Michelmores’ Corporate team, led by Edwin Richards, has advised Kudos Innovations on the successful issue of convertible loan notes to investors with matched funding from the Future Fund of the British Business Bank.
Founded in 2013 by three publishing and technology professionals, Kudos Innovations works with publishers, universities, corporations, funders, metrics-providers, and other intermediaries to help aggregate efforts around researchers to build impact for their work. Kudos supports researchers to ensure their publications get found, read, and cited in a world of information overload.
Melinda Kenneway, CEO of Kudos Innovations said,
“These are difficult times for many businesses and the faith demonstrated by investors in ours and its growth prospects is most welcome. This was a new process for us all but with the help and advice we received from Edwin and the Michelmores team it reached a speedy conclusion. All-in-all what could have been bureaucratic turned out to be relatively painless.”