17th July 2019
Crypta Labs has completed a £2.7 million (US$ 3.4m) funding round led by Bloc Ventures and includes £1,000,000 (US$ 1.3m) debt finance from Innovate UK.
Crypta Labs is a quantum cybersecurity company which develops IP, hardware and related software using the quantum properties of light to secure highly critical data and communication devices embedded in critical infrastructure for the aerospace, communication, medical, military, and transport sectors.
16th July 2019
Tyk Technologies Ltd, creators of an industry-leading API gateway and management platform, has secured £4m in Series A funding, led by MMC Ventures to accelerate its business securing, simplifying and scaling organisations’ API programmes.
The MMC Ventures-led Series A funding will be used to accelerate Tyk’s presence in rapidly-growing markets, specifically the US, where the company has established itself as the key challenger brand in the API space against competitors like Google’s Apigee, CA Technologies, and IBM. Tyk will be opening an office in Atlanta this summer to add to the Singapore office opened in 2017.
15th July 2019
Beauhurst identifies the UK’s top Wearables startups, highlighting key sector trends and patterns.
12th July 2019
Maven Capital Partners has completed a £2.5 million investment to support the continued growth of pioneering software developer Filtered Technologies Limited.
Filtered Technologies Limited provides advanced, AI-driven learning and development software to the corporate market, as well as training content to the corporate and retail markets. Maven’s investment will help to accelerate Filtered’s continued technological innovation and further strengthen its highly regarded customer success and sales teams as the business grows.
11th July 2019
A data pipeline management company set up by Google alumni and supported through its early days by Y Combinator, has secured a $2 million investment from LocalGlobe and angel investors. Dataform is building a platform to transform the way businesses manage their data warehouses, helping data teams publish, test and collaborate on datasets at scale. The seed funding will help the company continue to grow both its sales and engineering sides of the business and further develop its product.
11th July 2019
The Riverside Company, a global private equity firm, has completed an investment in Compana, a German provider of recruitment software solutions for the temporary staffing sector and other verticals with complex recruiting requirements. The company will join forces with Riverside’s existing portfolio company GermanPersonnel, bringing together two e-recruiting businesses with a complementary skillset to drive innovation and growth.
11th July 2019
Main Capital has made an investment of nearly 50 million Euro in GBTEC, a leading player in Business Process Management. With a strategic stake of 51 percent, Main Capital pushes the continuous growth and progressive internationalization of the software specialist from Bochum, Germany.
10th July 2019
LGB Corporate Finance, which provides M&A advisory and capital raising services to companies, entrepreneurs and financial sponsors, has raised £7m for RHEON Labs in an over-subscribed Series A equity capital raise. The funding will enable the accelerated commercialisation of RHEON Labs’ patented technology in Europe and North America, where it is experiencing strong growth as its technology becomes recognised as the global standard for impact resistance and energy control.
9th July 2019
Simulation software developers Simul Software Ltd, has received a £150k investment from NPIF - Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund. The Fund is delivered by MSIF working with Maven in the Liverpool City Region. Founded in October 2007, Simul is a simulation software company that specializes in real-time rendering. TrueSKY, one of the company’s best-selling products, offers real-time rendered weather & sky for
9th July 2019
Beauhurst analyses the top tech VC deals so far in 2019.
8th July 2019
Maven Capital Partners has led a £3 million funding round in Manchester-based DigitalBridge, a Guided Design platform for kitchen and bathroom retailers. Today’s transaction comprises a £1.5 million package from Maven’s Venture Capital Trusts (VCTs) and £1.5 million from the NPIF Maven Equity Finance, a regional development fund managed by Maven which forms part of the Northern Powerhouse Investment Fund. The funding will support the roll-out of DigitalBridge’s platform and the creation of 15 new jobs. It will also enable the company to create additional products and penetrate new markets, particularly the US. DigitalBridge has been working with Kingfisher Plc (owners of B&Q and Castorama) since 2017.
4th July 2019
GeckoLabs, a company whose software platform helps universities to engage and recruit students, has secured £1.8m investment from Mercia Fund Managers, the Scottish Investment Bank’s Co-Investment Fund and existing angel investors.