Braveheart Inv Regulatory News (BRH)

28 September 2012

Braveheart Investment Group plc

Envestors closes equity funding round for Capablue

Braveheart Investment Group plc ('Braveheart', the 'Group' or the 'Company') (BRH), the AIM-listed investment management group specialising in venture capital investments and investment services to business angels, high net worth individuals, family offices and public sector organisations, announces that Envestors Limited, its wholly owned subsidiary, has closed an equity fundraising for Capablue, the provider of solutions for broadcasters and brands.

Envestors, the award-winning private investor network that sources dynamic companies seeking growth capital, was lead adviser. The funding was raised from its group of private investors, family offices and venture capital sources. The amount of the funding is not disclosed.

A significant participant in this first round of funding is the advertising entrepreneur Charlie Makin who has joined Capablue as a Director. He will play a hands-on role in propelling Capablue to the next level and developing its profile among brand owners and advertising agencies. Building on a successful 2012 after a number of major contract wins including UKTV, Chello Zone and Curzon on Demand, Capablue will use the funding for business development and expansion.

Bob Taylor, Founder Director of Envestors said: "Capablue is an exciting business at the forefront of the evolution of media and broadcast industries. I'm not surprised we attracted a lot of investor interest in this business given the rapid change taking place in this sector as well as the strength of the management team."

"The market for the consumption of content and services has changed with the emergence of internet connected devices," said Mr Makin. Tom Cape, CEO of Capablue, added: "Charlie's involvement combined with this first round of investment highlights the market's confidence in Capablue and will enable us to help content owners, brands and agencies exploit the value of their content by creating new and interesting commercial solutions for the connected ecosystem." 

Further information:

Braveheart Investment Group plc

Envestors Limited

Merchant Securities Limited (Nominated Adviser and Broker to Braveheart)

Media enquiries (for Braveheart):

Allerton Communications

Media enquiries (for Capablue):

Platform PR

Notes to Editors

Braveheart Investment Group plc

Braveheart Investment Group makes and manages investments in young, emerging British companies, specialising in building tax efficient portfolios for business angels, high net worth individuals and family offices. Braveheart has a demonstrable track record in investing, an established client base and various funds under management. The Group has offices in Perth, London, Yorkshire and Jersey with franchise operations in Dubai and Manchester.

Following the 2010 acquisition of Envestors Limited, the London based specialist corporate finance advisory business, Braveheart offers a unique and comprehensive suite of tax efficient products to high net worth investors.

www.braveheartinvestmentgroup.co.uk

Envestors Limited

Envestors enables investors to source dynamic unquoted companies in need of growth capital. Comprising high net worth private investors, family offices, funds and venture capital sources, its network has helped over 65 companies raise in excess of £25 million, the majority of opportunities attracting taxation benefits under the Enterprise Investment Scheme (EIS).

Services to companies include intensive preparation for fundraising, initial due diligence and screening, facilitating corporate fundraisings through in-demand investor presentation events and face-to-face meetings with potential investors, and placing of non-executive talent.

Envestors was awarded the "Private Investor Network of the Year" at Investor Allstars in 2009 and again in 2011 and is a wholly-owned subsidiary of Braveheart Investment Group plc.

www.envestors.co.uk

Capablue

Capablue provides solutions for broadcasters and brands, across the entire Connected TV ecosystem, from Video on Demand (VoD) through Connected TV and second-screen apps to advertising and T-commerce. It unifies the main TV with the multitude of new TV-enabled devices, so brands can connect with consumers and provide a seamless experience across all screens.

Capablue's unique cloud-based platform, Connected, enables the discovery and monetisation of content on multiple internet-connected devices, helping brands exploit the fact that TV is now connected to the internet to promote and monetise content and products.

Customers on the Connected platform include UKTV, M&S TV, Curzon on Demand, Start Trek for Virgin Tivo, Playboy TV and DigiTop's Karaoke Superstar.

www.capablue.com