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Fintech attracts record-breaking investment in H1, says KPMG

10 August 2021

Overall global fintech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends.  Dry powder cash reserves, increasing diversification in hubs and subsectors, and strong activity across the world contributed to the

Eos Venture Partners hires General Partner

10 August 2021

Eos Venture Partners (Eos), a venture capital fund focused exclusively on the insurtech sector, has hired Zach Powell as General Partner. Powell brings deep industry experience to Eos as he has spent the majority of his career as a principal investor in the financial services sector with a focus on

Kroo secures GBP17.7m in Series A funding

9 August 2021

Kroo Ltd has raised GBP17.7 million in a Series A funding round led by tech entrepreneur and founder of Karlani Capital, Rudy Karsan. The capital raised will be used to mobilise the bank ahead of its launch in early 2022.   Kroo’s goal as a social bank is to remove

Phillips 66 invests in Seeq

9 August 2021

Phillips 66 has made an investment in Seeq, a developer of software applications for analysing and sharing insights on process manufacturing data. The investment is through the Altira Group, a venture capital firm that counts Seeq as one of its portfolio companies. It is the first investment by Phillips 66’s

Raiven Capital invests in Scopio

6 August 2021

Raiven Capital, a Canada-US, early-stage venture fund, has invested in AI-driven platform Scopio, which allows artists from everywhere to sell their images – photography, art, illustrations – anywhere. Currently, artists from 150 countries are represented on the site.

Shoosmiths advises EdTech company Kortext in latest investment round

6 August 2021

UK law firm Shoosmiths has advised Kortext, a Bournemouth-based university-focussed digital teaching and learning platform, in securing a GBP15 million series B investment from DMG Ventures, the venture capital arm of Daily Mail and General Trust plc, that has previously backed companies including Cazoo and Zoopla. Kortext has been a

Team Odeon raises EUR2 million for its educational and career choice site, Degree Choices

5 August 2021

US-focused startup Team Odeon has raised EUR2 million in funding towards its higher education and career choice focused website, Degreechoices.com.  Investors include venture capital fund Lighthouse Ventures, a group of European private equity investors from the performance marketing sector, and its founder Ory Weihs. Founded in late 2020, Odeon offers

OvareVentures invests in Brooklyn-based Fort Hamilton Distillery

4 August 2021

OvareVentures has announced a multifaceted investment in Fort Hamilton, producer of super-premium rye whiskies, bourbons, and soon, gin. Fort Hamilton was founded in 2016 by entrepreneur and distiller Alex Clark, who was formerly instrumental in the launch and growth of Brooklyn’s Widow Jane distillery. Fort Hamilton whiskies are distilled from

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