Acceleris has invested in Power Roll, a developer of a game-changing, ultra-low-cost and lightweight flexible film for energy generation and storage, as part of a further £3m round, taking total investment in the firm to £5.8m over two funding rounds completed in the last six months. ?

NVM Private Equity investee company QV Systems has announced its latest partnership with the Licence Bureau. This partnership completes QV Systems’ fleet management solution, by including the ability to check drivers licences alongside other compliance checks. 

Ally.io, a hypergrowth technology company specializing in goal-setting and business execution software, announces today a $50M (£36.5M) Series C funding round led by Greenoaks Capital. Tiger Global, who led the company’s Series B round, and Madrona Venture Group also joined the round, as well as previous investors Accel, Addition Ventures, Founders’ Co-Op, and Vulcan Capital. 

Cambridge GaN Devices (CGD) has raised $9.5 million in Series A funding. The investment was co-led by IQ Capital, Parkwalk Advisors and BGF, and includes investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels and Cambridge Capital Group. The funding will be used by CGD to expand its product portfolio of energy-efficient power devices and to double the size of its team.

Intelligence Fusion has secured a £400,000 investment from a number of sources to continue its growth in the expanding global intelligence market.  Led by Maven Capital Partners, the funding has been provided by the Finance Durham Fund, The Future Fund and existing investors.  The follow-on investment will support the business as it enters its next phase of growth after it successfully developed and launched its intelligence data feed platform two years ago. 

Mobile authentication platform tru.ID is exiting stealth mode having secured a £3m funding round from investors including Episode 1, MMC Ventures and NHN Ventures. tru.ID has been launched by experienced industry insiders to help developers eliminate passwords and bring user authentication into the 21st century.  

CorrosionRADAR – whose technology can detect and predict corrosion in pipelines - has attracted funding from the Middle East’s largest oil and gas company as part of a £2.9m investment round.

Saudi Aramco Energy Ventures led the Series A round, with support from existing investors the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), Mercia’s EIS funds and angel investors.

Outpost VFX, a fast-growing UK-headquartered film and TV visual effects company, has secured a multi-million pound investment from funds managed by YFM Equity Partners (YFM) which will enable it to develop its infrastructure, company culture and proprietary platforms, as well as providing a solid base for further international growth across its four international locations.

Indra, the fast-growing electric vehicle and smart energy technology company developing innovative charging and energy storage solutions for home and commercial use, has secured a £6million investment led by the UK venture capital fund, Clean Growth Fund (CGF), alongside Gulf Oil International (Gulf). Through their investment in Indra, Gulf is making its first strategic move into the e-mobility/electric vehicles sector.

Maven Capital Partners has led a £1.75 million investment into marketing technology company, Leaf.fm Ltd. The innovative performance marketing services provider secured £1 million through the North East Development Fund, supported by the European Regional Development, and £750,000 through The Future Fund, a government scheme backed by the British Business Bank. Funding will enable Leaf to invest in its engineering and data science teams, sales & marketing activities and expand its Newcastle operations to deliver on its ambitious expansion plans, whilst continuing to roll out a number of exciting product enhancements.

Turin-based e-mobility and advanced materials venture Tau has secured an investment of a consortium of two leading Middle Eastern sovereign wealth funds, the Russian Direct Investment Fund (RDIF) and a German investment manager to top up its ongoing series A equity investment round to a total of EUR 6.75m. This round’s initial investment was made by the corporate venturing arm of German specialty chemicals company Altana AG.

AttoCore, the developer of scalable and flexible 4G and 5G core network solutions is pleased to announce a strategic investment from Lansdowne Investment Company Cyprus Ltd.