Allocations
Tidal energy specialist Nova Innovation has secured GBP6.4 million from the Scottish National Investment Bank to fund manufacturing and distribution of its subsea tidal turbines. The investment will see Nova increase its presence across the UK and expand into new global markets.
The Edinburgh-based company’s innovative 100kW tidal turbines have been transforming the power of the sea into clean, predictable energy in Shetland since 2016. By focusing on scalable solutions, Nova has been able to install, adapt and enhance its technology on site, creating a reliable and replicable product for mass production.
Nova’s turbines can be used to generate
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the refinance of NationsBenefits.
Additionally, The Pritzker Organization, Denali Growth Partners, and Monroe Capital provided equity capital to enhance the existing service offerings and support future growth of the Company.
Founded in 2015 and headquartered in Plantation, Florida, NationsBenefits is a leading supplemental benefits company that guarantees cost savings and long-term health outcomes to managed care organisations. Nations provides customised healthcare management solutions, based on clinically-focused interventions that maximise quality and deliver value-based outcomes. The organisation has been consecutively
Alera Group an independent, insurance and financial services firm, is to merge with Propel Insurance Agency (Propel), one of the nation’s top 50 largest privately held insurance brokers.
Headquartered in Tacoma, Washington, Propel’s leading property and casualty capabilities will bolster Alera Group’s presence in the Northwest and Southeast regions, complementing the company’s current insurance and financial services offerings.
To further position the combined company for future growth and in support of the merger, Alera Group will also undergo a recapitalisation. Alera Group has secured new capital from its existing private equity partner, Genstar Capital, which helped form the company
CollegeDekho, a Indian college admissions and education services platform, has raised USD26.5 million in an ongoing (and oversubscribed) series B funding round led by Winter Capital Partners, ETS Strategic Capital – the private equity investments arm of ETS, Calega, and existing investors Man Capital and Rajeev Chaba.
The company had last raised USD8 million in May 2019.
With this funding round, the company plans to further improve its offerings for students and colleges, increase its investment in product & technology, expand internationally and grow new verticals like Ed-Fin-Tech and Student Accommodation.
With an aim to institutionalise higher-ed counselling,
Aviva Technology Holding has secured USD26.5 million in a Series A funding round led by Dr Sehat Sutardja and Weili Dai (Founders of Marvell Technology Group) and other prominent semiconductor industry investors with participation from SAFE round investors.
Bringing the total amount raised to over USD33 million, this new round will enable Aviva Links, its subsidiary, to speed product development and expand sales and marketing as the demand for its high-speed data movement solutions continues to accelerate among the world’s leading auto manufacturers.
The multi-trillion automotive industry is undergoing enormous transformation, driven by innovative new technologies that are enabling
Following the acquisition in August of Reference Financial Services SA (Luxembourg), Suntera Global has now signed an agreement to acquire fund and corporate services firm NeoTrust Fiduciary Luxembourg SARL (NeoTrust).
Headquartered in Luxembourg, and founded in 2017 by Martin Hubert and Julien Guillaume, NeoTrust is a highly experienced provider of bespoke fund and corporate services to private equity and real estate firms, institutional clients, large and medium-sized companies and high-net-worth individuals globally.
The team of 14 staff in Luxembourg will add complementary expertise to Suntera Global’s existing office in Luxembourg and the firm’s wider network of offices in Jersey, Cayman,
Sherpa Capital, a private capital fund manager focused on investing in mid-sized Iberian companies with more than EUR300 million in assets under management, has acquired Laboratorios Forenqui (Forenqui), a Spanish company specialising in the production and marketing of hygiene and personal care products.
This transaction is part of Sherpa Capital’s investment strategy in growth companies, which focuses mainly on opportunities in sectorial consolidation processes and in companies that are going through expansion processes.
Founded more than three decades ago in Valencia, Forenqui is a family business that has experienced strong growth over recent years thanks to its entrance into
Cheyne Strategic Value Credit has successfully raised its second fund, Cheyne European Strategic Value Credit Fund II (SVC II) securing EUR 1 billion capacity less than six months after its first close, with strong support from existing investors and significant excess demand from new investors.
Cheyne Strategic Value Credit was established in 2017 as a new investment division within alternative asset manager Cheyne Capital and employs a value-oriented, opportunistic approach to investing in corporate credit, with a focus on special situations and debt restructurings. The group’s inaugural European Strategic Value Credit Fund (SVC I) was substantially oversubscribed and closed at
Revaia, formerly known as Gaia Capital Partners, has held the final closing of its first growth fund, Europe’s largest female-founded VC fund, at EUR250 million, exceeding its initial target of EUR200 million.
Seqera Labs – a provider of data orchestration and workflow software for life sciences – has raised USD5.5 million in seed funding. The round was co-led by European VCs Talis Capital and Speedinvest, with participation from existing investor BoxOne Ventures.
The funding also includes a grant from the Chan Zuckerberg Initiative, founded by Mark Zuckerberg and Dr Priscilla Chan, which supports essential open source software in science. The company will use the funding to further develop its technology, as well as to grow its North American presence.
Seqera Labs span out from the Centre for Genomic Regulation and was
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
