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Category: Venture/Growth

Australian banking supremo Gonski joins ex-PM Gillard as latest Leapfrog Investments advisor

Emerging markets-focused LeapFrog Investments has named ANZ Banking Group chairman David Gonski to its global leadership council.

IA Capital leads string of venture capital firms in $24m round for digital insurance specialist Matic

New York-based VC investor IA Capital has led a $24m investment round for digital insurance agency Matic.

Sequoia Capital reups in digital mortgage business Snapdocs through $60m Series C

Digital mortgage solution Snapdocs has closed its Series C round on $60m to continue a strong period of growth.

AI-based anti-money laundering startup Silent Eight gets $15m venture capital-led investment

Silent Eight, which leverages AI technology to combat money laundering and terrorism financing, has closed a $15m venture capital-led funding round.

Venture capital firms help payment processor Fivestart to $52.5m Series D investment round

Payment processing platform Fivestars has reportedly raised $52.5m in its Series D round of debt and equity.

True Ventures continues lightning fundraising pace with $840m double fund close

True Ventures has powered on with its hectic fundraising pace by hauling in $840m across two new investment vehicles.

OpenView Venture Partners strikes $450m Fund VI hard cap in huge boost to assets under management

Business software-focused investment house OpenView Venture Partners has hit a $450m hard cap close for its sixth fund.

Boldstart Ventures back in the fundraising market eyeing biggest fund yet

Boldstart Ventures is back in the fundraising market targeting its biggest-ever total through the launch of its fifth flagship investment vehicle.

Isomer Capital eyeing €250m for second European VC fund of funds raise

Isomer Capital has revealed a €250m-target for its second flagship fund of funds vehicle eyeing stakes in high-performing European venture capital managers.

EQT brings in veteran Microsoft dealmaker Marc Brown to head new growth capital investment strategy

EQT has brought in former Microsoft investment exec Marc Brown to head up its new growth investment strategy.

Amadeus Capital Partners leads investment in visual data security, privacy specialist Pimloc

Amadeus Capital Partners has led a £1.4m seed financing round for visual data security and privacy business Pimloc.

Bain Capital Ventures among Series B backers for open source management business FOSSA

Open source management company FOSSA has closed its Series B round on $23.2m to support the release of its Security Management service. The capital was supplied by Bain Capital Ventures, Canvas Ventures and Costanoa Ventures.

Extended warranty ‘reinventor’ Extend gets $40m venture capital-backed Series B investment

Extend, a startup which says it has reinvented the extended warranty process, has closed its Series B on $40m.

Private wealth managers must urgently increase use of tech or be left behind by competitors

Private wealth managers need to urgently increase their use of technology or risk being left behind by competitors, research from fintech firm Delio suggests.

SC Ventures backs cybersecurity startup Secret Double Octopus

Israeli cybersecurity company Secret Double Octopus has picked up a cash injection from Standard Chartered’s FinTech investment unit SC Ventures.

Venture capital firms help automated investing, banking platform M1 Finance to $45m Series C round

Automated investing, borrowing and banking platform M1 Finance has finalised its Series C investment round on $45m.

First Round Capital launches biggest fundraise yet, eyes up to $220m for Fund VIII

First Round Capital is back in the fundraising market eyeing up to $220m for its eighth flagship investment fund.

Education tech specialist Brighteye Ventures rides Covid distance learning boom with sophomore fundraise

European edtech investment specialist Brighteye Ventures has almost doubled its assets under management through a first close of its sophomore fund.

Second wave of Covid-19 biggest threat to fund managers eyeing LP capital – survey

LPs fears over a second wave of the Covid-19 pandemic is the biggest threat to alternative asset fund managers looking to raise new capital, new research shows.

Sofinnova Partners swoops for Anderson as partner to boost growth-stage Crossover Fund team

European life sciences venture capital major Sofinnova Partners has brought on board experienced former Abingworth investor Joe Anderson as a partner.

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