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Digital ID start-up cheqd raises USD2.6m

cheqd – a start-up providing technology that could drive widespread uptake of digital IDs – has secured a USD2.6 million (GBP1.9 million) investment to support the launch of its product later this year. The latest funding round was backed by Outlier Ventures, Evernym, TitanBlock, Torque, 3GR and a consortium of

Abris-backed Global Technical Group acquires Lummetry.AI

Global Technical Group (GTS), a Romanian developer of software for the security industry, backed by Abris Capital Partners (Abris), has acquired Lummetry.AI, a Romanian artificial intelligence business.  The transaction will further strengthen GTS’s position as a market leader in software solutions for physical security automation.    GTS was founded in

Mirakl secures USD555m in Series E Funding

Mirakl, an enterprise marketplace SaaS platform, has raised USD555 million in a Series E funding round led by Silver Lake, with participation from long-term investors 83North, Elaia Partners, Felix Capital, and Permira. The new funding increases the company’s valuation to more than USD3.5 billion. Mirakl’s valuation has more than doubled

GI Partners-backed LightEdge acquires Cavern Technologies

LightEdge, a provider of colocation, cloud and managed service solutions, has acquired Cavern Technologies, an enterprise-grade data centre provider in Kansas City. Cavern Technologies was founded in 2007 as the area’s first colocation data center and is Kansas City’s largest colocation provider today. The natural limestone environment of Cavern’s underground

Hayden AI raises USD20m in Series A round led by TYH Ventures

Hayden AI, a smart city solutions provider that developed the world’s first autonomous traffic management platform, has raised USD20 million in a Series A funding round led by TYH Ventures with participation from previous investors Autotech Ventures, BootstrapLabs and Modern Venture Partners, bringing the company’s total funding to over USD30

Seraphim completes Investment in Arqit Quantum Inc

Seraphim Space Investment Trust (LSE: SSIT), the world’s first listed fund focused on Space Tech, has acquired a holding in Arqit Quantum Inc. (Arqit) from the Seraphim Space LP (Seraphim Space Fund).  As set out in the IPO prospectus, Seraphim Space will acquire four assets from the Seraphim Space Fund

RLDatix completes acquisition of Allocate Software

RLDatix, a specialist in governance, risk and compliance (GRC) solutions for healthcare, has completed the acquisition of UK-based Allocate Software (Allocate), a provider of human capital management solutions that help healthcare organisations deliver safe and effective care.  With the completion of this acquisition, RLDatix cements its position as the global

eVisit closes USD45m in Series B funding round led by Goldman Sachs Asset Management

eVisit, a Virtual Care platform for large healthcare providers, has closed a USD45 million Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders.  eVisit

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