Logisly, a B​2B tech-enabled logistics platform based in Indonesia, has closed a new USD6 million funding round led by Monk’s Hill Ventures.The funding will be used to scale Logisly’s operations in Indonesia, by growing their sales and vendor acquisition teams to strengthen its network of shippers and transporters and product

Warburg Pincus, a global private equity firm focused on growth investing, has entered into an agreement to acquire Sweeping Corp of America (SCA) from Soundcore Capital Partners. Financial terms of the transaction have not been disclosed.  The investment will allow SCA to accelerate its sales and marketing efforts and help the

City law firm, McCarthy Denning, has successfully advised flypop, a UK-based start-up and low-cost long-distance airline, on attracting significant investment from the UK Government’s Future Fund (opened in May this year) and other private investors. With the effects of Covid-19 resonating around the globe, the UK economy and aviation industry will

The London Technology Club (LTC), which includes some of the world’s leading technology investors, has invested in Reflektion, an AI-powered personalisation platform for the retail industry. LTC invested in Reflektion’s USD13.5 million funding round alongside leading venture capitalists such as Clear Ventures, Intel Capital, Battery Ventures and Hasso Plattner Ventures. Reflektion

Inflexion has agreed to make a minority investment in Phenna Group (Phenna), a business focused on the testing, inspection, certification and compliance (TICC) sector. 

The North East Development Capital Fund (NEDCF) has co-led a GBP1.75 million funding round for Newcastle-based Hive HR Ltd (Hive), an employee engagement Software-as-a-Service (SaaS) solution. The Fund, which is managed by Maven Capital Partners (Maven), has invested GBP500,000, alongside GBP1 million of funding from Maven’s VCTs and GBP250,000 from existing

Gousto, a UK recipe box provider, has become only the fourth UK company in 2020 to achieve ‘Tech Unicorn’ status, following hot on the heels of Synk and fellow consumer-facing businesses Gymshark and Cazoo. Just eight years since launch, Gousto joins an elite group of 19 venture-backed UK businesses, including

Eurazeo Capital, alongside IK Investment Partners, RAISE Investissement and the existing management team, has invested in Questel to acquire 100 per cent of its share capital. Eurazeo and the IK IX Fund will each invest an initial amount of nearly EUR200 million and together will hold a majority stake. Definitive financial

Mid-market private equity firm LDC has backed Rhino Products, Europe’s leading manufacturer of light commercial vehicle accessories, in a deal valued at GBP36 million, to support its international growth strategy.Headquartered in Ellesmere Port, Cheshire, Rhino is a designer and manufacturer of premium external load carrying and restraint systems for light

OnSite Waste Technologies, a specialist in the immediate sterilisation of medical waste, has closed an oversubscribed USD3.5 million Series A funding round. OnSite has now raised a total of USD8.5 million in capital, which has helped contribute to a 500 per cent, quarter-over-quarter growth rate.The latest round of funding was