Leading deeptech VC, IQ Capital, has held the first close of its £125m third fund, IQ Capital Fund III, at £92 million. The fund will invest at Seed and Series A stages into UK deeptech companies with transformational deep-tech, AI or disruptive algorithms at their core and led by visionary founders.

Louis Poulsen has developed strongly under Polaris’ ownership since 2014, generating considerable revenue and earnings growth. The development has been driven by significant investments in the Group’s brand, product development and sales as well as organizational and operational improvements. Polaris has today entered into an agreement to divest its majority shareholding to Investindustrial Group Holdings SA, which is an investment subsidiary of Investindustrial VI L.P.

Inflexion Private Equity has announced the appointment of Irina Hemmers as a Partner. Irina will lead the TMT team, building on Inflexion’s long history of successful investments in the sector including On the Beach, FDM and Reward Gateway.

Triptease, a travel SaaS startup which helps hotels to get more direct bookings and bring hospitality online, has raised  $4m of additional funding from its investors BGF and Notion Capital, taking the total amount raised since last year to $13m.

Triptease provides a data-driven software platform to hotels looking to increase their online conversion rate in the face of intense competition from online travel agencies (OTAs). Hotels around the world are anxious to avoid the large commissions paid to OTAs but need tools to make sure that travellers complete bookings through their website.

TourRadar, the largest OTA in the multi-day touring market, announced today a US$50m Series C, led by TCV with participation from existing investors Cherry Ventures, Endeit Capital, Hoxton Ventures and Speedinvest.  TCV is one of the largest providers of capital to growth-stage private and public companies in the technology industry and has backed industry-leading companies including Airbnb, Expedia, HomeAway, Netflix, SiteMinder, Spotify, Vice, and Zillow.

Celonis, the global market leader in process mining software, has raised $50 million in Series B funding from existing investors Accel and 83North, which values the company at $1 billion. Celonis has outpaced its growth targets since its June 2016 $27.5 million Series A funding and has been a profitable company every year since its inception.

Start-up Funding Club COO, Angelika Burawska, highlights 3 rules that successful entrepreneurs should follow at any stage of a business's development.

As the CBI’s annual MSB Summit returns for 2018, Chris Manson urges businesses to embrace exporting opportunities to help them succeed in the current political and economic climate.

BGF has appointed Sophie Birch to its Talent Network team, which helps BGF-backed companies gain unparalleled access to a group of more than 5,000 board-level non-executives, business leaders and sector expert

A  highways technology company which has amassed a huge library of data about the UK’s road network has secured a £2.7m investment from BGF to further expand its ground-breaking ‘roadscape’ services.

Gaist captures and analyses continuous, high-definition imagery – 900 times the detail of Google Maps – about road conditions and the highways network. The company has developed this into revolutionary and IP-rich proprietary software, which can be imported into the asset management systems of highways network operators, local authorities, mapping companies, major utilities and other blue-chip firm.

AdoRx Therapeutics, a UK based drug discovery company focused on the identification of new cancer therapeutics, today announced that it has closed an initial $10 million investment round financed by Epidarex Capital and CRT Pioneer Fund (‘CPF’).

BGF has invested £3m of growth capital into Cardiff-headquartered DevOpsGroup, a UK professional services company specialising in DevOps engineering consultancy and training. This deal represents BGF’s first investment in Wales since it announced the launch of its Cardiff office earlier this year.