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Category: venture capital

Concirrus bags new VC investment just months after closing Series B round

Concirrus, an insurance software developer, has raised another $6m in funding, hot on the heels of its recent $20m Series B round.

Nauta Capital nears €500m AUM thanks to Fund V first close, reveals debut deal from new vehicle

Nauta Capital has brought its assets under management to almost €500m through the first close of latest venture capital investment fund.

LGT Capital gets double fund commitment from British Business Bank unit through £500m investment programme

The British Business Bank has made its largest commitment to date from its £500m managed funds programme, by committing to a pair of LGT Capital Partners fundraises.

Here’s what the stats say about LP and GP activity during the coronavirus

The impact of the coronavirus crisis is likely to be felt around the world for years to come, with the economic aftermath potentially outstripping the 2008 financial crash. And that uncertainty over how the future

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.

European life sciences investment major LSP leads €32m VarmX Series B round

European life science and healthcare investor LSP has led a €32m Series B financing round for VarmX, a biotech company focused on developing approaches for the reversal of anticoagulation.

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.

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.

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

Debt collection fintech business PAIR Finance gets more VC backing among latest funding round

PAIR Finance, a debt collection and receivables management platform, has scored €2m in funding as it continues its growth efforts.

HyperGrid, iQuate join to create CloudSphere, secure $15m backing to support venture

Cloud management and governance platform HyperGrid and agentless discovery and application mapping company iQuate have joined together to create CloudSphere.

Facebook co-founder Saverin’s B Capital strikes $820m final close for second fundraise

B Capital, a venture capital firm launched by Facebook co-founder Eduardo Saverin, has hauled in $820m for the final close of its second fundraise.

Private equity dealmaking suffers big weekly drop as Covid-19 continues to weigh on negotiations

Global private equity dealmaking slumped 14.5% in the last week of June as the ongoing Covid-19 pandemic continues to weigh on transactions across the world's markets.

Mosaic, Y Combinator help regtech player Veriff closes $15.5m funding round ahead of larger Series B

Mosaic Ventures and Y Combinator have helped regtech platform Veriff close its latest funding round on $15.5m.

Huge confidence from insurers that asset managers can navigate coronavirus crisis – State Street survey

Asset managers have been given a massive vote of confidence from insurers, with the vast majority confident their investment managers can navigate the current financial crisis caused by COVID-19, new research reveals.

CPPIB, General Atlantic heavyweights revealed as latest board members at emerging markets PE body EMPEA

Emerging markets private equity industry association EMPEA has named General Atlantic CEO Bill Ford and CPPIB head of Asia Pacific Suyi Kim to its board of directors.

Rash of hefty private equity Jio investments masks crushing impact of coronavirus on Indian PE, VC market

A rash of big-money private equity investments in Indian telecom operator Reliance Jio have seen India's PE and VC deal figures in H1 outdo results from the same period last year despite the crushing impact

Microsoft’s M12, US Venture Partners lead $15m investment in cybersecurity company Hunters

Tel Aviv-based cybersecurity company Hunters has bagged $15m in a Series A funding round from Microsoft’s M12 and US Venture Partners.

EQT leads $3m round for freelancer payment, finance management app maker Willa

EQT Ventures has led a $3m funding round for Willa, which looks to make it easier for freelancers to arrange for payments and to get control of their finances.

Neuberger Berman agrees to buy over $275m of Dignifi assets as company seals Series A round

DigniFi, a AI-powered platform which connects consumers with lenders for auto parts, repairs and services, has signed a deal with Neuberger Berman Private Equity to purchase over $275m of assets.

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