UK, Monkey Bizness Raises 2M from Octopus Investments

Monkey Bizness Limited, a UK’s independent operator of family entertainment centres, received a £2m funding from Octopus Investments Ltd.
The investment was made through the £30m Octopus Capital for Enterprise Fund.
The proceeds will be used to strengthen the business’ balance sheet and to finance additional new sites across the UK.
Lewes, East Sussex, UK-based Monkey Bizness operates family entertainment centres in six locations (Lewes, Gosport, Poole, Sheffield, Stevenage and Hull) and aims to double the current portfolio size over the next three years.
Commenting on the funding, Alex Cheney, co-founder of Monkey Bizness, said: “The investment and support from the Octopus Capital for Enterprise Fund comes at a crucial time and we are looking forward to working with Octopus to take the business to the next level”.
FinSMEs
26/10/2009

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