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Investments

NOW Money closes USD1.46m bridge funding round

NOW Money has closed its bridge funding round with a total of USD1.46 million in commitments. In addition to a recent US Venture Capital investment, this funding round includes USD700,000 from Dubai-based Venture Capital firm, Myrisoph Capital. Other contributions have come from private investors and MENA-based women’s investor network WAIN.

AMAL Therapeutics raises EUR8m in first closing of Series B financing round

AMAL Therapeutics (AMAL), a Swiss biotech developing peptide-based therapeutic cancer vaccines, has completed the first tranche of its Series B financing round, raising EUR8 million (CHF8.8 million). The Company will use the funds to progress its lead vaccine (ATP128) towards clinical studies and proof-of-concept in colorectal cancer. It will also

Property software firm Arthur raises over GBP1m

Property management software firm, Arthur has just raised GBP1,136,000 in its first round of funding, which was oversubscribed. The fundraising was managed by the Chairman, Mark Jones who brought in five individual investors, handpicked to bring added value to the brand and aid substantial growth. London Business School investor group

LDC backs pumps solutions business

Mid-market private equity investor LDC has backed the management buyout of Stuart Turner, a UK-based water pump and pressure solutions business. The investment will enable Stuart Turner to accelerate its buy-and-build strategy, targeting further growth in the commercial pumps sector, in addition to supporting international expansion.   Founded in 1906,

Foresight invests GBP1.9m in Regency Design & Print

Funds advised by Foresight Group have invested GBP1.9 million into Regency Design & Print Limited, a designer and manufacturer of printed materials for the beverage equipment and retail point-of-sale sector. Founded in 1986, the Company is the UK market leader and boasts a longstanding customer list comprised of blue chip

AirTM successfully completes equity funding round

AirTM, a fintech start-up aiming to bring US dollar-denominated financial services to the developing world, has surpassed its funding goal of USD1 million with lead FinTech investor BnkToTheFuture. AirTM plans to use this funding to further develop its platform and bring its services to more people who need to preserve their

Wizer raises USD4m to accelerate growth

AI-based SaaS consumer research company Wizer is announcing the completion of the company’s USD4 million Series A Round. The funding was led by SOMV (State of Mind Ventures), a venture capital fund focusing on technology infrastructure. Nielsen Innovate, the early stage investment arm of Nielsen, also participated in the round.

French cooperative Océalia raises EUR4m from Unigrains and IDIA Capital Investissement

Océalia, a cooperative in France’s Nouvelle Aquitaine region, has raised EUR4 million from Unigrains and IDIA Capital Investissement through a capital increase of its diversification subsidiary, Sodevat, in order to finance the development of its downstream and distribution activities. Sodevat’s management plans to use the funds to support future growth.

Moringa invests in Floresta Viva

Moringa, a private equity impact investment fund specialised in agroforestry projects in sub-Saharan Africa and Latin America, has closed the fifth investment of its portfolio, taking a stake in Floresta Viva. The Brazilian company is developing a groundbreaking agroforestry system revolving around organic heart of palm, a Brazilian delicacy that

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