Floreat has completed an investment in fintech firm CreditEnable via its Principal Investment Fund I Limited.
"Millions of creditworthy SME firms in developing countries are underserved by the formal financial sector. This represents a USD4.5 trillion global SME credit gap in developing economies (with India representing USD221 billion)"
The round was led by Target Global and will support workforce growth and expansion across Europe.
"When we built Zego from scratch three years ago, our mission was to transform the insurance sector by creating products which truly reflected the rapidly changing world of transport"
The funding round was co-led by Impulse VC and VentureSouq to support product development and international expansion.
"Tech-enabled services for the property industry are a super-hot trend right now. GuestReady is poised to disrupt this market as one of the fastest growing companies in the segment of short-term rental management."
The Southampton radiation detection specialist secured £3m from existing backers to fund its US expansion.
"We are delighted to have secured this latest round of growth funding, which has demonstrated continued support from existing investors and will enable us to take full advantage of the global growth opportunities we are presented with. Our range of market leading radiation detection technologies provide real world solutions to real world challenges and expanding our operations in the US is a key tenet of our growth strategy."
The funding round was led by S2G Ventures with participation from AgFunder and the Scottish Investment Bank to support global expansion and product development.
"Indoor agriculture production is at a tipping point. Grocery and food service firms have never been more interested in adopting this in their future supply chain. Cost and quality of product will be critical to scale this adoption. IGS’s revolutionary technology has proven itself to reduce power consumption, improve ventilation and hence reduce the capital and human costs to deliver fresh and differentiated products to consumers,"