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Akur8 raises USD30m in Series B funding

Akur8, an insurtech automating insurance pricing with its proprietary Transparent AI, has closed a Series B funding round of USD30 million, bringing its total funding to USD42 million.  The investment round closed less than two years after the P&C and health insurance pricing SaaS solution provider first commercialised its platform,

Inflexion completes acquisition of Oslo-listed Infront and appoints Chair

Inflexion has completed the acquisition of Infront ASA, a European provider of financial market data and software solutions currently listed on the Oslo Stock Exchange.  The founders of Infront, CEO Kristian Nesbak and CIO Morten Lindeman, are reinvesting a portion of their proceeds alongside Inflexion. The investment is being made

Alter Domus launches AIFM and specialised depositary services in Ireland

Alter Domus, a provider of integrated solutions for the alternative investment industry, has launched an Alternative Investment Fund Manager (AIFM) and specialised depositary services in Ireland.  The launch of an AIFM management company follows approval by the Central Bank of Ireland (CBI) for the acquisition of Beechbrook Capital’s Irish AIFM,

EQT Private Equity invests in Parcel2Go

EQT Private Equity (EQT) has acquired a stake in Parcel2Go, a UK largest parcel delivery marketplace and e-commerce shipping platform, from Mayfair Equity Partners (Mayfair), management and certain selling shareholders.

WestCap leads strategic investment round in Templum

Templum, a provider of next-generation capital markets infrastructure for alternatives and private securities, has closed a strategic financing round led by WestCap.  The partnership enables Templum to expand on marketplace services for its growing list of global clientele and enhance liquidity for institutional and retail investors across the ecosystem. Templum

GP Bullhound invests Lingokids as part of USD40m funding round

GP Bullhound has made a new investment in Lingokids, an educational platform for children, as part of a Series C funding round of USD40 million led by an undisclosed investor, with participation from existing investors HV Capital, and Ravensburger among others. Launched in 2016, Lingokids is the playlearning app for

carwow acquires Wizzle

Car buying comparison specialist, carwow has acquired used car buying platform, Wizzle. carwow, which investment backers include Vitruvian Partners, Balderton Capital, Accel, Episode 1 and Daimler, connects more online car buyers with more dealers and OEMs than any other online marketplace and is the brand of choice for more than

Women make up just 27 per cent of Spanish venture capital teams

Private capital investments in Spain reached a record volume in 2020, totalling EUR6.27 billion, a growth of 33 per cent of the volume reached in 2019. However, in this booming sector, diversity does not move at the same pace: while many of the jobs that are not directly related to

Bitwise Asset Management completes USD70m Series B, valuing the company at over USD500m

Bitwise Asset Management, one of the world’s largest cryptocurrency index fund managers, has raised USD70 million in a Series B funding round led by Elad Gil and Electric Capital. New backers include Daniel Loeb’s Third Point LLC, Daniel Och’s Willoughby Capital, Louis Bacon’s Moore Strategic Ventures, Paul Eisenstein’s Vetamer Capital,

Beyond HERizons programme launches to support UK female founders

Beyond HERizons, a new initiative from London & Partners’ Silicon Valley Comes to the UK (SVC2UK) programme designed to specifically tackle the funding gap that exists in the investment landscape, has launched its inaugural cohort of female founders. 

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