Allocations
Valeas Capital Partners, a recently launched investor-operator focused firm led by Ed Woiteshek and Rob Little (former Hellman & Friedman colleagues) has led a USD70 million Series B equity financing round in Well Dot (Well), a consumer-focused health improvement platform that combines leading-edge artificial intelligence, advanced behavioural economic techniques and on-demand human guidance.
A new investor group of 12 prominent CEOs and senior managing partners at top-tier private equity firms also joined the financing, while existing investors General Catalyst and partners of Hellman & Friedman also participated. The company previously raised USD40 million in a Series A financing in 2020
Singular has led a EUR30 million Series A fuding round in Formel Skin, a healthtech startup. The funding will be used to expand the healthcare platform to new markets and launch additional medical treatments, as part of its mission to offer individualised, high-quality medical treatments online.
Other investors in the round include the HealthTech fund Heal Capital and existing investors Cherry Ventures, Heartcore Capital and Vorwerk Ventures. Since being founded in December 2019 Formel Skin has raised more than EUR36 million and is now one of the fastest-growing European HealthTech companies, having grown seven-times year-on-year since launch.
Commercial insurance specialist Broker Insights has raised more than GBP6 million in a Series A funding round led by Mercia.
Chroma Ventures, which first backed Broker Insights with seed funding in 2018, made a follow-on investment in this round, alongside a group of private UK and US investors.
The funding will enable further development of Broker Insights’ platform, which enables insurers to distribute their products more efficiently to regional brokers through automation and collaboration tools. It also provides real-time data to give them greater insight into companies’ insurance requirements.
Chroma Ventures is the investment arm of 4J Studios entrepreneurs
Maven Capital Partners (Maven) has exited its investment in Westfield Medical Group Limited (Westfield) via a trade sale to France domiciled Sterimed Group which generated a 2.2x blended return for investors.
UK-based Westfield is a provider of single use sterilisation barrier packaging and other sterilisation products to the public and private healthcare and industrial sectors. Its customers include NHS hospital sterile departments, private hospitals, industrial and medical device manufacturers.
Maven led the management buyout of Westfield in 2016, funded through Maven’s co-investment network for professional clients ‘Maven Investor Partners’. With the investment and support provided by Maven, the business has
Fast-growing lettings and estate agency, Lomond Group, has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander.
The move, which was supported by Lomond Group’s private equity partner LDC, brings the company’s portfolio of managed properties to 9,500 in Scotland, and significantly strengthens its presence in the Scottish central belt. It is the Group’s 24th acquisition in 2021 and means it now manages more than 30,000 properties throughout the UK.
DJ Alexander will continue to trade under its existing name, with founder David Alexander leading the Lomond business in Scotland as CEO. Andrew Seldon will
Kraken Ventures, an independent investment firm targeting early stage companies and protocols across the crypto and fintech ecosystem, has closed its first fund, Kraken Ventures Fund I LP at USD65 million.
A UK-based internet of things software platform provider has raised GBP2.1 million to accelerate international expansion.
Konektio received funding from both the Midlands Engine Investment Fund (MEIF) and Northern Powerhouse Investment Fund (NPIF), managed by Mercia and Foresight Group, along with existing investor Tern plc.
The funding will allow the Chesterfield-based business to further develop the product, boost its sales and marketing team, create a number of new highly skilled roles at its headquarters, and grow sales in international markets.
KKR Is to acquire Yayoi Co, a software developer, distributor, and support service provider for small- and medium-sized enterprises (SMEs) in Japan from ORIX Corporation (ORIX), an integrated financial services group.
KKR is making its investment from its Asia IV Fund.
Yayoi is the one of the largest financial and accounting software provider for SMEs and sole proprietors in Japan, best known for its namesake accounting and tax filing software, widely used by Japanese SMEs.
Kartesia, a European provider of capital solutions for small and mid-sized companies, has provided a loan facility to support The Rohatyn Group (TRG) and the Founders of Optimapharm in the refinancing and growth financing of the Company.
The Rohatyn Group is a global asset management firm with expertise in emerging markets and real assets, and strong expertise investing in Eastern Europe and the Healthcare sector. It acquired a majority stake in the Company from its founders in May 2020 and has since supported the Company in its international expansion via acquisitions and organic growth initiatives.
Kartesia has supported the Company
Future VC, which runs internship and development programmes, has opened applications for all of its global cohorts in 2022.
Future VC was established to support talented individuals from backgrounds that are currently under-represented in venture capital, to help them learn about and work in VC, and in doing so improve the inclusiveness of the industry. Future VC was launched by Diversity VC in 2017.
Due to Future VC’s successful expansion, there are now programmes live in the UK, France, Germany, Netherlands, Spain and on the East Coast of the US, which means Future VC can host participants from the world
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
