Acceleris client, Vertical Future has completed  an additional £1.1 million of equity investment from Earthworm Group.

Keensight Capital, one of the leading private equity managers dedicated to pan-European Growth Buyout investments, has announced the completion of the sale of smartTrade, a global leader in multi-asset electronic solutions.

585 businesses across Wales have been awarded funding totalling £36 million by the Development Bank of Wales since the Covid-19 Wales Business Loan Scheme was launched on Monday 30 March.

Peak, the pioneer of the enterprise AI System, has completed a $12 million extended series A funding round led by existing investors MMC Ventures and Praetura Ventures. This fresh investment brings Peak’s total amount of funding to $18.5 million. Peak will use the incoming capital to support its rapid growth and commercial expansion and to ramp up investment in R&D.

Ingenious' Infrastructure Ventures EIS Service has led a $4m A-series investment round in Shoreline. The Norway-based start-up has built an intelligent field operations and project development platform to help develop profitable wind projects by constructing and operating them efficiently using intelligent schedule optimisation and simulation.

Rooted MilQ, a Reading based food and beverage company that is developing plant protein-based milk from quinoa and tarwi, has received investment from a member of Henley Business Angels.

The company, which started out as Kai Pacha Foods, started selling milk made with quinoa at organic retailers in Peru and is now launching in the UK. The company focuses on quinoa varieties that are in danger of extinction; by working with smallholder farmers who practice regenerative agriculture in mountain communities in Peru, they are able to harvest quinoa that protects agrobiodiversity, is resistant to climate change and is a source of planet friendly natural protein.

One Utility Bill – which simplifies utility billing for tenants, landlords and letting agents - has raised £1.7m to further develop its platform and expand its business.

The funding round was led by DSW Angels, the venture capital business of the Dow Schofield Watts group, and included existing investors the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures.

Foresight Group has successfully exited its investment in Clubhouse Golf, the UK’s largest independent online retailer of golf equipment, to all4golf, a leading European ecommerce business focused on golf.

Clubhouse has found a strong strategic partner in all4golf and together will look to become the pan-European market leader for golf equipment. 

British Business Investments Ltd, a commercial subsidiary of the British Business Bank, has announced a new commitment under its £100m Regional Angels Programme, committing £10m to Startup Funding Club Limited (SFC).

The commitment will be managed by SFC and invested alongside the SFC SEIS & EIS Funds as well as the SFC Angel Network. SFC intends to deploy the commitment in over 100 early stage businesses across the UK to deliver almost £30m of new funding for start-up and scale-up businesses across all sectors. 

Independent Growth Finance (IGF), a leading independent commercial finance provider, has appointed Paul Whitaker as chief risk and operating officer.

Shepherd, specialists in property performance management via data analytical and remote monitoring solutions, has secured follow-on funding.

New research from global communications agency ClearStory International has analysed the rapid surge in interest in the most popular tech trends across media since coronavirus first emerged.