Closed Loop Medicine, the global leader in the development of single prescription drug plus digital therapy (DTx) combination products to enable precision dosing, has closed a £13 million financing. 

Foresight Group has sold Selazar Limited, a logistics management software platform, to an independent global investment firm.

Based in Castle Donington, Belfast and London, Selazar is an end-to-end eCommerce fulfilment platform which aims to simplify and reduce the costs of fulfilling ecommerce sales orders for retailers and logistics providers. Selazar connects the four major components of ecommerce order fulfilment: product suppliers, fulfilment centres, couriers and retailers. Retailers are able to readily view and manage their stock, sales orders and returns through a single, unified platform.

Foresight has taken a proactive approach alongside the management team to strengthen the business.  Since the investment round in November 2019 led by Foresight, Selazar has fully launched its proprietary software platform and opened a base in Castle Donington, Leicestershire, strategically positioned in an area with a strong logistics presence. This also gave the company access to the large SME retailer market and its fulfilment partners, which has supported material growth in the company’s customer base. To meet this demand, Selazar has grown its team, with 30 high quality jobs created.

A landscaping usiness which maintains sites nationwide for leading supermarkets and utilities companies has secured a significant investment from Mercia’s private equity funds.

UK Landscapes, a family business which founded in 1997, now employs over 175 staff at its headquarters in Middlewich, Cheshire and regiol depots throughout the UK including Leeds, Glasgow, Cardiff, Reading and Harlow. The company serves blue-chip customers such as Asda, John Lewis, Waitrose, Shell, and Santander. The funding will enable it to step up its organic growth and pursue a ‘buy and build’ strategy in the sector.

Startup investment bank for the emerging markets JPIN VCATS has completed a significant fundraise for Koovers, India's largest B2B spare parts service based in Bengaluru. Koovers announced raising $1.5 million, with JPIN VCATS as one of the main investors. 

British Business Investments, a commercial subsidiary of the British Business Bank, has announced a £30m commitment to UK focused small cap specialist, Mobeus Equity Partners to its Fund V.

Permutive, an audience platform for publishers and advertisers, which enables media to be traded in a privacy-safe way, has secured $75M in Series C from SoftBank Vision Fund 2. It brings Permutive’s total raised to date to $105M, with previous investors EQT Ventures, Octopus Ventures, and ACE & Company also participating. The funding will enable Permutive to grow its patented on-device technology and scale its Audience Platform to create a global privacy-first infrastructure for programmatic advertising, now a $155B industry. 

Ripe Thinking Limited (Ripe), a UK-based digital underwriting and insurance distribution platform, has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake in the company. Aquiline is a private investment firm based in New York and London with $6.9 billion in assets under management, specialising in investments at the intersection of technology and finance. Financial terms of the transaction were not disclosed.

UK-based Unlock, a SaaS-enabled marketplace to build culture among remote teams, has raised a $2m seed round.  The round was lead by La Famiglia, with other investors including Kima Ventures, Antler, GuideStar Ventures and well-known angels Eduardo Ronzano, Thibaud Elziere, Frederic Montagnon, Julien Romanetto, Nicolas Steegmann, Philipp Moehring, Andy Chung, Ville Vesterinen and Deepali Nangia from Atomico Angel Network, Richard Faern, Ian Hathaway, Lu Li, co-founders of Personio and Foodora, VP Product at Malt and more.

Global venture capital firm Antler has invested in eight new portfolio companies as part of its Stockholm cohort. The startups focus on industries including recycling electrical devices, impact investing, and sustainable packaging, improving mental wellbeing, monitoring data centres and making communication more efficient with AI. This is Antler’s fifth cohort out of Sweden, and it has now supported 700 entrepreneurs and invested in 75 early-stage startups in the Nordics.

DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, has raised $115 million in Series D funding, led by Belgium-based investment firm Sofina and Lightrock India. Temasek co-invested in the round, with participation from existing investors Prosus, RTP Global, Sequoia Capital India and FMO.

The London Technology Club has invested in Cogniac, a leading provider of enterprise-class Artificial Intelligence (AI) image and video analysis across a variety of industries, including automotive, railway, manufacturing and government.

Market research platform Attest has raised $60 million in Series B funding, to continue its mission in helping brands be truly customer-centric via continuous insights. The round brings the total funds invested in the company to over $85 million.