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Intelligence

Distributed Ventures leads Armadillo’s $3.5m seed round

Distributed Ventures, a Seed to Series B venture fund, is leading Armadillo’s $3.5 million Seed round. Armadillo is a tech-driven home warranty company whose digital platform provides affordable, subscription-based protection for home appliances and systems when they break down. The investment aligns with Distributed Ventures’ focus on companies transforming the

Copley Equity Partners invests in AuctionIQ

Copley Equity Partners, a private investment firm focused on providing capital and resources to middle market companies with strong growth opportunities, has invested in AuctionIQ (AIQ), technology-enabled cost management and profitability. Terms of the transaction have not been disclosed. The investment by Copley will enable AIQ to accelerate its growth

Volvo Cars Tech Fund makes StoreDot investment

Volvo Cars, through the Volvo Cars Tech Fund, has made a strategic investment in StoreDot, a specialist in extreme fast charging technologies for electric vehicles. StoreDot is on track to begin mass producing its ‘100in5’ cells as early as 2024, achieving 100 miles of charge in just five minutes. The

Swander Pace Capital-backed Patriot Pickle acquires Farm Ridge Foods

Patriot Pickle, a Swander Pace Capital portfolio company that manufactures and distributes fresh, high-quality pickles across the United States to restaurant chains, supermarkets, and delis, has acquired the pickle assets of Farm Ridge Foods. Farm Ridge Foods distributes pickled products into the retail channel under its own name, as well

Seraphim Space portfolio company D-Orbit signs deal with Beyond Gravity

D-Orbit, a space logistics and orbital transportation company backed by Seraphim Space, has signed a subcontract with space company Beyond Gravity, for the delivery of lightweight carbon fibre-reinforced polymer (CFRP) tools and metallic structural components for the European Space Agency’s Space Rider reusable space vehicle. The financial terms of the

Nexa Equity makes $75m growth investment in HomeTown Ticketing

HomeTown Ticketing, a provider of digital ticketing and event software to schools, districts, conferences, and associations, has secured a $75 million growth investment from Nexa Equity, a private equity firm focused on scaling lower middle market software and fintech businesses. The capital will enable HomeTown Ticketing to launch new product

Main Capital Partners sells OBI4wan to Spotler Group

Software investor Main Capital Partners (Main) has sold OBI4wan to Spotler Group. OBI4wan is a Dutch omnichannel customer service and marketing SaaS solution to bring webcare, intelligent live chat, chatbots, messaging, social engagement, and media monitoring to their growing marketing technology and services portfolio. Founded in 2011, OBI4wan is the

HPE Growth adds two to investment team

HPE Growth, a pan-European growth equity firm has appointed two new members to its investment team as it continues its development – Wijnand Bekker, Associate, and Laura Kone, Analyst. As an Associate with a focus on Venture Capital, Bekker will bring expertise in venture investing to HPE Growth’s strategy. Bekker

Ara Partners promotes two

Ara Partners (Ara), a private equity firm that specializes in industrial decarbonisation investments, has promoted Katy Boettcher to Principal and hired Ken Nguyen as a Senior Associate. Boettcher joined Ara as a Vice President in September 2020 and has been instrumental in investment underwriting, transaction execution, and portfolio management. She

Blackfinch Ventures invests in Measure Protocol

Measure Protocol, a UK scale-up that offers a new way to access consumer behavioural data at a scale, has secured funding to allow it to continue the development of its technology and to scale-up its marketing and sales efforts. The total investment came from a range of sources, including Blackfinch

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