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Intelligence

Rest Less secures GBP6.1m in Series A Funding Round

Rest Less, a digital platform for the over 50s, has raised GBP6.1 million (USD8.5 million) to further expand its services for its members. The funding round was led by venture capital firms MTech Capital and Viola FinTech with further participation from existing investors, QED Investors and Octopus Ventures. Viola FinTech

VTB Capital invests USD96m in Binnopharm Group

VTB Capital has invested in the pharmaceutical holding company Binnopharm Group, a subsidiary of Sistema.   Sistema Telecom Assets LLC sold a 11.2 per cent stake in Ristango Holding Limited, the owner of Binnopharm Group, to Nevsky Property Investments Limited, which is controlled by VTB Capital. The transaction value amounted

Nauta Capital launches Nauta Labs

Nauta Capital, a pan-European venture capital firm investing in capital-efficient B2B software companies, has launched a new initiative to support pre-seed deeptech European startups.    Named Nauta Labs, the specialist venture programme will offer pre-seed B2B deeptech companies capital to accelerate their concepts and grow into the next generation of Europe’s

Crover Ltd announces first funding round through Crowdcube

Crover Ltd, the Edinburgh based start-up and developer of the first robotic device able to “swim” deep in granular bulks such as cereal grain, has announced its first funding round through Crowdcube, the equity crowdfunding platform.  After “bootstrapping”, raising more than GBP600,000 in innovation prizes and grants (including the likes

Genstar Capital and TA Associates merge portfolio companies

Genstar Capital and TA Associates have signed a definitive agreement to merge their portfolio companies, Compusoft, an international provider of specialised visual Configure, Price, Quote (vCPQ) software to key retail and manufacturing industries, and 2020 Technologies (2020), a provider of specialised computer-aided design (CAD), configure, price, quote (CPQ) and enterprise

One Rock Capital Partners completes investment in Archkey Solutions

An affiliate of One Rock Capital Partners (One Rock) has successfully completed a previously announced investment in ArchKey Solutions (ArchKey), a North American electrical and technologies contracting and services provider, alongside the Company’s management team. One Rock’s stake in ArchKey was acquired from funds managed by the GFI Energy Group of Oaktree

Weinberg Capital acquires shares in the Bourdoncle group

Weinberg Capital has acquired shares in the Bourdoncle group, a key player in the French bistro-catering industry. This is the fifth acquisition of Weinberg Capital’s fund LBO WCP#3.   Led by catering specialist Thierry Bourdoncle, the group currently owns 16 establishments in Paris (Durand Dupont in Neuilly, Le Dôme de

Uberisation

PODCAST: Uberisation 2.0 – New ways of creating value and gaining scale

In this 5th and final podcast of the series, Steven Unzicker, Founder of ANZU Research, SEI’s Ross Ellis and Michael Neumann, Head of AI Quantitative Strategies and Partner at Arabesque, discuss how the decentralised model – as characterised by Uber and Airbnb – could inform the future of fund management. 

NPIF – Maven invests GBP250,000 in Boiler Plan

NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund (NPIF) and managed by Maven Capital Partners (Maven), has invested GBP250,000 in Boiler Plan to support the company’s growth and training centre in Featherstone, West Yorkshire. The transaction also includes a GBP500,000 investment from the North East Development

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