London-based venture capital and financial services firm Arie Capital has announced that two of the companies from its current portfolio of technology startups have confirmed their plans to hold an initial public offering within the next few weeks.

BGF, the UK and Ireland’s most active investor, has completed a multi-million-pound investment in Stark, a leading provider of energy data and analytics services, based in Horley, Surrey.

Established 40 years ago, Stark collects, processes, assures and distributes data representing around 20 per cent of the UK’s electricity supply, every day. It serves over 30,000 organisations including large energy users, intermediaries, and energy suppliers – large and small. The Company employs over 280 people from its four offices across the UK.

NVM Private Equity has completed a £10 million MBO of Trust Systems, a provider of networking consultancy and managed services focused on helping customers to make the most of their technology.

Trust Systems, which operates from its HQ in Cirencester, has built a loyal customer following in both the retail and transport sectors securing major contracts with many blue chip brands including Aldi, Holland & Barrett, Waterstones and National Express. The company also has a strong reputation in the delivery of enterprise solutions installing networks and performance monitoring with major partners including Ark.

Scottish Equity Partners (SEP) has completed a significant growth equity investment in AutoRek, a leading provider of financial control, regulatory reporting and data management software. AutoRek’s cloud-based software as a service (SaaS) platform has experienced significant growth in the past three years and investment from SEP will enable the company to accelerate its product development plans and further extend its offering internationally.

Quva, a North-East based fintech firm, has been launched with the aim of digitally transforming the way private equity firms, venture capital funds and angel investment networks currently manage the end-to-end investment process.

Cutover, the first enterprise-wide work orchestration and observability platform that enables seamless human and machine collaboration, has announced a $35 million Series B financing round led by Eldridge, alongside existing investors Index Ventures, Sussex Place Ventures and Contour Ventures.

Maven Capital Partners, one of the UK’s most active investors in smaller businesses, has led a £1.54 million funding round for Adimo, a marketing technology platform that enables FMCG brands to turn their digital marketing campaigns into shoppable experiences. 

NorthEdge has completed its investment into Distology, a leading specialist cyber security distributor.  Founded in 2014, Distology is a value-added-distributor representing vendors of IT security technology products across EMEA, helping to protect businesses’ digital estates from the growing threat of cyber-attacks. The business is headquartered in Manchester with access to the European market via its office in The Netherlands.

GeniusU, valued at $202 million, has raised $1.4 million from 63 investors in its latest seed investment round, closing 40% up on the original target of $1 million. Part of Genius Group, the world’s largest entrepreneur education group, the Singapore based GeniusU is the digital edtech platform used to deliver the curriculum that is offered to their 1.4 million students and entrepreneurs around the world. The capital being raised would be used for continued global expansion and to grow the key leadership team.

Nyobolt, a cutting-edge battery company, defining a new category of ultra-high power technology, has secured $10 million in Series A funding, led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors. The funding will enable Nyobolt to expand globally, building new facilities, and growing the engineering and operational teams, which work with customers to implement and integrate the unique technology into commercial applications to solve their battery challenges. 

FourJaw Manufacturing Analytics, a tech spin-out whose cloud based data capture and analysis technology is unlocking five-fold increases in manufacturing factory floor productivity in the North of England has secured a significant six-figure investment from a combined Angel and Venture Capital syndicate, valuing the company at £2m.

Just three weeks after being awarded a Business Productivity Programme grant to accelerate the development and roll out of its productivity maximising platform, Sheffield-based FourJaw Manufacturing Analytics’ has been given a major confidence boost from the combined Angel and Venture Capital investment communities.

Foresight Group has made a £2 million follow-on investment into Spektrix to support further growth opportunities and to continue the excellent work