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Deals

Research startup Forestreet secures GBP2.5m in Series A funding from Guinness Ventures

Forestreet, a next generation research platform has secured a  GBP2.75 million capital investment from Guinness Ventures, advised by White Horse Capital. Forestreet has developed an automated research platform which can map every company and product in a market, down to feature level, on demand. The Forestreet AI engine processes millions

Fremman Capital-backed Palex acquires Italian MedTech distributor Gada

Palex, a distributor of high value-added MedTech equipment and solutions in Iberia, has announced today the bolt-on acquisition of Gada, a leading player in the Italian market. Since 2016, Palex has completed more than 12 bolt-on acquisitions. This is the second add-on since Fremman Capital acquired a majority stake in

Elliott-backed Chetwood Financial acquires tech business Yobota

UK digital bank Chetwood Financial (Chetwood) has extended its Banking-as-a-Service (BaaS) capabilities with the acquisition of core banking provider Yobota. Founded alongside the bank in 2016 and developed as a separate entity, Yobota is a London-based technology company that has built a fast, flexible, cloud-native core banking platform. The platform

Tarana Wireless raises USD170m at USD1bn valuation

Tarana Wireless has raised USD170 million at a USD1 billion valuation from preeminent venture and institutional investors to support their rapid growth. The round was co-led by Axon Capital, Khosla Ventures, and Prime Movers Lab.  Also participating were Michigan State Pension Fund, I Squared Capital, and two other large, industry-leading

Digital receipt app Slip secures GBP750k in pre-seed fundraise

London-based retailer agnostic mobile app Slip has secured GBP750k in a pre-seed fundraise ahead of its summer launch. Founded in 2021 by Tash Grossman and Eddy Herman, Slip aims tosimplify the retail experience for customers by allowing its users to receive digital receipts via QR codes, view and manage their

Main Capital-backed Paragin acquires mathematics software specialist SOWISO

Paragin, an education technology (EdTech) software company based in the Netherlands that provides solutions for the development of competency, knowledge and talent of students and professionals, is partnering with leading mathematics software specialist SOWISO. The collaboration is backed by software investor Main Capital Partners (Main). The combination of Paragin and

Mitek acquires UK-based HooYu in all cash GBP98m deal

Mitek, a leader in digital identity (ID) verification and fraud prevention, has acquired UK KYC (know your customer) technology specialist, HooYu. The acquisition helps to ensure businesses know the true identity of their customers by linking biometric verification with real-time bureau and sanction database checks. Through this acquisition, organisations gain

Elbow Beach Capital leads WASE seed round

Elbow Beach Capital, the decarbonisation, sustainability and social impact investor today announces its first investment, backing wastewater treatment and bioenergy company, WASE with an initial GBP400,000 investment, to be followed by a further GBP300,000, following closure of the oversubscribed Seedrs campaign. Receiving further support from the Science Angel Syndicate, and

MidOcean Credit makes senior-level promotions

MidOcean Partners (MidOcean), a New York-based alternative asset manager specialising in alternative credit investments and middle-market private equity, has made senior-level promotions in its credit business, including Robert (Tripp) Sullivan to the firm’s Investment Committee, Michael Levitin to Portfolio Manager, and Carol Chung, Adam Goldberg and Opal Leung to Principal.

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