Allocations
Open banking platform Snoop has secured GBP15 million in Series A funding from leading American investment management firm Paulson & Co Inc (Paulson), giving the business a post-money valuation of GBP47 million.
The money management app helps people spend, save and live smarter through personalised money-saving insights, and aims to save the average user GBP1,500 per year. This most recent round of fundraising for the company follows a GBP10 million round in December 2020 (Europe’s second largest crowdfund that year).
Snoop was launched in April 2020 by Dame Jayne-Anne Gadhia, the former CEO of Virgin Money. The award-winning app uses
Mayfair Equity Partners (Mayfair), a tech and consumer growth investor, has completed an investment in British haircare brand Tangle Teezer. Mayfair will hold a majority stake in the business. Additional deal terms have not been disclosed.
Founded in 2007 by Shaun Pulfrey, Tangle Teezer produces a range of innovative detangling, blow-drying and styling hairbrushes famous for their unique teeth technology. The business has grown to become a world-renowned brand, recognised for creating the detangling haircare category, and swiftly becoming an essential haircare companion to both consumers and haircare professionals. Shaun will remain a minority shareholder in the business.
Recognising the
Legend Capital has participated a biological computing platform enterprise BioMap’s USD100 million Series A funding round.
The funds will be used to for R&D and talent recruitment.
BioMap is positioned as an innovative medicine R&D platform driven by biological computing engine. It was co-founded by Robin Li in November 2020 and he currently serves as the Chairman. Through advanced computing and biotechnology, BioMap draws maps on disease targets and drug design to realize the Global First-in-class original drugs. In the future, BioMap will also focus on the field of immune mechanism of tumors, autoimmune diseases and fibrotic diseases.
Richard Li,
Surrey-based fulfilment and national delivery business Diamond Logistics has secured a GBP2.5 million investment from BOOST&Co.
The funding will be used to continue developing the firm’s ‘one-stop’ logistics platform Despatchlab, accelerate the growth of its network and build on the demand created by the UK lockdowns.
Established in 1992 and led by founder and chief executive Kate Lester, Diamond Logistics provides local and national fulfilment and delivery to businesses across the UK. The firm has since pivoted from being a traditional logistics business operating its own fleet of vehicles, to becoming an organisation at the forefront of logistic and
Aliter Capital (Aliter), a private equity buy and build specialist in the support services sector, is pleased to announce that it has agreed the sale of its shareholding in North Group SP (North) to Livingbridge.
The management team will continue to work in North and will reinvest part of their proceeds in the Group. The sale of North marks the first exit from Aliter’s maiden 2017 fund and delivers a strong return for investors.
North is a highly technical integrated technology specialist delivering end-to-end networking and IoT application design, implementation, support, and managed services throughout the UK. North prides itself
Private equity firm Twenty20 Capital has signed a deal to transfer ownership of its high volume recruitment asset, PMP Recruitment to Challenge-trg Group.
The deal reinforces Twenty20 Capital’s focus on creating value for shareholders whilst remaining well-positioned to support Cordant’s sub-brands: Cordant People, Premiere People and Staffgroup – building momentum through portfolio growth, increased customer wins and new vertical entry points.
Tristan Ramus, Twenty20 Capital’s Founder and Investment Principal, says: “We are delighted to announce the merger of two-sector giants; PMP Recruitment and Challenge-trg Group. After 18 months of considerable investment, the PMP Recruitment business has gone from strength
UK mid-market private equity investor Livingbridge, has made an investment in North SP Group (North) and a follow on acquisition of Data Techniques.
North is a highly technical integrated technology specialist delivering end-to-end networking and IoT application design, implementation, support, and managed services throughout the UK. North prides itself on driving innovation and leading the industry in adoption of emerging technologies. Led by CEO, Glen Williams, North has over 270 staff, of which around 160 provide technical services.
North specialises in the provision of connectivity within complex environments where multiple layers of connectivity are required (eg Wi-Fi, IoT, 5G etc).
Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce that it has provided a financing solution to P Van De Velde.
P Van De Velde is a Belgian, family-owned, packaging group active in the manufacturing and distribution of ecological cardboard packaging products and machinery for the food, retail and other FMCG industries. The Company has 12 plants across Europe, is operated by over 660 FTEs and holds more than 80 years of packaging experience.
This investment is a prime example of Kartesia increasingly emphasising ESG as an investment criterion, as the
Vienna-based logistics and warehousing start-up, Storebox, has just raised EUR52 million in a series B investment round.
The new investors are mostly international, and include Activum SG, Attila Balogh, Kineo Finance, n3K Holding, Senger-Weiss, Wicklow Capital and Wille Finance. Existing investors Romulus (Hansi Hansmann) and APIC Investments also participated in the round.
The Storebox founders Johannes Braith (CEO), Ferdinand Dietrich (CCO) and Christoph Sandraschitz (CTO) are embarking on a broad internationalisation into European markets. The strategy is two-fold: first, ground-level business premises and unused spaces in secondary locations will be converted into urban multifunctional warehouses that can be rented by
Vauban Infrastructure Partners (Vauban) has acquired SPER – Sociedade Portuguesa para a Construção e Exploração Rodoviária, and Planestrada – Operação e Manutenção Rodoviária, two companies that manage a 113 km shadow-toll road on IP-2 in the province of Baixo Alentejo (Portugal).
Through this acquisition Vauban strengthens its investment in the mobility sector in Portugal. Through this acquisition, Vauban is committed to maximise its impact in the region and create sustainable value to all the stakeholders over the long-term.
SPER – The Baixo Alentejo road concession company – manages a full operational 113 km shadow-toll road network in the South-East of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
