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Category: Startup

Saudi Arabia-based Lean said to raise $4.5m seed round

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round led by RAED Venture.

MKH Consolidating Car Wash Sector

MKH Capital Partners has hired Thomas Welter to lead Clean Streak Ventures, its express car wash platform company. Orlando-headquartered Clean Streak was founded by MKH in November 2019 and operates ten locations in Florida. The

DACH fundraising update: H2 2020 pipeline

Although the coronavirus pandemic has set back plans for many GPs, a number of mid-market and small-cap buyout vehicles are on the road in the DACH region, along with several venture capital funds. Harriet Matthews

S7V and Presight back Penta’s €4m series-B extension

S7V and Presight Capital have backed a €4m extension to business banking startup Penta's series-B funding round, bringing its series-B total to €22.5m.

NAventures leads $16m Series A round for financial data platform Flinks

Canada-based Flinks, a financial data platform, has closed its Series A round on $16m, with NAventures leading the round.

Platinum Enters Digital Cinema Sector

Platinum Equity has acquired the digital film distribution business of Deluxe Entertainment in partnership with the company’s former CEO Cyril Drabinsky. Deluxe was founded in 1915 as a film processing lab within Fox Film Corporation.

Oaktree’s Watco Buys Short Lines from Dow

Watco Companies, a portfolio company of Oaktree Capital, has agreed to acquire the short line rail assets and related equipment of six North American manufacturing sites from Dow Chemical. Watco is a provider of transportation

New Principal at HCAP

San Diego-headquartered HCAP Partners has promoted Bhairvee Shavdia to principal. Ms. Shavdia joined HCAP Partners in 2015 and has been active in building and implementing the firm’s impact investing methodology that supports the creation of

Alta Life Sciences, Kurma lead €3.5m series-A for Deepull

Venture capital houses Alta Life Sciences and Kurma Partners have led a €3.5m series-A round for Barcelona-based biotech startup Deepull.

Sequoia Capital India raises $1.35bn across new VC, growth fund pair

Sequoia Capital India has hauled in $1.35bn across a pair of new funds targeting venture capital and growth deals across southeast Asia.

New crop of venture firms takes aim at individual disease areas

Several firms are raising funds targeting a single medical field, such as cancer, ophthalmology, cardiology or neuroscience

VC-backed Penta picks up another funding round to follow €18.5m Series B in March

Digital business bank Penta has collected €4m in a new funding round, adding to the €18.5m it raised in March for its Series B. The capital infusion was supplied by S7V, Presight Capital and two

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