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Colossi Games, a specialist in role-playing games (RPG), has secured USD2.5 million in a seed round led by EQT Ventures, with participation from existing investor Play Ventures.  Colossi Games is a Cyprus-based games studio, which is creating the first ever social survival game on mobile. The funding will be used to develop and market its first game, as well as the creation of future games.   Colossi Games strives to become the creators of the first survival/action mobile RPG that includes multiplayer functionality. In 2021, the global games market revenue will hit USD189.3 billion, a 147 per cent increase from
Billhop, a Swedish company which enables businesses and individuals to pay their invoices by credit card, has closed a EUR4 million Series A investment round from financial technology VC Element Ventures (www.elementventures.vc). A majority of suppliers do not accept card payments due to processing fees and administration involved, and not all SMEs, sole traders and corporates have the liquid assets required to settle their invoices. Billhop is the payment platform that enables businesses, enterprises and individuals to pay any invoice by credit card, regardless of whether the supplier accepts card payments.  Billhop manages the entire payment process without onboarding the
Diligend, an investment management software provider for institutional investors and consultants, has added Deloitte Consulting as a client. Deloitte will use Diligend’s solution to digitise and streamline its processes, which include Operational Due Diligence (ODD) on investment managers and service provider RFPs and client surveys. The tool will be further used to enhance benchmarking and reporting functionality.   “As we look to provide the best service to our clients, we have been observing the evolution of technologies in this segment for a while. We found that Diligend was the best fit to our needs and their team aligned to our
Citizens M&A Advisory served as the exclusive M&A advisor to Bionix Development Corporation on its recapitalisation by Argosy Private Equity. Bionix, headquartered in Toledo, Ohio, is a leading developer of innovative healthcare products for single-use ear, nasal and wound care applications, among others. Co-founded in 1984 by Drew Milligan, PhD, and Jim Huttner, MD, PhD, Bionix produces its products in the United States and is trusted by physicians throughout the care continuum for developing premium products that set innovation, quality and performance standards. Argosy’s investment will allow Bionix’s co-founders and management team, led by President and CEO Chris Becker, to
Axiom Space, which is developing the first commercial space station, has raised USD130 million in Series B funding.  The round was led by C5 Capital and includes Declaration Partners (the investment firm backed by David M Rubenstein), Moelis Dynasty Investments, The Venture Collective, Hemisphere Ventures, and Starbridge Venture Capital. The new financing will accelerate the growth of Axiom’s workforce and its development of the first commercial space station. The Axiom Station will serve as the central pillar of a thriving network of commerce in Earth’s orbit – a lynchpin of a space economy that Bank of America and Morgan Stanley
Outpost VFX, a UK-headquartered film and TV visual effects company, has secured a multi-million pound investment from funds managed by YFM Equity Partners (YFM) which will enable it to develop its infrastructure, company culture and proprietary platforms, as well as providing a solid base for further international growth across its four international locations. Outpost VFX was set up in 2013. Headquartered in Bournemouth, it now also has operations in Montréal and London as well having recently opened a new studio in Los Angeles, enabling it to scale to hundreds of artists worldwide. The VFX house partners with global streaming platforms
Growth capital investor VGC Partners is targeting investments in disruptive future sectors including gaming, luxury e-commerce brands and voice tech, following the firm’s most active 12 months to date.  The firm is now 50 per cent invested in its flagship GBP50 million fund, with deals completed with London-based luxury trainer re-seller Kick Game and a pair of transactions in the next generation food and beverage space. The investment in flavoured sparkling water Ugly Drinks was completed in November, with a deal for Sweden-based Sproud, which produces a pea-based milk alternative, completed last month.   In addition, the firm successfully exited
Mobile authentication platform tru.ID is exiting stealth mode to announce it has secured a GBP3 million funding round from investors including Episode 1, MMC Ventures and NHN Ventures.  tru.ID has been launched by experienced industry insiders to help developers eliminate passwords and bring user authentication into the 21st century.   Traditional methods of user authentication, such as email + password or SMS one-time-passwords, don’t work in today’s mobile-first world, offering poor user experience and creating security weaknesses. The industry has been trying to replace passwords for years, but has failed to find a universal solution. Now, the answer is here,
Sympa, a provider of core HR software in the Nordics and Recruitee, a provider of applicant tracking systems (ATS) in central Europe and the USA, are combining to create a digital HR solutions offering. The collaboration brings both companies’ software solutions under one umbrella, providing companies with a full suite of advanced tools for automating HR tasks and amplifying the expertise of HR professionals. Going forward, customers will benefit from the expanded combined product offering, consisting of a leading talent acquisition platform and a comprehensive core HR platform, as well as the group’s significantly increased geographic reach.   The combined
Private markets investment management firm Hamilton Lane has held the final close of Hamilton Lane Secondary Fund V, a global and diversified private equity secondary vehicle, with USD3.9 billion of capital commitments, exceeding its USD3 billion target and marking Hamilton Lane’s largest fundraise to-date. Fund V received strong demand from institutional investors, including pension funds, Taft-Hartley plans, sovereign wealth funds, endowments, foundations, family offices, qualified high-net-worth individuals, and other financial institutions from around the Americas, EMEA, Asia and Israel. Meaningful support from existing investors in the program was complemented by a significant number of new investors globally.   “We are

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