Greenbriar Equity Group Closes Fund V at USD1.68bn
Greenbriar Equity Group, LP today announced the final closing of Greenbriar Equity Fund V (Fund V) with total capital commitments of USD1.68 billion. Fund V represents the firm’s largest fund to date, receiving strong support from both existing investors as well as a broad base of globally diverse and highly regarded new investors across the […]
This Electronic Notary Startup Just Raised $130 Million After A Year Of 600% Growth
This time last year, Pat Kinsel, founder and CEO of electronic notary startup Notarize, was fielding 3,000 calls a week as real estate brokers and financial advisors clamored to get set up on the service as in-person business was put on pause. Notarize started onboarding clients across industries it hadn’t much worked with previously, like […]
Fintech Startup Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services
Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced it has closed $40 million of Series A funding from six of the seven largest U.S. banks and the top two payment technology companies: Truist, Bank of America, PNC, JPMorgan Chase, Wells Fargo, Mastercard, and Visa. The group is joined […]
Sequoia raises $195 million for second seed fund to back entrepreneurs in India and Southeast Asia
Sequoia Capital India has closed a seed fund of $195 million to back promising entrepreneurs across India and Southeast Asia, the venture capital firm announced Thursday. A growing number of Indian start-ups are expected to launch large initial public offerings this year, according to Rajan Anandan, a managing director at Sequoia Capital India who looks after […]
Blackstone closes largest first-time growth equity vehicle at USD4.5bn
Blackstone has held the final close of Blackstone Growth (BXG), its inaugural growth equity fund, at its hard cap of USD4.5 billion in third-party capital commitments from a wide range of family offices, entrepreneurs, endowments, strategic institutional investors, pension funds, high-net-worth individuals, and other investors. Since it began investing in 2020, BXG has already made […]
Omnio launches EUR30m funding round led by GrayBella Capital
Omnio, a specialist in Banking-as-a-Service, has launched a EUR30 million funding round led by pan-European venture fund GrayBella Capital Omnio is a fast-growth pre-IPO banking infrastructure leader based in London, England. Omnio builds on its pioneering Banking-as-a-Service offering, with the growth of Sercle, its credit union platform that serves 135 small financial institutions and over […]
Sports retailer Fanatics raises $320 million at $12.8 billion valuation in new funding round
Fanatics, the world’s biggest licensed sports merchandise retailer, raised $320 million in fresh capital in a funding round that valued the company at $12.8 billion, according to sources close to the deal. The funding round, which came months after its last round, was led by private equity firms Silver Lake, Blackstone, Fidelity Investments, Neuberger Berman, Thrive […]
Airbnb and Netflix investor TCV, others invest $400 million in fantasy sports unicorn Dream11’s parent
The investment marks maiden India deal for TCV that had earlier backed companies such as Airbnb and Netflix. Dream11 also saw the participation of its existing investors such as Tiger Global, ChrysCapital, TPG Growth, Steadview Capital, and Footpath Ventures. Fantasy sports startup Dream11’s parent company Dream Sports has raised $400 million in the latest funding […]
Utilis secures USD6m from Beringea
Utilis, a pioneer of satellite-based infrastructure intelligence, has raised USD6 million from Beringea, a transatlantic venture capital firm, which will be used to accelerate the growth of its data-driven analytics enabling the detection of water leaks and infrastructure asset management Utilis was founded in 2013 by Lauren Guy, a scientist focused on atmospheric physics and […]
Freetrade raises £35m from private equity
A British share trading platform partly financed through crowdfunding said that it was now valued at £265 million after raising fresh capital from private equity backers. Freetrade, which claims to have 600,000 UK customers, said that it had raised £35 million from venture capital institutions, including Left Lane Capital, of New York. Freetrade has raised […]
