Latest News
TrueFacet has held the close of a USD6 million Series A funding round led by Maveron.
Participation included Freestyle Capital, Social Leverage, Founders' Co-op, Trilogy and Liquid2 Ventures, owned by famed football legend Joe Montana, and global marketplace investors Rahul Mehta and John Lindfors.
The company recently appointed Francois Kress, current CEO of Carolina Herrera and former CEO and managing director of Bulgari, to join its board of directors.
“We created TrueFacet to enable the luxury consumer to buy, sell or trade any item in their jewellery collection in a trusted manner and at a fair price,” says Tirath
Private equity firm Key Capital Partners (KCP) has made a substantial investment in domiciliary care business Routes Healthcare, which provides NHS-funded intensive home care.
The investment is the first to be made following the launch of KCP’s new GBP80 million growth fund last November.
Routes Healthcare was established in 2005 by current managing director Andrew Healing. Over the last 11 years, the business has grown to encompass nine offices, serving public sector bodies, blue chip organisations, SMEs and private individuals. The business acts as a fully integrated, high acuity domiciliary care provider and is CQC registered.
The branch network,
One year on from the launch of its first venture debt fund for UK technology firms and innovative companies, Barclays is extending its High Growth fund to GBP200 million as part of its commitment to fund innovative scale-ups.
Barclays has seen huge take up from businesses and since launching in May last year has provided GBP100 million in earlier stage financing support to nearly 40 companies.
Barclays remains the only mainstream UK bank to offer high growth businesses and their founders debt funding solutions at this early stage.
The fund is designed to provide access to debt finance;
Abalena Capital, a Hong Kong-based private equity firm, is to establish and operate exclusive seven star, invitation-only premier private members clubs for ultra-high net worth individuals (UHNWI) in London, UAE, Pakistan and New York.
The facilities will include fleet of private business jets, access to VIP airport lounges around the world and VIP Concierge services, in addition to housing five dining areas, offering a wide range of culinary options from Subcontinent to Chinese, Thai, Sea Food and Japanese dishes.
All clubs will have two business lounges (Executive and Cigar), salon, spa and laser centre, gym, library, private offices, meeting
FinanceFox, an independent service platform for insurance brokers and consumers, has raised USD28 million – the largest “InsurTech” round in Europe to date – in a Series A funding round led by Target Global and Horizons Ventures.
The funding will be used to further expand its product, marketing and sales activities in Switzerland and Germany, as well as enter new markets – for example Austria in Q4/2016.
The existing investors Idinvest, Salesforce Ventures, Speedinvest, Seedcamp, AngelList, Victory Park Capital and lead-angel Samuel Skoblo remain on board.
FinanceFox is based in Zurich, Vienna, Berlin and Barcelona with over 80
One of EIT Digital’s supported scale-ups, SecurityMatters, a provider of advanced cyber security solutions for industrial control systems, has raised funding from four prime investment groups, including Robert Bosch Venture Capital.
To date, EIT Digital has helped companies to raise more than EUR70 million, primarily in Series A investments.
SecurityMatters has developed an automated network and situational awareness platform that enables critical infrastructure organisations worldwide to operate best-of-class cyber-resilient industrial control systems. Self-configuring and self-learning, SecurityMatters’ solution is detecting more cyber threats than any comparable technology.
Headquartered in the Netherlands, SecurityMatters has expanded its installed base in tens
King & Wood Mallesons has advised Inflexion Private Equity on the management buyout of Bedell Trust, a corporate, fund and fiduciary administration company.
Inflexion is an independent mid-market private equity house, investing in established high growth businesses. The MBO, backed by Inflexion, will help to accelerate organic growth and target further selected acquisitions.
Bedell Trust has over 250 employees and operates from Jersey, Guernsey, London, Luxembourg, Dublin, Singapore, Mauritius and Cayman. It has grown rapidly both organically and through acquisition.
Florencia Kassai (pictured), partner at Inflexion, says: “This is an exciting time for both Bedell Trust and Inflexion.
City centre bar chain BurningNight has secured GBP700,000 in the first days of its crowdfunding campaign on Crowdstacker, a UK-based peer-to-peer (P2P) lending platform.
BurningNight is offering 7 per cent per annum interest to those participating in the overall GBP3.5 million fundraise, to expand its chain of bar brands which operate in city centres including Leeds, Liverpool, Manchester and Cardiff.
Employing/contracting over 500 people and with generated turnover in excess of GBP17 million in 2016, BurningNight Group plans to plough the investment raised on Crowdstacker into further growth by upgrading existing sites and creating new ones for brands such
A new social platform aiming to reduce the stress of parenting by helping school parents connect easily and securely with each other has received all of its GBP841,360 crowdfunded investment, having raised 153 per cent of its initial target.
Thousands of parents in hundreds of UK schools have already signed up.
Classlist is the first service offering an online parent to parent community, exclusively for people with school-aged children. It was created by two female entrepreneurs keen to connect parents in a world where they spend less time at the school gate than ever before.
The free-to-use service
KKR has appointed Paul Yang, current president and CEO of China Development Financial Corporation (CDFC), as head of Greater China, effective January 2017.
The appointment follows KKR’s recent announcement that it would expand its Asia-Pacific leadership team with the addition of senior investment talent in China, Singapore and Korea.
Zhen Ji recently joined as a managing director of KKR China from CITIC Capital.
“Paul Yang brings 20 years of investment experience to KKR. He is well versed in private equity, venture capital, corporate and commercial banking, and he has a proven ability to effect M&A and lead a multibillion-dollar enterprise throughout Greater China,” says Joseph Y Bae, managing partner
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
