BGF has made its fourth life sciences investment in the last few months, providing Nottingham-based business incubator BioCity with development capital, alongside Blue Skies Investments (BSI). Founded in 2002 and a pioneer in the field, BioCity is the UK’s largest life science incubation business, providing specialist workspace for growing life

European private equity group Capzanine has acquired a significant minority stake in Intescia, a business intelligence software publisher, as part of a management takeover and the exit of WINCH Capital 2 fund managed by Andera Partners and of BNP Paribas Development. Resulting from an external growth strategy started in 2013,

Tech start-up Divvy has secured a USD250 million facility from Waterfall Asset Management. The new funding will help Divvy keep up with expected customer growth in 2019, facilitate easier access to the capital businesses need, and ensure an overall better customer experience. Blake Murray, CEO of Divvy, says: “Waterfall Asset

Takeaway.com, an online food delivery marketplace in Continental Europe, has successfully placed 8.35 million new ordinary shares of the Company, representing approximately 19 per cent of its outstanding share capital. The company raised approximately EUR430 million through an accelerated bookbuild offering at an issue price of EUR51.50 per New Share,

BBF, a UK manufacturer of own-label, licensed and branded ambient cakes and desserts, has secured a new GBP40 million financing facility with Wells Fargo Capital Finance (WFCF) to support future growth plans. BBF serves all the UK’s most recognisable food retailers such as Tesco, Sainsburys, Asda, M&S, Aldi and Lidl.

UK moulded foam products manufacturer Moulded Foams is focusing on further expansion after securing investment from BGF. Moulded Foams produces a range of 98 per cent air products which protect food, goods and insulate buildings. With properties including temperature resistance, shock absorption, acoustics and light weight load bearing, the foams supplied

Circularity Capital, a specialist private equity firm supporting growth stage European SMEs in the circular economy, has led a multi-million growth funding round in ZigZag Global, a software solution for retailers to optimally manage the return, repacking and resale of products. Circularity Capital’s investment will further accelerate the rollout of

A Northumberland business which has found a new way to deliver superfast broadband to remote sites has secured a GBP300,000 investment from the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Fund Managers. Trench Networks, which is based in Blyth, has developed a

QuadSAT, a drone-enabled antenna testing company, has closed its GBP700,000 seed round, led by the Danish Growth Fund, VF with participation from Seraphim Capital and existing investors. The investment will enable QuadSAT to bring its innovative drone platform to the satellite communications industry, initially focusing on maritime and aeronautical applications.

Seldon, the machine learning deployment specialist, has closed a GBP2.7m seed funding round led by Amadeus Capital Partners alongside Global Brain Corporation, Techstars and other existing investors. Seldon is a pioneering global technology business focused on the fast-growing machine intelligence market. Its open-source machine learning deployment platform makes it easier