Shackleton Ventures is thrilled to announce its 28th profitable exit with the sale of Stuarts Properties, a commercial property company that has proven to be another excellent investment. This exit marks an important milestone because it allows us to feel that, in our way, we are living up to the spirit of Shackleton’s great Antarctic expedition a century ago. In 1914, Sir Ernest Shackleton [...]
Yesterday, FinLeap portfolio company PAIR Finance announced a majority investment from Pollen Street Capital. Founding investor finleap will retain a minority position in the company. FinLeap is an investment in Shackleton's Victoria Fund. PAIR Finance is a high-growth, digital first collections platform offering unique collections technology based on artificial intelligence and behavioural research, aiming to create a more efficient payment process that prioritises customer experience [...]
We are pleased to announce that we have effected the sale of IRT Surveys to Mears Group PLC, the leading provider of services to the Housing sector in the UK. IRT is an investment in Shackleton's third fund, SS3 LP and Shackleton's representative Deborah Hudson has played an active role in the development and ultimate exit of the business. Headquartered in Dundee, IRT provides a range [...]
Today, Finleap portfolio company, Penta announced that it will be acquired by Qonto. Qonto is the market leader in digital financial management for small and medium-sized enterprises (SMEs), sole proprietors and freelancers in France and operates throughout Europe; Penta is the market leader in this segment in Germany. The transaction is expected to be finalised in the coming weeks. The merger of the two market [...]
We were really pleased that after a long and challenging process, Gorilla Technology Group Inc. (“Gorilla”) has achieved its public listing. (Nasdaq: “GRRR” for ordinary shares and “GRRRW” for warrants). Gorilla is a global leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity. Today it announced the completion of its previously announced business combination with Global SPAC Partners. The Business Combination provides a [...]
On 5th March 2022 a British-led expedition found the wreck of Shackleton’s ship, the Endurance, which sank in over 3,000 metres in the Weddell Sea in Antarctica in 1907. The sinking of the Endurance led to one of the great survival stories of all time as Shackleton set out to bring all 28 crew to safety. The discovery of the wreck was achieved using [...]
Shackleton is very pleased to have partnered with Winmark to initiate an event to showcase innovation by early stage businesses as a key driver towards Net Zero. The use of innovative #cleantechnology is a key factor in reducing carbon emissions, so how can you identify and utilise the best of these solutions to help achieve your sustainability targets? Join this forward-thinking half-day summit on Monday 28 [...]
We are delighted to announce today the sale of Tissuemed to Becton Dickinson (NYSE: BDX). Tissuemed, the Leeds-based medtech specialist, develops and manufactures self-adhesive films that help surgeons to close and seal sutured and stapled internal tissues. Tissuemed is the last of Shackleton's 2007 vintage investments to be sold. It has achieved strong growth and profitability in recent years and has been paying dividends. This [...]
Bluebox Aviation Systems, the leading provider of cross-platform wireless in-flight entertainment (W-IFE), has bolstered its management team to pursue an ambitious business plan as the aviation sector emerges from the global pandemic. Bluebox has already seen an uptick in new opportunities and overall very high demand for its solutions, with new and existing customers wanting to tap into the potential digital platforms offer in terms [...]
We are pleased to report that Solarisbank AG, Europe’s leading Banking-as-a-Service platform, has raised EUR 190 million in an oversubscribed Series D funding round, valuing the company at EUR 1.4 billion. Shackleton portfolio company, FinLeap is a founder shareholder of Solarisbank and retains a substantial shareholding. This funding event marks FinLeap's first home-grown unicorn. The round was led by Decisive Capital Management, with support from [...]
