Innovation scale-up Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital. Wazoku works with global enterprises such as NASA, Enel, HSBC, Shell and more to help them innovate at scale. It will use

Industry Services Co (ISC), a provider of refractory and industrial maintenance services and a portfolio company of Osceola Capital, has acquired Lonestar Sierra Industrial Services.   This is the fifth acquisition ISC has completed in the past two years.    Lonestar Sierra is a refractory solutions provider specializing in refractory

Raiven Capital, a global early-stage tech venture fund, has invested in Wayout, an IoT-enabled, water purification system that can turn all kinds of source water, even seawater, into drinkable water. Wayout is Raiven’s second European investment. Founded in 2018 in Stockholm, the company’s container-sized, tech-enabled system is essentially a powered

Tikehau Capital has acquired a minority stake in Probe Test Solution Limited (PTSL), a semiconductor probe card manufacturer. The $30m investment, has been made via Tikehau’s pan-European growth impact private equity strategy and will support the company in its next phase of growth and development. Probe Test Solutions Limited designs

Eagle Merchant Partners, a private equity firm focused on lower middle market businesses, has invested in Puget Collision, which has 19 collision repair shops operating in the CARSTAR and Fix Auto franchise systems. 

DPE Deutsche Private Equity (DPE), a growth investor in the DACH region, has closed the DPE Continuation Fund I (DPE CF I) at cEUR 708 million. DPE CF I was formed to invest in Eraneos Group (Eraneos) and valantic Group (valantic) – two investments acquired by funds managed by DPE

Brandon Capital, an Australasian life science venture capital firm, has co-led a $68 million series A financing of Pheon Therapeutics (Pheon). Other leading life sciences investors Forbion and Atlas Venture co-led the round, with participation from seed investor Research Corporation Technologies (RCT). Jonathan Tobin, Partner and head of Brandon Capital’s

Private equity firm Trive Capital, along with strategic operating partner, SideKick Operators, has formed OWL Services (OWL), a sales, installation, programme management, and service provider to petroleum and clean energy companies across North America. The Company is the result of the recent acquisition of seven businesses including, WildcoPES, CBE, Crompco,

Pembroke VCT plc, a venture capital trust focused on backing early-stage businesses led by founders and management teams, has invested £2.5 million in ethical glasses company Bloobloom as part of a £3.7 million fundraise. Investing alongside Pembroke VCT are DMG Ventures and several angel investors.  Established in 2018 by brothers Abbas

Babcock International has signed a legally binding agreement with UK-based investment firm, Inspirit Capital to divest part of its Civil Training business, a leading provider of apprenticeships and adult education in the UK.  The transaction is expected to complete later this calendar year once certain completion conditions have been satisfied,