PE Tech Report

Investments

Ridgemont and Cross River partner to serve growing bandwidth demand

Ridgemont Equity Partners is to acquire a majority interest in Cross River Fiber, a provider of dark fibre and communications infrastructure-based services. The proposed transaction is expected to close in the fourth quarter of 2014, following the satisfaction of customary regulatory closing conditions.   The agreement has been approved by

British pounds

SmartKem attracts Series A funding from high profile investment syndicate

SmartKem has closed a series A funding round from an investment syndicate comprising BASF Venture Capital, Octopus Investments and Entrepreneurs Fund, plus further investment from Finance Wales, the company’s principal shareholder. The investment will build on the GBP3m of investment from Finance Wales to date and will be used to

PeerNova secures investment by VC veteran Pierre Lamond

PeerNova has secured a pre-series A investment by venture capital veteran and semiconductor industry pioneer Pierre Lamond. Lamond helped pioneer the semiconductor industry in Silicon Valley, with his leadership roles at Fairchild Semiconductor and National Semiconductor, which he cofounded in 1967.   At Sequoia Capital from 1981 to 2009, Lamond’s

HIG Growth Partners invests in LuLu*s Fashion Lounge

HIG Growth Partners has partnered with Colleen Winter and Debra Cannon, the owners of LuLu*s Fashion Lounge, to make a strategic investment in the company. Founded in 1996 and headquartered in California, LuLu*s is an e-commerce retailer of young women’s apparel, shoes and accessories.   Winter says: “We are very

Money stack

Nasuni raises USD10m in new VC financing

Nasuni, a provider of enterprise storage as a service to global organisations, has secured USD10 million in new venture capital financing. Previous investors Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners, as well as a strategic investor, all participated in this extension of Nasuni's C round.   The new financing brings the

BGF invests GBP2m in Abbey Pharma to fund buy-and-build strategy

Abbey Pharma has secured a GBP2m investment from BGF, the independent company established to help Britain's growing businesses.   BGF will take a minority stake in the business and the investment will be used fund the company’s buy-and-build strategy. The Group was established in 2009 and is a fast growing, dynamic

Startupbootcamp FinTech partners with three financial services organisations

Startupbootcamp FinTech has partnered with three more financial services organisations – financial services outsourcing provider arvato Financial Solutions, investment firm Route 66 Venture, and Italian banking group Intesa Sanpaolo. The new partnerships will provide Startupbootcamp FinTech with pilot customers, industry data, and capital and brings the total number of partners

SME reliance on debt to fund working capital falls by 25 per cent

The success rate among small and medium-sized businesses (SMEs) applying for finance has risen to 80 per cent in 2014 up from 71 per cent in 2013, according to research by Albion Ventures. Despite more SMEs receiving the funds they need to grow, the second Albion Growth Report shows that

Pact Coffee raises GBP2m led by MMC

Pact Coffee has secured a GBP2m Series A funding round, led by MMC Ventures. This funding round sees MMC join existing investors Connect Ventures, as well as angel investors Ian Hogarth, founder of Songkick; Robin Klein of Index Ventures; and Rowan Gormley, founder of Naked Wines.   Founded in 2012

Events

12 September, 2024 – 6:00 pm

Directory Listings