Deals
Insightful Science, a software provider serving the global life sciences community, is to acquire Dotmatics, a cloud-based scientific R&D data management platform.
By integrating Insightful Science’s software applications into Dotmatics cloud-first enterprise data management solution, the company will provide an end-to-end scientific research platform. This combination further improves laboratory efficiency and accelerates the pace of scientific innovation by facilitating more rapid data access, analysis and exchange between scientists around the world.
Insightful Science is a software company with purpose-built data analysis and bioinformatics applications for life sciences. The company portfolio serves a diverse set of one million scientists in academic,
Gulf Capital, a growth markets alternative investment firm, has completed two strategic acquisitions of US healthtech companies for a total transaction value of USD60 million.
The majority stake investments in Eclat Health and Hansei Solutions will expand Gulf Capital’s healthcare-focused Revenue Cycle Management (RCM) platform. In 2018, Gulf Capital had already acquired a majority stake in ACCUMED Practice Management (Accumed), the leading RCM provider in the UAE and Saudi Arabia. Eclat Health (Eclat) is a Washington DC-based technology-enabled healthcare solutions provider, and Hansei Solutions is a tech-driven full-suite RCM operator based out of California.
In line with its buy-and-build strategy
Vórtx, a tech-enabled corporate and trust service provider for fund managers and corporate issuers in Brazil, has raised USD35 million in Series B funding, led by FTV Capital.
The funding will be used to accelerate Vórtx’s technology enhancements and market presence in the financial back-office market, as the alternatives market in Brazil continues to accelerate.
Vórtx was founded in 2015 by capital markets experts Juliano Cornacchia and Alexandre Assolini, and has since become a one-stop shop for fund managers and corporations alike, through its comprehensive core offering for fund administration and corporate services. Vórtx’s offering includes services in areas
Biomedical startup Adapttech has raised GBP2 million in a new venture capital funding round.
The round was supported by existing investors including the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund; Bionova Capital (formerly Hovione Capital), as well as new investors including ACF Investors, Wealth Club and Wren Capital.
The new funding will be primarily be used for new product developments, and to drive sales of the company’s INSIGHT system, which makes it faster and easier to correctly fit lower-limb prostheses and monitor the rehabilitation process.
Active Capital has sold Active Assurances Groupe, a native digital broker of car and health insurance products, to the Meilleurtaux group after three years of ownership.
Founded in 2011 by Thomas Riottot, Denis Salmoiraghi and Didier Naccache, Active Assurances has enjoyed uninterrupted growth since its launch. The company has quickly established itself as a leading independent online car insurance broker. With management centres in France and Madagascar, the Active Assurances group is set to generate 120,000 new policies during the 2020/2021 financial year (ending in June) and double its turnover.
The acquisition of Active Assurances will enable Meilleurtaux to
Lurra Capital AG, a Swiss-based private capital investment firm, has participated in a USD475 million funding round for New York-headquartered Dataminr, one of the world’s leading AI companies.
Lurra Capital, an existing investor of Dataminr, joins other leading investors including Eldridge, Valor Equity Partners, MSD Capital, Reinvent Capital, ArrowMark Partners, IVP, Eden Global and investment funds managed by Morgan Stanley Tactical Value in providing capital for Dataminr, whose AI platform detects the earliest signs of high-impact events and emerging risks from tracking publicly available data. Clients include Citi, Dyson, Shell and Vodafone.
Founded in 2009 by entrepreneur Ted Bailey,
UK start-up LGN has secured USD2 million in funding to help businesses outpace their competition by building better and more resilient AI models, faster and at scale.
With backing from the likes of Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover, LGNenterprises to scale out their use of edge AI and accelerate learning in the real world, rather than in labs and test environments. The company will use the investment to continue its mission of getting AI into the real world. supports
With spending on AI predicted to break the USD500 billion mark by 2024, and more than 50
PhoreMost, a UK-based biopharmaceutical company dedicated to ‘Drugging the Undruggable’, disease targets, has completed an oversubscribed GBP33 million (USD46 million) Series B investment round.
The round was led by BGF, the UK’s most active growth economy investor, and included new investors XtalPi Inc, Astellas Venture Management, Trend Investment Group and o2h ventures. Existing investors Parkwalk Advisors, Morningside Ventures, and Jonathan Milner also contributed.
The funding will be used to progress PhoreMost’s preclinical ‘Allosteric PLK1’ collaboration with Sentinel Oncology into the clinic in 2022. The programme is initially targeted towards Glioma. PhoreMost will also progress multiple additional internal first-in-class drug discovery
The Kempen European Private Equity Fund, the private equity investment fund of Kempen Capital Management (Kempen), has acquired a direct interest in the new entity that will be created as a result of the merger between software companies Medisys and Cityzen.
The merger will form a major software supplier in France for the development of specialised software for the healthcare industry.
The new entity that will be created as a result of the merger between Medisys and Cityzen will be a frontrunner in France in the field of healthcare ERP software, with a combined history spanning three decades. The
Argonaut Private Equity, a Tulsa, Oklahoma-based private equity fund, has acquired the assets of Pioneer Well Services, a subsidiary of Pioneer Natural Resources.
Located in the heart of the Permian Basin, the operation is now doing business as American Well Services and provides well service rigs for workover or completions operations and wellsite support services including, fluid transfer, hot oiling, frac tank rental and wellsite construction. American Well Services announced the retention of substantially all employees related to the operations, and an extensive amount of assets including a fleet of rigs, water hauling trucks, frac tanks, hot oil units, fishing
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
