Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund
The Public Investment Fund, Saudi Arabia’s sovereign wealth fund chaired by the Crown Prince, has agreed to commit up to a fifth of a planned $800m Middle East infrastructure fund being established by Aberdeen Standard Investments and Investcorp. The Aberdeen Standard Investcorp Infrastructure Partners fund has received the pledge of as much as $160m from […]
Scientia raises $50M investment from Vivo Capital
Scientia Vascular, a rapidly growing commercial company focused on helping save patients’ lives with a suite of interventional medical devices, has raised $50M of growth equity financing from Vivo Capital, a Palo Alto, CA-headquartered global healthcare investment firm. The financing will be used to accelerate sales, marketing, and new product development in both its core […]
Israel-China medical fund to raise $300m for joint drug development ventures
The Guangzhou Sino-Israel Bio-industry Investment Fund (GIBF), which seeks to promote and invest in Chinese and Israeli joint ventures in the biomedical field, said Monday it is raising a second fund for a total of $300 million (2 billion yuan). The GIBF 2 fund has already closed $200 million, and plans to raise an additional […]
Phorest software raises €20m from US investment firm
Phorest has raised €20 million in funding from US investment firm Susquehanna Growth Equity (SGE). The company, which was founded by Ronan Perceval in 2003, will use the funding to increase the pace of its international expansion. Phorest, which offers management software for hair and beauty salons, has been growing at around 40 per cent annually. The €20 […]
Tactus Group Invests in Pi-Top
Tactus Group, a specialist in the development of consumer technology products, invested in pi-top, a London, UK-based expert in coding and robotics that focuses on improving digital skills in the education sector. The amount of the deal was not disclosed. The investment will strengthen Tactus Group’s capabilities in coding and robotics, and bolster its offering […]
Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies
Palantir’s latest investment was announced on Thursday, when Babylon Health said it’s going public through a special purpose acquisition company. A group of investors, including Palantir, committed to invest a combined $230 million into the Babylon transaction. Palantir has now agreed to at least six SPAC deals in less than three months. A SPAC is a blank-check […]
Standard Life Private Equity Trust review
The Standard Life Private Equity Trust (SLPET) aims to achieve long-term total returns by investing in a diversified portfolio of private equity (PE) funds, as well as private companies. The company is predominantly focused on the European mid-market, with the ability to select complementary PE strategies, ranging from growth to large buyout funds. The manager considers access […]
EQT Ventures backs Vev
EQT Ventures has led a EUR5 million seed funding round into Vev – a visual editor for content creators to build and launch interactive websites. Existing investors Sagene Tech Ventures and Skyfall Ventures also participated in the round. Discovered by EQT Ventures’ proprietary AI platform Motherbrain, Vev is EQT Ventures’ first Norwegian investment. Vev creates […]
KKR Makes $55 Million Investment in eSSENTIAL Accessibility
KKR today announced a $55 million investment in eSSENTIAL Accessibility (“eA” or the “Company”), the pioneering provider of Accessibility-as-a-Service. As the digital divide for people with disabilities expands and the number of companies facing Americans with Disabilities Act (ADA)-related litigation continues to skyrocket, eA’s digital accessibility platform addresses the growing demand for a comprehensive, sustainable solution. “As our […]
Warburg Pincus invests in NetDocuments
NetDocuments, a secure cloud-based content services and productivity platform for law firms, corporate legal teams, and compliance departments, has secured a significant investment from Warburg Pincus, along with existing investor Cove Hill Partners. Warburg Pincus’ investment alongside Cove Hill will support the Company’s continued rapid growth and innovation. Terms of the transaction were not disclosed. […]
