Malvern-based D-RisQ, has secured £360,000 from the Midlands Engine Investment Fund (MEIF) Equity Finance Fund, managed by Birmingham venture capital firm Midven.

Maven Capital Partners, one of the UK’s most active private equity managers in the UK, has invested £2 million in MirrorWeb, a leading tech firm that enables organisations to capture, archive and monitor web-based content for digital oversight and regulatory compliance. The transaction has been funded by Maven’s managed VCTs and represents Maven’s tenth VCT investment in 2020.

Manchester-based MirrorWeb has developed a cloud-based SaaS platform that helps organisations create accurate and immutable records of online communications, ensuring they meet compliance obligations and information of cultural or historical value is never lost.

Europe’s tech sector is worth four times what it was five years ago as the leading generation of companies and founders give back to the next wave of ambitious tech firms – signalling the start of a golden age of European tech entrepreneurship - says a new report from Dealroom.

British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has committed an additional £25m to Assetz Capital, the property-focused marketplace lender, in a boost to UK housebuilders and SMEs.

Alternative fund manager, Frontier Development Capital (FDC), has announced the first close of its latest fund, the FDC Debt Fund (FDC Debt LP). The £100 million debt fund achieved a first close of £75m and will be announcing its first deals within the coming weeks.

Over the last few years, cutting-edge technology, a globalised market and changes to the supply chain have radically transformed the shipping industry. The interest Flagship Founders has garnered since it was founded this May reflects the increasing number of market players looking for innovative technologies. 

Private equity firm Grafton Capital has invested £7 million into Third Financial, the fast growing, innovative investment platform and software provider.

Grafton Capital’s investment takes it to majority ownership of the business, with £1.5m of fresh capital being injected onto the balance sheet. The deal follows previous investment rounds in 2015 (£2.5m), 2016 (£1.5m) and 2019 (£1.25m) to support the expansion of Third Financial’s infrastructure and outsourcing platform, which sits behind many of the UK’s leading wealth managers, IFA networks, family offices and disruptive fintech firms. This next phase will see a focus on accelerating the growth of the platform while meeting the evolving demands of the market.

Pembroke VCT has made an initial investment of £2 million into Eave, a UK-based tech start-up which has developed a unique hearing protection system for construction workers.

Mo, a london based SaaS company, has secured £3 million investment led by Calculus Capital, alonside continued support from the Northern VCTs managed by Mercia Fund Management, which first invested in  in 2018.

The London based company provides a SaaS (software as a service) platform to help organisations improve their culture, connect their people and improve employee engagement. Mo’s core product, ‘Moments’, captures moments of appreciation, recognition, inspiration, success, connection and more. The platform provides the means to distribute monetary and non-monetary rewards, nominate employees for awards and collect and vote on ideas to improve the company.

Bowmark Capital, the mid-market private equity firm, has backed the buy-out of Totalmobile, the UK’s leading independent Field Service Management software provider.

A new report released by BGF and academic Sir Anthony Seldon calls for urgent action to recapitalise 21,000 businesses – the UK’s growth economy companies. According to the report, backed up by data from PwC, there is a persistent shortfall in growth funding, which has a profound impact on the long-term prospects of the UK economy. This ‘growth economy gap’ is made worse by the UK’s regional disparities and there is a risk the Covid-19 crisis will turn this gap into a chasm.

PALATINE Private Equity has completed the sixth investment from its Impact Fund, with the acquisition of a stake in a fast-growing training company which helps individuals return to employment and develop new skills.