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Deals of the week May 4 to May 7 – a GrowthBusiness roundup 7 May 2021 Growth Business roundup of Deals of the Week, May 4 to May 7, listing seed funding, venture capital and crowdfunding deals of note Octopus wraps around £8m insurtech Series A Octopus Ventures has a led a £8m Series A round for Sprout.ai, the insurtech which enables insurers to settle claims within 24 hours. Other investors in the round were Amadeus Capital Partners, Playfair Capital and Techstars. Sprout.ai clients include insurance giant Zurich. Fixr boogies with £6.5m investment Fixr, the digital event...

Second Transaction under New Media For Equity Programme   ITV AdVentures Invest, ITV's new media for equity initiative, has concluded its second investment in Respoke Limited, the company behind the premium custom-fit menswear brand SPOKE. ITV Adventures Invest's first investment, in the location service what3words, was concluded last month.   ITV has agreed to subscribe for up to £2m of convertible loan notes in Respoke Limited in three tranches. ITV joins a respected group of shareholders, including the British Growth Fund, Forward Partners, Oxford Capital a...