Insurtech startup BirdsEyeView has closed a seed funding round led by SFC Capital, with the funds matched by the European Space Agency (ESA). BirdsEyeView uses satellite data to structure insurance solutions for severe weather. The funding will be used to grow the team, further develop BirdsEyeView’s tech and match ESA funding.  Parametric insurance is often used by big companies to protect their businesses against natural disasters and severe weather events, but these have so far not been an option for SMEs, and distribution strategies have been poor. BirdsEyeView structures weather-based events insurance products using its proprietary algorithmic underwriting engine, RAPTOR,

Indoor Robotics, an indoor drone technology company that recently launched Tando drone, has closed a $15 million Series A funding round led by Pitango.

Back2Work Group, a UK-based adult learning and pre-employment training provider backed by private equity investor Palatine, has acquired Just IT Training, a provider of IT and digital apprenticeships and skills ‘boot camps’, based in London. Manchester-based Back2Work secured significant investment from Palatine’s Impact fund in late 2020 and Just IT Training represents its first strategic acquisition in the training sector.   Founded in 2001 by Simon Perriton, Just IT Training works with clients such as Sainsbury’s, National Rail, Google, and public sector organisations, such as the NHS and Bank of England. With annual revenues of more than £8 million, the

Korian, a leading European services Group for elderly and fragile people, has formed a strategic partnership with Kamet Ventures, a European Venture builder with a successful track-record notably in the digital health space, aimed at inventing and co-building solutions for better management of chronic diseases. Chronic diseases are defined as long-term conditions with various levels of severity that may not have a cure. The diagnosis of chronic conditions will in most cases considerably impede patients’ quality of life.  Both Korian, as a leading healthcare provider, and Kamet Ventures, as part of its wider mission to leverage technology and digital to

General Radar Corporation, a developer of high-resolution 3D radar systems, has secured $22 million in a Series A funding round led by Octave Ventures.

Eurazeo’s Small-Mid Buyout team has signed an agreement to invest in WiiSmile alongside the company’s management team, led by Sylvain Bianchini, Brice Bonnaigue and Jérôme Bourdon.

Global alternative investment manager CVC, via the CVC Capital Partners Fund VIII, is to acquire Visma’s IT consulting business, which focusses on digital transformation. The business has been a part of the Visma Custom Solutions division and is a provider of mission-critical IT solutions and data-driven technologies, powered by 2,000 highly skilled professionals across the Nordic region and in Lithuania, and serving 8,000 customers in the private and public sector.   CVC has been active in the Nordic markets for more than 20 years, successfully partnering with numerous companies in the region. Financial terms of the transaction gave not been disclosed.

US technology and engineering corporation KBR is to acquire Chiltern-Capital-backed VIMA Group for up to £75 million.