Deals
Acrew Capital and Mubadala Capital have invested USD29.5 million in a Series A financing round for San Francisco-based health and wellness platform Paceline, which rewards its users for exercising with financial incentives.
The round was led by Acrew Capital, with participation from Mubadala Capital along with existing investors, and the firms will aim to guide the platform’s expansion and support scale amid growing consumer demand, according to the company.
Fitness-technology app Paceline will specifically use the fresh capital to build out its team as the company expands their rewards program, and intends to extend the rollout of a full embedded financial platform later this
Online flowers and gifts delivery specialist Floward has raised GBP19.8 million (USD27.5 million) in a Series B funding round led by STV with participation from Impact46.
Established in 2017 by Founder and CEO Abdulaziz B Al Loughani, Floward is a fully-fledged e-commerce solution that offers prime fresh-cut flowers coupled with gifts and products from local and international brands with same day delivery. This fragmented sector has traditionally been largely dominated by brick-and-mortar shops with almost no presence online, giving Floward the opportunity to become the market leader in the MENA region.
Floward has earned a leading market position in the
Global private markets firm Partners Group, on behalf of clients, has agreed to acquire a controlling equity stake in Dimension Renewable Energy (Dimension), a distributed energy platform focusing on community solar and battery storage across the US.
Dimension is focused on originating, developing, financing and operating community solar and battery storage facilities across the US and has developed a deep pipeline of over 180 projects totalling over 800 MWs of solar capacity, and over 800 MWhs of battery storage across eight states. Dimension’s projects will serve residential, commercial, and industrial subscribers from the local community where the projects are
Foresight Group (Foresight), an infrastructure and private equity investment manager listed on the London Stock Exchange, and Williams Advanced Engineering (WAE) have made a GBP1 million follow-on investment in INSPHERE Limited.
INSPHERE is a manufacturer of advanced measurement technologies that bridge the gap between metrology and automation, and enable manufacturers to transition to smarter “Industry 4.0” systems.
Measurement technologies currently only check completed parts at the end of the production line. Faults can occur when a robot is not set up correctly or drifts even slightly out of position. The resulting defective parts are either scrapped or require expensive
Zouk Capital has made a GBP6.4 million investment into char.gy, an on-street EV charge point operator and eMSP (eMobility Service Provider), which is rolling out on-street residential electric vehicle charging points in the UK.
char.gy was launched in 2016 with the goal of solving residential electric vehicle charging for people without off-street parking. char.gy is the most convenient way for drivers to charge an electric vehicle on their street as it utilises existing street infrastructure and an existing grid connection to provide two key solutions. This is either a lamppost smart charge point that fits onto an existing lamppost or
UK-based agency Wooshii, which provides video content and software tools for blue-chip companies around the world, has secured additional investment from YFM Equity Partners’ (YFM) managed funds to support its continued growth trajectory and further technology investment.
Founded by CEO, Fergus Dyer-Smith, over the last 10 years, Wooshii has reinvented the video production offering by giving clients the convenience and quality of a traditional production service with the additional benefits of a decentralised, global creative network, connected and enhanced by proprietary technology. This enables the business to provide clients with a video content management solution that scales with their needs,
Plant-based meat brand THIS has secured GBP11 million in a Series A investment co-led by BGF, and Lever VC.
THIS has also grown at a record-breaking rate of 530 per cent (April ’21 vs ‘20). Having only launched two years ago, this is one of the highest ever growth rates for a UK food brand, let alone meat-alternative brand, signifying a major step change for the food industry.
THIS was founded in June 2019 by Andy Shovel and Pete Sharman as a plant-based food brand for meat-lovers. Following two years of extensive research and development with a team of
Perwyn, a family-backed private equity and growth capital investor, is pleased to have led a EUR10 million Series A funding round in Secret Sales, a premium ecommerce marketplace for fashion, footwear, accessories, beauty and homeware.
Secret Sales’ revolutionary new business model is disrupting the discount sector and ingeniously solving excess inventory problems with its direct to consumer digital channel, allowing brands and retailers to sell stock profitably, while maintaining brand equity and identifying new customers in compliance with GDPR. The business has grown by 4,000 per cent since launching in March 2020, and is currently showcasing over 700 brands on
Investcorp, a global provider and manager of alternative investment products, has acquired CloudCare. Terms of the transaction have not been disclosed.
Established in 2011 and headquartered in Rome, Italy, CloudCare is a tech-enabled platform active in the energy, telecommunications and insurance markets where it operates as a channel partner and digital broker, connecting consumers and service providers through both its own proprietary online platform and clients’ web platforms. CloudCare’s website, Comparasemplice.it, is a leading online platform for consumers in Italy to compare prices for energy, telecommunications, motor insurance and personal finance products. The Company’s differentiated proposition is underpinned by a
Hg, a global software and services investor, has agreed the sale of Allocate, a workforce and people management software-as-a-service (SaaS) provider to healthcare and government organisations, to RLDatix, a global provider of intelligent patient safety solutions.
The terms of the transaction have not been disclosed and completion is subject to customary closing conditions.
Allocate Software is a leading international provider of Human Capital Management solutions, supporting the operational and administrative needs of health, care, government organisations and commercial sectors. In the health and care sector, Allocate is enabling the delivery of safe and effective care at optimal cost, by
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
