Maven Capital Partners is a private equity firm operating in the UK market.
Maven Capital Partners led the investment to help the digital ticketing platform scale its team and geographic reach.
"Digital ticket management is a growth market and Tixserve operates in a relatively underserved segment of the ticketing ecosystem already supporting a number of blue-chip customers with its platform."
The funding was led by Maven Capital Partners to support product development and team expansion.
"The funding from the British Business Bank and the Midlands Engine Investment Fund II will enable TSC to continue its growth journey, and transition its simulation portfolio to support the sustainable and low carbon energy sector. Thanks to Maven for supporting us professionally and efficiently throughout the application process."
Maven Capital Partners led a £2.6m investment to support the precision optics pioneer across its UK and US facilities.
"PowerPhotonic’s commercially proven technology, strong IP portfolio and experienced team underpin a highly scalable business with significant global potential. The company operates in sectors where demand for precision optics is accelerating, and its ability to deliver complex, high-performance components sets it apart. We are excited to support PowerPhotonic’s next phase of growth and believe the business will significantly benefit from the value-add of a strategic investor with significant experience in growing businesses globally."
Maven Capital Partners backed the cybersecurity specialist via the South West Investment Fund to support manufacturing growth and recruitment.
"Blueskytec has developed a cybersecurity solution that addresses a critical gap in the market, particularly for infrastructure and operational technology systems. Given the rapidly expanding threat landscape and the regulatory imperative for enhanced cyber assurance, the addressable market for the company’s solution is large and growing. We’re delighted to back Chris, Nicky and the team at such a pivotal point in the company’s journey and look forward to working with them as they continue to expand."
The investment round includes participation from Souter Investments, Lanza techVentures and Scottish Enterprise.
"Approov is a leading innovator in mobile app and API security with proven applications in multiple target sectors. With their strong IP and the growing demand for API-level defences across the industry, the business is uniquely positioned to lead this next era of mobile security. We look forward to working with Ted and the team to drive the business forward at such an exciting point in the company’s growth journey."
