Upfront Ventures back with Fund VII raise to follow last year’s growth fund launch

LA-based early-stage investment house Upfront Ventures is back in the fundraising market with its seventh flagship fund.

Cybersecurity startup SecurityGate.io seals Houston Ventures-led Series A round

Cybersecurity startup SecurityGate.io has closed its Series A funding round, with Houston Ventures leading the investmen

First Atlantic Adds to Packaging Platform

C-P Flexible Packaging, a portfolio company of First Atlantic Capital since February 2013, has acquired Genpak Flexible from The Jim Pattison Group. Genpak Flexible’s products include die-cut rollstock and pouches, as well as paper-based laminations

CoolSys Closes Fifth Add-On

Source Refrigeration Holdings (DBA CoolSys), a portfolio company of Ares Management and the parent company of refrigeration and HVAC companies nationwide, has acquired Eastern Refrigeration. Ares Management acquired CoolSys from Audax Private Equity in March

Amazon to launch $2bn venture capital fund to invest in clean energy

Tech giant plans to invest in transportation, energy, food and other industries

Bill Ackman’s Pershing Square files for largest-ever SPAC IPO seeking to raise $3bn

‘Blank-cheque’ companies are set for a record year in 2020, with a surge in IPOs

Omnes announces eight appointments in Paris

French private equity firm Omnes Capital has announced eight appointments in its mid-cap, venture capital, infrastructure, co-investment and operations teams in Paris.

Coronavirus user surge helps Canva strike $6bn valuation through latest VC investment round

Australian design software company Canva has surged to a $6bn valuation thanks to its latest venture capital-backed investment round.

Ardian’s Frulact buys Sensient’s yoghurt division

Ardian-backed Frulact, a Portuguese producer of natural fruit-based ingredients for the food industry, has acquired the fruit yoghurt division of NYSE-listed company Sensient Technologies Corporation.

HSBC contributes $7m to Privitar’s series-C

The corporate venture arm of HSBC has contributed $7m to Privitar's extension of its $87m series-C round.

Allegro’s PE sponsors plan IPO

Cinven, Permira and Mid Europa Partners are planning an initial public offering for Polish online marketplace Allegro, Bloomberg has reported.

Venture-backed start-ups help manufacturers reopen factories

Tools, including software, sensors and AI, support assembly lines and supply chains during the pandemic

Has Checkout.com just become Europe’s most valuable FinTech startup, after tripling valuation to $5.5bn?

London-headquartered Checkout.com has just raised a $150m Series B funding round that saw it triple its valuation to $5.5bn, making it one of Europe’s most valuable FinTech startups.

Judge rejects bid to block Advent-owned Serta Simmons restructuring

Mattress maker is given green light to close a contested debt restructuring, despite objections from holdouts including Apollo, Angelo Gordon

Glennmont teams up with PGGM to launch Italian renewables venture

Glennmont said it considers Italy a 'key market' and plans to further expand its investments in the country

Epidarex Capital III closes on £102m

Life-science-dedicated venture capital firm Epidarex Capital has closed its Epidarex Capital III fund on £102.1m.

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