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cheqd – a start-up providing technology that could drive widespread uptake of digital IDs – has secured a USD2.6 million (GBP1.9 million) investment to support the launch of its product later this year.
The latest funding round was backed by Outlier Ventures, Evernym, TitanBlock, Torque, 3GR and a consortium of private investors. It follows their initial investment in March this year and brings the total raised by the company to USD3.3 million (GBP2.4 million).
cheqd’s software enables individuals to have their own digital ID that they can store on their mobile phone and use to verify their identity or
Book Salon, a Finnish payment and booking service provider specialising in hair, beauty, and wellness companies, has closed a EUR1 million funding round led by Big Bets VC.
Sontek Ventures and well-known business angel Lennu Keinänen also participated in the round. The funding will be used to further expand its operations, and prepare for further growth in Europe as the company looks to expand its offering.
“We are excited to have the backing of Big Bets VC who can help us accelerate the development of our operational capabilities and scale in new geographies,” says Book Salon CEO Harri Myllylä.
“Big
Global Technical Group (GTS), a Romanian developer of software for the security industry, backed by Abris Capital Partners (Abris), has acquired Lummetry.AI, a Romanian artificial intelligence business.
The transaction will further strengthen GTS’s position as a market leader in software solutions for physical security automation.
GTS was founded in 2007 and consists of two divisions providing software solutions for the security industry, comprising advanced IoT solutions, building technologies, engineering, automation and energy efficiency, facility management and technical maintenance. GTS is one of the largest players in this sector in Romania, counting most of the largest banks, oil companies, shopping
AMP Capital’s Global Infrastructure Equity team has created a new company focused on acquiring and aggregating telecom site leases globally, in partnership with Eric Overman.
NeoXam’s DataHub platform has been selected by Tikehau Capital, the global alternative asset management group to support a broader IT and operational transformation programme across its global multi-fund business.
NeoXam’s DataHub will serve as a central repository for Tikehau Capital, creating a single point of the truth for securities, business entities, indices & benchmarks and portfolios. With a comprehensive range of diversified offerings across multiple asset classes, efficient data distribution is essential for the asset manager. The selection of NeoXam DataHub allows Tikehau Capital to consolidate a number of in-house developed data management systems into one ‘best of breed’ solution
Sunamp, a thermal storage technologies company, has secured a GBP6 million (USD8.3 million) convertible loan note investment from the Scottish National Investment Bank.
Sunamp will use these funds to increase its sales in the UK, scale up production, and to accelerate international expansion into China, the Americas and continental Europe.
Sunamp is already active in 17 countries and has so far shipped over 15 thousand thermal batteries for the residential market from its UK manufacturing facility on the outskirts of Edinburgh. It recently opened new premises in Zurich and will open its first overseas manufacturing facility under licence in
Odyssey Energy Solutions has acquired the German remote monitoring and control technology company, Ferntech.
Emily McAteer, CEO and Co-Founder, Odyssey, says: “We’re delighted about the acquisition of Ferntech and the opportunity it presents to expand the toolkit we offer our clients and users. We’ve successfully worked with the Ferntech team and their technology for several years. The acquisition significantly advances our mission to enable streamlined development, financing, and operations of distributed infrastructure projects at scale.”
Odyssey has become the go to platform for investors and governments making investments in the distributed renewable energy market and is currently facilitating flow of
Mirakl, an enterprise marketplace SaaS platform, has raised USD555 million in a Series E funding round led by Silver Lake, with participation from long-term investors 83North, Elaia Partners, Felix Capital, and Permira. The new funding increases the company’s valuation to more than USD3.5 billion.
Mirakl’s valuation has more than doubled since its USD300 million Series D funding round announced on 22 September, 2020 and led by Permira’s growth fund. The company is poised to accelerate its rapid growth through the continued adoption of its flagship enterprise marketplace platform that already powers billions in gross merchandise value (GMV) and delivers speed,
Private equity investment firm Growthdeck has closed a GBP570k fundraise for Soho Street Cocktails, the ready-made premium cocktail maker.
LightEdge, a provider of colocation, cloud and managed service solutions, has acquired Cavern Technologies, an enterprise-grade data centre provider in Kansas City.
Cavern Technologies was founded in 2007 as the area’s first colocation data center and is Kansas City’s largest colocation provider today. The natural limestone environment of Cavern’s underground facility serves as a fortress of security and resiliency for customers. Cavern provides a unique value proposition for mid-market to Fortune 1000 enterprises across the Midwest, offering customizable private suites for customers with two to 200+ cabinets.
Jim Masterson, CEO of LightEdge, says: “This is the first acquisition under
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