True Global Ventures’ (TGV) portfolio company Forge Global Holdings (Forge), a global private securities marketplace, has completed its business combination with Motive Capital Corp (MOTV), a special purpose acquisition company sponsored by affiliates of Motive Partners, on the New York Stock Exchange on 22 March, 2022. This combination allows Forge to become a publicly traded company on the NYSE. The partnered company together with MOTV will be renamed Forge Global Holdings, with the common stock and warrants to be traded on the New York Stock Exchange beginning on 22 March this year. They will be listed under the tickers “FRGE”

Koolen Industries, a clean energy investor headed by Kees Koolen, has led a EUR30 million investment in ParkBee, a tech platform for off-street parking in Europe. Other investors include a number of leading (tech) entrepreneurs and investors, as well existing shareholders., including Statkraft Ventures, Innovation Quarter, management and personnel.  The new will be put to work in ParkBee’s continued expansion, both in existing markets and across Europe. Currently, ParkBee is well established in the Netherlands and the UK and is rolling out in Germany, France, Belgium and Ireland. We anticipate adding further countries in the near future.

Edge VC has invested in Pirate, a network of 24-hour studios that offers creatives the chance to record, rehearse, mix, dance, and play – whenever they want. The funding will help Pirate continue to provide grassroots creatives with accessible and affordable studio space, as well as supporting the development of their artist opportunities.  Pirate aims to offer theitsir community of 250k artists the chance to play festival stages and local gigs, attend workshops and masterclasses hosted by industry leaders, and find new ways of connecting with their audience.  In addition, the funding will bring to market a number of new

Private Equity company Bluewater has sold its interest in AXESS Networks (AXESS), having rapidly grown the business in its two and a half years of ownership. AXESS delivers international satellite connectivity solutions to corporations across the globe, many of which are often in hard-to-reach places where traditional sources of connectivity such as fibre and broadband are not available.   The sale of AXESS marks another successful exit by Bluewater from one of its portfolio businesses. It is also the first sale of a company in its Fund II.   Bluewater has sold the business to Hispasat, which is owned by

Livingbridge has invested in Nourish Care Systems (Nourish), a provider of digital care planning software to the UK social care sector. Livingbridge’s 20-plus years of social care, health care and software experience, will provide Nourish with the support to fully realise its mission of improving the lives of those in care, and empowering those who support them.   Founded in 2011, Nourish is a cloud-hosted Digital Care Planning Platform supporting care providers and carers in the evidencing, and accessing of care records, and enabling better care provision using data insight and reporting. Over the past few years Nourish has grown

Alpha Development, a specialist financial training provider, has secured substantial investment from BGF. The investment will support Alpha’s current growth plans, including further expansion into the United States, enhancement of Alpha’s product and go-to-market strategy.    Founded by Ian Dawson in 2003 but now headed by CEO Paul Monk, and with offices in London, New York, Singapore and Abu Dhabi, Alpha is dedicated to developing the careers of financial professionals worldwide.   Its core product is specialist Early Careers, Sales, Management & Leadership development for blue-chip financial services institutions, including the world’s top Investment Banks.

The North East Development Capital Fund (NEDCF), supported by the European Regional Development Fund and managed by Maven Capital Partners (Maven), and Gresham House Ventures (GHV), has completed a GBP3 million funding round for RevLifter, an AI-powered technology platform that enables brands to achieve their eCommerce goals through personalised deals and content. The transaction is split evenly between NEDCF and GHV.    In 2020 the Maven VCTs and GHV co-led a GBP3.3 million Series A funding round for RevLifter to support the rapid expansion of the business as it capitalised on several new growth opportunities driven by changing consumer behaviours

FlapKap, a company focused on e-commerce and SaaS growth in the MEA region, has completed a USD1.2 million funding round led by A15, a MENA venture capital firm, and one of the most prominent backers of early-stage start-ups in the region. FlapKap is a regionally contextualised version of Clearco and Wayflyer and the first company of its type in the Middle East.  Its primary value propositions are twofold: first, it offers online businesses AI-based insight to help them optimise their advertising spend and maximise profits. Then, it offers these businesses revenue-based flexible payment terms, on that advertising spend, to ensure

Decentriq, a Swiss enterprise SaaS platform providing the most secure and compliant data clean rooms, has closed a USD15 million Series A funding round led by Eclipse Ventures. Existing investors Atlantic Labs, btov Partners, and Paladin Capital Group also participated in the round.  Decentriq will use the investment to further accelerate the development and commercialisation of its data clean rooms based on AI, state-of-the-art encryption and privacy-enhancing technologies (PET). The funding will also be used to expand the types of analytical tools available on the platform, such as Python, R and machine learning, as well as PET features like synthetic

Lawyers from Carey Olsen’s corporate and investment funds practice in Jersey have acted for Falko Regional Aircraft Opportunities Fund LP and Falko Regional Aircraft Opportunities Fund II LP (the Jersey Funds) in relation to a proposed sale by affiliates of Fortress Investment Group LLC (Fortress) of Fortress’ equity interests in those funds to Chorus Aviation Inc (Chorus). The sale, which is valued at approximately USD855 million (including debt and cash assumed), includes Falko’s asset management platform and equity interests in 126 owned and managed regional aircraft. The combined company will have a total of 353 owned, operated, and managed regional