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Intelligence

York Private Equity acquires Healthcare Linen Services Group

Healthcare Linen Services Group (HLSG), a provider of healthcare laundry services in the Midwest and Central United States, has secured a strategic growth investment from York Capital Management’s private equity group (York Private Equity). Terms of the transaction have not been disclosed. Founded in 1915, HLSG is an outsourced provider

Barclays-backed Anthemis invests in regulated Future Earnings Agreement assets

StepEx, an FCA-regulated fintech that provides the infrastructure for universities, business schools, and technical and professional/vocational course providers to offer qualifications in exchange for a share of students’ future earnings, has agreed a world-first deal for a financial institution to buy the receivable assets. Barclays Anthemis will invest an initial

Climate VC makes first three investments

Climate change investor, Climate VC, has announced its three newest investments, after launching last week. Offgrid.Finance, Treeconomy and Deep.Meta are the latest UK-founded start-ups being supported to achieve Climate VC’s aim of removing a gigatonne of CO2e from global emissions through investments in high-potential, high-impact, climate-focused businesses.

Partech makes partner promotion and principal appointment

Partech has promoted André François-Poncet to partner and appointed Elena Moneta as principal in the Venture team.   Based in Paris, François-Poncet has been a major contributor over his seven years with the firm. He has been instrumental in the investments of Partech Growth including Made.com (IPO in June 2021),

BaltCap invests in Nord Security

BaltCap, together with lead investor Novator Ventures, General Catalyst and Burda Principal Investments, has participated in a USD100 million financing round in Nord Security, a global specialist in internet privacy and security solutions.

Fidel API raises USD65m in Series B round led by Bain Capital Ventures

Fidel API, a global financial infrastructure platform, has raised USD65 million in a Series B funding. Existing investors NYCA Partners, QED Investors and others also participated in the round which brings Fidel API’s total funding to USD88 million since inception. The Series B financing will allow the company to continue

Alex Therapeutics raises EUR3.5m in oversubscribed financing round from VC investors

Stockholm-based Digital Therapeutics (DTx) company Alex Therapeutics today announces it has secured EUR3.5 million in a funding round led by European life science venture fund Hadean Ventures and joined by Scale Capital and Bonit Capital. Alex Therapeutics aspires to become the global go-to partner for pharma, and other life-science companies

AmerisourceBergen launches USD150m VC fund

AmerisourceBergen, a healthcare solutions company, has launched AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally. AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its

illumifin acquires LTCG

illumifin, a third-party insurance administration and technology provider, has completed its acquisition of LTCG to create one of the largest insurance service providers in the North American long-term care, life, health, and annuity markets. LTCG’s proprietary long-term care administration solutions and claims capabilities will be integrated with illumifin’s third-party administration

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