cheqd – a start-up providing technology that could drive widespread uptake of digital IDs – has secured a USD2.6 million (GBP1.9 million) investment to support the launch of its product later this year. The latest funding round was backed by Outlier Ventures, Evernym, TitanBlock, Torque, 3GR and a consortium of
Book Salon, a Finnish payment and booking service provider specialising in hair, beauty, and wellness companies, has closed a EUR1 million funding round led by Big Bets VC. Sontek Ventures and well-known business angel Lennu Keinänen also participated in the round. The funding will be used to further expand its
Global Technical Group (GTS), a Romanian developer of software for the security industry, backed by Abris Capital Partners (Abris), has acquired Lummetry.AI, a Romanian artificial intelligence business. The transaction will further strengthen GTS’s position as a market leader in software solutions for physical security automation. GTS was founded in
AMP Capital’s Global Infrastructure Equity team has created a new company focused on acquiring and aggregating telecom site leases globally, in partnership with Eric Overman.
Sunamp, a thermal storage technologies company, has secured a GBP6 million (USD8.3 million) convertible loan note investment from the Scottish National Investment Bank. Sunamp will use these funds to increase its sales in the UK, scale up production, and to accelerate international expansion into China, the Americas and continental Europe.
Odyssey Energy Solutions has acquired the German remote monitoring and control technology company, Ferntech. Emily McAteer, CEO and Co-Founder, Odyssey, says: “We’re delighted about the acquisition of Ferntech and the opportunity it presents to expand the toolkit we offer our clients and users. We’ve successfully worked with the Ferntech team
Mirakl, an enterprise marketplace SaaS platform, has raised USD555 million in a Series E funding round led by Silver Lake, with participation from long-term investors 83North, Elaia Partners, Felix Capital, and Permira. The new funding increases the company’s valuation to more than USD3.5 billion. Mirakl’s valuation has more than doubled
Private equity investment firm Growthdeck has closed a GBP570k fundraise for Soho Street Cocktails, the ready-made premium cocktail maker.
LightEdge, a provider of colocation, cloud and managed service solutions, has acquired Cavern Technologies, an enterprise-grade data centre provider in Kansas City. Cavern Technologies was founded in 2007 as the area’s first colocation data center and is Kansas City’s largest colocation provider today. The natural limestone environment of Cavern’s underground
Graycliff Partners has completed the acquisition of Electro-Mechanical Corporation (EMC), a manufacturer of engineered electrical equipment sold into utility and industrial end markets. Based in Bristol, Virgina and founded in 1958 by Frank Leonard, EMC manufactures medium voltage electric equipment, primarily switchgears, transformers and custom systems that serve as critical
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