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Category: venture capital

Financial wellness specialist PayActiv pulls in $100m for Series C round

Financial wellness platform PayActiv has bagged $100m in its Series C funding round to increase its customer base.

Algorithm-based venture capital investor Rocketship.vc raises $100m for heftier second fund

Data science-focused venture capital firm Rocketship.vc has raised $100m for its second fund, more than twice the total raised for its debut vehicle.

Octopus Ventures leads £6.6m Series A for payments startup Vitesse

Cross-border B2B payments company Vitesse has bagged £6.6m in a Series A round led by Octopus Ventures.

Paymob secures VC funding to help bolster financial inclusion in Egypt

Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.

Advent Life Sciences seals KaNDy sale to industry giant Bayer, deal could be worth over $975m

Europe's Advent Life Sciences has sealed a sale of KaNDy Therapeutics Ltd to industry giant Bayer in a deal which could see it collect in excess of $975m.

Family offices give VC vote of confidence amid Covid-19 crisis – but returns expectations prove surprising

Family offices are sticking with venture capital despite the growing coronavirus crisis - but their expectations of returns threw up a surprising result, new research shows.

Industry giants, Skype co-founder Zennström among backers of La Famiglia’s sophomore fundraise

Industry giant Mittal, the Swarovski family and Skype co-founder Niklas Zennström are all among backers of a €50m fund raised by woman-led venture capital firm La Famiglia.

Perimeter raises rapid-fire $40m Series B, just months after Series A extension

Zero-trust secure network Perimeter 81 has closed its Series B on $40m, just a few months after a Series A extension.

Proptech startup Habito secures £35m in venture capital-backed Series C round

London-based PropTech Habito has bagged £35m in a Series C round led by Augmentum Fintech, SBI Group and mojo.capital.

Ex-Facebook pair seal $110m final close for second Electric Capital fundraise

Fintech and cryptocurrency-focused venture investor Electric Capital has struck a $110m final close for its sophomore fundraise.

Blackbird Ventures follows soaring Canva success with A$500m fund close

Australian venture capital major Blackbird Ventures has raised its biggest fund to date by collecting A$500m for its fourth flagship investment vehicle.

Ex-Legend Capital healthcare execs raise $200m for debut Sherpa Healthcare Partners US-dollar fundraise

Sherpa Healthcare Partners has picked up $200m for the final close of its debut US-dollar fundraise.

Benelux dethroned by Nordics as world’s top-performing private equity market

The Nordic region has become the world's top-performing private equity market, helping Western Europe consolidate its position at the top of the global PE tree, new research has revealed.

UCL hits £100m first close for sophomore fund targeting spinouts, projects from university’s academics

A new venture capital fund targeting the commercialisation of projects and spinouts from academics at University College London has hit a £100m first close.

PropTech company JetClosing eyes new markets after closing $9bn Series B round

PropTech startup JetClosing has bagged $9m in its Series B round amid a plan to move into new markets.

Europe’s VC firms defy Covid-19 woes with deal surge – with one region even on track to beat record 2019 total

Europe's venture capital industry has staged a remarkable fightback against the coronavirus-induced market slump by posting one of the largest dealmaking totals on record in Q2.

Primomiglio sets sights on space investments with new venture capital fundraise

Italian fund manager Primomiglio has announced a €58m first close of a new venture capital fund focused on space investments.

Argentum turns Mediant equity into debt amid ‘unprecedent demand’ for company’s platform amid Covid

FinTech Mediant’s investors have injected a further $18.5m into the company to fuel the next stage of its strategic growth.

Banking fintech Thought Machine hits $125m for expanded Series B round

Cloud-native core banking technology firm Thought Machine has secured an additional $42m to its Series B, bringing the round’s total value to a hefty $125m.

Capricorn Venture Partners backs pioneering diabetes monitoring startup Indigo’s €38m Series B

Capricorn Venture Partners has made the second investment from its Digital Growth Fund by backing the €38m Series B round for medical device business Indigo Diabetes.

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