Lapse, a photo-sharing app enabling groups of friends to avoid the pressures of traditional social networks by emulating the experience of film cameras, has closed an USD11 million seed round led by Octopus Ventures and GV (formerly Google Ventures).
Middle Eastern private equity firm Foursan Group has acquired a 49 per cent stake in Jo Academy, an online private tutoring platform based in Jordan. Jo Academy established its preeminent reputation by offering online supplementary courses (pre- recorded and live) to Grade 12 students enrolled in the Jordanian national program
Commercial insurance specialist Broker Insights has raised more than GBP6 million in a Series A funding round led by Mercia. Chroma Ventures, which first backed Broker Insights with seed funding in 2018, made a follow-on investment in this round, alongside a group of private UK and US investors. The
Fast-growing lettings and estate agency, Lomond Group, has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The move, which was supported by Lomond Group’s private equity partner LDC, brings the company’s portfolio of managed properties to 9,500 in Scotland, and significantly strengthens its presence in
Kraken Ventures, an independent investment firm targeting early stage companies and protocols across the crypto and fintech ecosystem, has closed its first fund, Kraken Ventures Fund I LP at USD65 million.
A UK-based internet of things software platform provider has raised GBP2.1 million to accelerate international expansion. Konektio received funding from both the Midlands Engine Investment Fund (MEIF) and Northern Powerhouse Investment Fund (NPIF), managed by Mercia and Foresight Group, along with existing investor Tern plc. The funding will allow
KKR Is to acquire Yayoi Co, a software developer, distributor, and support service provider for small- and medium-sized enterprises (SMEs) in Japan from ORIX Corporation (ORIX), an integrated financial services group. KKR is making its investment from its Asia IV Fund. Yayoi is the one of the largest financial and
Future VC, which runs internship and development programmes, has opened applications for all of its global cohorts in 2022. Future VC was established to support talented individuals from backgrounds that are currently under-represented in venture capital, to help them learn about and work in VC, and in doing so improve
RosterLab, a newly-formed rostering software company, has closed NZD150,000 in pre-seed funding from Quidnet Ventures, an early-stage venture capital fund based in New Zealand. The NZD500,000 total round was led by Matū Fund, with participation from Quidnet Ventures and the University of Auckland Investors’ Fund. This funding will support the
Kingfisher Investment Advisors has led a USD30 million Series B funding round in SkySafe, an airspace security and management technology company. New investors Gaingels, and MIT alumni investment fund Castor Ventures also participated along with previous investor Andreessen Horowitz, who led the seed and Series A investments. To date, SkySafe
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