GripAble, a London based start-up digitising upper limb rehabilitation from hospital to home, has close a GBP1.6 million pre-series A funding round. The new funding officially kicks off the company’s Series A fundraise which will close in Q3 2021. GripAble will use these initial funds to further scale its industry
Meatable, a cultivated meat startup, has closed a USD47 million Series A funding round, bringing the company’s total funding to USD60 million. Meatable finalised its first showcase product in 2020 and aims to use the new funds to advance small-scale production at the Biotech Campus Delft and to diversify its
European software investor Hg is to sell its investment in Trace One to Symphony Technology Group (STG), a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors. This proposed sale is subject to French Workers’ Council consultations and customary clearances. The
Private equity fund manager Capital D has become the first institutional investor in Qmee, acquiring a majority stake in the business. Headquartered in Reading, UK, Qmee is a data driven rewards and loyalty company that uses a sophisticated tech platform powered by machine learning and AI, to collect insights, data
Shamrock Capital, a Los Angeles-based investment firm, has made an investment in Learn on Demand Systems, a specialist provider of virtual labs used to power hands-on, experiential technology training. Terms of the transaction were not disclosed. Learn on Demand Systems provides cloud-based virtual lab environments to address a range of
nPlan, a company that uses machine learning to forecast the duration, risks and opportunities of construction projects, has secured an USD18.5 million investment round, led by GV (formerly Google Ventures).
Wabtec Corporation is to acquire Nordco, a North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and ultrasonic rail flaw detection technologies, from Greenbriar Equity Group LP. Through the acquisition, Wabtec will expand its installed base
Susquehanna Private Capital (SPC) has made an investment in Premium Service Brands (PSB), a leading Charlottesville, Virginia-based franchisor of multi-brand home services with a specialty in home improvement brands. Terms of the transaction have not been disclosed. Premium Service Brands partners with franchisees to provide comprehensive training, sophisticated technology,
An affiliate of private investment firm Sun Capital Partners (Sun Capital) is to sell StonePoint Ultimate Holding, and affiliated entities (StonePoint), to Arcosa, a provider of infrastructure-related products and solutions. StonePoint is a top-25 US aggregates company that provides crushed stone, sand and gravel to diverse end markets, including
Osceola Capital (Osceola), a lower middle-market private equity firm, has formed Revelation Pharma Corp to pursue investments and partnerships across the pharmacy compounding market in partnership with industry veteran Jacob Beckel. Concurrent with the formation of Revelation Pharma Corp (Revelation), the company has completed the acquisition of Pensacola, Florida-based Everwell
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