Superlist has raised €10 million in a seed funding round led by EQT Ventures, with participation from previous investor Cherry Ventures and angel investors. 

Elbow Beach Capital, a decarbonisation, sustainability and social impact investor, has made a £750,000 investment into Glasgow-based electric 4X4 manufacturer Munro Vehicles (Munro). Elbow Beach Capital believes a considerable opportunity exists to decarbonise vehicle fleets within the mining, forestry and agriculture industries, where over 220,000 farms and 2,000 active mines in the UK alone are relying on all-terrain vehicles to carry out daily operations.   Munro has developed the first fully electric 4×4 designed and built in the UK. Having undergone considerable off-road testing, Munro expects its Mark 1 to be production line ready later this year with first vehicle

The Nobel Sustainability Fund managed by Earth Capital, a global sustainable investing private equity specialist, announces an additional GBP3.75 million investment into Propelair, the Essex-based manufacturer of what is believed to be the world’s lowest water-flush toilet system. Further, the company has launched a separate equity raise through the Kickstart.Capital platform with a target of GBP1.75 million to extend its already significant community of commercial advocates and supporters.   The combined funding will assist the company’s R&D into enhanced functionality and more sustainable production techniques, alongside a new online platform that provides customers with real-time and advanced diagnostics. Propelair expects

Barings has acted as sole lender of secured credit facilities for United Therapy Holding (United Therapy), a portfolio company of Quadriga Capital Funds (Quadriga). Quadriga became the majority shareholder in the newly formed United Therapy Group, one of the leading physiotherapy providers in Germany. Across more than 50 locations, the group combines analogue physiotherapy offerings with digital telemedicine services and has the clear mission to be an innovative ecosystem and network for holistic care solutions.

Fintech RITMO has closed a $200 million debt funding round led by i80 Group and Avellinia Capital, making it one of the largest funding rounds of any e-commerce finance business in Europe and Latin America (LATAM). i80 Group is a US-based leading provider of capital to breakthrough technology companies that has committed over $1 billion in credit to fintech and proptech firms, while Avellinia is a European provider of tailor-made capital solutions for fast-growing disruptors across fintech lending, e-commerce and mobility.   To date, RITMO has raised $225 million in debt and equity funding in its first year of operations

An affiliate of private investment firm Sun Capital Partners is to to sell C&K, a manufacturer of high-quality electromechanical switches, to Littelfuse, an industrial technology manufacturing company, for a total enterprise value of USD540 million. Sun Capital was advised by its European affiliate, Sun European Partners, LLP, in connection with this transaction.  Founded in 1928, C&K has been at the forefront of technological evolution in electromechanical switches. The Company is a leading global provider of critical, highly-engineered electromechanical switches and interface technology solutions for essential applications in industrial, transportation, aerospace, and datacom products, and other industries.  C&K successfully completed two

Carmoola [carmoola.co.uk], a newly launched motoring fintech has raised £27 million in investment from Jaguar Land Rover’s investment fund, InMotion Ventures, VentureFriends, BCI and California-based Clocktower Ventures. The seed round also included a host of high profile angels that have backed companies such as Revolut, Marshmallow, Clearscore and Monzo, including the former MD of Google (UK and Ireland), Dan Cobley. Founded by British, Ukrainian and former Movebubble and Zoopla executives: Aidan Rushby, Amy McKechnie, Roman Sumnikov, and Igor Gordiichuk; Carmoola empowers consumers with a budget and finance decision in sixty seconds, giving them the freedom to buy a vehicle instantly

Highborn Group, a portfolio company of global alternative investment firm HIG Capital, has acquired Plumbworld Limited (Plumbworld), a UK e-commerce specialists for bathroom, kitchen, plumbing and heating products. The combination with Plumbworld will strengthen Highbourne’s leading omni-channel capabilities for both trade and retail customers. Plumbworld’s proposition is highly complementary to Highbourne and will enable the group to expand its footprint in the UK and Ireland, while maintaining its commitment to providing the highest quality services and convenience to its customers.