The Duncan & Todd Group, the leading optical provider in Scotland, has secured a GBP15 million investment from the Scottish office of LDC, the UK’s leading mid-market private equity investor, to accelerate its growth strategy. As part of the deal, Duncan & Todd’s existing backer, BGF, will exit its minority

Chargebee, a SaaS subscription management and recurring billing solution, has secured USD18 million in growth capital, led by New York-based Insight Venture Partners. The Series C investment also saw participation from previous investors, Accel Partners and Tiger Global Management. With this round of funding, the total investment stands at USD24.7

Private equity firm New Water Capital has made an investment in Pegasus Foods, a contract manufacturer of frozen appetisers and snacks. Specialising in high-quality, difficult to produce products, Pegasus is a primary contract manufacturer for several consumer packaged goods and retail grocery companies, as well as quick service restaurants. New

Archangels, an Edinburgh-based business angel syndicate, and the Scottish Investment Bank, the investment arm of Scotland’s enterprise agencies, have completed a GBP2 million funding round for Bio-Images Drug Delivery Limited (BDD). The company is looking to scale it business based around its OralogiK precision timed drug delivery system, which enables

Breed Reply, an active operational investor in early-stage Internet of Things (IoT) businesses, has invested in France-based METRON and TAG Sensors, a Norwegian company. The two companies raised a total of GBP3.75 million from Breed Reply and other investors. These new investments mean Breed Reply’s pan-European investment portfolio of early

Digital Reasoning, a specialist in artificial intelligence (AI) that understands human intentions and behaviours, has raised USD30 million in a new funding round led by BNP Paribas. Angel Rodriguez-Issa, Global Head of Strategic Investments, Global Markets at BNP Paribas, has joined Digital Reasoning’s board of directors.   Barclays and Square

Private equity fund manager YFM Equity Partners (YFM) has backed the MBO of Checkmate Fire Solutions Limited, UK-based passive fire protection provider.  The investment in Checkmate Fire marks the fifth investment from the YFM managed fund, YFM Equity Partners 2016 LP.   Checkmate Fire is the UK’s leading passive fire

Farmstead, a new AI-powered digital micro-grocer that curates and delivers fresh, local foods from farm-to-fridge in 60 minutes, has secured an additional USD2 million capital infusion, led by Resolute Ventures and Social Capital, with additional participation from SV Angel and Y Combinator. This latest round brings Farmstead’s total seed funding

Mobeus Equity Partners and Beringea have co-invested in a GBP5 million funding round for mpb.com, a specialist online marketplace for second-hand photographic and filmmaking equipment. Millions of new cameras, interchangeable lenses, and other equipment and accessories are sold each year, generating billions of dollars in retail revenue across Europe and

Culum Capital, a Singapore-based receivables and supply chain financing platform, has secured an investment from GTR Ventures which will be used to accelerate Culum’s expansion and support growth.   According to The World Trade Organisation (WTO, 2016), 80 per cent of trade is financed by credit or credit insurance. WTO