iDeals Update

Investments

• Quorum Cyber Security - £2.8m from Scottish Enterprise and Maven Capital Partners
• Wallet Services – investment by Par Equity and SIB
• Clear Surgical – investment by SIB and angels
• ODx Innovations – investment by listed US company
• Nude Finance Holdings - £3.4m future fund and other loans
• Venture Capital Firm – investment into software and data logistics company
• Therapeutics Client – equity investment by Japanese Contract Research Organisation
• Sofant Technologies - £2.3m investment by EMV Capital, Kelvin Capital, OCC, Wealth Club and SIB
• UniKLasers Limited – £750k equity financing round led by Par Equity with support from The Scottish Investment Bank
• Roslin Technologies – Vetsina Animal Diagnostics joint venture with DESTINA Genomics
• Seraphim Space - lead investor in £5.4m investment in Bamboo Systems
• The Nest Start - up Academy - seed Investment by family office
• Hello Ella – seed investment
• Qikserve Limited – investment by Par Equity members and private investors
• Sophia Technologies Limited – raise of £580k by private investors and Seedrs
• Hearing Diagnostics Limited – raise of £715k from Archangel
• MRM Global - £2.6m investment from BGF
• AdInMo – investment of $500k from Techstart
• Maven – investment into The Algorithm People
• Big Pi Ventures SARL – investment of £400k into Altered Limited
• Food business - £1m equity investment by two corporate investors
• Biotech scale-up- bridging round equity investment by consortium and angel syndicate
• Georgian FinTech - equity investment round
• Venture Capital Fund - Establishment of fund and investment into Gaia Technologies
• Talking Medicines – £1.1m equity investment by Tern PLC and Scottish Enterprise

M&A deals:

• Sale of Hit Entertainment to All 3 Media
• Sale of Redbud Media Limited to SourcePoint
• Sale of all software client entire business IPR to Huawei Technologies
• Acquisitions of Alston Law and Simpson & Marwick law firms by Aberdeins
• Acquisition of Ready4Retirement from Fosters Funeral Care
• Acquisition of e-commerce sports physio business
• Acquisition of e-commerce baby goods business

Restructuring / insolvency

• Jessops – ongoing advice to the administrators
• Great British Chefs – sale of the business as a pre-pack administration
• Out of the Woods Limited - security review and restructuring strategy
• Restructuring of global video conferencing group across six jurisdictions

Spin-outs

• In4Derm from University of Dundee
• TenBio from University of Dundee