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Deals

Climedo closes EUR5m seed financing round

HealthTech company Climedo has received EUR5 million in a seed financing round led by pan-European VC firm Nauta Capital. Westtech Ventures from Berlin and existing business angels including as Prof Dr Christian Wallwiener (WMC Healthcare) also participated in the round.  Climedo is a digital platform for electronic data capture in

Qumata extends Series A funding to USD23m

Qumata, a specialist in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has extended its Series A round of funding to USD23 million. A number of the firms participating in this round are extending their initial involvement with Qumata, including

SpliceBio raises EUR50m in oversubscribed Series A financing co-led by UCB Ventures and Ysios Capital

SpliceBio, a biotechnology company exploiting protein splicing to develop next generation gene therapies, has closed an oversubscribed EUR50 million series A financing co-led by UCB Ventures and existing shareholder Ysios Capital. New investors New Enterprise Associates (NEA), Gilde Healthcare, Novartis Venture Fund, and existing shareholder Asabys Partners also particpated.  The

TruArc Partners invests in New Directions Aromatics

TruArc Partners, a private equity firm focused on the middle-market, has invested in New Directions Aromatics (New Directions) in partnership with Founder and CEO, Alex Thomas. Based in Toronto, New Directions is a supplier of natural ingredients to the cosmetics, health and beauty and personal care markets.    The newly

Riverside makes PaleoWest investment

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in PaleoWest, a Phoenix-based cultural resource management consulting firm. Founded in 2006, PaleoWest is a professional consultancy that assists clients with their need to address federal, state and local level environmental regulations,

SourceDay closes USD31.5m Series C funding

SourceDay, a supply chain procurement collaboration engine for direct spend materials and one of Austin’s fastest-growing companies, has closed a USD31.5 million Series C round of funding. The round was led by Norwest Venture Partners with participation from existing investors ATX Ventures, Baird Capital, Draper Associates, Ring Ventures and Silverton

SIMON secures strategic investment from Citi

SIMON Markets (SIMON), a fintech company that offers an end-to-end digital suite of tools to help financial professionals understand, manage, and analyse complex alternative investment products, has secured a strategic investment from Citi. Citi is a longtime partner of SIMON, both as a leading issuer of structured investments and through

Passthrough raises USD5m to simplify fund closing process

Passthrough, a data-driven subscription document platform that seamlessly automates, distributes, executes, and manages the subscription process for fund managers and their investors, has raised USD5 million. Positive Sum led the round with participation from Okta Ventures, Great Oaks VC, and Company Ventures. Additional strategic angel investors and operators also participated

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