Expansion
BGF invests £2.8m in Arran Aromatics
The Business Growth Fund (BGF) has invested ТЃ2.8m and taken a minority stake in Arran Aromatics, a Scottish luxury toiletries company.
SAEV backs InflowControl
Saudi Aramco Energy Ventures (SAEV) has backed InflowControl, a Norway-based provider of inflow control device (ICD) technology designed to increase the recovery and production from oil and gas fields.
ThingLink raises $2m in Inventure-led second funding round
Helsinki-based image interaction company ThingLink has raised $2m in a funding round led by existing backer Inventure.
Large VC rounds: France outpaces neighbours
France was home to six of the 20 largest venture investments completed so far this year in Europe, with Germany following closely behind.
BPI France invests €1.5m in Sigmaphi
State-backed BPI France has injected €1.5m into Brittany-based Sigmaphi, a specialist manufacturer of electro-magnets and particle beam transport lines for particle accelerators.
HTGF et al. back fos4x for second time
High-Tech Gründerfonds (HTGF), Bayern Kapital and UnternehmerTUM have invested in fos4x, a technology provider for wind turbines, for the second time in little more than a year.
BGF backs Xercise4less with £5m
The Business Growth Fund (BGF) has injected ТЃ5m into Xercise4less, a fitness chain founded by ex-rugby player Jon Wright.
Capman invests in Maykor
Capman has taken part in a $100m funding round for Maykor, a Moscow-based IT outsourcing service provider, via its Capman Russia II fund.
Greycroft and iNovia back Tagman
Greycroft Partners and iNovia Capital have led a $5m funding round for UK-based Tagman, a global tag management system (TMS) provider.
IBB reinvests in Yachtico
IBB Beteiligungsgesellschaft has invested in Yachtico, an online platform for yacht hire, marking the GP's second investment in the business in the space of two years.
Redalpine invests in Trekksoft
Swiss venture firm Redalpine has invested $800,000 in Trekksoft, an online tour and activity marketplace.
Creathor Ventures backs Toroleo
Creathor Ventures has co-invested in online car equipment comparison platform Toroleo, a portfolio company of Project A Ventures.
Foresight et al. invest in Biofortuna
A consortium of existing backers has injected ТЃ1.3m into Biofortuna, a UK-based molecular diagnostics company, to fund further growth.
BGF invests £2.25m in Abacus e-Media
The Business Growth Fund (BGF) has invested ТЃ2.25m in UK content management system provider Abacus e-Media.
German Startups Group et al. back sporTrade
German Startups Group (GSG) has invested in online sport equipment marketplace sporTrade alongside IBB Beteiligungsgesellschaft and private investor Hans-Dieter Lochmann.
Target Partners et al. invest €6m in Falcon
Target Partners has led a тЌ6m funding round for Falcon Social, a Danish firm developing a social media management software-as-a-service (SaaS) platform.
EQT backs Swiss Smile
EQT has invested CHF 44m in a later stage growth funding situation involving Switzerland-based dental chain Swiss Smile.
Northcap and T-Venture back Veliq
Northcap and T-Venture have injected $9m into a series-B funding round for Veliq, a Netherlands-based mobility platform-as-a-service (mPaaS) creator.
Industrifonden and Zobito back inRiver
Industrifonden and Zobito have invested SEK 20m in Swedish software company inRiver.
Sovereign Capital's Christchurch Group buys Hunters Moor
Christchurch Group, a neurological rehabilitation platform backed by Sovereign Capital, has bought Hunters Moor, also a provider of neurological rehabilitation services.
PMV backs Rapidfit
PMV has backed Rapidfit, a Belgium-based 3D printing specialist for the automotive industry, with a combination of equity and a subordinated loan.
Finatem buys 40% stake in FMW Industrieanlagenbau
Finatem has bought a 40% stake in FMW, an Austrian manufacturer of industrial plants, from private equity house Hannover Finanz and FMW’s management.
Kreos Capital leads round for GetTaxi
European GP Kreos Capital has led a $12m series-C funding round for GetTaxi, an enterprise and consumer taxi app, as the company launches its first US office.
Industrifonden et al. back SEK 10m round for Foap
Industrifonden and Maxwell Ventures have taken part in a SEK 10m funding round for Sweden-based Foap, a mobile photography start-up, alongside a number of private investors including Magnus Wilkne.