PatSnap secures USD300m Series E funding

PatSnap, a global leader in Innovation Intelligence, has secured USDD300 million in Series E funding. The investment round was led by SoftBank Vision Fund 2 and Tencent Investment with participation from CPE Industrial Fund and existing investors Sequoia China, Shun Wei Capital, and Vertex Ventures. PatSnap plans to use the funds to further advance its […]

China’s Baidu raises $3.1 billion from Hong Kong listing

Baidu Inc has raised $3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant. New York-listed Baidu said it will sell 95 million shares at HK$252 ($32.45) apiece as part of the transaction. The retail tranche of the deal, which was worth 5% of the total share […]

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 […]

Exabel closes USD9m seed round

Exabel, an analytics and data platform for investment teams, has closed a fourth seed investment round from investor AWC (formerly Awilhelmsen Capital Holdings), bringing its total capital raised to over USD21 million The company also announced today the launch of the new “Exabel Insights Platform” product for alternative data vendors. “We’re delighted to support Exabel’s […]

Papaya Global raises USD100m in Series C funding at over USD1bn valuation

Papaya Global, a workforce management platform transforming global employment, announced today that it has raised USD100 million in a Series C funding, bringing the company’s valuation across USD1 billion The new investment follows Papaya’s $40 million Series B funding announced less than six months ago. The new funding round was led by GreenOaks Capital Partners […]

State and private equity-backed Irish SME fund closes out at €135m

MML’s latest fund includes backing from Isif, AIB and Cigna A private equity company that invests in Irish SMEs has closed out its latest fund at €135 million, after receiving backing from State and private investors. MML Growth Capital Partners, led by its partners Rory Quirke and Neil McGowan, attracted investment for its Fund 2 […]

Finch Capital completes successful first close of EUR150m Europe III fund

Finch Capital has held the first close of its EUR150 million fund, Europe III, which will invest in European technology companies that shape the future of finance by using technology such as artificial intelligence. Europe III saw a near 90 per cent follow on investment from previous funds. Since its inception in 2013, the firm […]

RapidSOS raises USD85m in Series C Led by Insight Partners

RapidSOS, creator of an emergency response data platform, has closed USD85 million in a Series C funding round led by global venture capital and private equity firm Insight Partners. Insight is a leading software investor with over USD30 billion in AUM. The investment, which brings RapidSOS’s total funding to USD200 million, will advance the company’s […]

Kingswood Capital Management closes oversubscribed USD230m PE fund at hard cap

Kingswood Capital Management (Kingswood), an operationally-focused lower-middle market private equity firm, has closed the Kingswood Capital Opportunities Fund I.  The Fund was oversubscribed and closed at the hard cap with total commitments of USD230 million. The Fund received commitments from a balanced group of high-quality limited partners, including public pension funds, insurance companies, endowments, foundations, […]