NexGen Cloud, a Web 3.0 focused IaaS company, has made a USD14 million investment in the development of Europe’s Largest decentralised storage project. This investment has enabled the development of two large-scale Filecoin storage operations located in Belgium and The Netherlands, featuring Tier III data centres across both sites. Over

TargED Biopharmaceuticals (TargED), a private biotechnology company focused on developing improved treatments for thrombotic diseases, has raised Series A financing of EUR39 million to accelerate development of its lead compound, Microlyse. The financing was led by an international syndicate with equal contributions from Andera Partners, Fund+, Hadean Ventures, Inkef Capital

Hambro Perks has completed an investment in Finnish industrial technology business Altum Technologies. Headquartered in Helsinki and founded in 2016, Altum has developed market-leading power ultrasound technology to clean fouling from industrial equipment without stopping production. Altum’s patented ZPD technology also minimises maintenance time, energy consumption and use of hazardous

Beaufort Capital and Pollen Street Capital have formed a strategic joint venture to improve access to finance for high quality real estate developers nationwide. The new lending partnership is expected to fund senior and stretched senior loans to support the development of much needed homes across the UK, as well

Planet Smart City, a London headquartered specialist in smart affordable housing, has launched a EUR60 million capital raise to accelerate the Group’s ambitious business plans. Since its establishment in 2015, Planet Smart City, which specialises in large-scale projects that create smart neighbourhoods and affordable homes – has raised more than

Semarion Ltd, a University of Cambridge spin-out company from the Cavendish Laboratory combining materials engineering and cell biology to tackle unmet drug screening needs, has closed a GBP2.14 million seed funding round led by Parkwalk Advisors. University of Cambridge Seed Funds, Martlet Capital, and angel investors also contributed to the

Jeito Capital (Jeito), an independent private equity firm dedicated to biotech and biopharma, has co-led a USD65 million Series A financing round in EyeBiotech Limited (EyeBio), a privately held ophthalmology biotechnology company working to deliver a new generation of therapies for eye diseases.

Multi-factor authentication (MFA) provider Beyond Identity has closed a USD100 million Series C funding round led by Evolution Equity Partners. Existing investors New Enterprise Associates (NEA) and Jim Clark also participated in the round, which brings the company’s total funding to date to USD205 million and propels its valuation to

MarketForce (MarketForce360.com), a Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has closed a USD40 million Series A round led by V8 Capital Partners. The raise, the largest Series A round of its kind in East and Central Africa, comes seven months after