Imperial Innovations Group plc has invested £250,000 in Equinox Pharma Limited, a company providing advanced software products to the pharma and biopharma industry. The investment in Equinox was part of a £500,000 seed funding round, which also included a £250,000 investment from NetScientific Ltd.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019