Rodeo, a cloud-native project management software provider with a focus on creative services companies, has secured a significant strategic growth investment from PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies to help accelerate their growth.

Altruistiq, a specialist in carbon reporting software, has raised $15 million in a seed funding round, one of the largest for a software firm in Europe, makes Altruistiq one of top 10 best-funded climate software companies globally. The funding will help the firm champion its abatement engine, which brings unparalleled accuracy in granular data reporting and business intelligent impact management.   Targeting other large often complex businesses in the retail, food, FMCG, logistics and fashion industries – backers to help drive the growth include venture capital firms, Molten and Norrsken alongside angel investors, Greg Jackson, Mudassir Sheikha and Siraj Khaliq,

Lottie, a comparison website for residential care and independent living has reached a valuation of £45 million after raising more than £6 million in its latest funding round. Led by one of the largest US venture capital firms and former Airbnb backer, General Catalyst, Lottie has raised £6.125 million to power national expansion of the platform, invest in new digital tools for care providers, make further inroads into the thriving retirement living sector and supercharge the growth of Seniorcare, the company’s eldercare employee benefit portal.    Led by one of the largest US venture capital firms and former Airbnb backer,

In a new report by accountancy and business advisory firm BDO LLP, figures show that more than £1.5 billion of capital has been deployed into UK Circular Economy businesses over the past four years. This accounts for a total of 296 investments across equity and debt. Annual deal volumes grew by two thirds from 2020 to 2021 alone and the average disclosed cheque size increased from £7 million in 2018 to £9.3 million. Venture capital accounted for 50% of 2021 transactions, followed by mid-market private equity leading on 22% of investments and debt funding making up 15% of deals.  

Pickles Auctions Pty Limited (Pickles), an Australian marketplace for vehicles, industrial, and salvage assets, is to sell a majority share of its business to funds advised by global private equity firm Apax Partners (Apax). Privately owned since 1964, the business is now at an inflection point and the family has decided now is the right time to bring in outside investment, utilising the additional capital to fuel future growth. The transaction is expected to close by the end of the year. The Pickles family will retain a minority interest going forward and the current executive leadership team will remain in

IQM Quantum Computers (IQM), the European leader in building superconducting quantum computers, has raised €128 million ($128m) in Series A2 funding led by World Fund. The funding, which follows a €39m ($39m) Series A1 announcement in 2020 and includes part of a €35m ($35m) venture loan from the European Investment Bank (EIB), makes it the largest ever funding round raised by a European quantum computing company.   The round included participation from Bayern Kapital, EIC Fund, OurCrowd, QCI SPV, Tofino and Varma, as well as existing investors Maki.vc, Matadero QED, MIG Fonds, OpenOcean, Salvia GmbH, Santo Venture Capital GmbH, Tencent,

MIG Capital AG, one of Germany’s leading venture capital firms, has closed a Series A2 funding at its portfolio company IQM, a specialist in quantum computing hardware. MIG Fonds No. 2, 4, 6, 10, 14 as well as 17 participated in this round, which provided a combined €128 million in funding, and was led by World Fund, which is making an initial investment in IQM, plus new investors Varma, OurCrowd, EIC Fund, Bayern Capital, QuIC SPV and Tolfino.  This financing round is the inaugural MIG Fond 17 investment in a portfolio company. The round included participation from MIG as well

Sienna Investment Managers (Sienna IM), through its newly-created subsidiary dedicated to private equity (Sienna Private Equity), and Eight Advisory, an independent financial and operations consulting firm, has acquired a minority interest in Eight Advisory. Eight Advisory is a leading independent financial and operations consulting firm specialised in transaction, restructuring, transformation and financial engineering. Since its founding in 2009, Eight Advisory has experienced continuous growth of +21% per annum on average. The quality, seniority and commitment of its teams together with its clients have forged the firm’s solid reputation, which is now indisputable in the European financial advisory market. The company