July 29, 2026
In June 2026, HICX, a leading provider of supplier information management solutions, secured a £15 million growth funding and refinancing package from HSBC Innovation Banking and existing investor Wavecrest Growth Partners.
Kroll provided financial due diligence services to HICX in connection with the transaction.
HICX is a leading provider of supplier information management (SIM) software that helps global enterprises manage supplier data, compliance and risk through a single trusted platform. Its solutions enable organisations to improve supplier onboarding, governance and operational efficiency while creating a reliable supplier data foundation for procurement and AI-driven decision-making. The company serves many of the world's leading organisations across a range of industries.
HSBC Innovation Banking provides specialised banking solutions to technology, life sciences and innovation-led businesses at every stage of growth. Together with existing investor Wavecrest Growth Partners, it provided HICX with a £15 million growth funding and refinancing package to support product innovation, commercial expansion and selective strategic acquisitions.
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