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Intelligence

Silverfort raises $65m in Series C round led by Greenfield Partners

Silverfort, provider a Unified Identity Threat Protection platform, has closed $65m in Series C funding round led by Greenfield Partners, alongside several VC’s and strategic investors, including GM Ventures, Acrew Capital, Vintage Investment Partners and existing investors StageOne Ventures, Singtel Innov8, Citi Ventures, Aspect Ventures and Maor Investments. The new

Numinus to acquire Novamind

Numinus Wellness is to acquire Novamind Inc in an all-share transaction, by way of a court-approved plan of arrangement, for total consideration of approximately CAD26.2 million on a fully diluted in-the-money basis. Following the Transaction, the combined company will operate 13 wellness clinics and will be positioned as a leading

Genstar Capital makes three promotions

Private equity firm Genstar Capital has promoted Sid Ramakrishnan and Scott Niehaus to Director and Dominic Martellaro to Principal. Ramakrishnan originally joined Genstar in 2012 as an Associate and re-joined the firm in 2017 as Vice President. He was named Principal in 2019.  Niehaus joined Genstar in 2017 after receiving

PSG leads $200m investment in Backlight

Growth equity firm PSG has led a $200 million investment round in media technology company Backlight. The investment supports the company’s launch and the acquisition of five five media software businesses: ftrack, iconik, Celtx, Wildmoka, and Zype. Backlight’s mission is to serve media, entertainment, and video-forward customers with cloud-based solutions

Splend signs £75m senior secured credit facility with Pollen Street Capital

Splend, a vehicle subscription business for rideshare and delivery drivers, has secured a new senior secured credit facility with Pollen Street Capital. The new facility will support Splend in accelerating its transition to green mobility and help the growing number of on-demand workers earn an income and be successful.

Cogo joins ING Labs Brussels cohort for 2022

Carbon tracking experts Cogo are collaborating with ING’s innovation accelerator, ING Labs Brussels, as one of the 2022 cohort of start-ups. ING will work with Cogo to validate its unique capability to integrate their carbon tracking technology into digital banking propositions. The first step will be to develop a proof

Ribonexus secures €2m in deep tech financing from Bpifrance

Ribonexus, a biotechnology start-up developing new therapies that can overcome resistance to current targeted therapies in cancer patients, has received €2 million ($2.19m) in funds from the French public investment bank Bpifrance. This financing, which has been granted in connection with the French government’s ‘Deeptech Plan’, will enable Ribonexus to

TMRS allocates $425m to PE investments

The Texas Municipal Retirement System (TMRS) is to allocate $425 million in investment commitments to private equity, according to a report by Private Equity International. Foundry 2022, Dunes Point Capital Fund III, and Tritium III have all been allocated $75 million, while Updata Partners VII and FTV VII have secured

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