10th December 2020
- 0 commentsWonder, the company revolutionising virtual space, has completed a $11 million seed round led by EQT Ventures, with participation from existing investor BlueYard Capital. Wonder is a video communication tool with over 200,000 monthly users, enabling larger online group gatherings that mirror in-person meetings, such as the ability to chat to people in different groups and chance encounters. The new funding will be used to refine Wonder’s product development, expand its team, and grow its customer base.
10th December 2020
- 0 commentsSummize, a Manchester-based developer and provider of software for the legal sector, has secured an additional £1m investment in a funding round led by NPIF – Maven Equity Finance. NPIF - Maven Equity Finance, which is part of the Northern Powerhouse Investment Fund and managed by Maven Capital Partners, originally invested £500,000 in Summize in March 2019.
9th December 2020
- 0 commentsAqua Digital Rising, the Fintech company developing tradable indices based on human performance and achievement, has completed its Bnk to the Future crowdfunding round.
The one-month funding round ended on the 29th November 2020 with Aqua outperforming its original target, closing the raise at US$1.4 million.
7th December 2020
- 0 commentsDerbyshire-based fleet management software provider has secured a £1.5m funding boost to develop its cloud-based product and create 20 new skilled jobs. Nathan Grace Holdings Limited, which trades under the Chevin Fleet Solutions name, secured the £1.5m loan from the Midlands Engine Investment Fund (MEIF) E&SEM Debt Finance fund, managed by Maven Capital Partners.
7th December 2020
- 0 commentsA Leicestershire based food safety technology business has secured a £500,000 investment to scale-up operations and boost their ambitious growth plans. Navitas Digital Safety Ltd, which operates out of Phoenix Park in Coalville, has secured the finance from The FSE Group Debt Finance Fund through the Midlands Engine Investment Fund (MEIF).
4th December 2020
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Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has invested in 8power for the Low Carbon Innovation Fund 2 (LCIF2). The investment of £450,000 is part of an overall round of £2 million.
4th December 2020
- 0 commentsLiving Map, the digital map and data platform, has completed an £850,000 funding round led by existing investors Committed Capital and Mercia Asset Management. The funding will allow the Bath-based company to further enhance its technology and support the continued roll-out of its new service to guide passengers transferring between flights at airports.
Living Map’s software allows companies to locate and track assets or people in real time and, unlike other mapping products, can operate seamlessly across both outdoor and indoor spaces. In particular Living Map is a leader in indoor location services, and its technology offers greater accuracy without the need for expensive additional hardware.
3rd December 2020
- 0 commentsInfogrid, the artificial intelligence technology company that automates facilities management and makes any building smart, has raised $15.5m Series A funding from a combination of UK and US investors. The round was led by Northzone with participation from JLL Spark, Concrete VC, The Venture Collective, Jigsaw VC, a leading global real estate investment group, and a large international asset owner.
3rd December 2020
- 0 commentsEclecticIQ, a global threat intelligence, hunting and response technology provider, has raised €20million ($24 million) in Series-C financing, led by Ace Management, Europe’s leading cyber growth investor.
2nd December 2020
- 0 commentsPrimer, the low-code payments infrastructure and online checkout API, has announced a £14 million Series A funding round led by Accel. Existing investors Balderton, SpeedInvest and Seedcamp also participated and were joined in the round by RTP Global.
1st December 2020
- 0 commentsNVM Private Equity has sold its stake in Agilitas IT Solutions Limited to the international private equity investor Perwyn, providing NVM funds with an 8.4x return.
1st December 2020
- 0 commentsFreeFlow Technologies (FFT), the developers of the world’s lightest power to weight e-Bike motor has secured £1.85m from a heavily over-subscribed funding round.
The new investment will support a move to a new headquarters and R&D facility in East Kilbride and further strengthen the team with senior technical positions and assembly engineers recruited.