Foresight invests GBP3.5m in IMMJ Systems
Foresight Group, an independent infrastructure and private equity investment manager, has made a GBP3.5 million growth capital investment into IMMJ Systems Limited, a rapidly growing electronic document management solution (EDMS) supplier, with a focus on healthcare. Founded in 2015, by a team experienced in enterprise IT and NHS technology distribution, IMMJ developed MediViewer. This leading […]
Indian electronics and lifestyle startup “Boat” raises $100 million from Warburg Pincus
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story to date in the world’s second-largest internet market. An affiliate of Warburg Pincus, a New York-headquartered private equity firm, financed the entire Series B round for the four-year-old […]
Lots of money chasing too few ideas marked 2020 freight-tech investment: Larkin
The rise of SPACs as well as private equity getting into early stage investment were features of the investment landscape this past year, according to the industry veteran. The red-hot freight-tech investment world of 2020 was “frothy,” marked by “more money than there are good ideas.” That’s the view of John Larkin, a trucking and […]
RIL deals lift PE-VC funding to $39 billion in 2020, highest in 5 years
On the back of Reliance’s fund-raising spree, private equity (PE) and venture capital (VC) investments in 2020 beat the pandemic blues and recorded the highest level in the last five years at $39.2 billion across 814 deals. This was 6.6% higher than 2019, which had seen 1,012 deals. Investments into RIL’s businesses made up 44% […]
TPG´s Rise fund Leads $210 Million Series D Round in Chinese Edtech Firm Meishubao
Meishubao Education, a Tencent-backed Chinese online art education platform, announced on Thursday the completion of a Series D round of financing at $210 million led by U.S.-based private equity firm TPG’s global impact investing platform The Rise Fund. A group of Chinese investors including Shenzhen-based venture capital firm Fortune Capital; Winsdom Capital, which invests in […]
Big tech bets and cryptocurrencies power 2020’s top U.S. funds
NEW YORK – Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year’s top-performing U.S. mutual fund and exchange-traded funds as the coronavirus pandemic upended global markets, while funds that bet on oil and gas companies fell nearly 100%, according to data from fund-tracker Morningstar. The year was a challenge like few […]
