Pembroke VCT plc, the venture capital trust focused on backing early-stage businesses, has achieved a record fundraise of £46 million. New investors have gained immediate access to a maturing portfolio of growing businesses and to a well-established dividend paying VCT. The portfolio includes high growth, innovative brands – such as Popsa, One Plan, COAT Paints, LYMA, and Thriva – in the design, education, food, beverage & hospitality, wellness, digital services and media sectors.

Maven Capital Partners (Maven), a UK investor, has made a £15 million investment in ProofID, provider of identity and access management (IAM) services. Founded in 2014, ProofID provides consultancy and managed services for enterprise customers across the UK, Europe and North America from its headquarters in Manchester and offices in Colorado Springs. 

Foresight Group (Foresight), a listed private equity and infrastructure investment manager, has led a £1.7 million funding round into Nebu~Flow, an innovative medical device company developing surface acoustic wave (SAW) nebulisers, enabling the delivery of next-generation respiratory pharmaceuticals. The investment round was led by Foresight Williams Technology (FWT), a joint venture between Foresight and Williams Advanced Engineering (WAE).

Guider has raised $3 million seed investment with leading early-stage VC, Fuel Ventures, to grow its career development platform and expand its international operations.

GLAS, an independent provider of institutional debt administration services, has received an investment from mid-market private equity firm, Levine Leichtman Capital Partners (LLCP).

The first close of Allianz Global Investors’ Asia Pacific private credit fund has raised €450 million, according to a report from Citywire.

Tumelo, an impact-focused fintech, has completed a round of funding and has raised $19m in a Series A round led by Treasury, a US-based Fintech venture. Further investors include Legal & General (L&G), Fidelity International Strategic Ventures (FISV), Nucleus Adventure Capital, Lance Uggla, previous CEO of IHS Markit, and Jim Wiandt, founder of ETF.com.  They join Tumelo’s existing investors, including Jeremy Coller, CIO of Coller Capital and founder of the FAIRR Initiative, a collaborative investor network that raises awareness of the investment risk brought about by intensive livestock production.

Arcadia, the technology company working with energy innovators to fight the climate crisis, has raised $200 million in a funding round. The round was led by an inaugural investment from JP Morgan Asset Management’s Sustainable Growth Equity Team. The financing round features a series of new investors, including JP Morgan’s recently launched Sustainable Growth Equity Team, with participation from additional new partners Keyframe Capital, Broadscale Group, and Triangle Peak Partners, and existing partners Camber Creek, Tiger Global Management, Wellington Management, Salesforce Ventures, and Drawdown Fund.

Lead Capital Partners (LCP), a Nashville-based private equity firm focused on lower middle market buyouts of healthcare companies, has sold Common Cents Systems, (ApolloLIMS), to CliniSys Group (CliniSys), a subsidiary of Roper Technologies. Terms of the transaction were not disclosed. Silvermark Partners LLC served as financial adviser to ApolloLIMS, and Hughey Business Law, PLLC served as legal counsel.