British Patient Capital commits £40.6m to cybersecurity fund


by UK Tech News

UK Tech News— British Patient Capital, a venture capital investment subsidiary of the UK government-owned British Business Bank, has committed £40.6m to a new cybersecurity fund. The Sheffield-based investor will supply the funds to the Evolution Technology Fund III, the third iteration of Evolution Equity Partner’s enterprise software and cybersecurity fund. Previous investments from Evolution funds included Quantexa, […]

@cityam—British Patient Capital invests over £40m to boost UK cyber security firms. The UK's cyber security industry is currently in high demand due to a rise in attacks, especially on businesses and high-income charities.

ETtech.com—Go Desi funding: Ice popsicles maker Go Desi raises $5 million in funding led by Aavishkaar Capital. Bengaluru-based packaged foods startup Go Desi on Thursday said it has raised Rs 41 crore (about $4.9 million) in equity investment from Aavishkaar Capital.This marks the seventh investment from the Aavishkaar India Fund VI, a $150-million vehicle investing across impact sectors such as financial inclusion, sustainable agriculture, climate, consumer and healthcare in India.The Series B round also saw participation from existing investors Rukam Capital, Roots Ventures and DSG Consumer, as per a...

WRFA-LP 107.9 FM—Local Art Orgs Receive Capital Projects Funding from NYS. Two Chautauqua County art organizations are receiving capital projects funding through the New York State Council on the Arts. Infinity Visual and Performing Arts will receive $50,000 for entrance and reception safety renovations. 1891 Fredonia Opera House will receive $93,000 for opera house seat replacement. Governor Kathy Hochul said, “From historic sites to new multi-use […]