Solutions
AKD Facilities Management will use a revolving credit facility from the alternative finance provider Growth Lending to strengthen cash flow and fund new projects, following an increased demand for its services.
AKD Facilities Management, a provider of security staff and guarding services to the retail, corporate, healthcare and public sectors, has secured a GBP750,000 revolving credit facility from the alternative finance provider Growth Lending, to support cash flow and accelerate future growth.
Growth Lending chose to invest in the business after witnessing AKD’s impressive response to the Covid-19 pandemic and the loyalty of its strong customer base. As restrictions
Adlib, the leader in Content Intelligence Cloud solutions has received a significant growth investment from Diversis Capital Partners, a Los Angeles-based private equity firm focused on software and technology-enabled services organisations.
Brett Mellon, Chief Executive Officer of Adlib, says: “This announcement is a testament to our team’s hard work and the company we have built. As we look to the future, we believe Diversis will be an excellent strategic partner for our business and boost investments in our team and technology as we accelerate our planned growth initiatives in our Content Intelligence Cloud platform for our customers and partners.”
“We
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in ProAnt, an add-on to Riverside’s Abracon platform. ProAnt is an antenna company providing a wide range of both embedded and external antenna solutions for RF and wireless IoT applications.
Founded in 2005 and based in Umeå, Sweden, ProAnt cutting-edge antenna technology to a global base of customers. The Company provides a variety of novel antennas for energy metering, medical, automotive, consumer, and industrial applications.
In 2018, Riverside acquired a majority stake in Abracon, a global provider of passive and
Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, has secured a significant investment from Montagu Private Equity.
Read the full story at Hedgeweek…
Seraphim Capital, a specialist investment group focused on the Space sector, has recently invested GBP2 million into two UK companies – Isotropic Systems (Isotropic) and Commodities AI (ChAI).
Isotropic is aiming to redefine satellite communications. Its revolutionary flat panel antennas will be capable of creating a mesh network by simultaneously connecting to multiple different satellites in different orbits. With the likes of SpaceX and UK-based OneWeb already deploying constellations of thousands of satellites to deliver high speed broadband connectivity from space, satellite connectivity is expected to skyrocket 35 fold by 2027 fuelling a USD400 billion potential industry.
Being able to
London-based fintech firms have already raised more VC investment in the first six months of 2021 than any other year, according to new research from Dealroom.co and London & Partners.
London’s strong performance has also helped to drive record levels of investment into Europe’s fintech sector, with European fintech firms raising USD13.9 billion, up 51 per cent on full year 2020 investment levels. London was at the heart of this growth, with its fintech firms accounting for over a third of all European fintech funding.
The bumper start to the year for VC funding sees the UK capital further cement
Micropep technologies (Micropep), an agricultural biotech company developing breakthrough peptide-based biological products for agriculture, has raised EUR8.5 million (USD10 million) in an oversubscribed Series A investment led by new investor Supernova Invest with participation from FMC Ventures, and existing investors Sofinnova Partners and IRDI Capital Investissement.
Based in Toulouse, France, Micropep was spun out from Centre national de la recherche scientifique (CNRS) and Toulouse University in 2016, a centre of excellence for AgriTech. The company has developed a proprietary technology to precisely enhance plant traits without altering DNA by spraying “miPEPs”, a unique family of natural peptides regulating plant microRNAs.
Blockpit, a specialist in the development of legally compliant and audited tax reports for the treatment of crypto assets, has closed its USD10 million Series A funding round.
The capital increase comes from no less than five internationally renowned investors from the FinTech and blockchain sectors. Among others, those venture capital firms are or were also invested in Coinbase and the blockchain protocols Ripple, 1Inch, Near, and Polkadot. The capital increase is intended to further develop Cryptotax, a tax reporting software developed in-house and regularly audited by a Big Four auditing firm. Another goal of the investment is to make
StepStone Group Inc (STEP), a global private markets investment firm, is to acquire Greenspring Associates, a venture capital and growth equity platform, and certain of its related entities.
The transaction is expected to close by the end of the year, subject to customary closing conditions, including regulatory approvals and receipt of requisite fund investor consents.
The combined team of over 70 venture capital and growth equity focused investment professionals working across the United States, Europe and Asia, would manage approximately USD22 billion of venture capital and growth equity assets, if measured as of 31 March, 2021. The combination would
Genstar Capital-backed Obsidian Insurance Holdings, an AM Best rated “A-” hybrid fronting group, has acquired admitted carrier, Western Home Insurance Company (Western Home), from Western National Mutual Insurance Company (Western National).
The acquisition supports the company’s strategic growth plans and together with Obsidian’s existing admitted carrier, Obsidian Insurance Company, Western Home will provide Obsidian’s current and existing program managers access to countrywide admitted insurance capabilities, including the sizeable California marketplace. Obsidian also offers countrywide E&S capabilities through its surplus lines carrier, Obsidian Specialty Insurance Company. Prior to closing, all remaining liabilities were assumed by Western National, an AM Best rated
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
