SEDNA raises $34m in Series B funding
SEDNA, an intelligent communications system for high-performance teams at leading companies like Glencore, Norden, and Bunge, has secured $34 million in Series B funding. The funding will allow SEDNA to expand its investment in the global supply chain space while also increasing value in new verticals where overwhelming communication makes work harder. Customers fully implementing […]
AXA IM Alts raises EUR1.9bn for European Life Sciences investments
AXA IM Alts has raised EUR1.9 billion of equity to accelerate investments into the Life Sciences sector. The capital was raised over the last seven months, with commitments to a significantly oversubscribed fund raise from a range of clients from North America, Asia and Europe. AXA IM Alts’ investments into the life science sector on […]
Convergence Partners holds first close of third Digital Infrastructure fund to drive digital inclusion in Africa
Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, has held the first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF) at $120 million. The fund is targeting a final size of $250 million. Now with more than $400 million of capital under management, Convergence Partners […]
Eurazeo raises more than €1.6bn for European tech company growth strategy
Eurazeo has exceeded its initial fundraising target for its growth strategy dedicated to equity investments in European tech companies. Total funding raised is more than €1.6 billion, of which €320 million from the Eurazeo Group and €200 million from retail clients. These successful transactions reflect the quality of Eurazeo’s team, the performance of its portfolio […]
Spendesk raises €100m Series C round
Spendesk, an all-in-one spend management platform for finance teams, has raised €100 million in Series C funding led by global growth equity firm General Atlantic. All previous investors, including Index Ventures and Eight Roads Ventures, also participated in this round, bringing Spendesk’s total funding to €160 million. With the additional investment, Spendesk will focus on […]
Temasek-owned Vertex Venture Holdings raising S$450m in debt
Temasek-owned Vertex Venture Holdings, a private entity in the business of venture capital (VC), is issuing S$450 million of seven-year senior unsecured bonds with a 3.3 per cent coupon. This is the first time Vertex is publicly issuing bonds. The funds raised will be used for refinancing of existing borrowings, redemption of any redeemable preference […]
Dopavision Raises €12M in Series A Funding
Dopavision, a Berlin, Germany-based company focused on development of digital therapeutics, raised €12M in Series A funding. The round was led by Seventure Partners with participation from Novartis Pharmaceuticals, Boehringer Ingelheim Venture Fund and Ababax Health. The company intends to use the funds for the clinical development of MyopiaX, its lead product in childhood myopia, […]
French battery start-up Verkor raises €100 million
Less than one year after its launch, the French battery company Verkor has raised €100 million (US$119 million) in funding. Co-led by EQT Ventures and Renault Group, with participation from the French Government and Auvergne-Rhône-Alpes Region, the funding will support the company’s expansion, and trigger the construction of the Verkor Innovation Centre (VIC) where the […]
Stafford raises over EUR450m for infrastructure secondaries investment
Stafford Capital Partners (Stafford) has raised over EUR450 million for its fourth dedicated infrastructure secondaries fund – Stafford Infrastructure Secondaries Fund IV (SISF IV). The specialist real assets and private markets manager held a third close of SISF IV, welcoming five investors into the fund. The close builds on two successful previous closes in August […]
ASI completes fund-raising for fourth private equity secondaries fund
Aberdeen Standard Investments (ASI) has completed the fund-raising for the fourth generation of its private equity secondaries programme. The total raised for Aberdeen Standard Secondary Opportunities SOF IV (SOF IV) and associated separate accounts is USD556 million, above the target of USD500 million and 30 per cent higher than the amount raised for its predecessor […]
