PRO Unlimited to acquire Workforce Logiq via agreement with EQT Private Equity

PRO Unlimited, a modern workforce management platform provider, through an agreement with EQT Private Equity, is to acquire Workforce Logiq from funds managed by Carlyle later this year, subject to customary regulatory approvals.  This transaction will combine two leading-edge companies that share a common strategic approach in solving its diversified clients’ contingent workforce management needs […]

Prime Trust raises $64m in Series A funding

Prime Trust, a one-stop shop for financial infrastructure for fintechs, has closed a $64 million Series A funding round. The timing of the raise coincides with the firm having crossed $100 million in annual revenue-run rate and 250 million API calls per month from its B2B customers. This is the first institutional round of funding […]

SEDNA raises $34m in Series B funding

SEDNA, an intelligent communications system for high-performance teams at leading companies like Glencore, Norden, and Bunge, has secured $34 million in Series B funding. The funding will allow SEDNA to expand its investment in the global supply chain space while also increasing value in new verticals where overwhelming communication makes work harder. Customers fully implementing […]

Spendesk raises €100m Series C round

Spendesk, an all-in-one spend management platform for finance teams, has raised €100 million in Series C funding led by global growth equity firm General Atlantic.  All previous investors, including Index Ventures and Eight Roads Ventures, also participated in this round, bringing Spendesk’s total funding to €160 million. With the additional investment, Spendesk will focus on […]

EquipmentShare completes $230m funding round

EquipmentShare, an equipment and digital solutions provider serving the construction industry, has completed a $230 million funding round led by Tiger Global Management, The Spruce House Partnership and RedBird Capital Partners, with additional participation from Tru Arrow Partners and existing investors Romulus, Insight Partners and Anchorage Capital Group.  These fundraising efforts provide capital for EquipmentShare […]

Kartesia supports Stirling Square with acquisition of Sustainable Agro Solutions

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, as provided a €103 million financing solution alongside Eurazeo to pan-European mid-market private equity firm Stirling Square Capital Partners (Stirling Square) for its acquisition of Spanish agriculture business Sustainable Agro Solutions (SAS). Founded in 1989, SAS is a leading developer and producer […]

DN Capital launches $350m tech fund to shape post-pandemic world

Venture capital firm DN Capital has announced the launch of its latest USD350 million fund, focusing on early-stage founders developing tech to boost the global post-Covid recovery. In an unprecedented global economic environment, the firm’s fifth fund will back early stage entrepreneurs across Europe, the UK and the US who are looking to create businesses […]

Gresham House invests £63m into UK full-stack high-speed internet provider

Gresham House, a specialist alternative asset manager, has invested GBP63 million into full-stack UK internet service provider Telcom Group through its British Strategic Investment Fund (BSIF). The commitment will enable Manchester-based Telcom Group to accelerate its delivery of ultrafast and reliable fibre connectivity to commercial and residential properties across the UK, underpinned by its own […]

VCM Global Asset Management Invests $30m in MillTechFX

VCM Global Asset Management (VCM) has made a $30 million investment in MillTechFX, the fintech arm of the Millennium Global Group, to accelerate disruption of the world’s USD6 trillion a day Forex market. VCM is buying a significant stake after its private equity arm found itself paying steep FX transaction fees on a recent multifamily […]

Everseen secures Investment from Crosspoint Capital Partners

Crosspoint Capital Partners (Crosspoint), a private equity firm focused on the cybersecurity, privacy and infrastructure software markets, has made an investment in Everseen, a specialist in AI-powered computer vision software.  Everseen’s technology brings patented AI-powered computer vision to core business processes. The technology has achieved critical mass in the Retail sector across processes such as […]