LoveLocal, an Indian hyper-local e-commerce platform, has raised USD18 million in an oversubscribed pre-Series B investment round led by Vulcan Capital, and also including participation from Klarna Founder & CEO Sebastian Siemiatkowski’s Flat Capital, Alumni Ventures Group and Commerce Ventures. Angel investors Nami Zarringhalam, Co-founder of Truecaller, Sriram Krishnan, General
Kebony, an environmentally-friendly wood modification technology company, has raised EUR30 million in a funding round led by Jolt Capital and Lightrock. Kebony’s vision is to reduce CO2 emissions and tropical deforestation using its patented wood modification techniques, which produce superior wood in an environmentally friendly way. The Kebony technology permanently
Consulting company Silicom and e-learning SaaS platform Seela have announced their merger to create Pr0ph3cy Group (Pr0ph3cy), a provider of IT and cybersecurity services in France. Pr0ph3cy will serve large private groups and government agencies to provide solutions for their critical security needs and will offer an e-learning platform aimed
Filipino social entertainment platform Kumu has raised a Series C led by General Atlantic, a global growth equity firm with more than 40 years of experience scaling disruptive businesses internationally. Existing investors Openspace and SIG also participated. This transaction marks the largest equity financing to date for a Filipino startup
Forester Capital, an alternative investment platform, has launched a strategic partnership with Louis Chang of Gavilan Investment Partners. Chang invests through a concentrated portfolio of investments within the technology, media, telecom and consumer industries. Chang brings 17 years of experience and a track record of success as both a long-term,
Alantra Private Equity (Alantra) has formed a partnership with Aceitunas Guadalquivir SL (Agolives), a specialist in the olive table sector, aimed at boosting the Company’s ambitious growth plans, both in Spain and at an international level. The founding family and the rest of the management team will retain a stake
VavaCars, a Turkey-based online trading platform for buying and selling used cars has raised USD50 million to expand its operations in Turkey and Pakistan. Duquesne Family Office LLC (founded by Stanley F Druckenmiller), founding investor, Vitol, plus one other new investor participated in the round. Since VavaCars’ launch in April
Prophix, a specialist in Corporate Performance Management (CPM) software, has acquired Brussels, Belgium-based Sigma Conso, a CPM software and services provider specialising in financial close management and financial planning and analysis. Prophix has acquired Sigma Conso from Fortino Capital, a European B2B software investor. The acquisition will see Sigma Conso’s
Vertical Aerospace (Vertical), a global aerospace and technology company specialising in zero-emissions aviation, has secured over USD200 million in additional financing to support its path to scale production and certification of the VA-X4 electric vertical take-off and landing (eVTOL) aircraft. Vertical is targeting the highest global certification for its VA-X4,
HelpSystems has acquired Digital Guardian, a SaaS provider of data loss prevention (DLP) solutions for large and mid-sized organisations. Digital Guardian’s solutions give customers visibility and protection of their data across many operating systems and applications. The company also provides a popular managed service that operates as an extension of
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