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Category: Angel / Venture

Venture funding remains elusive for Black tech entrepreneurs in the US

Venture capital, from Silicon Valley to New York, remains an industry deeply rooted in its investing and hiring patterns

Cyber attack simulation specialist XM Cyber brings investment to $49m with new VC-led round

XM Cyber, a breach and attack simulation platform, has closed its Series B round on $17m, as it looks to grow its global sales and marketing efforts.

EBRD prints record Sofr deal

The European Bank for Reconstruction and Development ventured out to raise its largest ever bond linked to the secured overnight financing rate (Sofr) this week in what otherwise a thin week for issuance in dollars.

China markets round-up: Credit Suisse plans full control of China JV, Sina chair proposes Nasdaq exit, former CSRC head calls for delisting reform

In this round-up, Credit Suisse is reportedly seeking a bigger share in its onshore securities joint venture, Weibo’s parent Sina Corp considers delisting from Nasdaq after two decades and the former head of China’s securities

Five Seasons et al. back €10.1m round for Yamo

Switzerland-based baby food producer Yamo has raised a €10.1m series-A round backed by new investors Five Seasons Ventures, Swiss Entrepreneurs Fund, Müller Ventures, Polytech Ventures, BackBone Ventures and Fundament.

EQT Ventures leads $8m round for Traplight

Finnish mobile games studio Traplight has raised €8m in a funding round led by EQT Ventures.

Blackstone closes life sciences fund at $4.6bn

This is the first fund raised since Blackstone acquired biomedical investment firm Clarus Ventures in November 2018

P101 in €3.5m round for food marketplace Soplaya

Venture capital house P101 has led a €3.5m seed round for Soplaya, an Italian startup that offers an online marketplace for food producers and restaurants.

US, Asia-based DCM raises $880m fund pair thanks to stellar past performance

US and Asia-based early stage investor DCM Ventures has closed its biggest family of funds to date by hauling in $880m across a pair of new vehicles. The committed capital includes $780m for DCM IX, its

Female entrepreneur-focused Rethink Impact closes $182m Fund II, says Covid-19 has hit diversity efforts in VC

Rethink Impact, one of the largest impact venture firm dedicated to backing female tech entrepreneurs, has hit a $182m final close for its sophomore fundraise.

New Nordic life science firm Eir Ventures seals first close for debut fund

New Nordic life sciences venture capital investor Eir Ventures has hit a €76m first close for its debut fundraise.

Growers Edge harvests $40m Series B round from group of VC firms

Growers Edge Financial has raked in $40m for its Series B round to help it to grow into new markets in the US.

Fintech AI client retention platform Senso gets $3m VC-led investment round

Senso, an AI platform helping financial institutions improve client retention, has reportedly bagged $3m in its pre-Series A round.

Succession Plan Initiated at Levine Leichtman

Levine Leichtman Capital Partners (LLCP) has announced a management succession plan that names Matthew Frankel and Michael Weinberg as managing partners. LLCP was founded in 1984 and its co-founders – Arthur Levine and Lauren Leichtman

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