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Category: Venture/Growth

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.

Bright Network highlights need to help ‘Corona Class’ of graduates amid investment from Maven Capital, Seneca Partners

UK private equity house Maven Capital Partners has led a further investment in Bright Network, a media technology recruitment platform aiming to connect employers with graduate workers.

Hamilton Lane holds final close for its new Impact Fund

Hamilton Lane, a private markets asset management firm, has held the final close of its new Impact Fund, pulling in over $95m.

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.

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.

Insurance chatbot startup Hi Marley gets $8m Series A1 investment

Insurance chatbot Hi Marley has closed an $8m Series A1 led by True Ventures and Underscore VC.

Summit Partners closes a pair of new funds totalling $2.1bn

Summit Partners, a global private equity firm, has closed a pair of funds which have a combined capital pool of $2.2bn.

645 Ventures eyes big fund size hike with launch of $100m-targeting third vehicle

645 Ventures is eyeing a hefty fund size hike after launching a new fundraise targeting up to $100m.

Identity fraud fighting startup ubble raises €10m seed round

French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.

Area 1 Security secures $25m funding round to support its R&D

Area 1 Security, a pre-emptive email security solution, has closed its growth equity round on $25m, with ForgePoint Capital leading the round.

Australian business bank Zeller raises AUD $6.3m ahead of 2021 launch

New alternative business banking platform Zeller has reportedly raised AUD $6.3m ($4.3m) in a funding round as it aims for a 2021 launch.

Royalty-free music, images subscription business Artlist gets KKR investment

Global private equity major heavyweight KKR has invested in royalty-free licensed music provider Artlist.

Veteran Missouri pension investor Kelly joins PennSERS as new CIO

Veteran Missouri state pension investment specialist Seth Kelly has joined the $31.1bn-managing Pennsylvania State Employees’ Retirement System as its new CIO.

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