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Category: Startup

HarbourVest’s Performance Leads to Hard Cap Close

HarbourVest Partners has held an oversubscribed and hard cap close of its latest secondaries fund, Dover Street X LP (Dover X), with $8.1 billion of capital commitments. The hard cap close of Dover X follows

VC-backed Homebell sold to Portal United – report

Portal United is to acquire online home renovation booking platform Homebell, a portfolio company of VCs including Lakestar and Index Ventures, according to local newswire Deutsche Startups, citing Portal United's CEO, Alexander Oberst.

Former teen start-up founder raises $150m for solo fund

More individual investors are raising larger venture funds and leading large funding rounds

SC Ventures backs cybersecurity startup Secret Double Octopus

Israeli cybersecurity company Secret Double Octopus has picked up a cash injection from Standard Chartered’s FinTech investment unit SC Ventures.

AMB :- Alternative investment dealmaking to resurge by the end of 2021, says survey

Laxman Pai, Opalesque Asia: A majority (74%) of private equity and venture capital executives believe the industry's rebound will only happen by the end of 2021, a recent survey by consultancy EisnerAmper has found. The

Levine Leichtman Capital Partners Europe II closes at €463m

The Los Angeles-headquartered firm has bolstered its European investment team in January

Signals Venture Capital backs funding round for Workpath

Signals Venture Capital has backed a funding round for Germany-based Workpath, a developer of objectives and key results (OKR) enterprise software.

BlackRock invests $118m in Arrival at $3.5bn valuation

BlackRock has invested $118m in electric vehicle startup Arrival, according to a report by the Wall Street Journal.

Venture capital firms help automated investing, banking platform M1 Finance to $45m Series C round

Automated investing, borrowing and banking platform M1 Finance has finalised its Series C investment round on $45m.

Northpond, Octopus lead $30m series-A for Ori Biotech

Northpond Ventures and Octopus Ventures have led a $30m series-A for biotechnology company Ori Biotech.

Newion leads €2.5m round for Mediatool

Swedish media management software company Mediatool has raised €2.5m in a series-A funding round led by Dutch investor Newion, alongside J12 Ventures, Almi Invest and current investor Twig.

Education tech specialist Brighteye Ventures rides Covid distance learning boom with sophomore fundraise

European edtech investment specialist Brighteye Ventures has almost doubled its assets under management through a first close of its sophomore fund.

Sofinnova Partners swoops for Anderson as partner to boost growth-stage Crossover Fund team

European life sciences venture capital major Sofinnova Partners has brought on board experienced former Abingworth investor Joe Anderson as a partner.

Baidu Capital, Lake Bleu Capital among backers for lung disease diagnosis, treatment business Broncus

Lung disease diagnosis and treatment startup Broncus Holding Company has picked up a round of Series C investment from VC houses including Baidu Capital and Lake Bleu Capital.

Continuous online security assessment startup Cyberpion gets $8.25m venture capital-led investment

Security platform Cyberpion has closed a venture capital-led seed round on $8.25m to help it increase its sales and marketing efforts.

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