Venture capital firm Juxtapose raises $300 million
Venture capital is an inherently risky business. Most venture-backed startups fail, so fund managers often count on just one big hit to juice an otherwise mediocre investment portfolios. Six-year-old venture capital firm Juxtapose is betting that it can create a better track record. And in a sense, its startups can’t afford to fail. The venture studio, which […]
Venture capital firm Juxtapose raises $300 million
Venture capital is an inherently risky business. Most venture-backed startups fail, so fund managers often count on just one big hit to juice an otherwise mediocre investment portfolios. Six-year-old venture capital firm Juxtapose is betting that it can create a better track record. And in a sense, its startups can’t afford to fail. The venture studio, which […]
Fulfilment solution Cubyn raises EUR35m to expand in France and across Europe
On-demand fulfilment start-up Cubyn has raised EUR35 million in a funding round led by Eurazeo and Bpifrance Large Venture, with new participation from First Bridge Ventures and Fuse Venture Partners, and follow-on funding from DN Capital, 360 Capital, Bpifrance Smart Cities fund and BNPP Développement Cubyn will use its new funding to double its team […]
Revelation Partners Closes Revelation Healthcare Fund III at Hard Cap of $350MM
Revelation Partners, a dedicated secondary investor in healthcare, announced the first and final closing of its newest fund, Revelation Healthcare Fund III, at its hard cap of $350 million. The oversubscribed offering surpassed the initial target of $300 million and builds on the long-term investment success of the firm. The firm, which now manages over […]
Accelmed Partners raises $400m to invest in commercial stage healthtech
Accelmed Partners, a private equity firm focused on acquiring and investing in US commercial stage, lower middle market HealthTech companies, has closed its oversubscribed second fund, Accelmed Fund II at the fund’s hard cap of $400 million, exceeding its original $300 million target. Fund II received significant backing from new investors globally, including pension funds, […]
Inovia Capital closes second growth-stage fund at USD450m
Inovia Capital has held the closing of its second growth fund with USD450 million in committed capital. The fund, which saw strong support from existing and new investors, will invest in tech-focused growth-stage companies in industries such as financial services, healthcare, commerce, the future of work, and travel. The closing of this fund brings Inovia’s […]
Ares Management Corporation closes USD3.7bn Pathfinder Alternative Credit Fund
Ares Management Corporation (Ares) has held the final closing of its Ares Pathfinder Fund, with USD3.7 billion in total commitments. The Fund was significantly oversubscribed at its hard cap and exceeded its original target of USD2.0 billion. As of 31 December, 2020, the Ares Alternative Credit strategy managed approximately USD13 billion in assets under management […]
MintGreen raises seed round from CoinShares to use bitcoin mining to monetise heat generation
MintGreen has closed a seed financing round, led by CoinShares Ventures, the investment arm of the publicly listed digital asset investment firm, as it looks to deploy the first large-scale commercial project to harvest heat from bitcoin mining. The cryptocurrency market is growing rapidly, with the price of bitcoin up 10x year over year and […]
Equita Private Debt Fund II reaches EUR131.5m of total commitments
Equita, an independent Italian investment bank, has held an additional closing of Equita Private Debt Fund II (EPD II), the PIR compliant Italian closed-end fund managed by Equita Capital SGR. The new phase of EPD II’s fundraising closed with EUR31.5 million of commitments and involved four institutional investors, including a leading Italian insurance company and […]
Squarespace valued at $10 billion in latest funding round
Squarespace Inc said on Tuesday it raised about $300 million in its latest funding round, valuing the website building and hosting company at $10 billion, less than two months after confidentially filing paperwork for a U.S. stock market listing. New investors included Dragoneer, Tiger Global and D1 Capital Partners, the company said, adding that the […]
