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Investments

Evertas raises USD5.8m in seed funding

Crypto insurance company Evertas has raised nearly USD5.8 million in seed funding.  The funding round was led by Morgan Creek Digital, CMT, HashKey, Wave Partners, RenGen, 4RC, Centrality, Plug ‘n Play, Vy Capital, and a number of individual investors including James Slazas (CEO of VaultLink), Tyler Ward (Founder of BarnBridge),

Downing makes seven-figure investment in Tactus Group

UK-based fund manager Downing has committed a seven-figure investment to consumer technology company Tactus Group (Tactus). Founded in 1986, Downing is an FCA authorised and regulated investment manager with over 30 years’ experience. It currently has over GBP1.4 billion of funds under management.   The investment from Downing was made

Accelex secures USD5m in seed round from Illuminate Financial

Accelex, a data acquisition, analytics, and reporting solution for private markets investors and asset servicers, has closed a USD5 million seed round of venture financing co-led by Illuminate Financial and AlbionVC, with participation from Expon Capital and SixThirty Ventures. This financing will accelerate the company’s global growth ambitions through further

Cleantech energy company eleXsys Energy raises GBP640,000 through Angel Investment Network

eleXsysEnergy has raised GBP640,000 through Angel Investment Network, an online angel investment platform.  eleXsys Energy has developed a unique, international award-winning, enabling technology that will drive the transition of global energy grids to a clean energy future. The eleXsys technology enables large commercial and industrial rooftops to become grid-connected, solar power

PAI to invests in Apave Group

GAPAVE, the association which owns Apave Group (Apave), a specialist in the field of technical, environmental, human and digital risk management, is in exclusive negotiations with PAI Partners, a European private equity firm, whereby PAI would become a shareholder of Apave alongside GAPAVE.  Following the transaction, GAPAVE would remain the

Knox Capital adds to legal technology investment portfolio

Knox Capital, a private equity firm with significant assets in the legal and financial technology space, has made an investment in, and relaunched, bundle, a provider of legal real estate documents formerly known as ANADeeds. Knox Capital completed its equity investment in bundle in late 2020, and since closing has

MEIF and NPIF invest GBP50m in firms focused on net-zero

The British Business Bank’s regional funds — the Midlands Engine Investment Fund (MEIF) and the Northern Powerhouse Investment Fund (NPIF) — have enabled more than GBP50 million of investment, including from the private sector, into small businesses in the Midlands and North of England to reduce their carbon footprint and support developing

Printful achieves Unicorn Status with growth investment from Bregal Sagemount

Printful, an industry-leading print-on-demand drop shipping and fulfilment company has secured a USD130 million non-control investment from private equity firm Bregal Sagemount.  The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above USD1 billion. The new partnership will

Beacons raises USD6m seed round led by Andreessen Horowitz

Beacons, a business platform for social media creators, has secured USD6 million in a seed funding round led by Andreessen Horowitz with participation from Li Jin’s Atelier Ventures, The Chainsmokers’ Mantis Fund, Night Ventures, Brazilian esports organisation LOUD and Crush Music.  The new capital will fuel the company’s rapid growth

FSC completes investment in Spanish consumer finance specialist Ufasa

Financial Services Capital (FSC), a private equity investor dedicated to the European financial services sector, has completed its acquisition of a stake in JZ Lending Ltd, which controls Spanish consumer finance specialist Unión Financiera Asturiana (Ufasa).   The Bank of Spain has approved FSC’s investment into this regulated financial services

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