BNPL Klarna Secures $639million in Funding To Support International Expansion
Klarna, a global payments provider, retail bank, and shopping service, has confirmed a new equity funding of $639 million. The round was led by SoftBank’s Vision Fund 2,with additional participation from existing investors Adit Ventures, Honeycomb Asset Management and WestCap Group, to support international expansion and further capture global retail growth. The post-money valuation of […]
Arrington Capital launches $100m fund to invest in Algorand-based initiatives
Arrington Capital, a digital asset management firm in blockchain-based capital markets, has launched a new $100 million fund to support initiatives building on Algorand, a blockchain accelerating the convergence of decentralised and traditional finance. The Arrington Algo Growth Fund (AAGF) aims to encourage and spur additional development on Algorand, which has seen significant growth and […]
Ace Capital Partners launches Spain-focused aerospace and defence private equity fund
Ace Capital Partners, a private equity firm specialised in strategic industries and technologies and subsidiary of Tikehau Capital, announces today the launch of Ace Aerofondo IV FCR, with SEPI, Airbus, Indra and Tikehau Capital as investors. This new private equity fund will invest in lower and upper midmarket companies active in the Spanish aerospace and […]
Drawbridge launches new module for private equity funds
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has launched a new module in Drawbridge’s flagship technology platform designed specifically for Private Equity (PE) funds. The new module gives PE funds a single view to monitor the complete cyber risk profiles of their portfolio companies in real-time. The first offering […]
Shamrock Capital closes USD1bn Growth Fund V
Shamrock Capital (Shamrock) has held the final closing of Shamrock Capital Growth Fund V, (SCGF V), a USD1 billion fund focused on buyout and later-stage growth equity investments within Shamrock’s core industries of media, entertainment, and communications. Shamrock’s private equity funds target companies seeking USD25-200 million of equity capital in both control and non-control transactions. […]
Macquarie leads USD35m Series B funding round in Overhaul
Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for the world’s leading brands, announced its USD35 million Series B funding today. The current round is led by Macquarie Capital, with participation from Edison Partners and Avanta Ventures (venture arm of CSAA Insurance Group). Overhaul will use the investment to accelerate […]
KKR invests USD150m in Jet Edge International
Funds managed by KKR, a global investment firm, have provided a credit facility of up to USD150 million to Jet Edge International (Jet Edge), a specialist in full-service private aviation responsible for operating the largest fleet of managed Challenger and Gulfstream aircraft in the United States. The funding will be used to support the acceleration […]
Marlin Equity Partners Closes €675 Million For Second Europe Fund
Marlin Equity Partners, a leading global investment firm, is pleased to announce the final closing of Marlin Heritage Europe II, L.P. (“Heritage Europe II” or the “Fund”), with €675 million of total capital commitments, more than double the size of its predecessor fund. The Fund successfully closed over its target with strong support from existing […]
Muzinich & Co secures $300m for Aviation Senior Secured Strategy
Muzinich & Co has announced the seeding of its Aviation Senior Secured Strategy, at $300 million. The Senior Secured Strategy has attracted the interest of European institutional investors who have provided the capital and has an overall target capacity of $1.5 billion. The Senior Secured Strategy seeks compelling risk-adjusted returns and attractive income by looking […]
Innovative Molecules raises EUR20 million Series A equity financing round
Innovative Molecules, a German, Munich-based drug development company focused on developing next-generation treatments for Herpes simplex-induced diseases, has closed a EUR20 million Series A equity financing round led by LSP (Life Sciences Partners). The company will use the funds to advance its preclinical product candidate, IM-250, from the current late preclinical stage to a Phase […]
