April 16, 2024
Investment

Xergy Secures Additional Investment To Boost Proteus Project Management Software Expansion

  Technology company, Xergy, has raised £3.1 million in additional investment as the company builds on the growing success of its Proteus project management software.   The latest investment round was heavily oversubscribed and was supported by both its existing investment base and a number of new strategic investors. Xergy has raised more than £10.2million

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Funds

Hedge funds stockpile uranium as price of nuclear fuel surges

Sean Benson, director of BNF Capital, the London-based office of the billionaire Perodo family, raised seed funding for a dedicated uranium fund known as Tees River in 2019. Since then, the value of the fund, which invests in uranium stocks, has risen nearly four-fold to $280m (£220m). He said: “We just felt [in 2019] that

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