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Category: Venture/Growth

Commerce Ventures leads $35m Series B to expand Kin Insurance across US

Home insurance platform Kin Insurance has closed its Series B round on $35m, led by Commerce Ventures.

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.

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.

Industry Ventures raises $180m sophomore co-investment fund amid coronavirus lockdown

Industry Ventures has hit a $180m final close for its second co-investment fund amid talking up the "compelling opportunity" to invest in digital transformation in the coronavirus pandemic.

CapMan has goal in sight for sophomore growth fund thanks to €74m first close

Nordic private equity investor CapMan is in sight of its €85m goal for its latest growth fundraise.

Blackstone brings in ex-Pfizer CEO, chairman Kindler as newest senior advisor

Global private equity giant Blackstone has brought in former Pfizer CEO and chairman Jeffrey Kindler as its latest senior advisor.

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.

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.

TZP Group names two new partners amid string of hires

New York private equity house TZP Group has revealed a pair of new partners among a string of new hires at the firm.

Ex-Mastercard CEO, president Lockhart brings expertise to Blackstone as senior advisor

Former Mastercard president and CEO Gene Lockhart has been hired by Blackstone as a senior advisor, with a focus on the firm's growth equity and opportunistic investment units.

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.

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