Solutions
Six months after raising USD7 million in seed funding, Paris-based data-centric AI training platform Kili Technology has raised USD25 million in Series A financing from London-based venture capital fund Balderton Capital and further commitment from initial investors, Serena Capital and Headline.
“Managing and transforming unstructured data into training-ready data involves complex workflows and collaboration between business users and data teams. Kili’s data infrastructure platform simplifies this by managing the entire data lifecycle, helping companies to save time and money. We were impressed by the combination of technical experience from Kili’s team and their capacity to execute at a fast pace,”
SEDNA, an intelligent communications system for high-performance teams at leading companies like Glencore, Norden, and Bunge, has secured USD34 million in Series B funding.
Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has sold its portfolio company FlexXray Holdings, LLC (FlexXray) to Warburg Pincus and Tilia Holdings. Financial terms of the transaction have not been disclosed.
FlexXray is a leading provider of x-ray inspection services focused on food safety. The Company assists Fortune 100 food manufacturers with regulatory compliance and food safety issues by identifying and removing foreign contaminants. Hundreds of manufacturing plants throughout North America rely on FlexXray’s expertise and customer service to salvage valuable products when contamination events occur in the normal course of the food manufacturing process. FlexXray
Zenput, a specialist in operations execution solutions, has secured USD27 million in a Series C financing round led by Golub Capital with participation by existing investors, including Jackson Square Ventures, MHS Capital, and Goldcrest Capital.
This brings the company’s total funding to over USD47 million, on the heels of approximately 100 per cent revenue growth over the past year.
Founded in 2012, Zenput’s cloud-based operations execution platform is now used in over 60,000 locations across 100-plus countries by regional and global multi-unit operators, including Chipotle, Domino’s, PF Chang’s, Five Guys, Smart & Final, and 7-Eleven, to automate how operating
AuthenticID, a provider of Identity Proofing solutions for large enterprises, has closed a USD100 million minority investment from Long Ridge Equity Partners, a technology-focused growth equity firm.
The investment will support AuthenticID’s continued expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud, as well as enable AuthenticID to support the next generation of digital identity platforms.
AuthenticID provides identity proofing solutions to leading enterprises, including some of the country’s largest telecom carriers and financial institutions. The solution also powers many of the leading digital identity platforms globally. AuthenticID provides document-centric identity verification
Healthcare Financial Resources (HFRI), a specialist in healthcare accounts receivable (AR) recovery and resolution management, has acquired California-based STAT Revenue, a leading provider of zero balance (closed) claims review and recovery services for hospitals and health systems.
The acquisition rounds out HFRI’s AR management capabilities by adding the final stage of claims recovery to the company’s portfolio of other back-end services. STAT Revenue’s team provides highly specialised, forensic-like reviews of zero balance claims to identify underpayments and recover lost revenue from government and commercial payers.
“We feel very fortunate to be aligning with an organisation of STAT Revenue’s caliber,” says
Maples and Calder, the Maples Group’s law firm, has advised Literacy Capital on a first-of-its-kind dual listing on the Specialist Fund Segment of the London Stock Exchange and on the Cayman Islands Stock Exchange (CSX). The offering, which closed on 25 June 2021, took approximately two months to arrange with the listing on the CSX only taking two weeks from start to listing.
A team based in the international law firm’s London office acted as Cayman Islands counsel to the issuer on this unique transaction that enabled a closed-ended UK investment company to successfully structure and qualify as an investment
Randy Schwimmer, who heads up senior lending origination and capital markets at Nuveen affiliate Churchill Asset Management, outlines how he experienced the lending market throughout the global Covid-19 crisis and how it keeps evolving in 2021.
A start-up with a platform that trains robots to recognise images has completed a GBP2.3 million funding round to help it build its team in Yorkshire and expand sales of its product worldwide.
The investment in Sheffield-based Mindtech Global was led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF), with Deeptech Labs and In-Q-Tel participating.
Mindtech’s Chameleon platform reduces the time and cost involved in bringing artificial intelligence (AI) systems to market by changing the way visual AI systems are trained. Visual AI systems can have
Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).
Founded in 1961, Any Hour is a market-leading home services company providing thousands of residential customers in the broader Salt Lake City region with a full suite of HVAC, plumbing, and electrical services, including repairs, replacements, and maintenance.
With a long history of organic growth and a workforce of more than 300 employees and technicians, Any Hour’s unique culture and track record of success has positioned it for continued
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
