Virtual reality provider ARena Space has attracted investments of USD7.7 million from the processing company Rucard. The deal was structured by a venture fund IP Fund. Financing will be directed primarily to the development of the company in the international market. In particular, ARena Space will open its branch in

An affiliate of New Water Capital, a Boca Raton-based private equity firm focussed on lower-middle market companies, has made a growth capital investment in The Perfect Bite Co, a research, development and ideation firm for the frozen food industry. Founded in 2006, Los Angeles-based The Perfect Bite Co develops innovative

Having raised over GBP650,000 from HNWIs and received offers of GBP1.3 million grant funding from the Welsh Government, AERALIS, a UK start-up pioneering a modular jet aircraft system, has launched a GBP1 million fund raise via Syndicate Room, a B2B crowd funding website, as part of a Phase 2 EIS-Assured

Technikraft, a chemicals business which supplies own-label products to industry, has secured a significant investment from PHD Equity Partners to help to drive its growth. Technikraft produces over 800 different formulations including cleaners, fuel additives, anti-corrosion and lubrication products. The company, which is based in Humber, serves clients in the

The private equity division of Imara Holdings Limited has, over the last twelve months, sourced, structured and invested circa USD4.5 million, on behalf of a European Family Office client, into Zambezi Berry Company (ZBC).   This investment is in-line with Imara’s strategy to invest in high quality management teams, in

Foresight Group (Foresight) has made a GBP2.5 million growth capital investment in Accrosoft Limited on behalf of VCT funds it manages. Based in Loughborough, Accrosoft is a software-as-a-service company with two products currently in the market, Vacancy Filler, an Applicant Tracking System which automates the recruitment process for organisations, and

HeleCloud, an IT consultancy and managed services provider specialising in highly sophisticated Cloud strategy, implementation, migration and operation services, has secured a GBP2 million minority investment from BGF to further accelerate its growth strategy. The funding will support the company’s services portfolio expansion, the establishment of its presence into further

Foresight Group (Foresight) has made a GBP500,000 equity investment into Mobile Pay Systems, trading as Swoopos through the Midlands Engine Investment Fund (MEIF).  Swoopos provides a Mobile Point of Sale (“MPOS”) universal payments system that combines ePOS and cloud-based technology to deliver rich data analysis for businesses operating in the

Le Col, a British producer of technical performance cycling apparel, has raised GBP2.35 million from Puma Private Equity to fuel further growth, with the opportunity to increase investment to GBP3.5 million. Le Col, founded by ex-professional cyclist Yanto Barker in 2011, has its DNA in the pro peloton and its

Severstal Ventures, which was set up by steel and mining company PAO Severstal to support venture projects developing new production technologies and materials, has invested in Chrysalix RBV GP Ltd. (Chrysalix RoboValley). Chrysalix RoboValley was set up to invest in intelligent systems and automation platforms, including areas such as artificial