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Intelligence

Element AI raises USD102m in Series A funding round led by DCVC

Artificial intelligence company Element AI has raised USD102 million in a Series A funding round led by Data Collective (DCVA) with participation from Fidelity Investments Canada, Hanwha Investment, Intel Capital, Microsoft Ventures, National Bank of Canada, Development Bank of Canada (BDC), NVIDIA, Real Ventures, and several of the world’s largest

Cytox raises GBP2.6m in funding round led ed by Catapult Ventures

Cytox, a specialist in genetic testing for Alzheimer’s Disease, has raised GBP2.6m to fund the commercial launch and international roll out of its novel service. The funding round was led by the GM&C Life Sciences Fund, managed by Catapult Ventures, alongside existing and new investors, including Perivoli Innovations, The Rainbow

Hamilton Lane Credit-Focused Fund closes with USD435m in commitments

Hamilton Lane has held the final closing of Hamilton Lane Strategic Opportunities Fund 2017 with approximately USD435 million in commitments from a wide range of global investors, far exceeding the initial target of USD250 million. Structured as an annual series with a single-year investment period, the Fund is focused on

Albion Capital invests GBP4.675m in G.Network

G.Network, the next-generation communications service provider exclusively focused on Central London, has received investment totalling GBP4.675 million from Albion Capital. Based in Mayfair, London, G.Network provides affordable ultra-fast broadband connectivity to businesses across Central London, bridging the gap between constrained copper-based broadband and expensive leased lines which have long lead

Howard Kennedy strengthens Corporate team with Dentons partner hire

Law firm Howard Kennedy has strengthened its Corporate team with the appointment of new partner Jonathan Polin. Polin joined the firm on 12 June from Dentons, where he was a partner in its London office focusing on large, complex and international M&A deals. He trained at Berwin Leighton and was

Sunnova raises nearly USD1bn

Sunnova Energy Corporation, a residential solar service provider in the US, has raised aggregate capital of nearly USD1 billion in the past three months after closing a USD140 million round of debt funding with CIT Group and other investors this past week, with CohnReznick Capital advising Sunnova on both the

Modern Energy Management adds Hawa wind farm to Pakistan portfolio

Modern Energy Management (MEM), a specialist in delivering project lifecycle certainty to renewable energy developers, financiers and investors has announced is to provide project management services during construction of the 50MW Hawa wind farm in the Sindh Valley, Pakistan. With a wind energy development pipeline of over 1GW scheduled for

Livingstone adds to London team

Livingstone has added Krishan Raval, Joe Austin and Dustin Stevens, to the team in its London office. Raval joins Livingstone’s Debt Advisory team. Raval trained and qualified as a Chartered Accountant with EY working in the Capital & Debt Advisory team for almost three years. While there he gained experience

Stella Advisors and EOC Partners combine to form Stella EOC

Stella Advisors and EOC Partners are merging their businesses to create one of the largest media and technology investment banking boutiques in Europe. Stella EOC will bring deeper, even more powerful coverage right across the high growth tech and media sectors, and will bring highly relevant M&A advisory services to

Audax Private Equity acquires Altasciences Clinical Research

Audax Private Equity has partnered with management to acquire Altasciences Company, an early phase contract research organisation (CRO) in North America. Audax acquired Altasciences from Kilmer Capital Partners, a private equity firm based in Toronto, Canada. Terms of the transaction have not been disclosed.   Altasciences, headquartered in Laval, Quebec,

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