NorthEdge has made a series of appointments and promotions across its Manchester and Leeds offices.

The lower mid-market private equity specialist, which manages more than £900m of funds, has promoted Partner Prem Mohan Raj to Chief Operating Officer. Prem joined the business in 2016 as Chief Financial Officer and has since played a key part in the firm’s success. His new role will see him take on increased responsibility for Investor Relations and fundraising alongside his responsibilities for finance, operations and marketing.

Bowmark Capital has announced a series of promotions.  Antonia Cheong and Tom Elliott become partners while Tom Keen has been promoted to investment director and Alex McRae to investment manager.

Seraphim Space Camp today reveals the startups that are participating in Mission 7 of its accelerator, the UK’s first dedicated programme for global startups in the SpaceTech industry. Featuring seven new startups, the latest cohort has attracted founders from all over the world who hope to take their startup to the next level.

Committed Capital has sold its equity interest in Fairstone, the acquisitive full-service wealth management and chartered financial planning firm, to global private equity house TA Associates.

Financial Services Capital, the private equity investor dedicated to the European financial services sector, has completed $15 million in new financing for NYMBUS®, a leading provider of banking technology solutions, doubling its total investment in the company to more than $31m.

Oxitec Ltd, the leading developer of insect-based biological solutions to control pests that transmit disease, destroy crops, and harm livestock, has received US$6.8 million in funding from the Wellcome Trust, one of the world’s largest charitable foundations, to fund scale-up programs for Oxitec’s just-add-water Friendly™ Aedes aegypti technology.

Maven Equity Finance, part of the Northern Powerhouse Investment Fund (NPIF) and managed by Maven Capital Partners, has led a £600,000 funding round for YR Free Labs Limited, a business providing secure technology for digitally recorded media via a video collaboration platform called ‘eviid’. The NPIF - Maven Equity Fund invested £600,000, alongside £225,000 from the Government’s Future Fund.

Dublin-based Nory has raised a pre-seed round of $2m to help restaurants manage the full-suite of their operations with the tap of a button. The round is led by Calvary Ventures and Playfair Capital.

Feel, the UK-based digital health company, is on a mission to clean up the ‘dirty’ world of nutritional supplements and, following an exceptional first year of growth, the  producer of the world’s cleanest, highest-quality supplements, has closed a £4.5million investment, led by Fuel Ventures and includes TMT Investments, Sova VC, Richard Longhurst (founder of LoveHoney.com) and Igor Ryabenkiy (founder and GP of Altair Capital).

Scottish Equity Partners (SEP) has completed a $25 million growth equity investment in Basis Technologies, a leading provider of DevOps and test automation software for SAP systems.

A group of leading entrepreneurs and investors have joined forces with the sector body for British brands to reach first close for a £50 million venture capital fund that will support some of the most exciting purpose-led brands and related technology companies in the premium consumer space.

A recruitment platform which allows haulage operators to reduce costs has raised a further £300,000 to support its expansion plans.

Avail Technologies has secured funding from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, and directors including chairman Keverne Watt. It comes as the company moves to new headquarters in Stockton-on-Tees, where it plans to recruit a further five staff in the year ahead.