DataCentred, a UK-based provider of OpenStack-based cloud services, has secured a GBP1 million funding package from Barclays and existing shareholders. The funding will allow DataCentred to further expand its OpenStack infrastructure and invest in new staff.   The funding package coincides with the launch of a new browser-backed OpenStack terminal,

Cuna Mutual Group's venture capital entity, CMFG Ventures, is leading the venture-backing for Chicago-based ForeverCar, a provider of extended service protection plans. Launched earlier this year, CMFG Ventures focuses on InsurTech and FinTech investments that provide innovative technology products and services to credit unions and their members.   ForeverCar offers

Brighter World Energy, a socially conscious energy company launching in the UK, has completed a GBP500,000 seed capital round with the help of ClearlySo, a European impact investment bank. Brighter World Energy plans to use the funding to ensure consumer power tackles the global energy crisis.   Brighter World Energy’s dual

Nexxus Capital has completed an investment in Fondo de Transporte México (FTM), a platform of companies in the logistics, cargo, personnel and student transportation sectors. The investment will be funded through Nexxus VI and Nexxus VI Trust.   With private equity fund Discovery Americas one of the major shareholders in

JAMP Pharma, a generic pharmaceutical company, has signed a partnership agreement with Quebec development capital organisation Fonds de solidarité FTQ, which includes a major investment representing a minority stake of 31 per cent. By increasing JAMP Pharma's financial capabilities, the investment by the Fonds de solidarité FTQ will make it

An affiliate of private equity firm Sequoia Capital China is to make a RMB348 million (USD51.7 million) investment in Noah Holdings’ asset management business by acquiring equity interests Noah’s affiliate, Gopher Asset Management. Gopher was founded in March 2010 and specialises in fund-of-funds management in the private equity, real estate,

Pamlico Capital has made a significant growth equity investment in 10th Magnitude, a Microsoft Azure services firm. The investment will support the firm’s strategic and geographic expansion initiatives as well as provide resources for potential acquisitions.   Specific terms of the transaction were not disclosed.   “The vast Microsoft Azure

А consortium of investors led by the Russian Direct Investment Fund (RDIF), CDC International Capital and Bahrain Mumtalakat have closed a transaction to invest up to EUR250 million in glass tableware manufacturer Arc. The deal follows a preliminary agreement signed on 17 June 2016.   The proceeds from the deal

Oxatis Group, a European e-commerce solutions provider, has received fundraising of EUR5 million from private investors secured by Arkea Capital and current investors. Oxatis Group trades under the Actinic brand in the UK, the Xopie brand in Spain and MYTHO in Italy.   Marc Schillaci, CEO of Oxatis Group, says:

Mitrefinch, a developer of human capital management (HCM) software, has secured an equity investment of more than GBP20 million from LDC to support its international expansion. The investment, part of a management buyout led by CEO Debbie Guppy, will see LDC become a significant shareholder in the company, alongside additional