Foresight Group backed Ruleguard with a £3.5m growth equity investment to expand its software capabilities and market reach.
"Ruleguard represents a great opportunity to invest in a rapidly growing Reg Tech business with high quality recurring revenues and excellent customer feedback. The Company’s target market is large and expanding, with increasing regulatory complexity necessitating increased adoption of specialised technology. Ruleguard’s well-rounded team is well placed to drive further rapid growth, and we look forward to being part of the Company’s next growth stage."
The London-based studio secured backing from Lakestar and Project A to expand its team and scale the launch of Sunshine Days.
"I’m thrilled on behalf of my whole team that I get to share this funding news today. At Netspeak, we strive to get past our industry’s obsession with the latest trend or newest technology and make games that truly express the potential of our medium – by building worlds our players will want to spend time in by giving them tools to express and explore their identities and by creating experiences that they can share with friends, old and new."
Praetura Ventures has backed the Manchester digital payments start-up to help scale its services globally.
"I am excited for what will be the most transformational phase for both wi-Q and hospitality technology. The global pandemic has accelerated both the demand for, and adoption of mobile ordering, and hospitality brands will want to have much more than ordering functionality to give them a competitive advantage. With this investment, we are looking ahead to the next chapter that will see convergence of technology to generate revenue and digital engagement. The most innovative hospitality brands are already working with us to bring big data and AI into their wi-Q solution to maximise guest experience and revenue opportunities."
The Series A round was led by Active Partners alongside a group of prominent female angel investors.
"At Code First Girls, our mission is to close the serious, long-term gender gap in the tech industry by giving women the opportunity to learn to code and get jobs in tech, at no cost to them. We’re growing at an incredibly fast pace, with businesses, government and universities across the country getting on board because they recognise we’ve found a model that works."
