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Funds

Hydrogen engine developer Carnot seeking investment through Crowdcube

Carnot, the developer of a hydrogen combustion engine, has partnered with Crowdcube to launch an equity crowdfund campaign to fuel its production of a prototype. The company is seeking GBP170,000 to build and test a prototype by April 2021. Owing to its unique layout, Carnot’s technology offers a significant increase in

Parabellum Investments acquires IT services specialist The Column Group

Parabellum Investments, an international investment firm specialising in the mid- market, has acquired the India business of The Column Group a US-based privately-owned technology consulting, systems, and services provider it acquired with The Acacia Group earlier this year.Based in Pune, Column India has a workforce of around 180 people and

Clearlake Capital-backed Ivanti secures strategic investment from TA Associates

TA Associates, a global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in Ivanti, a provider of enterprise-grade intelligent IT management and security software solutions.TA will join existing investor Clearlake Capital Group, as institutional shareholders in Ivanti.   The funding will provide additional

LDC-backed Onecom acquires Glamorgan Telecom Group

Onecom, a UK-based independent business telecommunications provider backed by LDC and Ares Management Corporation, has acquired the Glamorgan Telecom Group for an undisclosed sum as part of an ambitious strategy designed to significantly expand the business over the next three years.The acquisition will see the multi-million-pound revenue Glamorgan Telecom Group

Edtech startup BibliU raises GBP500,000 with support from Angel Investment Network

Edtech startup BibliU has raised GBP500,000 as part of a Series A extension funding round, supported by Angel Investment Network (AIN), the world’s largest online angel investment platform. London-based BibliU is a digital education platform that provides students with digital access to their textbooks and libraries across all their devices. The

NorthEdge supports bolt-on acquisition for Catalis Group’s Testronic

Gaming quality assurance and testing firm Testronic, part of the Catalis Group, has acquired Whyttest, a games QA and customer support business headquartered in Romania – a move set to increase headcount by 15 per cent. Testronic provides services to the global games publishing and film and TV markets, including Quality

Corby care service to open new facility helping disabled adults with GBP200k MEIF loan

A Corby care service for adults with learning disabilities has secured a GBP200k loan from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners.The funding will enable BDC Healthcare & Education to purchase a new care facility in Northamptonshire while also creating several employment opportunities.  

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