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Category: Angel / Venture

VCs in USD 156m round for Quell Therapeutics

Jeito Capital, Ridgeback Capital Investments, SV Health Investors and Fidelity Management & Research Company have led a USD 156m Series B funding round for biotechnology business Quell Therapeutics.

Motorway raises USD 190m in Series C

Index Ventures and Iconic Growth have co-led a USD 190m funding round for Motorway, valuing the UK-based used car sales platform at more than USD 1bn.

China’s Legend past halfway for $300m-targeting US-dollar healthcare fund – report

Chinese private equity and venture capital major Legend Capital has reportedly hit a $177m first close for its latest US-dollar denominated healthcare fund. The post China’s Legend past halfway for $300m-targeting US-dollar healthcare fund –

India’s Slice hits $1bn valuation through new investment round, just five months after being valued at $200m

Fintech startup Slice has become India's latest unicorn thanks to a hefty $220m investment round backed by Insight Partners, Advent International and Tiger Global. The post India’s Slice hits $1bn valuation through new investment round,

‘Fractional luxuries’ trader Timeless gets EQT Ventures backing in latest investment round

Timeless, a Berlin-based company that lets users buy fractional shares of luxury assets, has picked up a €12m funding round led by EQT Ventures. The post ‘Fractional luxuries’ trader Timeless gets EQT Ventures backing in

Improved performance in UK VC can lure interest from institutional investors in US VC

UK VC fund performance has increased sharply over the last 12 months thanks to higher company valuations and strong exit activity, new data from the British Business Bank shows. The post Improved performance in UK

CVC exits Etraveli in EUR 1.63bn trade sale

CVC Capital Partners is to sell Sweden-based flight booking provider Etraveli to listed US-headquartered travel technology company Booking Holdings.

Rhino Ventures closes oversubscribed Fund III on $120m in three months

Vancouver-based early stage venture capital house Rhino Ventures has closed its third fund on $120m, just three months after launch. The post Rhino Ventures closes oversubscribed Fund III on $120m in three months first appeared

Signia Venture Partners eyes $85m for third fund in five years

California-based Signia Venture Partners is back with its third $85m-targeting fundraise in five years. The post Signia Venture Partners eyes $85m for third fund in five years first appeared on AltAssets Private Equity News.

Eclipse Ventures brings 2021 fundraising to over $1bn through debut dedicated growth fund close

Eclipse Ventures has taken its 2021 fundraising to more than $1bn through the final close of its Early Growth Fund. The post Eclipse Ventures brings 2021 fundraising to over $1bn through debut dedicated growth fund

UK venture capital house Edge goal for second fund targeting the creative economy

London-based venture capital house Edge Investments is well on the way to its £100m target for its second fundraise after raising £85m for the vehicle so far. The post UK venture capital house Edge goal

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