Thunes raises $60M in Series B funding to accelerate global growth
Laxman Pai, Opalesque Asia: Total fintech investment in EMEA declined significantly, given the lack of mega M&A deals. During H1'20, the region saw $4.6 billion in fintech investment, said a study. VC investment in ...Article
Swedish venture capital firm Luminar Ventures has led a $1m seed funding round for Stockholm-based virtual office software developer Teemyco.
Venture capitalists sought lower prices as pandemic brought uncertainty
Laxman Pai, Opalesque Asia: U.K. private equity and venture capital industries generated 10-year returns of +14.2% in 2019, outperforming the FTSE100 and the FTSE250, which generated returns of +7.4% and +12% respectivel...Article Link
Circle Graphics, a portfolio company of H.I.G. Capital, has acquired Bay Photo. Bay Photo is a provider of photographic prints and photo finishing services to professional photographers, artists, and other third-party channel partners. The company’s
Argonaut Private Equity has acquired the cementing services business of BJ Services which filed for bankruptcy in July 2020 after failing to reach an agreement with its lenders. Tomball, Texas-based BJ Services is a provider
E.B. Bradley, a portfolio company of PSP Capital Partners, has acquired Jacknob, a provider of bathroom hardware and accessories. PSP, a family-controlled private investment firm founded by former U.S. Secretary of Commerce, Penny Pritzker, acquired
Isomer Capital has picked up a €75m cornerstone commitment for its newly-launched second fund targeting early-stage tech-focused European venture capital managers.
Tectonic Ventures is back in the fundraising market looking to raise up to $75m for its sophomore investment vehicle.
Xfund - the early-stage firm launched by a clutch of the biggest venture capital firms in the US - has sealed a successful $120m fund close for its third flagship investment vehicle.
BFG Partners, a venture capital firm specializing in early-stage food, beverage and consumer products, has sold Birch Benders to Sovos Brands, a food company backed by private equity firm Advent International.
Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.
Overall, private equity and venture capital funds focused in the region ended 2019 with a record $1.29tn in assets under management, up 34% from 2018.
Laxman Pai, Opalesque Asia: Asia-Pacific (APAC)-focused private equity and venture capital (PEVC) assets under management (AUM) reached a record-high $1.3tn as of December 2019, a 34% increase from a year prior, said a ...Article Link
KICTeam, a portfolio company of Inverness Graham since May 2020, has acquired Teknipure, a maker of c. Teknipure is a manufacturer and distributor of products used to prevent, control, and remove contaminants from cleanrooms and
Applied Composites, a portfolio company of AE Industrial Partners (AEI), has acquired Alliance Spacesystems, a manufacturer and designer of composite structures used in satellite and aerospace applications. Alliance’s activities include the fabrication, assembly, and testing
Monroe Capital provided financing for last month’s buy of GPI Prototype & Manufacturing by Midwest Composite Technologies (MCT), a portfolio company of CORE Industrial Partners. Monroe is an active provider of senior and junior debt
Novo Seeds has led a €1.9m seed financing round for natural food colourant developer Chromologics, with support from Nordic FoodTech VC and Vækstfonden.
