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InMotion Ventures backs self-driving taxi start-up

InMotion Ventures, Jaguar Land Rover’s venture capital arm, has invested USD3 million in US-based self-driving taxi service Voyage. The backing will support Voyage in developing a global service, with the aim that anyone can summon an autonomous vehicle to their door and reach their destination safely. Voyage has already trialled

Arma Partners advises MeinAuto.de on investment by Hg

Arma Partners has acted as exclusive financial advisor to MeinAuto.de on its investment by Hg. MeinAuto is a platform for online sales of new cars in Germany, with over 16 million visitors per year and more than 9,000 automotive dealerships connected. MeinAuto’s users are able to select from more than 600

Electric car rental company raises GBP1.29m

Whitecar, a UK-based electric vehicle car rental company, has secured funding of GBP1.29 million and is now focusing on European expansion to add to its existing outlets at Heathrow, Gatwick, Manchester and Edinburgh airports. Having launched in 2016, Whitecar has the largest fleet of white Tesla vehicles available to hire

Delio raise additional GBP1m

UK FinTech Delio, a specialist in white-label digital private market solutions, has raised a further GBP1 million in a further fund-raising round led by the Development Bank of Wales. Together with participation from new and existing private investors the investment supports Delio’s ongoing expansion in Europe, Asia, and the Middle

Searchlight Capital invests in EOLO Partners

Funds managed by Searchlight Capital Partners have made a significant investment in EOLO SpA (EOLO) in partnership with the Company’s founder, President and CEO, Luca Spada. Spada will remain the CEO and a significant shareholder of the Company, which he has led since 1999. Under his leadership, EOLO has a

Sodexo acquires majority stake in FoodChéri

Sodexo has taken a majority stake in French food-tech start-up FoodChéri. The move is in line with Sodexo’s strategy to continually adapt its offers to meet emerging consumer trends and reinvent the customer experience. Sodexo’s investment enables FoodChéri to consolidate its strategic positioning as a “virtual restaurant” with a focus

Veteran investors and operating executives launch Hunter Street Partners

Hunter Street Partners (Hunter Street) has officially launched as a new Minneapolis-based alternative investment management firm that will provide capital solutions to operating partner teams and lower middle market companies across corporate finance, real estate, and specialty finance. Neal Johnson, who previously served as Managing Partner and Co-CIO at Isles

Wellspring Capital Management closes Fund VI at USD1.415bn

Wellspring Capital Management (Wellspring) has closed Wellspring Capital Partners VI with capital commitments totalling the hard cap of USD1.415 billion.  The 2011 Wellspring Capital Partners V LP was fully invested at USD1.2 billion and has generated positive returns for its investors to-date.   Fund VI brings the firm’s assets under

Clearlake Capital acquires Perforce Software

Clearlake Capital Group has acquired Perforce Software (Perforce), a developer of a scalable and secure version control and collaboration platform, from growth equity investor Summit Partners. The Company will continue to be led by Janet Dryer, CEO, and Mark Ties, COO, who will both join the Board of Directors alongside

Octopus achieves record fundraise for Octopus Titan VCT

Octopus Investments is to utilise the GBP80 million over allotment facility in its current fundraise for the UK’s largest VCT, Octopus Titan VCT, after investor demand took the total fundraising amount to record-breaking levels. Octopus Titan VCT rapidly reached its initial target of GBP120 million within just four months and

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