Velocity Global, a provider of global talent solutions, has raised $400 million in a Series B funding round, led by Eldridge and Norwest Venture Partners, increasing the company’s valuation seven-fold since the same time last year. Eldridge and Norwest join Series A investor FFL Partners on Velocity Global’s board. The company retains majority ownership and founder Ben Wright continues as CEO and chair of the board of directors.   Velocity Global will use the funds to make further strategic investments in technology, sales and marketing, as well as potential future acquisitions to execute on its vision to provide a frictionless

Seraphim Space Camp, a VC-led accelerator for global startups in the spacetech industry, has announced the startups taking part in Mission 9. Seraphim Space Camp is an 11-week programme that supports SpaceTech companies from inception to IPO. The latest cohort from the team behind the world’s leading space fund, features seven new startups, all of which are looking to develop key relationships with some of the world’s leading space corporates and agencies, and get themselves investment ready.    Mission 9’s cohort includes companies specialising in areas such as smart glove technology for space suits, next-generation Orbital Transfer Vehicles, data-driven solutions

Data protection specialist Seclore has closed a $27 million Series C funding round led by Chicago-based Origami Capital Partners and Salt Lake City-based Oquirrh Ventures. The growth capital will help Seclore fast-track its journey to become the platform of choice for enterprise data protection initiatives. The funding round brings the total raised to date to $46 million. With big government and defence agencies and more than 500 global enterprises, including American Express, Applied Materials, ADM, Saudi Telecom, and ICICI group as its customers, Seclore has established a leadership position in the data-centric security space.

Oxford Drug Design Limited (ODD), a biotechnology company with a proprietary computational and machine learning platform, has raised £2.2 million in funding from existing investors ACF Investors, o2h Ventures, Meltwind Advisory, a number of returning angels and new investors and the US-based R42 Group. This round brings the firm’s total amount of grant and equity funding to over £10 million. A spinout of Oxford University, ODD has been at the forefront of computer-aided drug design with its dual-track AI proprietary platform for drug discovery.  This growth capital will enable ODD to further its drug research and discovery starting with a

Cyscale, a graph-based, cloud security analysis company, has completedi a €3 million funding round led by Notion Capital. Seedcamp, GapMinder, Micha Hernandez van Leuffen – previously founder of Wercker and now Fiberplane and NP-Hard Ventures – and David Mytton, founder of Console.dev and Server Density, also participated in the round. Founded in Romania in 2019, Cyscale raised €350,000 on SeedBlink in 2021, ensuring sufficient working capital for 12 months for a small team.

N3TWORK Studios, a developer and publisher of blockchain games, made up of veteran game developers, has closed $46 million in a Series A financing round led by Griffin Gaming Partners, with participation from Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, and N3TWORK, Inc. As part of the financing, Griffin Gaming Partners’ Peter Levin will join the Board of Directors. The funding will help further the development and launch of the studio’s first two web3 titles, Legendary: Heroes Unchained and Triumph. N3TWORK Studios was formed in January 2022 from the games team of N3TWORK Inc, after Forte’s acquisition of the

SingularityNET and SingularityDAO have secured a $25 million commitment with Global investment group LDA Capital Limited. The funding will be used to accelerate product roadmap, adoption of AI tools and scaling the ecosystem while supporting the growth of decentralised AI in general and its use in decentralised finance.

Global investment firm KKR has made a significant majority investment in Alchemer, a specialist in Customer Experience (CX) and voice-of-the-customer (VoC) technology. The investment will support the continued acceleration of Alchemer’s growth through marketing, product innovation, industry partnerships and strategic mergers and acquisitions.  Financial terms of the deal have not been disclosed.

IK Partners’ (IK) IK Small Cap II Fund (IK SC II) is to sell 2Connect to Rivean Capital alongside management who will be reinvesting. Financial terms of the transaction have not been disclosed.   2Connect designs, develops and produces innovative and customised interconnection solutions for original equipment manufacturers (OEMs) and original design manufacturers (ODMs) globally.   Founded in 2000, the Company prides itself on setting new standards for interconnection solutions by designing high-quality and cost-effective units in partnership with its long-term client base. 2Connect employs over 450 people across its headquarters in Waalwijk, the Netherlands and three manufacturing sites in