EnVision Capital, a corporate venturing unit of US-based advisory firm EnVision Business Consulting, has made its first investment by backing SpenDifference, a local restaurant supply chain company.
Formed in 2009, Robert Novick, managing partner of EnVision, said the consultancy had been created to help companies grow through both consulting and angel investments and SpenDifference had been one of its first clients.
Novick said: "Consultants are often derided for giving advice and walking away. With this investment we have aligned our financial goals and demonstrated our belief in SpenDifference and its management team."
The amount of the investment was not disclosed.