PE Tech Report


Atlantic Bridge leads USD44m Series C funding into AttackIQ

AttackIQ, the independent vendor of Breach and Attack Simulation (BAS) systems, has completed a USD44 million Series C funding round led by Atlantic Bridge. Saudi Aramco Energy Ventures (SAEV) and Gaingels also joined existing investors Index Ventures, Khosla Ventures, Salesforce Ventures, and Telstra Ventures, bringing the total funding to approximately

Growth Lending provides GBP750k investment to AKD Facilities Management

AKD Facilities Management will use a revolving credit facility from the alternative finance provider Growth Lending to strengthen cash flow and fund new projects, following an increased demand for its services.  AKD Facilities Management, a provider of security staff and guarding services to the retail, corporate, healthcare and public sectors,

QV Bioelectronics raises GBP735k for development of new cancer treatment

QV Bioelectronics (QV) – a medical device start-up pioneering a first of its kind electric field therapy implant for the treatment of the most common and aggressive type of brain tumours, has closed a GBP735,000 seed funding round to advance the development of its innovative GRACE implant.   The round

Carlyle partners with Inova in EUR60m deal

Global investment firm Carlyle (and Inova, a software provider for the biopharma industry, have announced a long-term funding partnership to accelerate growth, fund product innovation and M&A initiatives.  Carlyle is investing EUR60 million and will become Inova’s largest shareholder under the deal, while Management and historic investor NextStage AM have

Isorg raises EUR16 million in series C financing

Isorg, a pioneer in Organic Photodetectors (OPDs) and large-area image sensors, today announces a capital increase of EUR16 million in series C financing.  Two major industrial investors, Sumitomo Chemical Co Ltd and Mitsubishi Corporation, participated in the round. Greece-based Integrated Systems Development SA and five new French investors represented by

Rest Less secures GBP6.1m in Series A Funding Round

Rest Less, a digital platform for the over 50s, has raised GBP6.1 million (USD8.5 million) to further expand its services for its members. The funding round was led by venture capital firms MTech Capital and Viola FinTech with further participation from existing investors, QED Investors and Octopus Ventures. Viola FinTech

VCM Global Asset Management Invests USD30m in MillTechFX

VCM Global Asset Management (VCM) has made a USD30 million investment in MillTechFX, the fintech arm of the Millennium Global Group, to accelerate disruption of the world’s USD6 trillion a day Forex market. VCM is buying a significant stake after its private equity arm found itself paying steep FX transaction

EIS secures growth investment of more than USD100m from TPG

EIS, a core and digital platform provider for insurers, has secured a growth investment of more than USD100 million from TPG, a global alternative asset firm.  TPG is investing out of TPG Tech Adjacencies (TTAD), its fund focused on flexible capital solutions for the technology industry. The new funding will

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


24 October, 2024 – 8:30 am

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