Market-disruptive property lender Blend Network (Blend) has secured GBP10 million in funding in its latest investment round, which was led by emerging VC investor Nico Paraskevas, a former senior executive at Glencore. The funding round was capped at this level following an oversubscription.  Existing investors, who also participated in this

Umazi, a due diligence platform automating enterprise identity verification, has secured a USD1 million investment from Innovate UK and other angel investors, as it announces a spate of high-profile partnerships with Artesian:DueDil and ComplyAdvantage to simplify their due diligence systems. The USD1 million pre-seed investment which involved angel investors across

Vitesse PSP (Vitesse), a global payment, liquidity and treasury management platform, has raised USD26 million in a Series B funding led by Prime Ventures. The round also includes investments from Octopus Ventures – one of Europe’s largest and most active venture capital investors – who led the 2020 Series A

UK space firm, Satellite Vu – one of Seraphim Space’s lead portfolio companies – has signed a launch deal with Elon Musk’s aerospace company, SpaceX, to launch the world’s highest resolution thermal imaging satellite in early 2023. Satellite Vu will be part of a rideshare launch on one of SpaceX’s

Onex Renewables (Onex), low-carbon subsidiary of privately led infrastructure investment group Onex Holding, has confirmed the closing of a 221MW Portuguese wind portfolio transaction. Onex has appointed Exus Management Partners (Exus), leading experts in powering sustainable investments through operational excellence – across a 9GW global portfolio – to deliver expert support and

O’Melveny has represented Earnipay, a fintech company that provides flexible and on-demand salary access to income-earners in Africa, in a USD4 million in a Series Seed Preferred Financing led by early-stage venture capital firm Canaan.

Multi-disciplined engineering company, WHP Engineering, has secured a GBP2 million facility from Secure Trust Bank Commercial Finance to support growth, following a surge in demand as a result of the pandemic. Gateshead-based WHP is a specialist in the supply of design and build services for cleanrooms, clean manufacturing solutions and

Pan-European private equity firm Silverfleet Capital has agreed to sell Pumpenfabrik Wangen (Wangen), a designer and manufacturer of progressive cavity and twin-screw pumps, to Atlas Copco Group. Completion of the transaction is subject to customary anti-trust approvals and is expected to occur in Q1 or Q2 2022.  The terms of

Econergy Renewable Energy, an investor, developer and operator in renewable energy projects across Europe, has agreed separate joint ventures with Phoenix Insurance and RGreen Invest totalling over EUR200 million to support the construction of part of its pipeline of projects in Romania and Poland. Phoenix Insurance, the largest insurance company