Labster, a platform for virtual labs and interactive science, has raised USD47 million in a funding round led by Sofia Group and Pirate Impact. Existing investors Owl Ventures, Andreessen Horowitz, EduCapital, NPF Technologies, and GGV Capital, also participated in the round. They are joining the Series C round announced in

Modulize, a collaborative software solution for offsite construction that optimises design, planning, and procurement, has raised a EUR1.9 million seed round led by KOMPAS. Pi Labs, Investinor, real estate developer Møller Eiendom, and Antler also participated in the round.  The funding will allow Modulize to develop its product and grow

Low Carbon Innovation Fund 2 (LCIF2) has invested in Adaptavate Limited as part of a capital raising round of over GBP1.3 million. Other investors include Counteract, One Planet Capital and Perivoli Innovations. The company has also secured a grant of over GBP800,000 from Innovate UK under its Transforming Foundation Industries

Lightyear Capital (Lightyear), a New York-based private equity firm focused on financial services, has appointed Maria Veltre as a Senior Advisor to Lightyear Fund V and its parallel investment vehicles (Lightyear Fund V). Veltre brings more than three decades of experience working in marketing, customer experience, digital platform development, pricing

LinkSquares, the company behind an AI-powered contract management platform, has raised USD100 million in a Series C financing lround ed by G Squared. New investor G2 Venture Partners as well as existing investors also participated in the round which brings the company’s total funding to USD161.5 million, at a current

Franklin Resources, a global investment management organisation operating as Franklin Templeton, has completed its acquisition of Lexington Partners (Lexington), a global manager of secondary private equity and co-investment funds. With this closing, Franklin Templeton has significantly expanded the breadth and scale of its alternative asset strategies with over USD200 billion

BGF has exited its investment in Virtual1, a London-based cloud and connectivity service provider, which it backed in 2017 with a GBP10 million investment, via a sale to TalkTalk Group. TalkTalk Group provides fibre, broadband, TV and landline services to over four million UK customers, and operates Britain’s biggest unbundled

European blockchain start-up Nous Systems has launched a seven-figure seed fund raise based on a EUR30 million valuation as it develops the world’s first decentralised investment platform, which will be launched later this year, allowing investors access to automated asset management services. Despite the proliferation in products and services offering

Spirant Group has secured GBP9.5 million in funding from the alternative lender BOOST&Co to support the business in its international expansion and ongoing growth. The investment will be used to develop the firm’s outsourcing strategy and legal-tech offering and is anticipated to provide a single funding solution across the entire

CVC Capital Partners VIII (CVC Fund VIII), has invested in Radwell International (Radwell), a global distributor of new and surplus industrial automation components. CVC Fund VIII is acquiring an interest in the company from founder & CEO Brian Radwell and Greenbriar Equity Group (Greenbriar), both of whom will remain significant