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Technology & Software

Pi Labs leads the latest investment in AI analytics platform Contilio

The UK-based construction analytics platform Contilio has raised an initial USD1.5 million led by the leading proptech VC Pi Labs to help drive expansion as the ConTech industry continues to grow. The breakthrough 3D AI construction analytics platform will use the funds to onboard more customers, further advance its product

DRS Investment sells logistics software specialist to proLogistik

Private investment company DRS Investment sells 100 per cent of the shares in the Swiss software company XELOG AG to proLogistik Holding in Dortmund.  XELOG will remain an independent company and bundles its resources and competencies in the field of warehouse management systems (WMS) with proLogistik and Dataphone forming the

UBCO secures USD10m investment

UBCO, a specialist in utility electric vehicles, has raised USD10 million by bringing on board investors Oregon based Seven Peak Ventures, Nuance Capital, global technology powerhouse TPK Holdings. This USD10 million funding comes off the back of a strong year for UBCO, including expansion across new and existing markets and

Enseo secures growth investment from HIG Capital

Enseo, a services provider offering in-room technology solutions to the hospitality, senior living, education, and healthcare markets, has secured a growth investment from alternative investment firm HIG Capital. With this investment, Enseo will rapidly accelerate growth, both organically and inorganically. Enjoyed by guests in more than 300,000 rooms worldwide, Enseo

Gresham Technologies completes USD38.6m acquisition of Electra Information Systems

Gresham Technologies (Gresham), a global fintech that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, has closed its acquisition of Electra Information Systems (Electra).  First announced in May 2021, the USD38.6 million acquisition reinforces Gresham’s market leadership position in reconciliation solutions for

Foresight appoints Sennen to digitise sustainable infrastructure portfolio

Foresight Group, a leading sustainable infrastructure and private equity investment manager, has appointed technology company Sennen to digitise its entire portfolio of sustainable infrastructure, worth around GBP6.1 billion.   Foresight started the digitalisation process with Sennen 12 months ago, beginning with its sustainable energy assets which are located globally.  

Tesseract raises USD25m in Series A funding

Tesseract, an institutional digital asset lending company in Europe and emerging markets which provides digital asset lending solutions to institutional clients, such as hedge funds and retail trading platforms, globally, has raised USD25 million in its Series A funding round.  The first funding round in Europe focusing on the sector

SK Capital to sell Niacet for over USD1bn

An affiliate of funds advised by SK Capital Partners (SK Capital) is to sell Niacet Corp (Niacet) to Kerry Group plc, the global taste and nutrition company, for USD1,015 million (EUR853 million) on a cash-free, debt-free basis, subject to customary closing adjustments. Following the acquisition, Niacet will be integrated into

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