Gardner Leader

Gardner Leader handles venture capital investment by YFM Group in York company

York-based e-learning company MyKnowledgeMap has received a £250,000 investment to realise its expansion plans from YFM Group managed Yorkshire & Humber Equity Fund (YHEF). Gardner Leader LLP acted for YFM Group in connection with the investment.

Founded in 2000, MyKnowledgeMap develops web-based software and knowledge systems to support learning and training across the educational, public and private sectors. With clients such as the British Council, GHD, Leeds University and a number of National Skills Academies, the company has developed strong partnering links and strategically managed the business to the point where further expansion capital was required.

“We are one of the UK's most rapidly expanding learning technology providers with a reputation for innovative solutions and strong continuing support services. The support from YFM has opened doors, we can now leverage our proprietary software and continue to support the rollout of the National Skills Academies programme” explained MyKnowledgeMap CEO Rob Arntsen.

Ian Waterfield, Investment Manager at YFM said “With a strong client base and clear demand within the government’s upskilling agenda, this is a great opportunity for MyKnowledgeMap and YFM. Rob has built a team who have already demonstrated commitment to the growth and development of both the company and its employees. We look forward to working with Rob as the business evolves.”

Gardner Leader partner Derek Rodgers commented: “We were delighted to assist YFM Group with another investment in a growing business.”

The Yorkshire & Humber Equity Fund is one of three regional venture capital funds managed by YFM Group. In the last 12 months YFM has invested in deals worth over £19 million in 37 companies in the region.

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