EmergeVest, a Hong Kong-based growth-oriented private equity investment group, has invested in Lucy, a neobank focused on women entrepreneurs, through seed funding. In addition, Dr Jessica Bruser of EmergeVest has joined Lucy’s board of directors.
Deals & Transactions
Open banking platform Snoop has secured GBP15 million in Series A funding from leading American investment management firm Paulson & Co Inc (Paulson), giving the business a post-money valuation of GBP47 million.
Mayfair Equity Partners (Mayfair), a tech and consumer growth investor, has completed an investment in British haircare brand Tangle Teezer. Mayfair will hold a majority stake in the business. Additional deal terms have not been disclosed.
Legend Capital has participated a biological computing platform enterprise BioMap's USD100 million Series A funding round.
Surrey-based fulfilment and national delivery business Diamond Logistics has secured a GBP2.5 million investment from BOOST&Co.
Aliter Capital (Aliter), a private equity buy and build specialist in the support services sector, is pleased to announce that it has agreed the sale of its shareholding in North Group SP (North) to Livingbridge.
Private equity firm Twenty20 Capital has signed a deal to transfer ownership of its high volume recruitment asset, PMP Recruitment to Challenge-trg Group.
Livingbridge invests in connectivity and IoT specialist North and makes follow on acquisition of Data Techniques
UK mid-market private equity investor Livingbridge, has made an investment in North SP Group (North) and a follow on acquisition of Data Techniques.
Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce that it has provided a financing solution to P Van De Velde.
Vienna-based logistics and warehousing start-up, Storebox, has just raised EUR52 million in a series B investment round.