Managers
A cybersecurity company, with a platform that helps to safeguard transport and infrastructure systems, has raised a further GBP1.8 million to help it expand its business in the maritime sector.CyberOwl has secured funding from 24 Haymarket, Mercia’s EIS funds, and the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia as part of the Midlands Engine Investment Fund. The latest investment will allow the company to expand its global client base and establish itself as a leader in cybersecurity for shipping lines and port operators.
CyberOwl, which has offices in Birmingham and London, provides early
Maven Capital Partners has led a funding round in Chester-based Intilery.com, a customer data platform and real-time decision engine that powers multi-channel campaigns.
The funding will enable Intilery to expand the sales and marketing team and develop its commercial offering.
Both Maven VCTs and Maven Equity Finance, which forms part of the Northern Powerhouse Investment Fund and is managed by Maven, invested as part of the transaction.
Intilery’s unique technology designs and enhances customer relationship management (CRM) strategies for businesses across multiple sectors. Intilery’s real-time, omnichannel CRM platform offers its clients a 360 view of its marketing activities as well
Glennmont Partners, a fund manager focused exclusively on investing in clean energy infrastructure, has agreed to the sale of a 15 per cent minority stake in Project Piiparinmäki, a 211.4mw wind farm, to Kansai Electric Power Company.
The onshore wind farm, located in central Finland, is currently under construction with COD expected in late 2021. Once operational, Piiparinmäki will be the largest wind farm in Finland, a significant wind power asset in the Nord Pool area, and one of the largest unsubsidised wind farms in Europe.
The sale of the stake in Piiparinmäki marks the first divestment from Glennmont’s EUR850
Vattenfall has entered into a partnership with Greencoat UK Wind, and has given the green light to the construction of South Kyle, its largest onshore wind farm in the United Kingdom.
Icebreaker.vc, which invests in Finnish, Swedish and Estonian tech companies, has held a first close of its second fund at EUR50 million.
The target size of Icebreaker Fund II, which will invest in very early stage tech companies, is EUR75 million. Already before the Corona crisis there was a gap of investors in this segment since most tech investors focus on later investment rounds, according to the firm.
Investors in the new fund include Finland´s state-owned investment company Tesi and KRR III fund-of-funds, Varma Mutual Pension Insurance Company, Elo Mutual Pension Insurance Company, Oy Julius Tallberg, as well as other
Ropes & Gray has advised K2 Insurance Services, a portfolio company of US private equity firm Lee Equity Partners, on its acquisition of Pioneer Underwriters, a London-headquartered underwriting services organisation.
The deal will see Pioneer’s ongoing underwriting portfolio, together with underwriting and support staff, transfer to K2, a specialist insurance services holding company, headquartered in San Diego. The transaction is expected to close by the end of Q2, subject to the necessary regulatory approvals. Terms of the transaction have not been disclosed.
The transferred business will comprise underwriting units specialising in property catastrophe reinsurance, financial institutions, international property facultative and
Ogier’s Jersey investment funds team has advised Index Ventures on the simultaneous closings of Index Ventures Growth V, which has raised USD1.2 billion to invest in later-stage, growth rounds, and Index Ventures X, which recently closed at USD800 million to put into earlier rounds for smaller start-up companies.This latest USD2 billion raise from Index is an increase in fund size on its previous growth and venture fund close (in 2018 it raised USD650 million for venture and USD1 billion for growth), which will enable Index Ventures to take advantage of increasingly sophisticated and international start-ups.
The funds are expected to
Growth equity investor Verdane has partnered with Conscriptor, Sweden’s largest developer of medical journal documentation services and dictation software, and Max Manus, a speech recognition and dictation software company.
Bodhala, a data-intelligence and legal technology platform, has secured USD10 million in an investment round led by Edison Partners, a Princeton, NJ-based growth capital firm.
The company will use the funds for product expansion and sales and market acceleration as it transforms and modernises the purchasing of outside counsel services.
Companies spend nearly USD500 billion annually on outside counsel, with hourly billing rates tracking at almost four times the rate of inflation. Bodhala applies data science, machine learning and AI-driven insights to help companies analyse, interpret and optimise legal spend. The company experienced 300-pls per cent growth in both
Peak, a software maker helping businesses use AI, has raised USD12 million in an extended Series A funding round led by existing investors MMC Ventures and Praetura Ventures.
This fresh investment brings Peak’s total amount of funding to USD18 million. Peak will use the incoming capital to support its rapid growth and commercial expansion, and to ramp up investment in research and development.
Peak is marketing its AI Systems, a new category of enterprise software with the goal of enabling mass adoption of AI solutions across industries. The company says that the AI era is “the fourth industrial revolution”, and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
