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Deals

Knit raises $3.55m in seed funding round led by Silicon Ventures

Consumer insights start-up Knit has raised $3.55 million in an oversubscribed seed funding round led by Silicon Road Ventures. Bread and Butter Ventures, Alumni Ventures, Bootstrappers.mn, Operate Studio, and TiE Global Angels also participated in the round.  Knit’s technology enables customers to tap into a network of over one million

Investcorp to sell softgarden for €118m

Investcorp Technology Partners (ITP), a European technology investor, is to sell softgarden e-recruiting (softgarden), a provider of human resources software solutions to Grupa Pracuj, an HR Tech company listed on the Warsaw Stock Exchange. The transaction, which is expected to complete imminently, will result in a return of in excess

Platform9 closes $26m financing led by Celesta Capital

Platform9 has closed $26 million financing led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors. This financing round comes on the back of three consecutive years of 100% growth in annual recurring revenue (ARR) for SaaS Kubernetes, led by enterprise interest in cloud-native distributed clouds. 

VEON Ventures makes $15m Series A investment in Dastgyr

VEON Ventures has completed a $15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. This investment will contribute towards boosting Pakistan’s e-commerce market.   Dastgyr offers businesses a one-stop-shop application that connects thousands of retailers with suppliers to give them access

MFS Africa extends Series C to $200m

Digital payments network MFS Africa has has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in its Series C round to $200 million. New investors, Vitruvian Partners and AXA IM Alts joined the extension, alongside existing investors, AfricInvest

LDC exits Plimsoll Productions to ITV in £131m deal

Mid-market private equity firm LDC has exited its investment in Plimsoll Productions (Plimsoll) to ITV plc in a transaction that values the independent television production company at £131 million. Plimsoll’s BAFTA, EMMY and Academy award winning team specialises in wildlife, documentary and factual entertainment shows, and is the biggest independent

Projekt Rising secures £100k from Growth Lending

Project and resource management specialist Projekt Rising has secured a £100k investment from Growth Lending to develop its project management automation technology, expand its product offering and enhance working capital.

Molten Ventures participates in CoachHub’s $200m Series C

Venture capital firm Molten Ventures has participated in a $200 million Series C funding round in CoachHub, a global digital coaching platform. The round, led by Sofina and SoftBank Vision Fund 2, will be used to further scale CoachHub’s product innovation and operations while accelerating the company’s global expansion. Following

British Patient Capital invests $12.5m in global health technology platform Proximie

British Patient Capital has invested in Proximie, the global health technology platform digitising operating rooms around the world, as part of a $80 million Series C round. The $12.5 million investment has been made via Future Fund: Breakthrough, British Patient Capital’s £375 million programme where it co-invests with private sector

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