BGF vs SFC Capital

Redfaire Secures €13 Million to Scale ERP and Cloud Services

Limerick-based enterprise resource planning (ERP) and cloud services provider Redfaire has secured a €13 million minority investment from Ireland-based growth capital firm BGF. The funding will support the company's international expansion, service development, and targeted acquisition strategy. Redfaire recently acquired eKal Solutions to expand its capabilities in human capital, financial, and supply chain management. Along with the funding, Glenn Timms joins Redfaire as Non-Executive Chair.

• Redfaire secured a €13 million minority investment from growth capital firm BGF.
• The funding will support Redfaire's international expansion, service development, and acquisition strategy.
• Redfaire recently acquired eKal Solutions to expand its ERP capabilities.

BGF invests €13m in Redfaire and announces multiple new investments and exits

The BGF newsroom has been updated with several new announcements, including a €13m minority investment in Limerick-based Redfaire, exits from MSS, bf1systems, and Walker Precision Engineering, and investments in TidalSense, Black Cat, Mach42, Urban Zoo, Everflow, Rappor, and Luffy AI.

Obsero Raises €1M for AI Search Visibility

London-based AI search platform and consultancy Obsero has raised €1 million ($1.2 million) in Seed funding. The round was led by SFC Capital, with participation from several of Obsero's own customers. The funds will be used to develop specialist AI agents trained on their GEO (Generative Engine Optimization) playbook, double the engineering team, and accelerate go-to-market efforts. Obsero helps brands improve visibility in AI assistants like ChatGPT, Gemini, Perplexity, and Google's AI Overviews. In its first year, the company has tracked over 10 million AI answers. Clients include Zopa Bank and Pepperstone, with agency partners IDHL and Silverbean. The funding reflects growing investment in AI search visibility startups across Europe.

• Obsero, a British AI search platform and consultancy, raised €1 million ($1.2 million) in Seed funding.
• The round was led by SFC Capital, with participation from several of Obsero's own customers.
• Obsero plans to develop specialist AI agents, double its engineering team, and accelerate GTM.

Anemo Labs Raises £700K for AI E-Nose

London-based deeptech startup Anemo Labs has raised £700,000 in pre-seed funding to develop an electronic nose (e-nose) that combines sensor hardware with AI to detect volatile organic compounds (VOCs). The round was led by Zinc and SFC Capital with support from Innovate UK. Founded in 2025 by Koye Sodipo, the company initially targets healthcare applications, analyzing VOCs from urine for non-invasive disease screening. Anemo's in-house sampling platform can collect and label up to 5,000 smells daily, and early tests using the Sniffin' Sticks protocol achieved 84.15% accuracy across 12 scent categories. The funding will advance sensor chemistry, expand data collection, and support clinical validation.

• Anemo Labs raised £700,000 in pre-seed funding.
• The funding round was led by Zinc and SFC Capital, with support from Innovate UK.
• Anemo Labs is developing an electronic nose combining sensor hardware and AI to detect VOCs.