(BUSINESS WIRE)–Delphinus Medical Technologies, Inc., the leader in advanced breast ultrasound technology, announced today that the SoftVue™ Discover Breast Ultrasound Prospective Case Collection project has launched, enrolling the first patient. Qualified participants will undergo screening digital mammography as well as SoftVue 3D whole breast ultrasound exams. Information gathered from the project will compare SoftVue imaging to digital mammography to determine the effectiveness of detecting additional cancers with SoftVue that are not seen with mammography alone, particularly in women with dense breast tissue.
European startup set to revolutionise purchasing decisions in a digital era by providing real-time, interactive advice across all channels.
SMARTASSISTANT, the global technology provider for intelligent Digital Advice, has secured €5 million in Series A funding led by growth capital investor Beringea. The funds will further SMARTASSISTANT’s mission to make Digital Advice ubiquitous and help people make smarter decisions.
Marketing analytics and insights company takes funding to continue global growth as brands face mobile optimisation challenge
DeepCrawl, a leading web crawler and search marketing analytics and insights company, has taken £1.75 million in Series A funding led by growth investor Beringea. Beringea is investing £1.5 million, with the remaining funding provided by existing individual high net worth investors.
Beringea has announced the acquisition of portfolio company MatsSoft – a ‘low-code’ company that enables brands like Vodafone, Nationwide, ITV and the Department for Education to build web and mobile applications with minimal coding.
Founded in 2008, MatsSoft has built up an impressive roster of clients, and was named one of “The 14 Providers that Matter Most” in Forrester’s first low-code Wave Report. The deal sees Netcall – a multichannel customer engagement solutions provider – acquire 100% of the equity in MatsSoft. The acquisition will allow Netcall to extend its offering to clients in the public and private sectors, as well as access the rapidly growing low-code market, which Forrester predicts will grow to over $21billion in the next five years.
Beringea, the growth capital investor, has realised its investment in portfolio company Third Bridge after a four-and-a-half year holding period. The sale was part of a transaction in which IK Investment Partners acquired a minority stake in the fast-growing primary research provider. Completion, which is subject to legal and regulatory approvals, is expected in July.
Day Lewis Pharmacy will acquire APM Healthcare’s 18 pharmacies, extending its network to 300 pharmacies across the country
Growth capital investor Beringea today announced that APM Healthcare has been acquired by national pharmacy chain, Day Lewis Pharmacy. In the sale, Day Lewis will take over APM Healthcare’s 18 UK pharmacies, which it runs in Joint Venture Partnerships with GP Practices across the country.
Retail app commerce company secures £3.5 million in funding round led by Beringea after tripling its revenue in one year
App commerce company Poq has secured £3.5 million in its latest funding round, led by growth capital investor Beringea with additional funding from Meyer Bergman and Barclays. This round brings the total amount raised by Poq so far to £7 million.
Poq provides a Software-as-a-Service platform (SaaS) that enables retailers to build engaging shopping apps for their customers. Unlike traditional agency-built apps, Poq’s service operates on its proprietary platform, ensuring that apps are refreshed in real-time with the latest updates. Retailers using Poq’s platform can access in-app data that provides insights into their customers’ shopping habits, giving them a deeper understanding of how customers use their service.
ProVen Legacy plc has completed deals with healthcare marketing agency Cogora and fintech company Celoxica
Growth capital investor Beringea has launched a new lending company, ProVen Legacy plc (“ProVen Legacy”), and closed its first two deals. Healthcare media and marketing firm Cogora and fintech company Celoxica have received £500k and £250k loans respectively to support them in their next stage of growth. Both companies are existing investments of Beringea’s VCT funds; ProVen VCT and ProVen Growth & Income VCT.
ProVen Legacy is designed to help investors mitigate inheritance tax (IHT) and preserve their capital. Investors should be able to benefit from up to 100% tax relief from IHT on the value of their ProVen Legacy shares, provided that they have been held for at least two years and at the time of death. This strategy is designed to meet the conditions of Business Property Relief, a tax incentive established by the government to encourage investment into trading businesses. The investments into ProVen Legacy will be used to support growing companies across a range of industries as they enter the later stages of their scaling journeys, offering loans of up to £5m.
Beringea have announced that it has sold a majority stake in long term investment SPC international – a global IT hardware support company. Beringea initially invested in the company in 2003, and made two follow on investments, providing a total of just under £2.7m over five years. SPC has revenues of c.£20m and operates in five countries. Beringea will retain a 5% stake in the business going forward.
· Firefly Learning achieves largest early stage fundraising in Edtech sector
· Product already used by 480 schools in 32 countries
· Business founded by two entrepreneurs who nurtured their boyhood startup
Firefly Learning, an Edtech business dreamt up by two London school boys to help them revise for exams, has secured the biggest series A fundraising ever seen in the UK Edtech sector. The online tool, which can be used by teachers, students and parents, has raised £4.5 million from BGF Ventures and Beringea*. BGF Ventures is the leading investor, contributing £3 million.