Kensing, a manufacturer of Natural Vitamin E, Plant Sterols and high-purity surfactants, and a portfolio company of One Rock Capital Partners (One Rock), has acquired Vitae Naturals (Vitae), a producer of Plant Sterol Esters and Non-GMO Natural Vitamin E derivatives for the food, nutrition and skin care end-markets. Founded in 2000 in Talavera de la Reina, Spain, Vitae Naturals manufactures Plant Sterol Esters under the Vitasterol brand and Natural Vitamin E derivatives under the Vitapherole brand. Plant Sterol Esters have been clinically proven to naturally lower cholesterol and help fight heart disease when added to margarine spreads, yogurts, and supplements.

Employee engagement platform WorkBizz has raised £1.5 million in an investment round from from its existing backers Mercia and Foresight, both of which invested via the Midlands Engine Investment Fund (MEIF), alongside funding from private investors. The Milton Keynes-based company has more than doubled the size of its team since the original investment in March 2021, and now employs 35 staff, with plans to create an additional 15 jobs by the end of the year. Revenue has also more than doubled to £2m, while annual recurring revenue is continuing to grow by around eight per cent a month.   The

Doorvest – an online platform facilitating the ownership of high-yield rental homes – has secured a new $50 million asset backed credit facility with Pollen Street Capital, a fast growing, purpose led and high performing private capital asset manager. Launched in 2020 and based in San Francisco, Doorvest’s mission is to reduce barriers for average Americans to generate passive income by owning rental properties. Doorvest gets to know a customer and their investment goals before identifying and buying a property on their behalf, manages the renovations and places a resident in it, then sells the property back to the customer.

Clearlake Capital portfolio company Alkegen, a specialty materials platform that provides high performance materials used in advanced applications such as filtration media, battery technologies, high temperature insulation and fire protection, has acquired a controlling ownership interest in Luyang Energy-Saving Materials (Luyang), a Shenzhen A-share listed platform headquartered in Yuquan, Shandong province, China. Luyang produces energy-saving materials in the fields of ceramic fibres, soluble fibres, alumina fibres, and other high temperature insulating materials, and has been partnered with Alkegen since 2015.

OGCI Climate Investments (OGCI CI), a specialist decarbonisation investor, has invested in KeyState Natural Gas Synthesis (KeyState), a project company developing the first carbon capture and storage project in Pennsylvania, US. The project will integrate natural gas extraction, ammonia and automotive grade urea production, and CCS on a single 7,000-acre site.   The KeyState project could deliver significant near-term emissions reduction by storing CO2, as well as avoiding methane and CO2 emissions thanks to onsite natural gas production and vertical integration, and reduced transportation distance of products. Once operational, the site will enable CO2 cluster development to permanently store over

PennyWorks, a DeFi-based platform that tames the turbulence of investing with a safe and stable experience, has closed a $2 million pre-seed funding round led by Hi2 Global. This round of financing will help bring the PennyWorks platform to market while funding platform development, marketing, and operations.  The funding round included additional participation from Zachary Harl, former Chief Investment Officer at Bank of America, Putra Manggala, former Staff Data Scientist at Shopify and Leo Mizuhara, Head of Systematic Trading; Fixed Income Options at DRW Holdings, LLC. PennyWorks recently launched in April offering accredited investors the ability to invest in opportunities

New York-based private investment firm Tiger Global has led a $25 million Series A funding round in Battery Smart, a battery-swapping network for two- and three-wheeled electric vehicles (EVs), according to a report by Deal Street Asia. Blume Ventures and Orios Ventures also participated in the round having led Battery ventures $7 million pre-Series A round in November 2021. Co-founded by serial entrepreneurs and IIT-Kanpur graduates Pulkit Khurana and Siddharth Sikka, the India-based startup is planning to use the new funding to broaden its geographic footprint, boost its technology and add to its team.

UK boxing promoter Matchroom is reported to be in talks to sell a manirity stake in the business to a private equity investor, according to Private Equity Insights. The report cites a Twitter announcement by boxing analyst Michael Benson which claims that Matchroom CEO Eddie Hearn and his father Barry are set to pocket a substantial profit if the deal, which values Matchroom at between £600 million and £700 million, is completed. That would see the father and son duo receive up to £175 million if they opt to sell 25% of the business. Matchroom currently promotes some of boxing’s

TechInsights, an Oakley Capital (Oakley) and CVC Growth Partners portfolio company, has acquired Strategy Analytics, a leading supplier of syndicated research across the global consumer technology sector. Headquartered in Boston, Massachusetts, with a significant presence in Europe, Strategy Analytics supplies syndicated research across the global consumer technology sector, providing the deepest wireless and automotive coverage in the market. TechInsights and Strategy Analytics enjoy highly complementary content and customers as well as high proportions of recurring revenues. Integrating Strategy Analytics’ content into TechInsights’ platform will strengthen the business’s market position as the go-to information provider for the semiconductor sector, while also

3173 Limited has secured an investment into its group of businesses in the pensions industry that includes Dalriada Trustees Limited, Mantle Hosting Limited, and Spence & Partners Limited, from Synova. The funding will be used to consolidate the group’s existing market-leading positions in pension scheme trustee services, unique pensions software, consultancy, administration, governance, actuarial and investment services and facilitate the next phase of the group’s growth in an increasingly competitive pensions and financial technology industry.