OpenDialog AI Ltd (OpenDialog AI), a newly launched company setting out to unlock the potential of conversational AI technology, has raised $5 million in its initial seed round of funding. The funding was secured in only four weeks, with an oversubscription of potential investors, indicative of a sector that is

Silversmith Capital Partners (Silversmith) has sold Market Access Transformation (MAT) to Genesis Research has closed. MAT’s co-founders, Baiju Aurora and Paul Howard, will continue to lead MAT as a wholly owned subsidiary and will remain shareholders. Silversmith served as MAT’s first institutional investor in November 2020 when it led a

Trill Impact has acquired a majority stake in Raksystems, a property well-being specialist in the Nordics. Raksystems offers building inspections and services both for consumer and business customers, green building services (certificates and energy/lifecycle planning), as well as related renovation and new construction projects.  The company supports over 16,000 customers

Björn Lundén, a Swedish accounting and financial administration software provider, has acquired Dutch accounting, financial administration and ERP software provider KING Software in a deal backed by European software investor Main Capital Partners (Main).

IK Partners’ (IK) IK IX Fund has signed an agreement to acquire MÜPRO Group (MÜPRO), a solutions provider and supplier for applications in pipe fixing technology.

Greyparrot, an AI startup using computer vision technology to monitor, analyse and sort tonnes of waste at scale, has closed a $11 million Series A funding round led by Una Terra. Closed Loop Partners, Unreasonable Collective and Speedinvest  also participated in the round.  The funding will be used to enable

Moove, a subsidiary of Brazilian business group Cosan and a producer and distributor of lubricants and base oils, has acquired PetroChoice Lubrication Solutions (PetroChoice) from Golden Gate Capital for $479 million. PetroChoice is one of the largest distributors and manufacturers of value-added lubricant solutions in the United States, delivering approximately

Private markets exchange ADDX has raised $58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the corporate venture capital arm

London-based investment firm RDCP Group (RDCP) has sold Mexican restaurant chain Chilango to Tortilla Mexican Grill PLC, the UK’s largest fast-casual Mexican restaurant brand. Established in 2007, Chilango is a Mexican quick service restaurant chain serving up burritos, fiery hotboxes, and spicy salads to its UK customers. RDCP Group acquired

Global alternative asset manager Castlelake has made a $150 million investment in Swedish specialty lender, IMH. The investment includes the acquisition of IMH’s existing loans and a financing facility for the origination of new loans.   IMH focuses on lending up to SEK50 million to small to medium-sized real estate