Hylo, an athletic footwear startup based in the UK, has raised GBP2.5 million in a Series A round led by Eka Ventures. Redrice Ventures and angel investors including Patrick Bamford, the Leeds United and England footballer, also participated.   Hylo uses materials science to create running shoes that deliver high

Connection Capital, a specialist private client alternative investment business, has exchanged on the sale of multiple award-winning UK online temporary insurance platform Tempcover to RVU, owner of Uswitch, Confused.com and Money.co.uk. The sale (subject to Financial Conduct Authority regulatory clearance) will deliver a highly-profitable gross return of >5x money to

Icelandic technology provider Dohop has raised an undisclosed additional growth equity round from Scottish Equity Partners (SEP). This investment will enable Dohop to further accelerate growth and develop its innovative virtual interlining offering, allowing airlines and scheduled transport providers to sell complex itineraries without the need for codesharing or traditional

Pembroke VCT, a venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has sold its investment in ME+EM – the British direct-to-consumer fashion brand – achieving a return of 16x its original investment. ME+EM is Pembroke’s third successful exit in the space of fourteen months,

Genetics, a healthtech start-up co-founded by three University of Cambridge genomics postgraduates, has raised USD11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several angel investors. These include Paul Forster, a co-founder and former CEO of Indeed, Paul Wicks,

Intermediate Capital Group (ICG), a global alternative asset manager, has completed fundraising for its debut Infrastructure fund, ICG Infrastructure Equity 1 (ICG Infra), with total commitments of EUR1.5 billion, surpassing its target of EUR1 billion due to strong demand from a global client base. The Fund attracted commitments from over

Gresham House Ventures, a growth equity investor specialising in software and digitally driven businesses in the consumer, healthcare and services sectors, has invested GBP5 million in retailtech specialist Proximity Insight (PI). Using the PI app, retail teams can instantly get to know each customer through their profile, displaying their preferences,

OnePlanetCapital has invested in eco-friendly e-Bike conversion kit company Swytch through its flagship Environmental EIS Fund. Swytch has raised a total of GBP3.1 million at a GBP35 million pre money valuation.   The OnePlanetCapital EIS fund focuses on companies and projects that will genuinely benefit the environmental prospects of the

Ørsted has signed an agreement to divest a 50 per cent ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Hornsea 2 is currently under construction and will become

Main Capital Partners (Main) has launched an international software group that specialises in solutions for Governance, Risk and Compliance (GRC) processes. This strategic development comes after the acquisition of a majority stake in Swedish Blika Solutions (Blika) and the immediate addition of audimex in Germany as its first add-on portfolio