The funding round was led by Lepe Partners with strategic participation from transport and payment leaders.
"Our mission is to transform everyday transport for millions of people in cities world-wide. The combination of Masabi, MasterCard and Keolis represents three companies working at the forefront of their respective fields to develop and deploy products, making this a reality,"
BGF has provided growth capital to support the aircraft seat manufacturer.
"We’ve worked hard to grow Acro and by investing every scrap we’ve made in our staff, products and infrastructure we have managed to double the size of the business every year for the past four years, but we still have ambitious plans. Our partnership with BGF will allow us to bring those plans to life, which is hugely exciting."
The independent communications agency has raised growth capital from BGF to fund acquisitions in the UK, the Middle East and South East Asia.
"This is a very exciting time for our business. In the past few years we have seen significant organic and acquisitive growth. With BGF’s backing, we can take this to the next level in the UK and overseas."