Commercial law firm Hill Dickinson has advised Bellevie Care, a fast-growing provider of in-home care services, on a £2.15 million fundraise. The combination of seed funding and grants will help facilitate the rollout of the company’s award-winning care model across the UK, starting with Northumberland and Oxfordshire.
Skagen Conscience Capital led the £1.6 million seed funding round, backed by northeast-focused investment fund Northstar Ventures, the Joseph Rowntree Foundation and Treebeard Trust. This, in turn, unlocked a further £550,000 in grant funding from UK Research and Innovation’s Healthy Ageing Challenge, which is delivered by government body, Innovate UK.
Hill Dickinson provided legal advice to BelleVie, led by corporate partner James Paton-Philip, assisted by paralegal, Oliver Hart.
James Paton-Philip said: “BelleVie are successfully reinventing what at-home care can look like at a time when society is crying out for new and improved ways to support its ageing population. Investors see BelleVie’s potential for growth and the backing they have given the company provides the resource needed to expand the model more widely across the UK. We were very pleased to have advised BelleVie on getting this deal across the line successfully.”
Commenting on the latest funding round, Trudie Fell, CEO of BelleVie, said: “We’re thrilled to have the backing of this great group of investors; their belief in us is great validation of our model. Together, we can address society’s most pressing challenges. This latest investment round means we can accelerate our mission to reinvent the future of care work.”
