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Intelligence

Animoca and Liberty City Ventures lead USD88m Series B round in Hex Trust

Animoca Brands and Liberty City Ventures have led a USD88 million funding round in Hex Trust, a Hong Kong startup offering custody services for crypto assets, according to a report by Bloomberg. The Series B round, which which also attracted participation from new investors including Ripple, Terra, Morgan Creek and

YC Continuity leads USD120m Series C funding round in Webflow

Webflow, a no-code visual development platform for the professional website and CMS market, has closed a USD120 million Series C funding round at a USD4 billion valuation, bringing the company’s total funding to more than USD330 million. Y Combinator’s Continuity fund led the round, with participation from existing investors CapitalG,

Thoma Bravo invests in Circle Cardiovascular Imaging

Circle Cardiovascular Imaging (Circle CVI), a specialist in cardiovascular imaging solutions, has secured a strategic growth investment from software investment firm Thoma Bravo. Thoma Bravo’s involvement is expected to drive future investment in product innovation, extend Circle CVI’s market leadership position and fuel future growth.  Financial terms of the transaction,

CalPERS ups alternatives allocation by USD7bn

CalPERS, the California Public Employees’ Retirement System, upped it allocation to alternatives by over USD7 billion at then back end of 2021, according to a report by AlternativesWatch. The new funds were allocated to eight opportunistic credit strategies during Q4 2021 with the USD490 billion pension scheme having added private

DisrupTech’s new VC fund secures USD5m investment from IFC

The International Finance Corporation (IFC), a member of the World Bank Group, has invested a sum of USD5 million in the new venture capital fund (VC). DisrupTech, a fintech venture capital firm based in Egypt, has secured a USD5 million investment for its latest venture capital fund from The International

OceanSound Partners portfolio company Netrix acquires Edrans

Netrix, a provider of cybersecurity and end-to-end IT services and a portfolio company of OceanSound Partners, has acquired Edrans, a solutions provider focused on harnessing the power of the cloud for midsize enterprise clients. The acquisition brings substantial scale to Netrix’s cloud solutions portfolio and adds advanced technical capabilities to

Yellow Wood forms sexual wellness platform with PlusOne acquisition

Yellow Wood Partners (Yellow Wood), a Boston-based private equity firm focused on investing in consumer brands and companies, has formed a new sexual wellness platform, Beacon Wellness Brands, with the acquisition of several brands from Clio, led by its anchor brand PlusOne. Beacon Wellness Brands markets and sells sexual wellness

Clearlake and Siris-backed Newfold Digital acquires YITH

Newfold Digital, a web and commerce technology provider backed by Clearlake Capital Group and Siris Capital Group has acquired YITH, one of the largest independent sellers and developers of WooCommerce plugins and themes for WordPress, a free and open-source content management system. Terms of the transaction have not been disclosed.

Sesame HR secures EUR10m in funding round led by PSG

PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies, has led a EUR 10 million funding round in Sesame HR, a Spanish start-up provider of human resources software that streamlines processes related to centralised employee management on a single platform. Sesame will use the funds to

Antwort Capital appoints Managing Partner

Antwort Capital has appointed Vinayak Bhattacharjee as a board member and managing partner. He will jointly run the business together with founder, Manuel San Salvador.

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