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Investments

Announcement

Ninth Wave closes investment from SARORAS Private Capital

Ninth Wave, a specialist in secure data connectivity between financial institutions and third-party applications including aggregators, fintechs, accounting solutions, tax prep software and other consumer and business solutions, has closed on a significant minority investment from SARORAS Private Capital, a private equity firm. Ninth Wave will use proceeds from the

Machine Labs secures GBP800,000 seed funding

Machine Labs, has secured GBP800,000 in equity funding from Techstart Ventures, the founders, angels investors, plus additional grant funding from Scottish Enterprise. The seed funding will be used to recruit a team of eight based in offices opposite Edinburgh Castle.  Andrew Veitch, Founder and CEO of Machine Labs, says: “For

Ingenious backs Over-C

Ingenious has led an investment round into Over-C Limited, a London-based analytics company focused on operational performance in the workforce management market. Ingenious helped raise an additional GBP5.5 million in equity funding, bringing the total raised to GBP10 million. Over-C’s software uses artificial intelligence, data and analytics to provide industry

Miss Group secures GBP13 million in follow-on funding from BGF

Manchester-headquartered Miss Group has secured a GBP13m follow-on investment from BGF to support its international acquisition strategy.  Founded in 2014, Miss Group is an international web hosting business that offers a range of services to the SME market, such as web hosting, domain registration, VPS and dedicated servers.  Following BGF’s

Arlington Capital Partners acquires majority interest in Riverpoint Medical

Arlington Capital Partners (Arlington), a Washington, DC-based private equity firm, has completed a majority growth investment in Riverpoint Medical (Riverpoint.) The investment in Riverpoint marks the first deal out of Arlington’s USD1.7 billion Fund V, which closed recently. Headquartered in Portland, Oregon, Riverpoint Medical is a developer, designer, and manufacturer

WeGift closes GBP4m investment

WeGift, a digital rewards platform, has secured GBP4 million in Series A funding, led by Fred Destin at Stride.vc, who also joins the Board of Directors, and other high-profile investors including SAP.iO fund and Unilever Ventures.  WeGift has also announced new angel investors including James Hind, founder of Carwow and Eamon Jubbawy at Onfido.    WeGift says the investment

eSmart Systems secures USD34 million investment for international expansion

eSmart Systems, a Norwegian provider of AI-based analytics for infrastructure inspection and asset health monitoring, has completed a capital raise of USD 34.4 million.  Energy Impact Partners (EIP), the US utility-backed investment fund, and innogy Ventures have joined the investment round initially closed by Equinor Energy Ventures, Nysnø Climate Investments,

Lovell Minnick Partners makes significant investment in oneZero Financial Systems

Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, has completed a significant minority investment in oneZero Financial Systems (oneZero), a provider of software and technology solutions to the rapidly growing foreign exchange (FX) trading industry.  Financial terms of the private transaction have not been disclosed.   Founded

Chris Mackey, MackeyRMS

Resurgens Technology Partners invests in Mackey RMS

MackeyRMS, a provider of research management software, has secured a significant equity investment from Resurgens Technology Partners.  The partnership makes MackeyRMS the third FinTech investment in Resurgens’ USD200 million flagship private equity fund, and will enable the Company to accelerate investment in its market-leading software, expand its global presence and

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