Allocations
Ingenious’ Infrastructure Ventures EIS Service has invested in Winnow, the technology company behind Winnow Vision, an artificial intelligence tool helping chefs cut food waste in half, as it completes its series B round of funding at USD12 million.
Other co-investors in this fund raising round include Ingka Investments, Mustard Seed, Circularity Capital, D-Ax in addition to Ingenious. This follows a recent loan from The European Investment Bank (EIB) and in total means the firm has raised USD20 million in the last month, allowing it to focus on global markets.
Launched in a single staff restaurant in 2013, Winnow has been
Idinvest Partners, aa investor in SMEs across Europe, has anheldnounced the final closing of its third digital fund at EUR350 million, having surpassed its initial fundraising target of EUR300 million.
The fund, managed by a team of nine investors, has attracted many new LPs from Europe, Asia, the Middle East and North America. It has also been highly successful among investors who, following their participation in the previous fund, extended their commitment.
The final close of the Idinvest Digital Fund III has surpassed that of its predecessor, the Idinvest Digital Fund II, which secured EUR154 million.
Benoist Grossmann,
European venture capital firm Sofinnova Partners has closed its latest early-stage healthcare fund Sofinnova Capital IX, oversubscribed at EUR333 million.
The firm now has more than EUR2 billion under management with more than EUR1 billion raised in the last four years across its platform of life sciences funds.
Pursuing the strategy it has consistently applied over the years for its flagship early-stage Capital funds, Sofinnova Capital IX will invest in the healthcare industry and more specifically in the biopharmaceutical and medical device sectors. Sofinnova Partners will seek to invest as a founding and lead investor in start-ups and corporate
Nu Quantum, a quantum photonics company, has completed a GBP650,000 pre-seed investment round led by Amadeus Capital Partners, with participation from IQ Capital, Ahren Capital, Cambridge Enterprise and Martlet Capital, the investment arm of Marshall of Cambridge Group.
The raise follows eight years of research at the Cavendish Laboratory at the University of Cambridge. Nu Quantum is building high-performance single-photon sources and detectors that work at room temperature. These devices are the building blocks that will enable a range of quantum technologies, the most near-term being Quantum Key Distribution (QKD): communication links which are completely secure as end users are
The Riverside Company (Riverside), a global private equity firm focused on the smaller end of the middle market, has sold Fisher Unitech (Fisher), a provider of 3D design software tools and 3D printers, to Computer Aided Technology (CATI), a portfolio company of CIVIC Partners (CIVIC).
Based in Pleasant Ridge, Michigan, Fisher has 17 locations with sales showrooms and training venues across the Midwest and Northeast. Fisher serves as a key channel partner to design software provider, Dassault Systemes Solidworks and 3D printer manufacturer, Statasys. Fisher aims to advance manufacturing in the US by selling, supporting and training customers on 3D
Global beauty brand SLG has acquired three high street brands – Amie Naturally Kind Skincare, Johnny’s Chop Shop Grooming and COLAB Dry Shampoo.
The three deals amount to a consideration of over GBP15 million.
SLG Brands was incorporated in 1985 and has evolved from contract manufacturer to award-winning multi-category brand innovator and global brand builder. It has fashioned a unique market positioning as a highly responsive and trend-led organisation, with integrated studios, brand development and R&D laboratory with headquartered in Cheltenham, England.
SLG received GBP10 million from BGF, the UK and Ireland’s most active investor in growing businesses,
Process Mining software provider Minit has raised EUR7 million in a Series A funding round, led by Target Global, with participation from Salesforce Ventures and existing investors, Earlybird’s Digital East Fund and OTB Ventures.
Founded in 2017, Minit builds intuitive Process Mining software that gives its enterprise customers insight into complex processes – like order-to-cash, procure-to-pay, customer journey or service delivery – and more importantly how these can be improved. Minit highlights opportunities for continuous process improvement and makes it easy to pinpoint and understand the sources of inefficiency – such as bottlenecks, or compliance violations – and their root
Funds advised by YFM Equity Partners (YFM) have backed a GBP4.5 million investment into SharpCloud Software Limited (SharpCloud) to support the continued growth and roll out of its enterprise SaaS product.
YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside YFM Equity Partners Growth II LP.
SharpCloud was founded in 2012 by Sarim Khan and Rusty Johnson, following the successful sale of their previous software business to Oracle Primavera. Having spent some time within the Business Intelligence (BI) and data analytics space, they noted a lack of powerful
Provate equity firm Permira has held a final closing for its latest buy-out fund Permira VII (P7), at its hard cap with total commitments of EUR11 billion.
P7 will follow Permira’s long-term strategy of investing in market-leading businesses that benefit from strong and resilient underlying growth drivers. The Fund will continue to deploy across Permira’s key sectors: technology, consumer, financial services, health care, industrial tech and services.
The Fund was strongly supported by existing investors. In addition, a substantial number of new relationships across multiple geographies made commitments to P7.
Tom Lister, co-managing partner at Permira, says: “We
Specialist alternative asset manager, Gresham House plc (Gresham House), has held the interim close of its British Strategic Investment Fund (BSIF) taking total commitments to GBP200 million.
The final close is expected in the first quarter of 2020.
Greater Manchester Pension Fund and Greater London Authority have made new commitments totally GBP35 million. Additionally, Greater Manchester Pension Fund has committed a further GBP20 million to a North-West co-investment portfolio. The LPs join Royal County of Berkshire Pension Fund and Teesside Pension Fund.
The UK Government has identified UK housing and infrastructure as being structurally important areas requiring local
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12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
