Chargemaster: The investor behind Thread and Chargemaster is looking to raise $100 million

Startup backer Beringea plans to raise up to £80 million ($100 million) in new funding. Beringea is a long-established investment company in the UK and the US, and has backed startups including men's fashion service Thread and electric car charging company Chargemaster. Beringea, which has backed men's clothing startup Thread and electric car charging firm Chargemaster, plans to raise up to £80 million ($100 million) in new capital by issuing new shares. The investment firm runs two publicly listed funds in the UK, known as venture capital trusts (VCTs), which invest in fast-growing startups and which any investor can put money into. This is slightly different to traditional venture capital... Read More