Iventis, a company whose events software platform is used by organisers of international sports competitions has raised £400,000 to support its further growth.

Iventis has secured investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), and the government’s Future Fund. The Lincoln-based company, which has been bucking the industry trend, is planning to use the funding to create seven new jobs.

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. 

The £5m investment, made on behalf of the Baronsmead VCTs, is in addition to further investment from existing shareholders and will support the expansion of eConsult Health into the secondary care market.

Beyond maintaining its position as the leading digital triage services in GP surgeries, eConsult Health will continue the rollout of its Urgent and Emergency Care triage solution, eTriage, and outpatient referral software, eSpecialist.

The Running Channel, the YouTube channel and content brand for a global audience of runners, has raised over £1 million in a private investment fundraise to help capitalise on international growth opportunities.

Ori Biotech Ltd (Ori), a leading innovator in cell and gene therapy (CGT) manufacturing, today announced the successful close of a $30 million Series A financing round, bringing the company’s total funding to date to $41 million. The new funding will be used to help bring Ori’s innovative manufacturing platform to the market. The Ori platform delivers scalable solutions to flexibly address the critical clinical and commercial manufacturing needs of CGT developers.

Praetura Group, the Manchester-based debt and equity capital provider to Northern SMEs, has announced a series of organisational and board changes.

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.

Two advertising executives who quit their jobs to develop their own 3D software have secured over £450,000 in investment to help them launch their product.

Ben Cyzer and Tim Phillips created visual effects for TV commercials for brands such as Sony, Nike and Samsung and were behind the penguin in the John Lewis adverts. They set up London-based Artificial Artists in 2018 to find a way to make quality 3D animation more suited to the faster pace and lower budgets of digital media.

A businesswoman whose software platform helps companies to manage rebate and incentive schemes has raised a further £950,000 from investors.

Leanne Bonner-Cooke MBE, who founded the e-Bate platform, secured the money from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), Mercia's own EIS funds and the government's Future Fund.With the pandemic having boosted demand for the e-Bate platform, the funding will allow the Leicester-based firm to create five new jobs and further increase global sales. This latest funding round is the second investment by MEIF and brings the total raised so far by the company to over £2m.

Fit Cloud Technology Ltd, trading as Membr, a fitness focused management software platform that operates in 23 countries worldwide has secured significant investment from NPIF - Maven Equity Finance, managed by Maven and part of the Northern Powerhouse Investment Fund, to fuel the next phase of its global expansion.  Membr is a full function cloud-based fitness software solution that has produced a simple and efficient digital platform that allows gym owners to manage their members whilst their personal training staff can actively support customers on their fitness journey.

Pictet Alternative Advisors (PAA), the Pictet Group's wholly-owned alternative investment business line, has launched its first thematic private equity fund, which will focus on technology investments.

Edgify, a company building AI training frameworks at the edge, has secured a $6.5m seed funding round backed by Octopus Ventures, Mangrove Capital Partners and a semiconductor giant.

Edgify’s technology enables any connected device - known as ‘edge devices’ - to interpret vast amounts of data generated at the edge, train a complete AI model locally, and proceed to share that learning across an entire network of similar devices, thereby training them all to identify unique aspects of a given object for use of computer vision, NLP, voice recognition and any other form of AI.