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Deals

Low Carbon Innovation Fund 2 invests in Ablatus Therapeutics

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has invested in Ablatus Therapeutics for the Low Carbon Innovation Fund 2 (LCIF2). The investment of GBP85,000 is part of an overall round which could reach GBP1.5 million. Ablatus Therapeutics is developing Bimodal Electric Tissue Ablation (BETA), an innovative

Fitness app

Acrew Capital leads USD29.5m round into Paceline

Acrew Capital and Mubadala Capital have invested USD29.5 million in a Series A financing round for San Francisco-based health and wellness platform Paceline, which rewards its users for exercising with financial incentives.  The round was led by Acrew Capital, with participation from Mubadala Capital along with existing investors, and the firms will aim

Floward secures GBP19.8m in Series B funding round let by STV

Online flowers and gifts delivery specialist Floward has raised GBP19.8 million (USD27.5 million) in a Series B funding round led by STV with participation from Impact46. Established in 2017 by Founder and CEO Abdulaziz B Al Loughani, Floward is a fully-fledged e-commerce solution that offers prime fresh-cut flowers coupled with gifts

Zouk Capital backs on-sreet EV charging company char.gy

Zouk Capital has made a GBP6.4 million investment into char.gy, an on-street EV charge point operator and eMSP (eMobility Service Provider), which is rolling out on-street residential electric vehicle charging points in the UK. char.gy was launched in 2016 with the goal of solving residential electric vehicle charging for people

YFM supports fast-growing disruptive global video agency Wooshii

UK-based agency Wooshii, which provides video content and software tools for blue-chip companies around the world, has secured additional investment from YFM Equity Partners’ (YFM) managed funds to support its continued growth trajectory and further technology investment. Founded by CEO, Fergus Dyer-Smith, over the last 10 years, Wooshii has reinvented

Plant-based meat brand THIS secures GBP11m in Series A funding round

Plant-based meat brand THIS has secured GBP11 million in a Series A investment co-led by BGF, and Lever VC.  THIS has also grown at a record-breaking rate of 530 per cent (April ’21 vs ‘20). Having only launched two years ago, this is one of the highest ever growth rates

Perwyn Growth Capital leads EUR10m funding round in Secret Sales

Perwyn, a family-backed private equity and growth capital investor, is pleased to have led a EUR10 million Series A funding round in Secret Sales, a premium ecommerce marketplace for fashion, footwear, accessories, beauty and homeware.  Secret Sales’ revolutionary new business model is disrupting the discount sector and ingeniously solving excess

Investcorp acquires CloudCare

Investcorp, a global provider and manager of alternative investment products, has acquired CloudCare. Terms of the transaction have not been disclosed. Established in 2011 and headquartered in Rome, Italy, CloudCare is a tech-enabled platform active in the energy, telecommunications and insurance markets where it operates as a channel partner and

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