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Intelligence

SC Ventures invests in OpenFin

OpenFin, the operating system (OS) of finance, has secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. The capital will accelerate new product development and brings OpenFin’s total funding to date to USD50 million. OpenFin’s web-based OS has become the

Upvest closes EUR12m Series A+ round with additional financing from Earlybird

Upvest, a Berlin-based startup offering the first plug-and-play pan-European securities API, has secured an additional EUR5 million in funding. The latest financing round was led by Earlybird and ensured the close of the Series A+. This additional funding follows an initial EUR7 million investment from Notion Capital, HV Capital and Partech.

Charterhouse Capital Partners invests in Lane Clark & Peacock

Charterhouse Capital Partners (Charterhouse) is to invest in Lane Clark & Peacock (LCP), a professional advisory firm specialising in pensions, investment consulting and insurance. Charterhouse is partnering with the Partner group of LCP to acquire the Inflexion minority stake. As part of the transaction, LCP’s Partners will also increase their stake

Creator Fund closes GBP1.5m fund to support student founders across the UK

Creator Fund, a university-focused venture capital fund making strides to unearth startup innovation within European universities, is now focussing on its next stage of support for student-led ventures following the close of a new GBP1.5million fund. Creator Fund has also secured further backing from Founders Factory and from Schmidt Futures, the

finnCap Group names Managing Partner of Cavendish Corporate Finance

finnCap Group has promoted John Farrugia to the position of Managing Partner at Cavendish Corporate Finance, following eight years as a Partner at the UK M&A advisory firm. Farrugia brings 20 years’ experience to the role, 13 of which have been spent at Cavendish, where he has built up an outstanding

Foster Chase makes two senior hires

Forster Chase a City-based corporate finance, business advisory and executive search firm, has appointed two new partners – Adam Harris and Francis Martin, CBE.Executive Chairman Benny Higgins says: “We are delighted that Francis and Adam have joined our business, bringing their leadership, foresight and experience to help our firm and

PE-backed geoLOGIC acquires SubsurfaceIO

geoLOGIC systems (geoLOGIC) has acquired DubsurfaceIO (SSIO), a digital technology provider of oil & gas cloud-based mapping & analytics solutions that connect and integrate public & proprietary data, enabling data access and workflows for users across different disciplines, domains, and teams.Based in Houston, Texas, SSIO’s modern and intuitive platform eliminates

Rally Ventures closes oversubscribed Fund IV at USD250m

Rally Ventures, a specialist in business technology investing, has closed Rally IV, a USD250 million fund which will invest in Seed and Series A companies bringing innovative approaches to enterprise technology. Areas of focus will include cloud infrastructure, fintech, SaaS+ and security.   Rally Ventures had oversubscribed demand for this fourth

Metropolitan Partners appoints new CFO

Metropolitan Partners Group (Metropolitan), a private credit fund manager based in New York that provides short-term, senior-secured, collateralised loans to small and mid-sized, non-sponsored businesses, has appointed Ed Giordano as Chief Financial Officer (CFO), replacing Eric Chasser who has taken on the new role of Chief Operating Officer at Metropolitan.Giordano

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