Drug company Maxwellia secures GBP3.2m in investment round led by Praetura
A business that is poised to transform the UK’s self-care market has secured a GBP3.2 million investment in a funding round led by Praetura Ventures Maxwellia, which is based at Alderley Park in Cheshire, aims to give people easier and faster access to the treatments they need by converting prescription-only medicines to versions that can […]
Sumeru to invest $300M in two Canadian software companies
Sumeru Equity Partners, a San Mateo, Calif.-based PE firm that typically targets tech companies in Europe and North America, has agreed to invest $200 million in Toronto-based Loopio and lead a $100 million strategic round for Vancouver, Canada-based Tasktop. Loopio, which provides software designed to streamline request for proposals, security questionnaires and other documents, raised […]
HUTCHMED Announces US$100 Million Equity Investment by Baring Private Equity Asia
Hutchison China MediTech Limited (“HUTCHMED”) (Nasdaq/AIM: HCM) today announces that it has entered into a definitive agreement for the issuance of US$100 million of shares at a price equivalent to US$30.5 per American Depositary Share (“ADS”) via a private placement to funds affiliated with Baring Private Equity Asia (“BPEA”). Mr. Christian Hogg, Chief Executive Officer […]
Oxford Endovascular raises USD10m in a Series A funding round
Oxford Endovascular, a British MedTech company and spin-out from Oxford University developing a treatment for brain aneurysms that will overcome challenges with existing medical devices, has raised USD10 million in a series A funding round The funding which was conducted in Pounds Sterling includes a GBP3 million investment from new investors Vulpes Investment Management, who […]
Tailify raises GBP3.7m Series A investment
Tailify, a full service influencer marketing company, has secured Series A funding from Guinness Asset Management, supported by existing investors Tailify builds influencer growth programmes for some of the world’s most ambitious brands. Mainly, Tailify helps brands select influencers, craft effective strategies and measure the result of that activity. With the help of their AI […]
Hutchison China MediTech secured $100M equity investment by Baring Private Equity Asia
Hutchison China MediTech Limited, has issued $100M of shares at $30.5 per American Depositary Share via a private placement to funds affiliated with Baring Private Equity Asia (BPEA). Each ADS represents five shares Proceeds will fund ongoing research and clinical development and support the further growth of commercialization capabilities both in China and globally. Mr. […]
Blackfinch secures 12 investment deals totalling more than GBP11 million ahead of deadline
Blackfinch Ventures has completed on 12 new investment deals totalling in excess of GBP11 million ahead of the tax-year-end deadline in a move which ‘significantly increases’ the number of technology and tech-enabled companies within its portfolio Familiar names such as Cadidate.ID, Staffcircle and Kokoon make up the seven companies to have received follow on investment […]
Nova Pangaea scales rapidly following NPIF investment
Tees Valley based cleantech company Nova Pangaea Technologies (Nova Pangaea) has experienced significant growth as a result of its two funding rounds with the Northern Powerhouse Investment Fund (NPIF), including a 45 per cent increase in staff numbers since January 2020 The company, which has invested in a number of senior recruits in recent months, […]
Ancala Partners invests further capital in Portsmouth Water to fund Havant Thicket Reservoir
Ancala Partners, an experienced investor in critical mid-market infrastructure, is to make a substantial further equity investment into Portsmouth Water, a regulated water business in the UK, to fund construction of the Havant Thicket Reservoir and support other growth projects. Alongside the additional funding, Portsmouth Water has signed a sustainability-linked financing package with ING, NatWest […]
SoftBank to lead nearly $1.2 billion investment in diagnostics firm Invitae
Invitae Corp said on Monday a group of investors including SoftBank Group Corp will invest $1.15 billion in the U.S. genetic diagnostics company. It said the investment, to be used for its growth initiatives, will be in convertible senior notes, which will bear 1.5% interest per year. The company said the notes will have an […]
