VCs in $20m series-C extension for Tourlane

Sequoia Capital, Spark Capital, DN Capital and HV Capital have backed a €20m series-C extension round for Germany-headquartered travel startup Tourlane.

M Ventures, Imec Xpand lead $20m round for Ferroelectric Memory

M Ventures and Imec Xpand have led a $20m series-B funding round for Germany-based Ferroelectric Memory Company (FMC), a microcontroller memory startup.

VC-backed Spacemaker sold to Autodesk for $240m

Norwegian company Spacemaker, backed by VCs Northzone, Atomico, Obos, NREP and Round Hill Ventures, has been acquired by California-based listed software company Autodesk for $240m.

Ex-Google CEO Schmidt’s VC firm Innovation Endeavors eyes $325m for fourth fundraise

Innovation Endeavors, the venture capital house co-founded by former Google CEO Eric Schmidt, is back in the fundraising market eyeing up to $325m for its latest investment vehicle.

Permira appoints senior adviser amid healthcare push

The firm, which closed one of the largest pharma deals this year with the acquisition of German company Neuraxpharm, is adding veteran advisor Dr Bruno Strigini to the team

Bridgepoint-backed Diaverum to launch IPO

Bridgepoint-backed Swedish renal care provider Diaverum has announced plans to launch an initial public offering (IPO) on Nasdaq Stockholm.

Sverica Capital Management backs cybersecurity startup DeFY Security

Cybersecurity company DeFY Security has picked up an investment from private equity firm Sverica Capital Management.

LDC mandates Rothschild to sell Adey – report

LDC has mandated Rothschild to sell water treatment products manufacturer Adey, according to a report by Unquote sister publication Mergermarket.

Q4 Fundraising Pipeline: Nordic

Unquote compiles a roundup of the most notable fundraises ongoing across the Nordic market in the buyout and venture segments, with the latest available intel for each vehicle.

Eight Roads, Balderton lead $30m series-B round for Tibber

Norwegian energy supplier Tibber has closed a $30m series-B round led Eight Roads Ventures and Balderton Capital.

French drug giant Sanofi invests in biotech, biopharma VC house Jeito Capital

French pharmaceutical giant Sanofi has made a €50m investment in biotech and biopharma venture investment house Jeito Capital.

London’s stock market is shrinking faster than European rivals

The relative high cost of raising public equity capital compared with private equity markets has been a main driver of the shrinkage of London’s equity markets, economics consultancy Oxera’s findings showed

Private equity trio complete €5.3bn Masmovil take-private deal

A trio of private equity majors have completed a €5.3bn buyout of listed Spanish telecoms operator Masmovil.

NextView Ventures seals big fund size jump for fourth flagship seed investment vehicle

Seed capital investor NextView Ventures has scored a big fund size jump by pulling in almost $90m for its target-beating fourth fund.

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