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Medtech startup GyroGear raises USD4.3m in Phase One of Seed Round

UK-based neuromuscular medical device company, GyroGear Ltd has just concluded phase one of its seed round fundraise. The round was led by electronics manufacturer Foxconn Technology Group which invested GBP1 million (USD1.41 million) upfront.  Participants in GyroGear’s seed round include the UK Government Future Fund, Singapore venture builder Fidelium Group,

Calls for green infrastructure to qualify for EIS investment in upcoming March budget

The Chancellor should make green infrastructure projects eligible for the Enterprise Investment Scheme (EIS) in the upcoming March Budget, says Growthdeck, a private equity investment firm. Growthdeck believes that opening up EIS to green infrastructure projects again will help towards meeting the UK’s goal of bringing greenhouse gas emissions to

VGC Partners makes first investment from Technology Seed Fund IV

Growth capital investor VGC Partners has provided GBP150,000 funding to VozLab, the creator of a self-serve development platform for the next generation of flexible voice apps. This is the first investment that VGC Partners has made from its Technology Seed Fund IV. VozLab is also the first start-up to join

Trestle Partners closes Fund I with USD30m in capital

Trestle Partners (Trestle), a New York-based private investment firm that specialises in partnering with pre-Series A enterprise software entrepreneurs and founders, has completed fundraising for its inaugural fund, Trestle Partners I, reaching the hard cap of USD30 million. The Fund, which was raised over 12 months, will invest entirely in

Terminus secures USD90m in Series C round led by Great Hill Partners

Terminus, an account-based marketing platform, has raised USD90 million in a Series C round led by Boston-based Great Hill Partners, with participation from existing investors Atlanta Ventures, Edison Partners, and Hallett Capital to accelerate data products innovation, hiring and market expansion.  With the investment, Great Hill Partners’ Derek Schoettle and

GP Bullhound invests in wallapop

GP Bullhound has made a follow-on investment in wallapop, Spain’s leading classifieds marketplace app for unique and second-hand goods, as part of a Series G funding round of EUR157 million bringing the company’s valuation to EUR690 million.  The round is led by Korelya Capital and backed by NAVER, Korea’s leading

BGF exits investment in CHS Healthcare

BGF has exited its investment in CHS Healthcare, a provider of outsourced services for the NHS and social care, following its acquisition by Acacium Group (formerly known as Independent Clinical Services), a specialised healthcare solutions partner with its head office in London.

Nyobolt raises USD10m in Series A fundraise

Battery technology specialist Nyobolt has secured USD10 million in a Series A funding led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors.  The funding will enable Nyobolt to expand globally, building new facilities, and growing the engineering and operational teams, which work with customers to implement

Francisco Partners to acquire MyHeritage

Private equity investor Francisco Partners is to acquire family history specialist MyHeritage.Financial terms of the transaction have not been disclosed. Since 2003, MyHeritage has pioneered a new approach to discovering family history, making it easier and more accessible to millions of people around the world. Founder-led and fuelled by a

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