Manchester digital agency RUN2 has received a GBP500,000 investment  from  >_fund:tmt, a dedicated fund for fast-growing tech and media companies, which will be used to expand and implement a new AI platform for online client hyper-personalisation and recommendation engines. The platform promises to completely transform the output of the agency. The investment comes following a period of significant growth for RUN2, which has achieved double digit growth and annual turnover approaching GBP1m for last year. RUN2’s owner, Christian McGinty, says: “It’s been an incredible journey for us so far; achieving the growth we have for the past year is testament

Inverness Graham Investments, a private investment firm that targets tech-enabled manufacturing, service and software companies, has acquired Syntrio and Lighthouse Services (Lighthouse) to create a new governance, risk and compliance (GRC) solutions company.  Based in Chicago, Syntrio is a provider of proprietary online compliance, ethics and workplace training courses. Lighthouse is a provider of reporting hotline services managed through a proprietary case management software solution. Together, the combined business will provide an integrated GRC solution to address the ethics, compliance, workplace reporting and case management needs of US companies. “The combination of Syntrio and Lighthouse represents an opportunity to build

Budderfly, a specialist in the Energy Efficiency as a Service market, has announced a new USD55 million in growth equity and project debt funding led by Balance Point Capital with participation by Connecticut Innovations.   This funding, together with the previous USD22 million funded over the past 24 months by Edison Partners, Founder and CEO Al Subbloie, Budderfly senior management, the State of Connecticut through the Department of Economic & Community Development, and others, will be used to scale customer project installations, accelerate Budderfly’s go-to-market efforts and expand product growth. Combined with expected vendor partner financing, Budderfly is now fully

The North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund and managed by Maven Capital Partners (Maven), has invested GBP4.7 million in eight dynamic growth businesses across the North East, driving economic prosperity, safeguarding over 400 jobs. Maven was appointed to manage the GBP27 million NEDCF in May 2018 to provide investment capital to support the growth of innovative and ambitious businesses across a wide range of sectors and in a variety of funding scenarios. Maven has participated in investments ranging from GBP350,000 to GBP7 million in local businesses across the North East and has also

Pamlico Capital (Pamlico) is to make a strategic growth investment in Digitech Computer (Digitech), a leading provider of Revenue Cycle Management (RCM) and technology solutions for Emergency Medical Services (EMS) transport providers.  Founder and CEO Mark Schiowitz and the Digitech management team will maintain a significant ownership position and continue to manage the growth of the Company with support from Pamlico. Further terms of the transaction were not disclosed.  “This marks a new chapter for Digitech, and the next step in evolving the industry’s foremost billing platform dedicated solely to EMS,” says Mark Schiowitz, CEO of Digitech. “Our mission is

Following a GBP6.3 million equity investment in 2018, pioneering airspace developer Apex Airspace (Apex) has secured a further GBP3 million equity investment from BGF, the UK’s most active investor in growing businesses, to help roll out airspace developments across the UK and support business growth. The latest wave of funding, which brings Apex’s tally to GBP22 million in 2019, will help fund the delivery of its growing pipeline of opportunities in London, Bristol and Birmingham as well as positioning the company for continued growth. This will include investment in new technology, market research to identify further airspace development potential across