Ian Connatty, Managing Director, Co-investment and direct investments at British Patient Capital, looks at the things to think about in the coming year:

Software specialist Carebeans Limited has­­­ established an office in Monmouth, Wales, having secured a significant six-figure equity Investment for their leading social care management software from the Development Bank of Wales and Liverpool based MSIF.  The co-investment includes the trade and assets acquisition of the Software business of Standex Systems Limited and onboarding of five new staff who move to Carebeans from Standex UK.

Livingbridge, one of the UK’s leading mid-market private equity investors, has agreed the sale of Carousel Logistics to Danish private equity firm Axcel.

KYND, a leading provider of pioneering cyber risk management solutions for the insurance industry, has announced a £3.25 million investment from BGF. 

KYND will use the investment to accelerate its rapid growth and global expansion plans, as well as continuing to develop transformative cyber risk technology to launch new products.

The company has achieved a 1000% growth on annual recurring revenue since June 2020 and developed partnerships with high-profile insurers and brokers, such as Beazley, Howden, Paragon and Alliant.

Foresight Group LLP has made a £4m investment into Newsflare Limited from its VCT funds, together with an additional £1m investment from existing investor, Edge Investments. Foresight has a well-established track record of investing in the technology, digital and media landscape across its institutional and listed funds.

A ground-breaking female-led business network has defied the pandemic and helped more than 130 businesswomen launch disruptive tech companies in under a year.  The Angels@Essex - Female Founders and Investors has expanded rapidly since launching last May and has been labelled “amazing” by members.  

Circularity Capital LLP has announced the appointment of Nicola Keen as Operating Principal.

Private equity firm Palatine has announced a raft of promotions reflecting the team’s contribution over the past 12 months, which saw record levels of investment and exit activity.

Sanctus, one of the first organisations in the UK to offer proactive mental health support through 1-2-1 coaching for employees in the workplace, has closed a £4.25m investment round led by Scale Up Capital, and advised by the team at PWC Ventures. Launched in 2016 by James Routledge, Sanctus was born out of a desire to normalise the conversation around mental health at work and make proactive support more readily available to UK employees. 

ProVerum Limited, an Irish medical device company developing a minimally invasive solution to treat benign prostatic hyperplasia (BPH) in the doctor's office, has closed a €30 million Series A equity financing co-led by Gilde Healthcare Partners and Lightstone Ventures, including participation from existing investors.

Myzone, the global manufacturer of wearable fitness tracking technology, has secured a 17.2 million dollar investment from BGF, the UK’s most active growth capital investor, alongside renowned tech entrepreneur Vin Murria OBE, who also joins as Non-Executive Chair.  

CONXAI, the first No Code AI Platform for the AEC industry, has raised €2.7m ($3m) in a pre-seed funding round co-led by Earlybird and Pi Labs, Europe’s most active proptech VC.  Other investors in the round include A/O PropTech and Argonautic Ventures.  The funding enables CONXAI to onboard new talents, scale adoption and broaden the platform’s capabilities.