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ILC Therapeutics completes GBP3.5m funding round

ILC Therapeutics, a UK-based biotechnology company and pioneer in the discovery and development of a ground-breaking new class of interferon drugs, has completed a GBP3.5 million pre-IPO funding round. Investors include Los Angeles-based lawyer and investor, Robert Kopple; St Andrews-based Eos Angel Investment Syndicate; Scottish Enterprise; ILCT management. Chairman Peter

contextflow secures EUR6.7m in Series A investment

contextflow, a provider of artificial intelligence for medical image analysis, has raised EUR6.7 million in a Series A funding round. A second closing included an additional EUR2 million from new co-investor Peak Pride Management GmbH, HPH (Hans Peter Haselsteiner) Start-up Unit and current investor APEX Ventures with its “APEX Best

Carey Olsen supports Capvis on continuation vehicle for third fund

Lawyers from Carey Olsen’s investment funds team in Jersey have advised European mid-market private equity firm Capvis on the disposal of the remaining portfolio of Capvis Equity III to a new Capvis-managed continuation structure. The transaction was co-led by Committed Advisors SAS and Eurazeo IM, with the continuation vehicle providing

Aurelia raises USD3 million in seed funding from Blossom Capital

Aurelia, the startup dubbed “IFTTT for financial admin” because it helps businesses automate tasks across third-party financial apps and services on a single platform – has raised USD3 million in seed funding from Blossom Capital and angel investors including Guillaume Pousaz through his Zinal Growth investment vehicle and Erez Mathan

ARQIS advises Oxford Metrics on acquisition of Contemplas

ARQIS has advised London Stock Exchange listed Oxford Metrics on the indirect acquisition of Contemplas, a specialist in video-based movement analysis.  Oxford Metrics in an international software company servicing infrastructure, life sciences, entertainment and engineering markets. Sellers are Stefan Klippel and Thomas Seeholzer who founded Contemplas in 2005.   Based

AnaCap invests in WebID

AnaCap Financial Partners (AnaCap), a specialist mid-market private equity investor in technology enabled financial services, has made a majority investment in WebID, a German digital identification provider.  AnaCap will provide significant growth capital and partner with the founders and existing management team to extend WebID’s product offering to other industries outside

Hospitality software firm raises GBP500k

A company, whose software helps hospitality businesses to boost sales, has raised GBP500 thousand from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF). The funding will allow Airship Services to take advantage of increased demand following the re-opening

Low Carbon Innovation Fund 2 invests in bio-bean

Turquoise, a UK merchant bank specialising in energy, environment and efficiency, has invested in bio-bean through its Low Carbon Innovation Fund 2 (LCIF2).  The investment of GBP350,000 is part of an overall round of GBP1.25million. The round was led by LCIF2 with the participation of 2Enable Partners, Stellar Impact and

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