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Investments

BIMA secures USD16.8 million from Axiata Digital

BIMA, a provider of micro-insurance to underserved families in emerging markets, has secured an investment of USD16.8 million from Axiata Digital, the digital services arm of Axiata Group Berhad (Axiata), one of Asia’s largest telecommunications groups. The Asian telecommunications giant, with presence in 10 countries and over 320 million customers

Foresight invests GBP2.15m into Fresh Relevance

Foresight has invested GBP2.15 million from Foresight VCT into Fresh Relevance Limited (FRL), a marketing technology platform for eCommerce businesses. Fresh Relevance is a SaaS email marketing and web personalisation platform providing online retailers with personalised customer experiences and real-time marketing tools across desktop and mobile.   Key features of

Pharmaceutical start-up takes GBP830,000 in equity funding

Small Pharma, a London-based pharmaceutical startup, has raised GBP830,000, supplemented by a GBP140,000 grant from Innovate UK, to support the development of a rapid-acting drug for patients experiencing severe depression. The round was led by Chris Torrance, co-founder of Horizon Discovery and PhoreMost, with the Angel CoFund, pharma sector experts

Meniga raises EUR7.5m led by Industrifonden

Meniga, a provider of digital banking technology for banks, has raised EUR7.5 million in a funding round led by Nordic venture capital investor Industrifonden. Other participants in the round include current investors Velocity Capital, Frumtak Ventures and Kjolfesta.   Meniga’s digital banking platform helps banks use personal finance data to

Blair Livingston, Street Contxt

Street Contxt secures investment led by Point72 and Joe Lonsdale

Street Contxt, a fintech company that helps brokerages, independent research providers and asset managers distribute, manage, unbundle and value research, has secured an investment by a funding consortium led by existing investor Joe Lonsdale of 8VC and including Point72 Ventures. The round also includes substantial contributions from Palm Drive Capital,

Snowflake closes USD100m Series D funding

Snowflake Computing, a data warehouse built for the cloud, has closed USD100 million in growth funding led by ICONIQ Capital and accompanied by Madrona Venture Group. Snowflake's Series D round also includes all of Snowflake's existing funding partners: Altimeter Capital, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures.   Since

Foresight makes GBP3m investment in Ollie Quinn

Private equity investment manager Foresight Group has completed a GBP3 million investment into Ollie Quinn, via Foresight VCT, to fund the rollout of additional stores throughout the UK and Canada. Ollie Quinn is a branded retailer of prescription glasses, sunglasses and non-prescription polarised sunglasses based in the UK and Canada.

Ridgemont Equity Partners invests in Dickinson Fleet Services

Private equity firm Ridgemont Equity Partners has invested in Dickinson Fleet Services (DFS), a technology-enabled service provider in the vehicle fleet maintenance industry. Financial terms of the transaction have not been disclosed.   Dickinson Fleet Services provides repair and maintenance services for vehicle fleet owners and operators across the US.

Gryphon makes majority investment in Wind River Environmental

Private equity firm Gryphon Investors has made a majority investment in Wind River Environmental, a provider of inspection, service, installation, repair, and maintenance of non-hazardous liquid environmental waste solutions in the US. CEO John O’Connell and other members of Wind River’s management team have retained a significant ownership position in

CheckRecipient raises USD2.7m

CheckRecipient, a machine learning start-up that aims to end the problem of misaddressed emails, has raised USD2.7 million in a round co-led by Accel and LocalGlobe, with the participation of Winton Ventures, Amadeus Capital Partners and Crane. Started in 2013 by three engineering graduates from Imperial College, CheckRecipient has developed

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