Klub Announces the First Close of Its ₹200 Crores Revenue Based Financing Fund
- 2 years 11 months ago
- Fund Management
Klub, India’s leading Revenue Based Financing (RBF) platform, announced the first close of its new fund, Aceler8, to invest ₹200 crores in consumer and SaaS businesses. Klub’s Aceler8, a SEBI registered Category II Alternative Investment Fund caters to growth-stage and late-stage D2C brands, recurring-revenue digital businesses, and SaaS companies. The fund can invest capital ranging from ₹50 lakhs to ₹20 crores to digital businesses for their... more
Beechbrook Capital Achieves a First Close on its Third UK SME Credit Fund
- 2 years 11 months ago
- Open Account, Fund Management
Beechbrook Capital has achieved a first close on its third UK SME focused fund, raising £120m, including the fund and separately managed account commitments. This fund has attracted repeat and new institutional investors, including British Business Investments, the Greater London Authority Strategic Reserve and the Greater Manchester Pension Fund.
Antler’s UK Fund Closes £21.4m Fund to Back 70 New UK Technology Companies as They Grow
- 2 years 11 months ago
- Fund Management
Antler has been invested in The UK since 2019, and plans to invest in at least 70 companies from its first fund. The global venture capital firm’s core focus is backing tech startups at early-stage, but it will now also invest in companies from Pre-Seed to Series C. Antler invests in both talented individuals and pre-seed stage companies through its cohort model. The next London cohort will launch in February 2022.
Responsible Funds Continue to See Significant Inflows With an Extra £1.5bn Invested in October – Ia Statistics
- 2 years 11 months ago
- Investment, Fund Management, Data
Responsible investment funds experienced strong inflows in October according to the latest set of Investment Association (IA) data, released today.
Funding Circle Launches New Embedded Finance Solution
- 2 years 11 months ago
- Lending, Fund Management
The new capability enables partners to seamlessly offer Funding Circle loans of up to £500,000 to small businesses within their own website Powered by Funding Circle’s machine learning and Instant Decision technology, their customers can apply within minutes, receive a decision in seconds and have money in their account within 24 hours
Sonovate & XPO Strike Exclusive Funding Partnership to Resolve Payment Disconnect Between Brands and Their Influencers
- 2 years 11 months ago
- Fund Management, Payments, Financial
Sonovate becomes sole funding partner to XPO for fast influencer payments by brands Influencer marketing market worth $14bn globally, and still growing Sonovate data shows 57% of young people believe freelance work gives them the flexibility to experiment with different career routes But 56% of contract workers will only work for a company which had a track record of paying wages on time, and 48% refuse to continue to work for a company which... more
Calastone Announces Strategic Partnership With Microsoft to Accelerate the Digital Transformation of Funds and Collective Investments
- 2 years 11 months ago
- Fund Management
· Calastone and Microsoft share vision for digitally enabled collective investments and funds · Calastone introduced its innovative DMI Fund Services solution leveraging Distributed Ledger Technology (DLT) alongside existing proven technology together with its global funds network to enable digital transformation for funds market participants
BCR Publishes its 3rd Annual Report Demonstrating How the Alternative Remedies Package has Shifted the Market for SME Banking
- 2 years 11 months ago
- Fund Management, IT Innovations
BCR also provides progress updates on Public Commitments from Pool A, B, C and D Capability and Innovation Fund recipients BCR Annual Report
1741 Extends Partnership with NeoXam by Upgrading to Fund Accounting Software GP4
- 2 years 11 months ago
- Fund Management
The 1741 Group have reaffirmed their longstanding partnership with NeoXam, a leading financial software provider, by becoming one of the first customers to move across to the latest software generation of NeoXam’s fund accounting software GP4.
British Patient Capital Invests in Thought Machine’s Series C funding round
- 2 years 11 months ago
- Investment, Fund Management
British Patient Capital announces a follow-on investment to Thought Machine, as the company announces the close of its Series C funding round at $200m. The new funding round raises Thought Machine’s valuation to more than $1bn. The round was led by Nyca Partners. Thought Machine’s core banking platform, Vault, is now in production with major banks and fintech companies around the world. This announcement follows a period of accelerated growth,... more
British Patient Capital invests in Quell Therapeutics’ $156m funding round through Future Fund: Breakthrough
- 2 years 11 months ago
- Investment, Fund Management
British Patient Capital announces its participation in Quell Therapeutics’ Series B funding round as Quell announces the close of the round at $156m. The deal is the first life sciences investment from Future Fund: Breakthrough, a £375m programme where British Patient Capital co-invests with private sector investors in innovative R&D-intensive UK companies.
Vauban Raises £4.7m to Provide Investors With an End-to-end Platform to Easily Launch and Run a Venture Capital Firm Online
- 2 years 12 months ago
- Fundraising News, Fund Management, Infrastructure
Vauban is building the infrastructure and network powering the global alternative investment industry. The platform provides venture capital fund managers and angel investors with everything they need to raise and invest capital quickly and simply. Users can set-up, deploy and manage Funds and SPVs online, from multiple global investment jurisdictions, at a fraction of the usual time and cost.
Ecommerce on the Rise With Merchant Cash Advance Funding
- 2 years 12 months ago
- E-Commerce, Fund Management
47% increase in demand for flexible funding for online businesses · 365 Business Finance reports 35% rise in average amount advanced for ecommerce customers Online businesses have been thriving over the last two years, showing no signs of slowing down when it comes to their growth or popularity among UK consumers.
KNEIP to Provide Transparency and Efficiency for the Investment Funds Industry in Europe through Nasdaq Fund Network
- 3 years 22 hours ago
- Asset Management, Fund Management, Data Management
KNEIP, a leader in fund data management and reporting solutions for the asset management industry, today announced a partnership with Nasdaq to register investment funds in Europe on the Nasdaq Fund Network (NFN), providing enhanced transparency and accessibility of investment products in Europe with standardised 5-character symbol.
Legend Capital Leads TuringQ's Pre-A Funding
- 3 years 1 week ago
- Investment, Fund Management
On November 10th, TuringQ, China's first photonic quantum computing company, announced its completion of a pre-A round of financing of several hundred million yuan, led by Legend Capital. The funds will be mainly used for R&D and commercialization of quantum algorithms.
