Maven Capital Partners has backed the software provider to support product development and team expansion.
"We believe that Zinc offers an excellent opportunity for investment into a scaling business that is operating in a market supported by positive sector dynamics. The Company is led by a very capable team, and they have made good commercial progress to date. Revenues are backed up by strong recurring revenues and a positive deal pipeline of prospective new clients. We are delighted to have structured a debt and equity solution which will support the delivery of management’s ambitious targets."
Chrysalix Venture Capital has backed the developer of adaptive industrial intelligence systems in a seed round.
"Chrysalix is very excited to team up with Luffy. There is great potential for this technology to positively impact a very wide range of high value control problems,"
The pre-seed round was led by 468 Capital to fund team expansion and initial property purchases.
"The new generation of working professionals and creatives strives toward a flexible lifestyle, but also remains diligent about collecting a diverse range of investments. Real estate’s stability makes it indispensable to any well-balanced portfolio. What we love about Lilo is that it combines the best of both worlds – we’re absolutely thrilled to be part of this journey."
The Series B round was co-led by H.C. Starck Tungsten Powders and IQ Capital, valuing the business at £300m.
"We are excited to move our technologies from development to deployment in the market. We founded Nyobolt following the discovery of new anode technologies containing tungsten with remarkable fast charging capability to bring these properties to the market in applications touching all aspects of daily life. The funding from H.C. Starck will help Nyobolt to scale up our operations in the UK and United States and bring a more sustainable solution into the energy storage industry. Nyobolt technology will not only enable net zero both in the electrification of transport, but also the storing of clean and renewable energy on and off the grid. With the investment from H.C. Starck, Nyobolt’s ultra-fast charging, high power batteries will help lead the way towards achieving the clean energy goals set by governments around the world."
