Latest News
Same-day grocery delivery startup Grocemania has raised more than GBP170,000 on the crowdfunding platform Seedrs.
The London-based business has exceeded its funding target of GBP100,000 at a valuation of GBP2.4 million. In this latest funding round, which concluded on 29 March 2021, more than 340 investors invested a combined GBP173,000 in Grocemania.
Launched in February 2019, Grocemania is an on-demand delivery platform, which allows customers to shop from local grocery stores and get deliveries in minutes for a fee of only GBP2.50.
The company’s monthly revenue has more than doubled since the onset of the Covid-19 pandemic and it now
Deloitte’s Midlands M&A team has completed two deals in the automotive sector.
The firm provided lead advisory services to Belron International on the sale of its subsidiary, AutoRestore Limited, to German investment group AURELIUS.
AutoRestore is a provider of mobile accident repair services across the UK, operating a fleet of over 130 mobile repair vans and providing over 30,000 repairs a year to both B2B and B2C customers.
Currently providing same-day mobile accident body repair services through a virtual garage network, AutoRestore will benefit from operating alongside AURELIUS portfolio companies Rivus and Pullman, which provide a full suite
Artist Capital, a strategic capital partner to hedge funds, private equity firms and real estate investment managers, has appointed Ramesh Parameswar as Managing Director and Patrick Neuman as Director.
Read the full story at Hedgeweek…
ThreatQuotient, a specialist security operations platform innovator, has closed USD22.5 million in new financing, including a combination of equity and debt financing.
The investment syndicate includes New Enterprise Associates (NEA), Adams Street Partners, Escalate Capital, Blu Ventures, Cisco Investments and Gaingels, who took notice of the company’s significant momentum in 2020, specifically their record bookings and revenue growth. ThreatQuotient plans to leverage this financing to accelerate execution of new innovations currently in development.
“As a result of strong performance in 2020, we welcomed an opportunity to secure additional funding and add new investors to our syndicate. ThreatQuotient is meeting a
Pemberton, a specialist European private debt manager transforming traditional credit markets, backed by one of Europe’s largest insurers, Legal & General Group PLC, has provided financing to support two bolt-on acquisitions by Cupa, the largest producer of natural slate in Spain and a distributor of roofing materials in the UK, backed by The Carlyle Group.
Cupa has acquired Rinus Roofing, an independent UK distributor specialising in roofing materials, and Proinor, a producer of natural slate in Spain. The acquisitions are the latest steps in Cupa’s expansion plan and will consolidate its leading position in the slate market. As an existing
One Utility Bill, the Newcastle-based business which simplifies the utilities experience for consumers, landlords and letting agents, has raised a further GBP1.6 million in its second fundraise within a year.
The follow-on investment round was led by incumbent investors DSW Ventures, the venture capital business of the Dow Schofield Watts group, alongside the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures.
The latest investment, which takes the funding raised to date by the business to circa GBP5 million, will allow it to improve scale and efficiency, further enhance its technology and create
LiveEO, an Earth Observation (EO) asset monitoring startup based in Berlin, has closed an investment round with the venture capital firms btov Partners, Helen Ventures, DvH Ventures, and Motu Ventures as well as deep tech investor Andreas Kupke and a renowned investor from the Silicon Valley tech ecosystem.
The Series A investment of EUR5.25 million (USD6.35 million) allows LiveEO to further accelerate the development of their market leading infrastructure monitoring solution as well as their international expansion. LiveEO analyses satellite imagery with artificial intelligence to monitor infrastructure grids such as railways, electricity grids or pipelines and enables the operators
Kainos Capital (Kainos), a food and consumer-focused private equity firm, has sold its portfolio company Ferraro Foods to funds managed by Kelso & Company.
Headquartered in Piscataway, NJ, Ferraro Foods is a specialty foodservice distributor delivering quality food and supplies, primarily to the Italian restaurant and pizzeria segment in the Eastern US. The Company, which had its first sale in 1975, today sources over 7,000 products from around the world and distributes to over 6,000 end customers. Kainos partnered with Ferraro Foods in May of 2018 after having developed a prior relationship with Ferraro’s owner Michael Giammarino through the
Arma Partners has acted as exclusive financial advisor to MPB on a USD70 million investment led by Vitruvian Partners, with participation from existing investor Acton Capital.
Headquartered in Brighton, UK, MPB is the world’s largest reseller of photo and video kit. The used kit market is in a period of significant expansion as more consumers purchase sustainably in the circular economy.
Supported by this new funding, and with established locations in the UK, US and Germany, MPB is well-positioned to take advantage of this growing trend.
The transaction underlines Arma Partners’ position as a market-leading advisor on private capital
Ara Partners, a private equity firm specializing in industrial decarbonisation investments, has hired Greg Zuboff as a Vice President and Abhiram Karuppur as an Associate.
“We are very happy to have Greg and Abhiram join the investment team,” says Tuan Tran, a Managing Director of Ara Partners. “They both bring significant execution and analytical experience to the firm and further strengthen our hands-on approach to portfolio management.”
“The additions of Greg and Abhiram help us to scale our investment activity as we evaluate a number of attractive opportunities,” adds Charles Cherington, a Managing Partner of Ara Partners. “Greg and
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm