Deals
London-based retailer agnostic mobile app Slip has secured GBP750k in a pre-seed fundraise ahead of its summer launch.
Founded in 2021 by Tash Grossman and Eddy Herman, Slip aims tosimplify the retail experience for customers by allowing its users to receive digital receipts via QR codes, view and manage their omnichannel spending and receive exclusive discount offers and personalised content based on their buying habits.
The company is backed by renowned retail experts with its advisory team having over a century of retail and IT experience at companies including Sainsbury’s, IBM, House of Fraser, Accenture, FARFETCH, John Lewis, Harrods and
Paragin, an education technology (EdTech) software company based in the Netherlands that provides solutions for the development of competency, knowledge and talent of students and professionals, is partnering with leading mathematics software specialist SOWISO.
The collaboration is backed by software investor Main Capital Partners (Main).
The combination of Paragin and SOWISO represents the first add-on acquisition for the buy-and-build strategy of the EdTech group since Paragin started its collaboration with Main in 2021.
Mitek, a leader in digital identity (ID) verification and fraud prevention, has acquired UK KYC (know your customer) technology specialist, HooYu.
The acquisition helps to ensure businesses know the true identity of their customers by linking biometric verification with real-time bureau and sanction database checks.
Through this acquisition, organisations gain a more complete picture of the consumer by marrying biometrics, ID document validation, geolocation and identity confidence scoring with real-time data signals such as bureau checks or matches to politically exposed person or sanction lists. HooYu’s orchestration capabilities will enable Mitek customers to optimise workflows and accelerate the deployment of
Handle.com, a software platform for construction payment compliance, has closed a USD10 million Series A funding round led by Energize Ventures and Ironspring Ventures.
Handle will leverage this funding to expand its support, engineering, and sales teams across the country.
Backed by Y Combinator, Handle already has some of the largest names in construction as customers, including publicly traded and Fortune 500 companies such as CRH/Oldcastle, and US Concrete.
Elbow Beach Capital, the decarbonisation, sustainability and social impact investor today announces its first investment, backing wastewater treatment and bioenergy company, WASE with an initial GBP400,000 investment, to be followed by a further GBP300,000, following closure of the oversubscribed Seedrs campaign.
Receiving further support from the Science Angel Syndicate, and the European Union’s Climate-KIC’s investment support programme Found by Us, Funded by You, WASE has raised over GBP1 million.
Funds raised this round will go towards installing a commercial industriWASE Biocentre system at Hepworth Brewery, progressing WASE’s sales pipeline, increasing R&D spend and supporting key hires across the commercial,
MidOcean Partners (MidOcean), a New York-based alternative asset manager specialising in alternative credit investments and middle-market private equity, has made senior-level promotions in its credit business, including Robert (Tripp) Sullivan to the firm’s Investment Committee, Michael Levitin to Portfolio Manager, and Carol Chung, Adam Goldberg and Opal Leung to Principal.
Sullivan joined MidOcean in 2016 and was appointed to the firm’s Investment Committee in 2022.
Levitin joined MidOcean in 2015 and was promoted to Portfolio Manager in 2021, where he joins existing portfolio manager Ryan Dean in providing portfolio management responsibilities to the MidOcean Absolute Return fund and certain customized
MixMode, a provider of self-learning solutions to detect cyberattacks in real time, has raised USD45 million in a Series B funding round led by PSG, a growth equity firm that partners with middle-market software and technology-enabled services companies to help accelerate their growth.
Existing investor Entrada Ventures also participated in the round.
MixMode delivers a self-learning platform that helps enterprises and agencies detect and protect their networks against the most advanced cyberattacks.
Bower, an app that directly rewards users with money or coupons when they recycle everyday waste items, has raised EUR4.1 million (USD4.7 million) in a Late Seed round.
The round was led by blq Invest, a new investor in the company, together with existing investors, Almi Invest GreenTech, Verdane Foundation, Orkla Ventures and other major investors participating.
Bower has raised EUR5 million (USD5.7 million) in investment to-date.
Blue Horizon, a pure play impact investor in the future of food, has invested in Syocin Biotech, a synthetic biology startup focusing on improving food availability and protecting crop production in balance with Nature.
Blue Horizon today announced a Seed portfolio investment in Syocin, a cutting-edge biotechnology company developing high-precision, non-toxic, fully bio-degradable protein-based solutions to protect food crops from bacterial diseases. Blue Horizon co-invested in Syocin with the LATAM biotech fund GRIDX and the European GISEV Family Office, anticipating Syocin’s Seed round that will be opened in the coming months.
Syocin is developing a proprietary Synthetic Biology Platform capable
Fair Harbor, a sustainable lifestyle brand, has secured an investment from Broad Sky Partners, a private equity firm that partners with leading middle market business services and consumer companies.
Terms of the transaction, which marks Fair Harbor’s first institutional capital, have not been disclosed.
Fair Harbor plans to use the investment from Broad Sky Partners to fuel its expansion into new product lines, retail channels and sustainability initiatives.
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