TOG (The Office Group) and Fora have agreed to merge, subject to regulatory approval. The combined group’s aim is to be the premier flexible workspace company in the UK and Europe, bringing together two highly complementary businesses with similar cultures and high quality, design-led workspaces. The demand for flexible workspace is growing rapidly across all sectors as businesses seek greater employee productivity, comfort and wellbeing, as well as providing a range of designs and amenities to suit different working styles and needs. These buildings are also selected with convenience in mind, with well-connected locations that suit more hybrid working in

Rollee, provider of an employment data platform that allows individuals to share their employment data, including income & activity, with lenders, insurers and many other businesses, has raised EUR4 million in venture capital financing.  Rollee has partnered with European VCs such as Speedinvest, Seedcamp, 20VC, and business angels from the fintech industry. Since its inception, Rollee’s had a European vision and plans to consolidate its French and British market position while expanding in Germany and Spain.  The new tech company aims to triple its workforce by the end of the year to achieve this. Rollee is creating a dynamic and

Mori, a food technology company focused on extending shelf-life to reduce waste and create more sustainable supply chains, has raised USD50 million in Series B1 financing round led by Prelude Ventures. Previous investors The Drawdown Fund, Acre Venture Partners, The Engine, Refactor Capital, Blindspot, Closed Loop Partners, Knollwood Investment Advisory also participated as well as new investors Collaborative Fund and Thia Ventures. Mori’s proprietary process uses just salt, water, and heat to extract natural silk protein that protects food and slows spoilage. It is seamlessly integrated into existing production processes, allowing customers across the supply chain to provide people with

German venture capital firm MIG Capital AG has closed a EUR3 million seed financing for French start-up Inbolt.  Led by MIG, the current round of financing involves SOSV, a global early-stage investor, BNP Paribas Development, the VC arm of the major French bank, and Laurent Dassault, one of France’s leading industrialists. Inbolt is developing a novel 3D tracking system for use in industrial manufacturing to digitally support manual operations and minimise errors. Manufacturing and maintenance in the aerospace and automotive industries, for example, require multiple precise steps. Safety-relevant tasks have to be logged in detail, and until now often by

SeaBeLife, a biotech company developing drug candidates intended to block cell necrosis, has received EUR1.37 million (USD1.49 million) in financing from Bpifrance.  This financing, which has been granted in connection with the French government’s ‘Deeptech Plan’, will contribute to research into first-in-class drug candidates for the treatment of acute liver, kidney, heart and brain disease.   These funds will enable SeaBeLife to develop drug candidates with the unique ability to simultaneously inhibit necroptosis and ferroptosis, two modes of regulated cell death that are activated in individuals living with certain pathologies. The objective is to protect or regenerate organs affected by

CoinShares, a European digital asset investment firm, has, following approval from the Swiss Financial Market Supervisory Authority, acquired an additional 20.8 per cent stake in Swiss-based FlowBank.  This acquisition was priced at CHF24,740,000. Following the Company’s October 2021 strategic investment of a 9.02 per cent stake in FlowBank, the deal brings CoinShares’ overall holding to 29.3 per cent, with voting rights equal to 32.06 per cent. To support its own product innovation CoinShares built Galata, a proprietary technology platform that acts as a gateway to the digital asset ecosystem, connecting CeFi platforms to digital asset protocols and markets. By leveraging

Insurtech MGA Loadsure has closed a USD11 million Series A funding round, led by MMC Ventures and Crowley, a global maritime, energy, and logistics company and existing investor Insurtech Gateway.  Loadsure, which delivered the industry’s first transactional cargo insurance platform and automated claims process, will rapidly scale its organisation to accelerate the development of its proprietary smart technology, increase its reach, and better serve the global cargo and freight insurance market through a more efficient, effective distribution chain. Loadsure, an international insuretech managing general agent, was the first to digitalise the full cargo insurance life cycle, bring one-click coverage to

Atlan announced has raised USD50 million in a Series B round led by Salesforce Ventures, Insight Partners, and Sequoia Capital India at a USD450 million valuation.  Several founders in the data space participated in the round including Fivetran founder Taylor Brown and ThoughtSpot founder Ajeet Singh. Existing investors Waterbridge Ventures also participated in the round. The latest investment comes just eight months after a $16M Series A led by Insight Partners and high profile angels like Bob Muglia, former CEO of Snowflake.

Audax Private Equity (Audax) has completed the sale of Smart Care Equipment Solutions (Smart Care), a provider of commercial kitchen equipment maintenance services, to Zone Climate Services, a provider of mission-critical refrigeration and HVAC services backed by Wind Point Partners.  Financial terms of the transaction have not been disclosed. Since partnering with Audax in November 2017, the Smart Care team executed on Audax’s Buy & Build strategy, completing 14 add-on acquisitions, growing to over 1,400 employees, and completing over 350,000 service events annually.

Capchase, a specialist in providing non-dilutive capital for recurring-revenue businesses operating in the US and Europe,  has raised USD80 million in a Series B investment round, led by 01 Advisors.  QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco and Gaingels also participated in the round. The additional $80M in funding comes after a year of rapid growth and product expansion. In 2022 alone, Capchase has expanded to the Netherlands, Belgium, Finland, Sweden and Denmark, and launched its new European headquarters in London.