Superfast wireless broadband provider Wildanet has secured £50m investment, which will allow the company to continue to expand its broadband network across Cornish communities and create up to 98 new jobs. The Cornwall and Isles of Scilly Investment Fund (CIOSIF) portfolio company has secured funding from the Gresham House British Strategic Investment Infrastructure Fund LP (BSIF).  Wildanet was established in 2017 by Ian Calvert, with the ambition to establish a high-tech, low-hassle, fast broadband solution for hard-to-reach rural areas which would guarantee broadband speeds. 

A healthtech platform has raised £825,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, to support its continued growth.

C-Link, a property procurement start-up founded in 2015 by Paul Heming and Chris Barber, has successfully raised a six figure investment from private investors through investment non-profit, NorthInvest.

Maven Capital Partners has led the £17 million management buyout of Envitia Group plc, an established data and geospatial technology and services provider to the defence and public sectors. The transaction has been fully funded by Maven’s maiden institutional fund - Maven UK Regional Buyout Fund L.P.

eXate, a London-based data software firm has announced a £2.3 million seed round led by Outward VC, with additional backing from ING Ventures and Triple Point Ventures, to accelerate the growth of its DataSecOps platform. eXate is democratising data privacy for organisations by providing a simple embedded platform that automates the technical enforcement of data policies, solving the large-scale challenges created by evolving and complex global data privacy regulations.

Private equity firm WestBridge has backed the senior management team at construction software company Eque2 to acquire the business from its existing shareholders.

Birmingham-based travel technology business, You. Smart. Thing. Limited (YST) has received £250,000 from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners, backed also by £250,000 from the Coronavirus Business Interruption Loan Scheme.

Zokri, a company that provides a ‘software as a service’ platform for businesses to create and track objectives and key results, has received investment from a member of Henley Business Angels (HBA), contributing towards their latest funding round.

The software that Zokri have created is designed to help employees within a company align their strategy, goals and tasks. This helps allow for effective collaboration and for managers to support teams and the wider business.

Crowd Data Systems (CDS) has secured funding to further develop the next generation of treasury management systems. Founded by industry veterans, the CDS team possesses a strong balance of technology, sales, and operational experience, having worked together for 20 years to date. The CDS team founded and successfully exited their first startup ‘City Financials’ back in 2010 via trade-sale.

Xiatech, a UK Headquartered system integration and data analytics specialist, has agreed a growth capital investment with Rockpool Investments. The strategic partnership, advised by the BDO Growth Advisory (M&A) team, will see Rockpool invest in Xiatech’s Single Data View© platform, a Software as a Service (SaaS) solution that provides companies with a real-time view of customer, inventory, product, orders and sales data, as well as an enterprise-scale integration hub, analytics and powerful machine learning capabilities, all hosted in the cloud.

The founders of London-based ecommerce startup aisle 3 have bounced back after being made redundant at the start of the pandemic to successfully raise £200,000 for their new ecommerce venture, supported by Angel Investment Network.

Orbex, the innovative European space launch company, has secured $24 million in a funding round led by BGF, the UK's most active investment company, and Octopus Ventures, one of the largest VCs in EuropeBGF and Octopus Ventures have joined existing investors High-Tech Gründerfonds, Heartcore Capital and Elecnor S.A. - parent company of the multi-national space firm Deimos Space - in a new funding round for the orbital launch services company. The new investments secure the roadmap to the first launch from the Space Hub Sutherland spaceport in Scotland.