Process Mining software provider Minit has raised €7 million in a Series A funding round, led by Target Global, with participation from Salesforce Ventures and existing investors, Earlybird’s Digital East Fund and OTB Ventures. The funding will facilitate further product development and expansion into new markets, including the US.  Founded in 2017, Minit builds intuitive Process Mining software that gives its enterprise customers insight into complex processes - like order-to-cash, procure-to-pay, customer journey or service delivery – and more importantly how these can be improved.

Livingbridge has closed its Livingbridge Enterprise 3 fund with total capital commitments of £334m, an increase of 50% on its predecessor fund, Livingbridge Enterprise 2, a 2015 vintage fund.

Ingenious's Infrastructure Ventures EIS Service has invested in Winnow, the technology company behind Winnow Vision, the artificial intelligence tool helping chefs cut food waste in half, as it completes its series B round of funding at $12m. Other co-investors in this fund raising round include Ingka Investments, Mustard Seed, Circularity Capital, D-Ax in addition to Ingenious.  This follows a recent loan from The European Investment Bank (EIB) and in total means the firm has raised $20m in the last month, allowing it to focus on global markets.

ProFinda has received £1 million of funding from Nesta Impact Investments, the venture capital arm of one of the UK’s leading innovation foundations, to accelerate the deployment of its platform across the private, public and third sector, and increase social impact.

Unprecedented volumes of data and advances in AI are transforming the marketing services industry, according to a report released today by leading technology advisory and investment firm GP Bullhound. 

AI and the Services Revolution reveals that investments in marketing-related AI have grown steadily, with $2.5bn of investments in emerging companies in 2018 – and $1 billion invested in Q2 2019 alone. A total of $11bn has been invested in the sector since 2014.

MIME Technologies, a med-tech spin-out from the University of Aberdeen, has raised a combined £255,000 from first round investment and a Scottish Enterprise grant.

Designed to revolutionise the support given to cabin crew during in-flight medical events, MIME Technologies’ innovative product can monitor a passenger’s vital signs while communicating with clinicians on the ground.

The University of Warwick has received one of its largest donations from an individual to establish a new Fintech research centre.

The £3 million donation has been made by Clive Gillmore, founder and Group CEO of Mondrian Investment Partners and an alumnus of the University of Warwick.

The Gillmore Centre for Financial Technology will be housed at Warwick Business School and will bring together the school’s existing research in the area along with a host of new appointments.

YFM Equity Partners has backed a £4.5m investment into SharpCloud Software Limited to support the continued growth and roll out of its enterprise SaaS product. YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside YFM Equity Partners Growth II LP.

Idinvest Partners, a leading investor in SMEs across Europe, has appointed Sylviane Guyonnet, COO of Idinvest, and Eric Gallerne, Co-Head of Private Debt Strategy, as Managing Partners.

A wealth of local, national and global experts in innovation will come together in central Newcastle next month with the aim of inspiring over 800 businesses of all sizes as part of this year’s VentureFest North East.

As the region’s flagship innovation conference, the event provides cross-sector opportunities for collaboration, presenting local businesses with an opportunity to connect with like-minded organisations, learn about the latest trends in innovation and the chance to secure the funding they may need to grow or expand into new markets.

Triple Point has appointed Jennifer Ockwell as Partner and Head of Institutional Sales.

Technology company, Sennen, whose software increases the reliability and productivity achieved by renewable energy owners, has secured financial backing from investment firm Sustainable Accelerator in its first round of seed funding.

Experienced renewable energy business angels Colin Palmer and David Bunker are also investing in the business. Further investors will be announced soon with the total round expected to be nearly £400,000, double the initial target.