Allocations
Umbra, a Santa Barbara-based intelligence and technology company, has raised USD32 million in an equity financing led by the family office venture fund of John Burbank, founder of hedge fund Passport Capital.
The company’s existing investors – CrossCut Ventures, Starbridge Ventures, Hemisphere Ventures, PonValley, and others – also participated.
Umbra is the inventor of a micro-satellite that can see through clouds, at night, in high resolution (<25 cm GSD). The company has agreements to deliver data to the United States government and commercial geospatial intelligence (GEOINT) firms.
Umbra was founded with a contract from a prime aerospace and defence firm,
Premium liquid supplements specialist YourZooki has secured a GBP1.6 million funding facility with Metro Bank as it looks to accelerate its expansion into North American markets.
The new funding comes as revenues trebled in the previous twelve months, with online demand rising 750 per cent during the pandemic.
The funding will enable YourZooki to scale up its international distribution network, after signing a recent contract for US and Canadian market entry with GNC (General Nutrition Centre), the world’s biggest specialist supplement retailer. It furthers YourZooki’s share of the rapidly growing global dietary supplement market, estimated to reach USD53bn by
Global growth private equity firm TA Associates (TA) is to make a majority investment in IGEL, the provider of the next-gen edge OS for cloud workspaces.
TA joins existing IGEL investor C Melchers GmbH & Co KG (Melchers), which has been IGEL’s primary investor since its founding in 2001 and will maintain a significant equity interest in the company. After handing over the position of IGEL CEO to Jed Ayres last year, founder and former CEO of IGEL Heiko Gloge also remains as a minority stake holder and board member. Financial terms of the transaction were not disclosed.
IGEL
Mid-market private equity firm Moshesh Partners Fund Management has selected Prescient Fund Services (Pty) Ltd (Prescient) as the Fund Administrator to its first private fund.
The fund’s strategy is to invest in renewable energy and clean infrastructure with the goal of securing South Africa’s long-term energy viability and empowering its people.
Moshesh Partners has been seeded by Thuso Incubation Partners (Thuso), a South African dedicated black majority-owned private equity incubator. In line with Thuso’s mission statement, the fund has embedded Broad-Based Black Economic Empowerment (B-BBEE) and Environmental, Social and Governance (ESG) principles.
“At Moshesh we strive to be the best
Intelligence Fusion has secured a GBP400,000 investment from a number of sources to continue its growth in the expanding global intelligence market.
Led by Maven Capital Partners (Maven) the funding has been provided by the Finance Durham Fund, The Future Fund and existing investors. The follow-on investment will support the business as it enters its next phase of growth after it successfully developed and launched its intelligence data feed platform two years ago.
A total of GBP100,000 was invested on behalf of the Finance Durham Fund which was established by Durham County Council to encourage businesses to grow and
Foresight Group (Foresight), a listed infrastructure and specialist regional private equity investment manager, has sold Hedges Direct Group Limited, an ecommerce business in the gardening and landscaping sector based in Euxton, Lancashire.
This is the second exit from Foresight Regional Investment LP (the Fund), following the successful sale of Clubhouse Golf in March 2020 which generated a return of 6.1x. Following just two strong exits, GBP44.1 million has been returned to the Fund, representing 84 per cent of drawn capital, with 15 portfolio companies remaining.
The Fund’s success to date exemplifies the strength of Foresight’s regional buyout strategy, which addresses
In this week’s Private Equity Wire podcast Karin Wasteson interviews Joe Stringer, partner at Octopus Ventures, who shares his views on trends in the healthtech space during the past year, and some of the sector’s key challenges and opportunities moving forward.
JTC, the global provider of fund, corporate and private client services, has acquired INDOS Financial and it subsidiaries (INDOS) for a maximum consideration of GBP12.5 million.
Read the full story at Hedgeweek…
Tikehau Capital is to sponsor a first Special Purpose Acquisition Company (SPAC), which will focus on the European financial services sector.
Since its inception in 2004, Tikehau Capital has built a strong track-record of backing high-quality companies through equity or debt financing. Investment vehicles like SPACs are a natural extension of Tikehau Capital’s existing investment expertise, and the Group aims to leverage its global network, origination capacity and strong equity base to sponsor value-creating projects, starting with a first SPAC that will focus on European financial services related businesses, with a primary focus on scalable platforms offering strong profit growth
Sherpa Capital, a private equity fund manager focused on mid-market companies with EUR500 million under management, announces the sale of Macrolibros, a leading Spanish printing and binding company for children’s and educational books, to Gráficas Ceyde.
Founded more than 40 years ago and based in Valladolid, Macrolibros is a market leader in the educational and children’s book sector, with a clear international vocation, generating more than 70 per cent of its sales abroad. Macrolibros enjoys product quality, processes, and machinery, allows the company to work with top level clients both nationally and internationally, maintaining a consolidated relationship as a reference
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
