Healios, the digital therapy company for mental health, has raised £2.2m ($3m) in its latest funding round, led by investors Albion Capital and Spice Capital.

Telemos Capital, an evergreen investment company, has completed its acquisition of a majority stake in Lovehoney, a leading online retailer of sexual happiness products.

InvestCloud Inc., a global FinTech firm, has announced a strategic acquisition of London-based rplan Limited. The value of the deal is $20 million.

Farmdrop has closed a £10 million Series B investment, at roughly five times the share price of the 2014 Crowdcube round, in which the company raised just under £750k from 352 investors.  FarmDrop is an award-winning ethical online marketplace working with local producers to fix the food chain. By cutting out middlemen, producers receive a  much more generous price than supermarkets would offer, and customers receive farm-fresh produce to their door.

Rcapital, the private equity firm, has completed a hat-trick of deals across its investment portfolio.  This includes the sale of Cluttons’ Middle East business based in Dubai to Savills.  

Catalan biomedical companies attracted €102 million in investment in 2017, with €3.4 million per operation, on average. This will allow them to push forward in the development of drugs and innovative medical technology, as reflected in the Study on investment in the Biomedical industry in Catalonia: Achievements and future challenges presented today by CataloniaBio & HealthTech and EY  in Barcelona. The event drew a crowd of more than 60 entrepreneurs, investors and professionals from the sector.

Senior UK figures will join their counterparts from India for high-level engagements and celebrations of the bond between the two countries 

Maven Capital Partners has led the £2.7 million investment in intranet software specialists Orchidsoft Limited.

A total of £2.2 million has been provided by Maven funds, which includes a £700,000 investment from the Finance Durham Fund, in addition to a £500,000 follow-on investment from existing backers Northstar Ventures, from the recently launched North East Fund supported by the European Regional Development Fund.

The funding will enable the business to expand its sales and marketing efforts across the UK and US and to grow its team of 45 employees to over 100 by 2022. The Finance Durham Fund was established by Durham County Council and overseen by Business Durham, the economic development organisation for County Durham.

Mubadala Investment Company of Abu Dhabi, is to create a $400 million fund to invest in leading European technology companies. The fund will be managed by Mubadala Ventures, the venture capital arm of Mubadala. SoftBank Group will participate as a strategic investor via its SIMI US Holdings I, Inc.investment subsidiary. The fund will target founder-led, high growth technology companies with global scale and impact.

Carpe is a new, all-inclusive car subscription service offering customers hassle-free access to brand new Jaguar and Land Rover vehicles.

Oxford Space Systems (OSS) is today announcing it has secured £6.7 million in funding from a syndicate of investors including IQ Capital, Longwall Ventures, Foresight Williams, OTIF, Midven and Wren. The current round, led by Longwall Ventures, brings the total amount raised in external funding to £10m since OSS’ launch in late 2013.

The recent investment makes OSS the most highly funded UK start-up, upstream space technology business.^[1] The funding will enable the accelerated development of OSS’s technology – pioneering the 

Healthy food retailer MuscleFood.com, which is backed by BGF Ventures, has been crowned specialist online food retailer of the year at The Grocer Gold Awards.

The company beat off tough competition from other household names to scoop the accolade. The annual awards celebrate success across the £200 billion-pound grocery sector with entrants from the big multinationals, independent retailers, start-ups and industry disruptors.