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BGF leads GBP7m investment round in Phico Therapeutics

Cambridge based biotechnology company, Phico Therapeutics (Phico), has received GBP7 million in funding from a consortium of investors. BGF, the UK and Ireland’s most active growth capital investor, led the round with a GBP3 million investment, while a further GBP4 million was received from existing backers. Founded in 2000 by

Waterland-backed imc group partners with Pulsar Health

Pulsar Health is joining imc group with the full support of pan-European investor Waterland Private Equity.  Located in Cheadle, North West England, Pulsar Health’s ethos and expertise prioritise a ‘one team’ approach to meet clients’ scientific and marketing objectives, making the company a natural partner for imc group.  The partnership

MIG portfolio company AMSilk completes EUR29 million financing round

MIG Verwaltungs AG (MIG AG), one of the leading German venture capital firms, has participated in the EUR29 million series C financing of AMSilk GmbH, Munich. MIG has backed AMSilk since 2008 with capital from several of its funds.  In addition to the continued support from seed investors MIG and

Delivery Hero-backed DX Ventures invests in Bluu Biosciences

Delivery Hero-backed DX Ventures has invested in Bluu Biosciences as part of the company’s seed funding round.  Bluu Biosciences is the first company in Europe to specialise in the development and production of cell-based fish using advanced biotechnology. Cell-based or cultivated fish is sustainable fish meat produced from real fish

Cavendish advises on Xexec’s sale to Castik Capital and Abry Partners

finncap Cavendish (Cavendish), part of financial advisory firm, finnCap Group, has has advised on the sale of a majority stake in Xexec Ltd (Xexec), an employee engagement tech firm, to funds advised by Castik Capital (Castik) and Boston-based private equity firm, Abry Partners (Abry). Headquartered in London, Xexec is an

Bluewater launches Global Energy Storage

Global Energy Storage (GES) has launched, with the intention of investing USD250 million, with the backing of private equity firm Bluewater, in energy transition. GES has been set up by the management team from Global Petro Storage (GPS), the leading independent hydrocarbon storage and logistics company. The team will build

Scottish Equity Partners invests in FundApps

Scottish Equity Partners (SEP) has completed a significant growth equity investment in regulatory technology (regtech) company FundApps. As a Compliance-as-a-Service (CaaS) business, FundApps addresses the way investment managers deal with the regulatory burden by combining cloud technology, regulatory expertise, market data and the unique FundApps Community. Previously, compliance managers were

Riverside and Norgate Holdings to sell Bentley Laboratories

The Riverside Company, a global private investor focused on the smaller end of the middle market, and Norgate Holdings have signed a definitive agreement with THG PLC (THG) to sell Bentley Laboratories LLC (Bentley), an developer and manufacturer of prestige skincare and haircare products.  UK-based THG is a proprietary technology

Polaris acquires 51 per cent stake in e-commerce operator Stronger

Polaris has acquired 51 per cent of the fast-growing e-commerce operator, Stronger, a Sweden-based lifestyle brand making activewear for customers in over 100 countries.  Through this partnership, Polaris will now join Stronger’s founders and leadership team, to support the company’s continued growth journey. Since its inception in 2014, Stronger has

Pelican Ventures launches Tango Speciality

Private investment firm Pelican Ventures has launched Tango Specialty, a modern, commercial lines managing general agency (MGA), and appointed Greg Wolyniec as President and CEO.  Tango Specialty will establish several sizeable programs with leading underwriting expertise supported with insurance capacity partnerships that will serve the complex needs of select specialty

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