European tech investor One Peak has followed its stellar €443m sophomore fundraise by backing Keepit, a company looking to conquer the global backup-as-a-service market. One Peak has provided $30m to Denmark-based Keepit – the largest SaaS
DNX Ventures has hit a $315m final close for its latest fund targeting early-stage B2B startups in the US and Japan.
European alternatives funds have reached €2tn of assets under management for the first time despite a dampening of activity amid the coronavirus pandemic.
Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.
Finnish venture capital house Superhero Capital has hit a €30m first close for its sophomore fund.
InsurTech BIMA has raised a $30m round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.
FinTech startup Mollie has closed a €90m Series B funding round led by growth investor TCV, taking the total raised by the company to €115m.
Tectonic Ventures is back in the fundraising market looking to raise up to $75m for its sophomore investment vehicle.
Xfund - the early-stage firm launched by a clutch of the biggest venture capital firms in the US - has sealed a successful $120m fund close for its third flagship investment vehicle.
Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.
Indian VC investment firm 3one4 Capital is targeting INR7.5bn ($100m) through the launch of its fifth fundraise.
Cloudentity, a provider of application security and identity-aware authorisation, has closed its Series A round on $13m.
Bain Capital was among investors in the latest investment round for digital asset infrastructure specialist Zero Hash.
Danish cybersecurity startup Cobalt has secured $29m in a Series B round to fund the further expansion of its services.
Hong Kong-based FinTech Neat has topped up its Series A round with a $4m extension, bringing the total raised in the round to $15m.
Venture capital performance remained 'unscathed' in the first quarter of 2020 despite the onset of the coronavirus pandemic, as the industry consolidated what had been an exceptional 2019, new research shows.
Initialized Capital, the investment firm launched by Reddit co-founder Alexis Ohanian and ex-Y Combinator partner Garry Tan, has hauled in $230m for its fifth seed fund.
UK proptech Hammock has secured £1m in a seed funding round backed by Fuel Ventures, Ascension Ventures, Founders Factory and several unnamed angel investors.
French investment house Andera Partners is reportedly out targeting up to €450m for its biggest-ever fund, hot on the heels of closing a €500m-plus mezzanine fund in June.
Home insurance platform Kin Insurance has closed its Series B round on $35m, led by Commerce Ventures.
