Maven and Parkwalk Lead £3.25M Funding Round in PervasID
November 21, 2024
RFID innovator PervasID has raised part of a £3.25 million funding round, including a £750,000 investment from Maven (via two Maven-managed regional funds) alongside co-investor Parkwalk Advisors. The funding will support PervasID’s commercial expansion (including a second base at NETPark, County Durham), further R&D and enhancement of its RFID hardware and data analytics software to serve retail, logistics, healthcare and aerospace customers.
- Buyers
- Maven Capital Partners / Maven Equity Finance, Finance Durham Fund (managed by Maven), NPIF II - Maven Equity Finance, Parkwalk Advisors
- Targets
- PervasID
- Industry
- Manufacturing
- Location
- Cambridgeshire, United Kingdom
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Maven Capital Partners Invests £15M in ProofID
May 11, 2022
Cybersecurity
Maven Capital Partners has completed a £15 million investment in ProofID, an identity and access management (IAM) specialist headquartered in Manchester with a US office in Colorado Springs. The investment will fund ProofID’s growth plans — expanding vendor partnerships (notably with Ping Identity), supporting an acquisition strategy, and increasing sales, marketing and technical resources.
-
Maven Leads £4.25m Investment in Pura (Mypura.com Group)
February 28, 2022
Consumer Products
NPIF Maven Equity Finance (Maven) has led a £4.25 million growth funding round into Mypura.com Group (Pura), an eco-ethical baby care brand that makes plastic-free baby wipes and eco-friendly nappies. The capital will be used to accelerate Pura’s expansion from D2C into B2B supermarket channels (including the US), increase marketing spend, and support product R&D and nappy-recycling initiatives.
-
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.
-
Maven Leads £17m Management Buyout of Envitia Group
December 14, 2020
Data & Analytics
Maven, via its Maven UK Regional Buyout Fund, has led a £17 million management buyout of Envitia Group, a Horsham‑based data and geospatial technology and services provider. The fund committed £15.25 million to support the management team, led by CEO Nabil Lodey, to accelerate product development (AI/ML), expand services and grow into new sectors.
-
NPIF Maven Equity Finance Leads £1.5m Investment in XR Games
August 18, 2021
Media & Entertainment
Leeds-based XR Games, a developer of immersive AR and VR games, has raised £1.5m in a funding round led by NPIF Maven Equity Finance with follow-on participation from existing investor ACT Capital Partners. The growth capital will be used to accelerate product development and hire 20 new roles at the Leeds studio.
-
Maven VCTs Invest £1.5M in FITR
December 2, 2025
Healthcare Services
Maven VCTs have made an initial £1.5 million growth capital investment in London-based HealthTech platform FITR. The funding will be used to accelerate product development, expand the team, and scale sales and marketing as FITR continues to grow its global coaching user base.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.