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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.

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.

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.

MMC leads $3m seed round for Agamon

MMC Ventures has led a $3m seed funding round for Agamon, a London-based developer of a healthcare intelligence platform.

Epidarex strikes £102m for final close of new European life sciences VC fund

Life sciences-focused venture capital firm Epidarex Capital has hit a £102m final close for its third fund.

SilverConnect, a startup creating food for people who struggle to swallow, gets Heritas Capital-led investment

SilverConnect, a medical nutrition startup creating specialized food solutions for people with difficulty swallowing, has closed a seed financing round led by Heritas Capital Management.

Fund VI Largest Ever for FTV

FTV has closed its sixth and largest fund to date, FTV VI LP, at its hard cap of $1.2 billion. The firm’s earlier fund closed in September 2016 at its hard cap of $850 million.

Inflexion Private Equity invests £1.5m into LegalTech startup Lavatech

Manchester-based Lavatech has been given a £1.5m investment from Inflexion Private Equity, Business Manchester reports. Lavatech is the company behind the app inCase that has been developed to make it easier for lawyers to communicate

Fly Ventures bags €53m for new fund aimed at supporting the next generation of tech startups

Fly Ventures announces €53m fund to uncover the next-generation of industry-defining founders in pan-European tech.

Optum Vetures et al. back $26m series-B for Kaia Health

Optum Ventures, Idinvest and Capital300 have led a $26m funding round for Germany-based online rehabilitation and therapy provider Kaia Health.

Bullpen Capital is eyeing a capital pool of $150m for its sixth venture capital fund

Bullpen Capital is looking to raise $150m in its fifth venture capital fund, which will make it a little larger than its predecessor.

Hoxton closes second fund on almost $100m

Hoxton Ventures has closed its second fund, Hoxton Ventures II, on almost $100m.

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