IFS Maven Equity Finance Invests £750k in Corporate Modelling Services (CMS)

IFS Maven Equity Finance Leads £2.2M Investment in Scotmas Group

January 15, 2025

Environmental Services

Scotmas Group, a B-Corp accredited chlorine dioxide water treatment specialist based in Kelso, has secured £2.2 million in growth capital led by IFS Maven Equity Finance with support from Scottish Enterprise and the British Business Bank. The funding will be used to accelerate international expansion (Middle East and South America), increase manufacturing capacity at the Kelso plant, and support product development and UK commercial/service team growth.

Investment Fund for Scotland (IFS) Invests £400K in Praveen Kumar

August 12, 2024

Food & Beverage

Perth-headquartered ready-meals producer Praveen Kumar has received a £400,000 equity investment from the Investment Fund for Scotland (IFS) via the IFS Maven Equity Finance programme, managed by Maven Capital Partners and delivered by the British Business Bank. The growth capital will be used to expand the company's online subscription service (Kumar's Curry Club) and broaden retail partnerships across the UK.

NPIF - Maven Equity Finance (Maven) and Management Back Traverse Associates with £650k Follow-on Investment

July 4, 2024

Software

Cheshire-based intelligent automation specialist Traverse Associates secured an additional £650,000 as part of a larger funding round led by NPIF - Maven Equity Finance (managed by Maven Capital Partners), with participation from company management and travel executive Mal Barritt. The growth capital will accelerate development and commercial rollout of Traverse's proprietary Cognitive Flow intelligent automation technology across SME and enterprise travel customers.

SWIF - Maven Equity Finance Invests £1.6M in Changing Social

September 17, 2024

IT Services

Bristol-based Microsoft adoption and digital consultancy Changing Social has secured a £1.6 million investment from SWIF - Maven Equity Finance (part of the South West Investment Fund managed by the British Business Bank). The growth capital will fund expansion of Changing Social's delivery and sales teams, marketing activity, and support geographic expansion in the UK and internationally.

Maven and Foresight Back Management Buy-In of FIS Chemicals

October 27, 2020

Manufacturing

Maven Investor Partners and the Foresight Scottish Growth Fund co-led and each invested £2 million to support a management buy-in of Aberdeen-based FIS Chemicals, alongside investment from the buy-in team led by Kenny Woods. The deal will help the specialist chemicals manufacturer accelerate growth, strengthen its management team, and support expansion into Asia and the Middle East while building on its strong environmental credentials.

Foresight Group and MEIF Invest in The Modular Analytics Company (TMAC)

November 11, 2021

AI & Machine Learning

Foresight Group has made a c.£749,000 growth capital investment into The Modular Analytics Company Limited (TMAC), using equity finance from the Midlands Engine Investment Fund (MEIF) as part of a c.£1.5 million funding round. TMAC, a Manchester-based AI and machine learning contact-centre software provider (Fonetik, Playbook and Coach), will use the funding to develop its SaaS platform, make senior hires and consolidate its East Midlands base.