Bowmark Capital, the mid-market private equity firm, has backed the buy-out of Totalmobile, the UK’s leading independent Field Service Management software provider.

Eagle Genomics, a pioneer in applying network science to biology – particularly linked to the microbiome – has closed $9 million in new scale-up funding. It will use the investment to further develop the capabilities of its powerful AI-augmented, knowledge discovery platform and to drive further commercial expansion across Europe and the US.  Environmental Technologies Fund (ETF) and a consortium of investors from across science, AI and analytics fields have provided this latest, strategically-important round of investment which will support Eagle Genomics’ high-growth ambitions. 

British Patient Capital has committed $35m to The Evolution Technology Fund II. The Fund is expected to achieve a targeted $250m final close in the coming months and is already investing in growing cybersecurity and enterprise software companies.

Evolution Equity Partners has been investing in cybersecurity companies over the past 20 years, building global leaders over several economic cycles, including to IPO. Their strategy targets companies that are making use of big-data, machine learning, artificial intelligence, and SaaS.

Gresham House Ventures, a growth equity investor specialised in scaling businesses driven by technology, customer insight or service excellence, has agreed the sale of its stake in Ten10, a leading independent software testing and quality engineering consultancy, on behalf of the Baronsmead VCTs.  The Baronsmead VCTs invested £4.25m in February 2015, supporting the business’ acquisition of The Testing People in December 2015.

Irish data driven VR simulation company VRAI is expanding its UK operations  following funding of €1.2 million from private investors, as well as  continued backing from Enterprise Ireland.  VRAI will open a new office in Gateshead’s PROTO centre, the UK’s immersive technology cluster.

Graphite Capital, a leading UK mid-market private equity specialist, has backed the management buy-out of Ten10, a leading independent UK quality engineering and software testing services provider. 

CRUX, the British-Israeli startup that has developed the world’s first Knowledge Quantification platform, has announced a £1 million seed investment round led by WENVEST Capital, the B2B SaaS venture capital firm, and includes A-Round Capital and Founders Factory.

With an overwhelming volume of information on both publisher and corporate platforms, CRUX’s groundbreaking deep tech supports digital media companies, financial services firms and management consultancies in helping users become more informed and more engaged. CRUX creates unique knowledge journeys around any topic, by measuring users’ knowledge build-up in real time, and directing users to the most valuable content for them.

UK-based technology company Hinterview, the award-winning video platform for the recruiting & talent sector, has raised £1.47m in venture finance as demand for their technology soars in the wake of the coronavirus pandemic.  

The investment round was led by UK-listed TMT Investments PLC, and brings the total raised to date to over £3m.  The investment will be used to scale the business both in the UK and internationally, helping the business to meet rapidly growing demand for their specialist video technology as the world adjusts to the lasting impact of Covid-19.

Detected, the world’s first agnostic business verification platform, has closed its pre-seed funding round at £250,000. This first tranche has been raised from a number of prominent angel investors within the founding team’s network. 

Tech Nation, the growth platform for tech companies and leaders, has appointed Jo Johnson as a new Board Director.

NPIF Maven Equity Finance has led a £250,000 funding round for fissara, a software platform that enables its clients to plan, manage, schedule and track their mobile workforce as they move, improving business efficiency and reducing costs.

NPIF Maven Equity Finance, part of the Northern Powerhouse Investment Fund and managed by Maven Capital Partners, originally invested £500,000 in fissara in January 2020. The investment, which also includes £125,000 from the UK Government’s Future Fund, will help the Wythenshawe-based business capitalise on new market opportunities created by the increasing importance of digital transformation projects for UK business decision-makers, as a result of the COVID-19 pandemic. 

JAXJOX, the global fitness technology company known for its innovative workout equipment and platform, today announced that it has secured £7.7M in a Series A round of funding with investorsDowgate Capital Ltd. and entrepreneur Nigel Wray, bringing total funding raised to date £13M. The funding is set to expand  development of the highly anticipated JAXJOX InteractiveStudio, the world’s first digital at-home fitness platform with connected free-weight equipment that creates personalised data points based on the user’s performance, and hits the UK market early 2021.