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Intelligence

OxDX raises GBP2.6m in pre-seed funding

OxDX, a University of Oxford spin out building instant pathogen tests using super-resolution microscopy and machine learning, has raised GBP2.6 million in pre-seed funding for its AI powered diagnostic technology that can recognise and identify specific species and strains of viruses1,2, bacteria and other pathogens within a sample in seconds.

REHAUS launches consumer seller platform with GBP500k pre-seed investment

REHAUS, a marketplace dedicated to matching pre-owned designer furniture with new owners, has launched its consumer seller platform having secured GBP500k in pre-seed investment. REHAUS removes the hassle usually associated with pre-owned furniture online, offering a superior experience for both buyers and sellers. This includes full provenance, direct communication and

AI-enabled Esme Learning Solutions raises USD15m from Hercules Capital

AI-enabled workforce transformation specialist, Esme Learning Solutions has secured USD15 million of venture finance from Hercules Capital. This new investment brings their total investment since incorporating on Valentine’s Day 2019 to USD38.5 million from Hercules, Adit Ventures and ThriveDx.  Esme partners with top tier global education leaders to offer an

iCON Infrastructure acquires 57 per cent stake in Dobson Fibre

Dobson Fiber has formed a strategic partnership with iCON Infrastructure, whereby iCON Infrastructure Partners V will support Dobson Fiber’s USD700 million fiber deployment plan across Oklahoma, Arkansas and Texas. The Dobson Family will retain significant ownership of the company and together with iCON V, will continue to support Dobson Fiber’s

Wafra Inc appoints CIO

Global alternative investment manager Wafra Inc has promoted Adel A Alderbas to Chief Investment Officer (CIO). Alderbas will work closely with Chief Executive Officer Fawaz Al-Mubaraki to oversee the firm’s investment activities and execute Wafra’s vision to deliver investment solutions that provide long-term prosperity for asset owners around the world.

Repeats Group invests in Anviplas

Are Partners-backed Repeats Group (Repeats), a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene (LDPE), has made an investment in Anviplas, a producer of recycled LDPE located in the Catalunya region of Spain. Terms of the transaction have not been disclosed.  Repeats is a portfolio company of

OnePlanetCapital appoints new Investment Director

OnePlanetCapital, the climate change-focused early stage venture capital fund, has appointed Anthony Chant as Investment Director. Chant will lead investment decisions for the company’s flagship EIS fund, targeting companies and projects that will genuinely benefit the environmental prospects of the UK and the wider planet. Chant has joined OnePlanetCapital to

ProArch secures USD25m growth investment from MSouth Capital

ProArch, a digital transformation, modernisation and managed services business, has secured a USD25 million growth investment from MSouth Capital, an Atlanta-based private investment firm that provides flexible, non-control financing solutions. The debt and equity investment will enable ProArch to continue executing an aggressive growth strategy by fuelling the development of

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