Accenture is to acquire BRIDGEi2i, an artificial intelligence (AI) and analytics firm headquartered in Bangalore, India, with additional offices in the US and Australia. The acquisition will add more than 800 professionals to Accenture’s Applied Intelligence practice, strengthening and scaling up its global capabilities in data science, machine learning and
Elliptic, the cryptoasset risk management firm, has raised USD60 million in Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2. Existing investors AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, SignalFire and Paladin Capital Group
Online travel operator, Travcorp Holdings Ltd has raised GBP3.7 million in equity funding, led by growth capital investor BGF. The Chester-headquartered company specialises in packaged holidays and hotels via its consumer brands – Destination2.co.uk and HolidayGems.co.uk. The two brands service a diverse holiday market, from premium, long-haul holidays to
Ocorian, a financial services group and provider of fund, corporate, capital markets and private client services has completed the acquisition of Nordic Trustee, a provider of trustee and agency services for bonds and direct lending in the Nordic region. This transaction reflects Ocorian’s strategy to further build its capital
Intelligent property search portal property.xyz has secured a seed round of angel investment of GBOP268,000 from eleven, experienced investors in the fields of technology, finance and real estate. Co-founders Robert Jones and Dr Simone Di Cola started development on property xyz in 2019, which entered a beta phase in August
McDermott Will & Emery has advised Golub Capital LLC, as lender, on the cross-border financing of the acquisition by Pamplona Equity Partners of the Pelsis Group. Headquartered in the UK with facilities worldwide, Pelsis provides a wide range of products for the commercial and retail pest control and garden care
Evendo, the global leader in the online social events market today announced the raising of USD4.7 million in a Series A funding round. This will accelerate the company’s rapid expansion at a time where businesses and private individuals alike resume the planning and booking of social events online. This comes
ClearCourse Partnership (ClearCourse), a group of technology companies providing useful, integrated software solutions, is to acquire TISSL, a supplier of point of sale (POS) solutions to the hospitality industry. The acquisition strengthens ClearCourse’s offering in these sectors and provides further opportunity for integration of its ClearAccept platform. TISSL will join
Cornami has completed an early close to its currently over-subscribed USD50 million Series C financing led by SoftBank Vision Fund 2 to bring Fully Homomorphic Encryption (FHE) to market. Others participating in this round include institutional investors as well as other existing investors and insiders. FHE is a game-changer in
Permira, a global private equity firm which backs tech-enabled businesses, has signed an agreement with software investment firm Thoma Bravo, to make a significant strategic investment in Motus, a reimbursement software platform for the anywhere workforce. As part of the transaction, existing investor Thoma Bravo plans to reinvest and remain
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