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Funds

Bluu Biosciences closes seed funding round at EUR7m

Berlin-based biotech Bluu Biosciences has closed its seed funding round at 7 million euros less than 10 months after its foundation. Bluu Biosciences is the first company in Europe to specialise in the development and production of cell-based fish. There is currently only a handful of other companies active in

Babble strengthens cyber capabilities with acquisition of 81G Blue

Unified Comms, Contact Centre and Cyber Solutions provider, Babble, has acquired 81G Blue. The deal is the third completed in three months and the seventh since the start of 2020.  The deal continues Babble’s rapid buy and build strategy, which has been complemented by robust organic growth over the last

Nordic Capital sells MFEX to Euroclear

Nordic Capital has signed an agreement to sell MFEX, a global independent fund distributor, to Euroclear. During Nordic Capital’s ownership, MFEX has successfully repositioned itself from a Nordic player to a pan-European leader with an emerging global presence.  The new owner Euroclear is a provider of financial market infrastructure services

Tech startup Zobi raises USD1.5m

Zobi, the developer of domestic cybercrime solution Hedgehog, has secured USD1.5 million of funding to bring Hedgehog to life and create Zobi Home Intelligence, the brains designed to help users manage and keep their online identity safe through digital guardians. The investment was led by Worth Capital with Loyal VC

Hornetsecurity acquires Zerospam

Hornetsecurity Group, a cloud email security provider, has made its second acquisition this year – email protection specialist Zerospam, which comes hot on the heels of its acquisition of worldwide backup solution provider Altaro in January. Zerospam is a fast-growing business that serves more than 4,000 small, midsized and enterprise

Solana Foundation partners with OKEx and MXC

The Solana Foundation has partnered with cryptocurrency exchanges, OKEx and MXC, to launch two strategic investment funds that will bring USD40 million of new capital to accelerate the growth and development of key projects in the Solana ecosystem.  Solana’s layer 1 proof of stake network has grown at an exponential

Linktree raises USD45m

Linking platform Linktree has raised USD45 million in a Series B funding round co-led by Index Ventures, an investor in Patreon and Discord, and Coatue, an investor in TikTok, with participation from returning investors AirTree Ventures and Insight Partners.  Coatue Chairman Dan Rose will join Linktree’s Board of Directors, bringing

Horizon Capital’s EEGF III exits Dobrobut

Horizon Capital’s USD200 million fund, Emerging Europe Growth Fund III, has sold its minority stake in Dobrobut to existing shareholders – Oleg Kalashnikov, Dobrobut’s Managing Shareholder and CEO, and Concorde Capital.  Financial details of the transaction have not been disclosed.   Horizon Capital invested in Dobrobut in April 2019. Fuelled

Council Capital partners with ViaQuest

Council Capital, a healthcare-focused private equity firm based in Nashville, has invested in ViaQuest Holdings, Ltd and Affiliates (ViaQuest). ViaQuest is a leading provider of residential, day and employment services for individuals with development disabilities (IDD), (ii) hospice care and (iii) behavioural and mental health services. The company delivers care

Resolute Capital Partners selects JTC to administer international feeder funds

JTC, a specialist global fund administrator, has been appointed by Resolute Capital Partners (Resolute Capital), a San Francisco-based private equity firm, to administer its two new international feeder funds.  Resolute Capital actively invests in and manages investments in energy, real estate, and technology and structures its offerings with proven and

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