PE Tech Report

<GBP200m

Smart Recruit Online secures GBP630k MEIF investment

A company which has designed a software platform that helps businesses optimise online recruitment has raised GBP630,000 to support its growth plans. Smart Recruit Online secured the funding from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment

Oakley Capital invests in ICP Education

Oakley Capital’s Oakley Capital IV (Fund IV) is to invest in ICP Education Holding Limited (ICP Education), an independent group of UK nurseries.  Fund IV will invest alongside the management team, which is led by Executive Chairman Stephen Booty, CEO Dominic Harrison, and CFO Clare Wilson.   ICP Education is

Clir Renewables secures CAD27m in Series B funding round

Clir Renewables (Clir), a company dedicated to maximising project returns from renewable energy assets, has closed its CAD27 million Series B funding round, which was co-led by Longbow Capital Inc and ArcTern Ventures, and included Canada Pension Plan Investment Board (CPP Investments), BDC Capital, Active Impact Investments and Tokio Marine

Cleantech energy company eleXsys Energy raises GBP640,000 through Angel Investment Network

eleXsysEnergy has raised GBP640,000 through Angel Investment Network, an online angel investment platform.  eleXsys Energy has developed a unique, international award-winning, enabling technology that will drive the transition of global energy grids to a clean energy future. The eleXsys technology enables large commercial and industrial rooftops to become grid-connected, solar power

Printful achieves Unicorn Status with growth investment from Bregal Sagemount

Printful, an industry-leading print-on-demand drop shipping and fulfilment company has secured a USD130 million non-control investment from private equity firm Bregal Sagemount.  The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above USD1 billion. The new partnership will

Global investor Corinth Group invests USD100m in Morepen Laboratories

Global investment group Corinth Group has made a USD100 million investment in Morepen Group, Delhi (India), a 36-year-old, listed Indian pharmaceutical company with two USFDA approved facilities. At an Extraordinary General Meeting (EGM) held yesterday through video conferencing, the shareholders approved the direct investment of USD32.50 million in Morepen’s equity.

Cynerio raises USD30m in Series B funding

Cynerio, a provider of Healthcare IoT cybersecurity and asset management solutions, has secured USD30 million in a Series B funding round led by ALIVE Israel HealthTech Fund.  Existing investors, global VC Accelmed, RDC, Elron’s joint venture with Rafael, and Swiss-based growth investor, MTIP, also participated in the funding round. ALIVE

Legend Capital closes Healthcare Continuation Fund

Legend Capital has closed the LC Healthcare Continued Fund I, having raised USD270 million for a secondary transaction that involves healthcare portfolios of two older vintage funds.  The fund provides liquidity and helped to enhance returns for existing investors while maximising the value of the fund’s portfolio with new follow-on

Tech investment

BGF invests in video software firm Odro

Growth capital investor BGF has completed a GBP5.2 million investment in Odro, a Scottish-headquartered tech business that provides video interviewing and engagement software to the recruitment industry. BGF has acquired a minority stake in the business in order to help fund a global expansion plan that will see the company

Events

12 September, 2024 – 6:00 pm

Directory Listings