SuperAwesome, a specialist in digital engagement for children, has received new growth capital from Mayfair Equity Partners (Mayfair). As TV viewing amongst kids continues to decline, under-thirteen (U13) users have become one of the fastest growing digital audiences around the world. In parallel, new data privacy laws have been implemented

Promise Gluten Free, an innovative bakery which entered the gluten free market in 2012, has sold a majority stake to Mayfair Equity Partners (Mayfair). Promise, based in Donegal, Ireland and founded in 2011, is a group of companies comprising Aran Ard Teoranta (trading as Gallagher’s Bakery) and Cuisine Royale Manufacturing

An investment partnership advised by Permira is to acquire a strategic equity stake in Klarna Bank AB which currently serves 60 million consumers and 70,000 merchants. Permira is a global investment firm which advises funds and accounts with a total committed capital of circa EUR32 billion. Permira focuses on identifying

Machine intelligence company, Graphcore, has secured USD30 million in a Series B funding round led by Atomico. The new funding comes as the company prepares to ship its first Intelligence Processing Unit (IPU) hardware to customers later this year, with scale-up production for enterprise datacentres and cloud environments in 2018.

TickSmith, a specialist in big data applications for capital markets, has announced a strategic investment of CAD2 million from Illuminate Financial Management, a venture capital firm with a specific focus on capital markets financial technology, to further commercialise its flagship product, TickVault. TickSmith addresses a growing need of exchanges, banks

Receipt Bank, a bookkeeping automation platform, has raised USD50 million in Series B funding from Insight Venture Partners. The investment will be used to accelerate the growth of the company and to further develop its products. The group passed USD10 million ARR (Annual Recurring Revenue) in 2016 and continues to

Abacus Group, a provider of managed IT solutions and infrastructure to the financial services industry, has secured a minority growth investment from WestView Capital Partners, a Boston-based private equity firm focused on middle market growth companies. Abacus will continue to be majority-owned and operated by the Company’s senior management team.

Finstar Financial Group will invest USD150 million into new financial technology startups over the next five years, Oleg Boyko, the Chairman of Finstar, has confirmed. The money will also be used for research and development (R&D) within the Group’s portfolio companies. Global investment in financial technology startups increased to USD12.7