The UCL Technology Fund, UK Innovation & Science Seed Fund (UKI2S), alongside support from Innovate UK, have invested in UCL spinout company Glialign Ltd, which is developing a novel cell therapy for peripheral nerve repair. 

Nanotech Industrial Solutions, Inc (NIS) has completed a $12m growth capital round to accelerate sales and continue developing new applications of its path-breaking nano-additives technology. The round was led and syndicated by EcoMachines Ventures, a long-term investor in NIS.

NIS is the only manufacturer of nano-sized particles of Inorganic Fullerene-like Tungsten Disulfide, producing high performance additives for greases, industrial lubricants (including gear oils, transmission oils, chain oils etc.), metal working fluids and other lubricating fluids.

Funds managed by Foresight Group have provided a debt facility of up to £25 million to independent principal property lender, Roma Finance.

NearMeNow has secured an equity co-investment led by the Development Bank of Wales, who invested £150,000, with a further £60,000 obtained from private investors.

Technology business Intelligence Fusion, IF, is set to scale after successfully raising £487,000 to further develop its online global intelligence and risk management platform.

App commerce company Poq has announced the completion of a £9.5 million Series B funding round, led by Smedvig Capital, with significant participation from long-term investor Beringea and additional investment from existing investor Revolt Ventures. This round brings the total amount raised by Poq so far to £16.5 million.

Concentra Analytics, the creator of Software as a Service (“SaaS”) data solutions used to visualise, model and track business operations, today announced the completion of a £41 million growth equity investment led by One Peak Partners, with participation from co-investors Morgan Stanley Expansion Capital, Joseph Schull, Connected Capital, as well as existing shareholder, City Securities. The investment will enable Concentra to extend its international footprint and increase investment in its SaaS solutions, providing its clients with a real-time, data-driven ability to analyse and re-engineer their operations. Concentra’s flagship product, OrgVue, brings together organisational data held across different systems, making it possible for enterprises to understand, design and deliver more effective and efficient operating models.

The first spinout company set to emerge from the University of the West of Scotland has closed its seed investment round, raising £1.5 million.

novosound, the winner of the 2017 Converge Challenge, has developed and patented a ground-breaking technique to mass-manufacture printable ultrasound sensors. The revolutionary method overcomes the limitations of existing technology, improving a manufacturing process, which hasn’t majorly changed in more than 40 years.

Paragraf, the graphene technology development company, a recent spin out from the University of Cambridge, has closed a £2.9 million seed round to support the development of its first major products. The round is led by Cambridge Enterprise, the commercialisation arm of the University of Cambridge, with the participation of Parkwalk Advisors, Amadeus Capital Partners, IQ Capital Partners and angel investors.

Shoosmiths has advised private equity investor LDC on its £13 million minority investment into Paladone, one of the UK’s market leading designers and suppliers of giftware products, to assist in the acceleration of its international growth.

TradeDepot, the innovative SaaS platform for FMCG distribution in Africa, announced today $3 million in funding. Partech’s recently launched Africa Fund led the Series A round which will support the expansion of TradeDepot’s footprint in Nigeria and development in other countries. Since its founding in 2016, TradeDepot has successfully developed a 360° solution integrating all participants in the trade value chain: manufacturers, distributors and retailers. The solution quickly convinced first rank FMCG companies and has been deployed all over the country in distributors’ warehouses.

BGF has announced the exit of its minority investment in Brownhills Glass, one of the UK’s leading independent glass merchants and processors.