Technology
BGF invests £6m in Petrotechnics
The Business Growth Fund (BGF) has backed Aberdeen-based Petrotechnics, a provider of software solutions for risk management in hazardous industries, with a ТЃ6m investment.
Axa PE takes 15% stake in Clip Industrie
Axa Private Equity has acquired a 15% stake in Clip Industrie, a French production management system software publisher and developer.
Target Partners exits JouleX in $107m trade sale
Target Partners has sold its stake in IT energy management company JouleX Inc to US high-tech business Cisco.
Octopus leads £2.95m investment in Conversocial
Octopus has led a ТЃ2.95m investment round for social media management software company Conversocial.
Main Capital exits Iaso in trade sale
Main Capital Partners has exited Netherlands-based Iaso Backup Technology to US-based trade player GFI Software in a “double-digit-million-euro transaction”.
LDC backs MBO of Node4
LDC has backed the management buyout of UK-based IT and communications services provider Node4 Ltd.
British Gas leads £7m investment in 4energy
British Gas has led a ТЃ7m investment in 4energy alongside existing investors Environmental Technologies Fund (ETF), Carbon Trust Investments and Catapult Venture Managers.
ACT et al. invest $5.2m in Cubic Telecom
ACT Venture Capital, Enterprise Ireland, TPS Investments and US telecoms giant Qualcomm have jointly invested $5.2m in Dublin-based global connectivity specialist Cubic Telecom.
Linnaeus leads $3m round for M2fx
Linnaeus Capital Partners has led a $3m funding round for UK-based fibre cable protection manufacturer M2fx.
Balderton Capital et al. invest $13.4m in Urturn
Balderton Capital has led a series-A fundraising round of $13.4m for Urturn, a UK social media platform.
Industrifonden, Zobito et al. invest SEK 20m in Qwaya
Industrifonden and Zobito have joined previous owners to invest SEK 20m in Swedish social media advertising business Qwaya.
Oxford Capital et al. in $3m Celoxica round
Oxford Capital Partners has led a $3m funding round for London-based ultra-low latency market data provider Celoxica.
Iris and Elaia invest €1.3m in Adomik
Iris Capital and Elaia Partners have injected €1.3m in a series-A funding round for Paris-based ad-exchange adviser and analysis platform provider Adomik.
GMT and Veronis buy IT-Ernity from Nedvest
GMT Communications Partners and Veronis Suhler Stevenson have bought a majority stake in IT-Ernity from Nedvest Capital.
Earlybird Venture et al. invest $2.8m in Versus IO
Earlybird Venture Capital, 500 Startups, High-Tech Gründerfonds (HTGF) and two angel investors have backed product comparison platform Versus IO in a $2.8m series-A funding round.
Inventure and Nexit back $5.2m round for Rightware
Inventure and Nexit Ventures have reinvested in Finnish user interface software developer Rightware, which has closed its $5.2m series-B funding round.
Valar Ventures leads $6m round for TransferWise
Valar Ventures, which was set up by Facebookтs first outside investor and Paypal co-founder Peter Thiel, has led a $6m series-B funding round for London-based currency exchange site TransferWise.
EQT to acquire IP-Only for SEK 680m
EQT has agreed to acquire IP-Only Telecommunication AB, a Swedish fibre-based data communication provider.
Verdane Capital exits KSD to Descartes
Direct secondaries specialist Verdane Capital has sold KSD Software Norway AS to The Descartes Systems Group for NOK 190m.
Investment AB Kinnevik et al. invest $20m in Foodpanda
Investment AB Kinnevik and Phenomen Ventures have led a funding round in excess of $20m for Foodpanda, a global food delivery service.
FTBPro raises $5.8m from VC duo
Battery Ventures and Gemini Israel Ventures have provided $5.8m to FTBPro, a fan-generated football content platform based in London.
Octopus leads £2m TrialReach round
Octopus Investments and Amadeus Capital Partners have provided UK-based clinical trials search business TrialReach with a ТЃ2m round of funding.
3i sells Civica to Omers Private Equity
3i has sold specialist IT systems and services firm Civica to Omers Private Equity for an enterprise value of ТЃ390m.
ECM acquires MediFox Group
ECM Equity Capital Management has acquired MediFox Group, a German software provider for the care industry, alongside management as part of a succession solution.