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Category: deal invest

Scientific breakthrough-focused VC investor Prime Movers Lab strikes $245m Fund II close

Prime Movers Lab, an investor in breakthrough scientific startups it hopes will revolutionise the world's most important industries, has closed its second early-stage investment fund on $245m.

Vegan, organic food and drink pioneer Laboratorios Almond gets Nazca Capital investment

Spanish private equity player Nazca Capital has tapped its €275m fourth fund to buy a majority stake in vegan and organic food supplier Laboratorios Almond.

KKR taps $1.3bn Global Impact Fund for another European deal with CMC Machinery investment

Global private equity giant KKR has invested in 40-year-old Italian automated packaging business CMC Machinery.

Python software development specialist STX Next gets private equity backing from Innova Capital

Python software development specialist STX Next has picked up backing from private equity firm Innova Capital.

Eurazeo underlines North American drive with former Searchlight partner hire

Eurazeo's growth buyout investment division has snapped up former Searchlight Capital partner Eric Sondag as managing director in its New York office.

Smart city operator Connexin agrees up to £80m investment from Whitehelm Capital

Infrastructure investor Whitehelm Capital has agreed up to £80m of investment in smart city operator Connexin.

Chinese AI cities pioneer Terminus gets Investcorp backing

Alternative investment major Investcorp has backed Chinese AI-controlled city and smart services developer Terminus Technologies.

UK’s Zizzi, Ask Italian owner preps to cut 1,200 jobs as Towerbrook invests for company’s Covid recovery

Struggling UK restaurant operator Azzuri Group has been bought by Towerbrook Capital Partners amid the company revealing it could slash up to 1,200 jobs as it battles to overcome the Covid-19 crisis.

PE firms said to line up for Nestle China unit bidding, deal could reach $400m

A string of private equity houses have reportedly made it to the next round of bidding for Nestle's Chinese unit Yinlu Foods Group.

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