Wonder Robotics, a technology company specialising in the autonomous flight and landing of commercial drones, has closed a $4 million fundraising round led by Elron Ventures, in conjunction with Besadno Investment Group. The funds will be used to scale up operation and marketing efforts, while developing technology for additional applications.

Asset Class, a financial technology (fintech) company headquartered in Dublin with offices in New York and London, has completed a $11.6 million Series A funding round, led by fintech-focused venture capital firm Canapi Ventures. New and existing investors, including Live Oak Ventures, Plexus Capital and Total Technology Ventures also participated

Private equity firm Apollo Global Management and the credit arm of Blackstone Group are looking to sell Canada-based oil and gas producer Ridgeback Resources for CAD1 billion, according to a report by Reuters. The two private equity investors have reportedly appointed two unnamed investment banks to mange the sale which

MidOcean Partners, a premier middle market private equity firm focused on the business services and consumer sectors, has acquired Pragmatic Institute (Pragmatic) from Renovus Capital Partners and other investors. Founded in 1993, Pragmatic has become one of the world’s largest and most-respected product management training companies. Over the past 30

Kadmos, an end-to-end salary payments platform for cross-border employers, has raised €29 million in a Series A funding round led by Blossom Capital. The investment round, which follows an €8.3 million seed round in December, also included existing investors Addition and Atlantic Labs. This new financing will be used for

Leeds-based independent games studio and virtual reality (VR) developer XR Games has secured £5.9 million ($7m) investment, in a round led by existing investors act media ventures, Praetura Ventures and Maven. This investment will support XR Games’ expansion as it moves to a brand-new studio in the centre of Leeds

Pexapark, a specialist in software and advisory services for renewable energy sales, has raised an additional €8 million in second round of Series B funding. This round began in late 2021, and brings Pexapark’s total Series B funding to €14 million, and its total equity investment to €19 million, accelerating

Maven Capital Partners’ (Maven) Maven VCTs have committed £4 million of investment to Novatus Advisory Limited (Novatus). London headquartered Novatus provides specialised advice to financial services firms to support them in complying with their regulatory obligations, including risk, compliance and ESG programmes. Key to this is Novatus’ RegTech division which

ID-Pal, a global identity verification provider, has secured €7 million (£6 million) in a Series A funding round led by Inspire Investments to further fuel expansion into international markets. The round was led by Inspire Investments with confidence shared by Act Venture Capital who have now participated in ID-Pal’s last

3i Group (3i) is to invest in VakantieDiscounter, a technology-enabled online travel agency in the Benelux focused on affordable holidays.