T-Mobile Unveils Venture Capital Fund to Fuel 5G Innovation
Laxman Pai, Opalesque Asia: Chinese venture capital and private equity fund manager Legend Capital (LC) has closed its eighth fund - LC Fund VIII - at a hard cap of $500 million. LC Fund VIII
Venture-focused fund-of-funds Isomer Capital II is currently targeting €250m.
True Ventures has closed its seventh early-stage fund True Core Fund VII on $465m and its fourth later-stage fund True Select Fund IV on $375m.
Orange Capital Development has acquired a majority stake in Italian cereals producer La Sanfermese from the founding Pelladoni family.
Indian venture capital firm SAIF Partners has rebranded to Elevation Capital amid the $400m final close of its biggest India fund yet.
The firm is launching a joint venture with real assets investor Cerestra Advisors to create a listed education infrastructure investment trust in the country
New York-based VC investor IA Capital has led a $24m investment round for digital insurance agency Matic.
Silent Eight, which leverages AI technology to combat money laundering and terrorism financing, has closed a $15m venture capital-led funding round.
Payment processing platform Fivestars has reportedly raised $52.5m in its Series D round of debt and equity.
True Ventures has powered on with its hectic fundraising pace by hauling in $840m across two new investment vehicles.
Business software-focused investment house OpenView Venture Partners has hit a $450m hard cap close for its sixth fund.
Boldstart Ventures is back in the fundraising market targeting its biggest-ever total through the launch of its fifth flagship investment vehicle.
Isomer Capital has revealed a €250m-target for its second flagship fund of funds vehicle eyeing stakes in high-performing European venture capital managers.
Unquote interviews Mike Reid from Frog Capital, which recently took the Venture & Growth Capital House of the Year gong at the 2020 British Private Equity Awards.
Amadeus Capital Partners has led a £1.4m seed financing round for visual data security and privacy business Pimloc.
Open source management company FOSSA has closed its Series B round on $23.2m to support the release of its Security Management service. The capital was supplied by Bain Capital Ventures, Canvas Ventures and Costanoa Ventures.
Extend, a startup which says it has reinvented the extended warranty process, has closed its Series B on $40m.
