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This financing round was led by investment firm JRJ Group. TNF participated in the round alongside investors such as TOMS CAPITAL LLC (Noam Gottesman), IPGL Ltd (Michael Spencer) and Alan Howard. In addition to the investment, TNF Partner Francisco Arcilla has joined Excel’s Board of Directors. 

EXCEL has rapidly grown into a top name in competitive gaming, most notably as a founding partner of the League of Legends European Championship and more recently as the subject of a BBC Documentary. EXCEL’s unique position in British and European esports forms the foundation of a strategy that has enabled management to build a franchise capable of attracting partners such as BT, HyperX, Sony, Chupa Chups and Beyond NRG, under the leadership of CEO wouter sleijffers.

Francisco Arcilla, Managing Partner at TNF said, “This is TNF ‘s first investment in e-sports and we could not be more excited.  EXCEL ESPORTS is  the most vibrant gaming brand in the UK and a rising force on the European and global scenes. This investment is the perfect addition to our unique ecosystem and we look forward to supporting the team for years to come.”

Following TNF’s participation in Dreams February 2021 funding round, TNF Partners Francisco Arcilla and Samir Khosla have played an active role in the continued growth of the company by sharing access to their ecosystem of like-minded investors. 

In his new role, Francisco will deepen his involvement by working with Henrik Rosvall, Dreams CEO and Founder, the executive team and the rest of the board to help further grow the business, while building a smarter world.

MSMEx is an EdTech platform that connects micro and small Business Owners and Entrepreneurs with curated Business Experts over live chat, video interactions and hand-holding support. Users can attend hundreds of live video sessions and can also talk to experts 1-to-1 over the video calls to get mentorship and advice from highly experienced and curated business experts.

Samir Khosla, Managing Partner at TNF said, “Micro and small enterprises in India and other developing economies are demonstrating growth, in their numbers and ambitions. This investment is the first step of a larger vision and partnership, which will become a catalyst for best breed MSME entrepreneurs, supporting them by applying our intellectual, network, and financial resources.” 

 For more information, please visit here.

Erkin Bek, RealTyme Chairman and TNF Founder, said of the merger, “Our vision is that all people and institutions should have the right to set up their own private networks that are flexible and highly personalizable in real-time. This merger brings to the market an exciting new product that enables secure collaboration with focus and organized work/life mindset, while preserving the highest level of privacy. We’re thrilled to offer this innovative solution that we envision will improve the lives – both personal and professional – of individuals struggling with digital overwhelm and lack of data privacy”.

For more information, please visit the official news release.

The move to electronic signatures comes as Swiss universities are striving to automate and fully digitize document-based processes for their employees, students and alumni. Sysmosoft’s proprietary technology will be operated by SWITCH and deployed on top of SWITCH edu-ID to their over 460,000 users to access national academic web offerings. 

“SWITCH is the ideal partner to implement our product for the education vertical” said Frédéric Mauger, Co-Founder and Partner at Sysmosoft. “Sysmosoft is today considered as the leader of the Swiss financial industry. This new partnership is setting up the basis to become a key player in the education sector that has very high requirements in terms of privacy and security.”

For more information, please visit the official news release.

Dreams was founded in Stockholm in 2014 and currently has operations in Germany, Norway and Sweden.  The company, which focuses on the millennial savings market, uses groundbreaking behavioral science and engaging activities to push users to make little changes in their behavior, in order to make lasting changes to their finances. 

In addition to joining the round, TNF Partners Francisco Arcilla and Samir Khosla will play an active role in the company by sharing access to their ecosystem of like minded investors. 

“Beyond their important investment, TNF’s most valuable contribution is their dedication to our company’s future growth,” said Henrik Rosvall, Dreams CEO and Founder. “By generously sharing time, experience and access to a vast network of change makers building a smarter world, we’re truly grateful to have TNF with us as we continue our mission to promote #FinancialWellbeing and help people everywhere feel better about their money.”

For more information, please visit here.

As demand for digital signing solutions accelerates and compliance with regulations like eIDAS in the European Union get more complicated, the need for secure and reliable digital solutions is paramount. By adding Sysmosoft’s digital signature management capabilities, Entrust can provide its customers with a solution that combines Entrust’s digital signing solutions with Sysmosoft’s proven document management workflow.

Frédéric Mauger, Co-Founder of Sysmosoft said: “New standards on electronic transactions are paving the way for a digital economy in the EU and abroad. Our product, Let’s Sign, enables the digitization of processes that are known to be stringent and require strict compliance with regional laws and international conventions. The partnership with Entrust will provide a complete set of trusted services to highly regulated industries.”

For more information, please visit the official news release.

The announcement comes on the heels of the formal launch of NAX, after two and a half years of stealth development. To date, NAX has secured $65m USD in investment from 12 institutional, family office and corporate investors across North America, Europe and Asia, valuing the company at over $300m USD.

“As an international investment firm that prides itself on being a catalyst for innovation and industry disruption, we were instantly captivated by NAX and its disruptive approach to asset creation and value generation,” said Francisco Arcila, Partner at TNF.  “We were very excited to lead the latest round of funding for NAX, and we are equally enthusiastic about the prospect of the many ventures and further investment opportunities that NAX will create.“

NAX was founded by Jeff Schumacher, the former founder of BCG Digital Ventures and over one-hundred early growth companies. Jeff Schumacher is an innovation leader and investor with over 20 years’ experience in building new businesses and transforming large corporations.

NAX is already working with leading global businesses in multiple industries including energy, insurance and consumer goods to launch corporate asset-backed products and is supported by operating partners from global leaders in trading, banking and underwriting to deliver the requisite infrastructure.

For more information, please visit the official news release.

Gartner Hype Cycles provides graphic representations of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities.

Over the past several years, Adeya has developed deep expertise working with sensitive and demanding governmental clients. This has allowed Adeya’s technology to meet the needs of enterprises seeking to secure their communications and collaborations, particularly relevant during the COVID-enforced era of teleworking.

With the rise in remote-working and enterprise demand for improved security, Adeya has been helping increasing numbers of businesses, in both regulated and non-regulated industries, to keep their communications secure, irrespective of their employees’ work location.

To learn more about this announcement, please read the official release.