boston on 14th June and are planning to take 60 days to complete their route in Seattle subject to head winds and injuries!
All of us at BCA are wishing them both the very best of luck!
If you wish to donate, please click here.
Bosham Capital Advisors secures Series A investment for Cashless Payment market leader Glownet
Glownet – www.glownet.com – global market leader in the provision of cashless payments, access control and social engagement in the live events sector announces the successful completion of a Series A fundraising, managed by Bosham Capital Advisors (BCA) – www.boshamcapitaladvisors.com.
BCA is pleased to announce the successful completion of its first institutional-backed deal, with Downing Ventures. The corporate finance and capital advisory specialist has now secured over £25m of venture growth capital since it was founded three years ago including Vashi (www.vashi.com) and Ptarmigan (www.ptarmiganland.com).
BCA has worked closely with Glownet since June 2017, offering a number of services including strategic positioning, new market entry into the US and business development in Asia.