PE Tech Report

<GBP200m

NSure.ai raises USD6.8m in seed fundraising round

nSure.ai, a predictive AI fraud protection company, focusing on the unique needs of digital goods retailers, has completed a successful seed fundraising round of USD6.8 million, led by DisruptiveAI, Phoenix Insurance, Kamet – an AXA backed venture builder, Moneta Seeds and private investors.    These funds will go towards further

Connection Capital clients invest GBP6.75m in MatOrtho

Private investor clients of Connection Capital, the specialist private client investment business, have invested GBP6.75 million in MatOrtho, to support its international growth and product development.  Founded in 2010, MatOrtho designs, manufactures and commercialises performance leading, orthopaedic implant devices. It is one of the UK’s most innovative orthopaedic device designers.

Novo Holdings acquires BBI Group

Novo Holdings A/S, a global life sciences investor, has acquired BBI Group (BBI), a supplier of products and services to the global diagnostics and life sciences industries, from Exponent for an enterprise value of over GBP400 million. Novo Holdings will be the majority shareholder of the company.   Founded in

General Atlantic leads USD100m investment in Fresha

Fresha, a beauty and wellness software platform, announced today a USD100 million Series C investment led by General Atlantic, a global growth equity firm, with strategic participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser of FMZ Ventures, former Chairman Investments

FTV Capital leads USD100m Series C investment in Embroker

Digital business insurance platform Embrokern has secured USD100 million in a Series C funding round was led by FTV Capital with additional investment from HSCM Bermuda and Gaingels and follow on from Tola Capital, Canaan Partners, Bee Partners, and MassMutual Ventures.  Embroker plans to utilise the new funding to expand

LemonEdge raises USD2.5m in fundraising round led by Sidekick Partners

London-based fintech LemonEdge (formerly LemonTree Software), has secured funding of USD2.5 million in a heavily oversubscribed fundraising round led by Sidekick Partners, a venture firm with deep ties to the North American private equity industry. Sidekick Partners is joined in this round by investors Tikhon Bernstam, founder of Parse and

NPIF invests GBP750k in Blueberry Therapeutics

NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF) has invested GBP750,000 in Blueberry Therapeutics Limited (Blueberry), a drug discovery and development company focused on developing innovative nanomedicines for difficult to treat skin and nail infections.   The funding

UK care group Curam launches Series A fundraising

Curam, a UK-wide carer platform that has set out to use technology to positively disrupt the UK’s GBP38 billion social care sector, has launched of its Series A round of fundraising. Since its launch in 2018, Curam has raised GBP3.6 million from high net worth and angel investors, and has

Greenleaf Power secures USD36.7m in financing from East West Bank

Greenleaf Power Consolidated LLC (Greenleaf), backed by Denham Capital, has secured USD36.7 million in project financing from East West Bank through its wholly-owned subsidiary Greenleaf Biomass Holdings LLC. This transaction marks one of the largest biomass power project financings in recent North American history.  This financing will be used to

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