- Braveheart Investment Group says that that in connection with a follow-on funding round in Paraytec Limited, one of its existing portfolio companies, Braveheart has invested £150,000 alongside a number of other existing shareholders, raising a total of £250,000 for Paraytec.

In addition, Paraytec has undertaken a re-organization of its equity capital and loan notes, the effect of which has been to strengthen its balance sheet and release additional resources for business development.

Following the completion of these changes, Braveheart will own 33% of the issued share capital of Paraytec and has the right to appoint a director to the Paraytec Board.

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