Backbone, a platform powering game streaming and core gaming on mobile devices, has announced a $40M capital raise in Series A funding.

A new social app built for sports fans, Sportening, has officially launched out of beta stage after raising £5.3million in seed funding, with a significant investment from Real Madrid star and Ballon d’Or winner Luka Modric.

BDO LLP has advised on the acquisition of HPCi Media, a leading B2B publisher, specialising in cosmetics, beauty and health media.  

LoopMe, a leading brand-focused mobile advertising platform, has announced Mayfair Equity Partners, a leading tech and consumer growth investor, as its new investment partner. 

Foresight Group LLP has made a £4m investment into Newsflare Limited from its VCT funds, together with an additional £1m investment from existing investor, Edge Investments. Foresight has a well-established track record of investing in the technology, digital and media landscape across its institutional and listed funds.

UK-based technology company Hinterview has raised £3m in Series A funding. The award-winning video platform for the recruitment sector has experienced soaring demand for their technology, with growth continuing this year as the recruitment industry bounces back in a new era of hybrid-first working.

Print and Digital media business, Country and Town House, has secured a £400,000 loan from the Greater London Investment Fund (GLIF).  The funding will enable the company to recruit additional staff across their marketing and sales departments and upgrade their web platform.

Yorkshire-based entrepreneur, Tim Whitworth, of private equity house TIM Group Holdings, has backed an exciting new digital marketing start-up. Created by young female entrepreneur Chloe Byrne, Audience was conceived with the primary purpose of connecting smaller businesses with their target audiences.

Lead generation technology company, ROI Media UK, has acquired Norwegian digital marketing business, Effective Marketing. 

Livingbridge, one of the UK’s leading mid-market private equity investors, has invested in leading social media publishing business, Jungle Creations. The investment was made through Livingbridge’s Enterprise 3 fund, which invests in fast-growth SMEs.

NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund (NPIF) has invested in XR Games Limited, a game development studio in Leeds specialising in immersive AR and VR content. Existing investor ACT Capital Partners also followed on from their previous investment. The funding will allow the business to invest in product development and create 20 new roles in the Leeds based studio.

Leading podcast publisher Auddy Limited, has announced the acquisition of Radio Wolfgang, producer of branded podcasts for clients such as Soho House, Greenpeace, Selfridges and Primark. Its personalities, presenters and stars have included Jonathan Ross, Rick Edwards and online sensation Estée Lalonde.