Deals
Peak, a software maker helping businesses use AI, has raised USD12 million in an extended Series A funding round led by existing investors MMC Ventures and Praetura Ventures.
This fresh investment brings Peak’s total amount of funding to USD18 million. Peak will use the incoming capital to support its rapid growth and commercial expansion, and to ramp up investment in research and development.
Peak is marketing its AI Systems, a new category of enterprise software with the goal of enabling mass adoption of AI solutions across industries. The company says that the AI era is “the fourth industrial revolution”, and
Keensight Capital, a private equity manager focused on pan-European growth buyouts, has completed the sale of smartTrade, a multi-asset electronic solutions firm.
Earlier this year, Keensight Capital had announced that it had entered into an agreement to exit smartTrade Technologies.
Founded in 1999 and headquartered in France, smartTrade Technologies has developed an automated trading platform which enables fast access to a wide range of liquidity for foreign exchange, fixed income, equities, cryptocurrencies, and derivatives.
The final completion of this deal, which gathered parties spreading all over Europe, took place in an innovative, highly secured manner, thanks to a fully
With USD46 billion of dry powder available to deploy through year end, secondaries market activity is expected to increase in H2 2020, according to Cebile Capital’s Q1 2020 secondaries buyer report.
New figures also revealed that the private equity market expects a material decrease in sellers in the secondaries market, which will impact higher pricing in H2 2020.
“The record amount of dry powder available for secondary buyers to deploy coupled with innovative transaction structures will allow for robust secondary market activity in the second half of the year,” said Sunaina Sinha, managing partner at private markets advisor Cebile Capital.
EQT Ventures has led a EUR4 million funding round in Helsinki-based mobile games studio Reworks, as well as the official release of its first game Redecor, a home decor game.
Play Ventures and Anton Gauffin, founder and CEO at Huuuge Games also joined the round. The fresh capital will be used to expand and develop Redecor, according to the company.
EQT Ventures partner Lars Jornow joins the board at Reworks, bringing with him experience from King, where he helped create its first Facebook and mobile games including Candy Crush Saga. He also led EQT Ventures’ exit of Small Giant Games
One Utility Bill, a tech firm focused on simplifying utility billing for tenants, landlords and letting agents, has raised GBP1.7 million to further develop its platform and expand its business. The funding round was led by DSW Angels, the venture capital business of the Dow Schofield Watts group, and included existing investors the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures.
One Utility Bill, which is based in Newcastle, consolidates household bills into one simple monthly payment, which can be split equally between housemates. The company manages energy, water, broadband, media and TV
Ingenious today announces that its Infrastructure Ventures EIS Service has led a USD4 million A-series investment round in Shoreline. The Norway-based start-up has built an intelligent field operations and project development platform to help develop profitable wind projects by constructing and operating them efficiently using schedule optimisation and simulation.The investment will allow Shoreline to capitalise on the rapid growth in the renewables market, which it believes has resulted in larger and more expensive projects. Shoreline will also be able to enhance its service to existing wind farms and assets that require service providers, project developers, OEMs, and operators to look
LGB Corporate Finance has advised multinational advertising and media company Whalar on the establishment of a secured working capital facility from Praetura Commercial Finance, an alternative debt and equity funding business.Based in London, with offices in Berlin, Los Angeles, Malaga, New York, and Singapore, Whalar is a modern media agency which employs around 100 people across its global structure. The company specialises in technology-driven influencer marketing and branded content, and is the only approved partner to Facebook, Instagram, and Snapchat within this space.
Whalar’s tech platform is home to over 5,000 influencers from across the world with a combined follower
IW Capital today announces the completion of a GBP2 million investment in GPDQ, providing a welcome boost to healthcare provision in the UK as demand surges during the Covid-19 pandemic.GPDQ delivers CQC-certified primary healthcare services by mobilising innovative NHS GPs, nurses, pharmacists and other specialists to meet patient demand right across the UK. As the leading multi-channel doctor-on-demand service, The Company has been using its technology platform to connect its extensive network of clinicians with thousands of NHS and private patients through home visits, in-clinic or via video since 2015.
The investment from private equity specialists IW Capital will be
Macfarlanes has advised private equity firm Epiris on the completion of the sale of TI Media, the large UK publisher previously known as Time Inc UK, to Bath-based media company Future.TI Media owns a diverse portfolio of publications including Ideal Home, Wallpaper and Horse & Hound, and sells over 350 million magazines every year.
Macfarlanes also advised Epiris on the purchase of TI Media from Meredith Corporation in February 2018. Since the purchase, Epiris has refocused the business, selling several titles and its portfolio of comics. This will be the first significant realisation of Epiris Fund II.
The Macfarlanes
TigerRisk Partners, a risk, capital and strategic adviser to the global insurance and reinsurance industry, has partnered with private equity firm Flexpoint Ford to enhance its ability to assist clients as well as provide additional capital and expertise in the current unprecedented market environment.TigerRisk’s management team, including CEO and co-founder Rod Fox, and president Rob Bredahl, will remain in their current roles. Current employees will remain significant shareholders in the company.
“Our partnership with Flexpoint Ford will provide us with the added resources to help our clients navigate this difficult period, capitalise on a dynamic competitive landscape and continue our
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
