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Intelligence

KeyZell start-up plans targets EUR5m in private financing round

KeyZell, a Spanish biotechnology company in the development phase of digital cancer treatments and tools, has opened a private financing round with a target of raising EUR5 million to boost its project. The funding will be used to finance a human clinical trial with one of its innovative cancer treatments,

Microsoft for Startups and Ansarada form new global partnership

Microsoft for Startups and Ansarada (ASX:AND) have formed a new global partnership to make it easier and faster for startups to raise capital and grow. Ansarada is the first third party technology vendor to forge a global partnership of this kind with the Microsoft for Startups programme and will be

Elbow Beach Capital launches Global Impact Venture Vehicle

Elbow Beach Capital, an impact investment company, has launched a venture vehicle with an initial GBP20 million of committed capital, focused on decarbonisation, sustainable energy, and social impact opportunities. Elbow Beach Capital invests in early-stage businesses whose technologies have the potential to solve the planet’s biggest challenges, while simultaneously achieving

Asana Partners closes third value-add fund at USD1.5bn

Asana Partners has held the final close of Asana Partners Fund III, with aggregate equity commitments of USD1.5 billion. A diverse group of institutional investors from North America, Europe, and Asia Pacific made commitments to the Fund, Asana Partners’ fifth and the third in its flagship series of value-add funds

Alumni Ventures named world’s third most active VC firm by PitchBook

Capital market analyst and intelligence company PitchBook has named Alumni Ventures as the third most active venture capital firm globally. The new rankings place Alumni Ventures behind only Gaingels and Tiger Global Management, testifying to the sizeable portfolio of over 900 companies that the firm has invested in since its

Clearlake Capital-backed Cornerstone to acquire EdCast

Cornerstone OnDemand, a leader in adaptive cloud-based HR software solutions and a portfolio company of Clearlake Capital, is to acquire EdCast, a learning experience platform (LXP) software provider. Terms of the transaction, which is expected to close in Q2 2022, have not been disclosed. This acquisition is the first planned

PE-backed Plum targets USD25m in Series C funding round

Personal care brand Plum is looking to raise USD25 million in a Series C funding round with several private equity funds and growth stage investors said to be interest in backing the business, according to a report by VC Circle. A91 Partners is one of the funds said to be

New SBAI forum to address diversity in the alternatives space

The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, announced it has created a forum of alternative investment industry organisations committed to addressing diversity in the alternatives industry. The forum is chaired by the SBAI and its members include 100 Women

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