Augnet Limited, the London-based technology start-up set to revolutionise the SMS and messaging space, has announced that Triple Point Venture Fund has led a £1.3 million investment into the company. Triple Point invests in Augnet alongside a number of industry experts and investors. The funds will be used by Augnet to further develop the platform, support the testing stage and invest in its sales and marketing channels.  Augnet has developed a unique technology that enables SMS messages to be tracked and ensures a 100% delivery rate through a patent-protected, encrypted solution. 

Deepbridge Capital has led a $2m (£1.52m) funding round in Thalia Design Automation, with renewed commitment from the company’s existing investor Development Bank of Wales.

Foresight Group has successfully exited its investment in Nottingham-based Mercia Power Response Limited (MPR), generating a return of 3.8x on the original investment for its Foresight Nottingham Fund.

Product Guru, an online platform described as ‘Tinder for retail buyers and product suppliers’, has secured a £300,000 investment.

The Scottish company has received financial backing from Asia-based retail technology investor Belmond Capital, Scottish retailer Scotmid and Scottish Enterprise.

Buyers from high street retailers including John Lewis, Tesco and TK Maxx have already signed up to use the technology platform, which allows their buyers to find new products for their shelves.

Silverfleet Capital, the leading Pan-European private equity firm, has agreed to acquire Microgen Financial Systems Limited, a leading provider of Trust & Fund Administration (T&FA) software to the Trust and Corporate Services industry. The transaction is subject to the approval of the shareholders of the seller, Aptitude Software Group plc.

MMC Ventures has launched the £52 million MMC Greater London Fund as part of the Mayor of London’s new initiative - the Greater London Investment Fund.

The MMC Greater London Fund (GLF) will enable investment into the most innovative, high-potential digital companies in London; to unleash their potential with the funding required to accelerate their growth; and to support their journeys with valuable connections, resources and experience. MMC will invest from the GLF at Seed and Series A, creating a portfolio in which MMC can deploy significant capital, utilising MMC Ventures’ other funds, over multiple rounds as they scale.

Sorted, the global delivery experience company, today announces it has secured £15 million in a recent funding round led by Praetura Ventures and NVM Private Equity LLP. This follows earlier rounds of investment from Praetura and NVM, bringing Sorted’s funding to a total of £22m over the last four years.  The funding will be used to accelerate Sorted’s ambitious global product roadmap, following the recent launch of its revolutionary delivery tracking solution, SortedREACT, which joins additional intelligent services in the firm’s product suite: SortedHERO and SortedPRO. 

Awen Collective has secured seed investment through Startup Funding Club (SFC)’s early stage funds. The Welsh cyber-security startup, which develops digital forensics software solutions for Industrial Control Systems, Robotics and Internet-of-Things devices, helps manufacturers and critical infrastructure providers reduce the time spent before and after a cyber-attack or cyber-physical incident.  The funds obtained from the SFC Angel Fund and the SFC SEIS Fund will enable Awen Collective to further grow and continue to provide client successes with Digital Forensics & Incident Response across Critical Infrastructure & Manufacturing. Additionally to SFC’s investment, to encourage its growth and international expansion, Awen Collective will receive support from the Tech Nation Cyber programme.

The Riverside Company, a global private equity firm, has partnered with ACTINEO, the leading German InsurTech Player specialized in bodily injury claims, providing tech-enabled and data-driven services to the insurance industry. 

autologyx has announced that it has raised an additional £1 million to rapidly expand its foothold in legal, RPO and insurance sectors. The digital operations platform, which automates real-world, complex business processes, has seen significant growth over the past year, both in terms of recurring revenues – which have doubled, and demand for its market-leading platform.

Israeli startup TriEye, whose innovative Short-Wave-Infra-Red (SWIR) sensing technology is able to see in adverse weather and night-time conditions, announced today a $17M Series A funding round, led by Intel Capital. Other investors include Marius Nacht, co-founder of Check Point Software Technologies, and TriEye’s existing investor Grove Ventures, headed by TriEye chairman Dov Moran, the inventor of the USB flash drive and co-founder of M-Systems. Since inception, TriEye has raised over $20M, including a seed investment of $3M led by Grove Ventures in November 2017. 

Following recent expansion in Singapore, London based RegTech firm ClauseMatch closed its first venture debt funding round with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors.