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Intelligence

Facilio raises USD35m Series B funding from Dragoneer & Brookfield

Facilio, a property operations software platform specialist, has raised USD35 million in a Series B funding round led by Dragoneer Investment Group with participation from Brookfield Growth and existing investors Accel India and Tiger Global Management. Founded in 2017, Facilio offers a unified software platform that leverages an AI-led predictive

AgDevCo secures USD90m of DFI funding to further invest in African agribusinesses

AgDevCo, a specialist investor in early-stage African agribusinesses, has secured a USD90 million package of new funding from the CDC Group, Norfund and DFC which will allow AgDevCo to continue to grow its investment activities in agriculture across Sub-Saharan Africa. This is in addition to the announcement of supplementary funding

Blackstone appoints former Twitch and Pandora COO as Senior Advisor

Blackstone has appointed Sara Clemens, former Chief Operating Officer at Twitch and Pandora, as a Senior Advisor. Clemens has over 25 years of experience helping lead high-growth companies at the intersection of streaming content and consumer technology. She will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG),

Xoxoday raises USD30m from Giift and Apis Partners

Giift, a provider of loyalty management solutions around the globe, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners, has acquired a significant strategic interest in Xoxoday, a fintech disruptor in the rewards, incentives and payout space. The partnership includes both primary and secondary capital

Pelican Capital backs Atech.cloud acquisition plans with GBP10m initial investment

Atech.cloud (Atech), a UK Cloud Service Provider (CSP), has secured an initial GBP10 million investment from Pelican Capital. The funds will be used to enhance Atech’s rapid organic growth and to finance its pipeline of acquisition opportunities, with follow-on funding available if required. A Microsoft Advanced Specialist, and multi-gold, direct

Liberty Strategic Capital leads investment round in BlueVoyant

Liberty Strategic Capital, a private equity firm founded and led by former Secretary of the Treasury Steven T Mnuchin, is to invest a total of USD125 million in cyber defence platform BlueVoyant’s USD250 million Series D financing round. New investors as well as existing investors, including ISTARI (a Temasek company),

Bank of America invests USD5m in the ABC Fund

The Agri-Business Capital Fund (ABC Fund) has received its first investment from a corporate global financial institution, with the Bank of America deploying USD5 million. The ABC Fund is a blended-finance impact fund investing in smallholder farmers and small-to-medium sized rural agribusinesses in developing countries to support sustainable and inclusive

Perwyn appoints new Partner

Perwyn has appointed Gurinder Sunner as a Partner. Sunner joins the firm from BGF, where he has worked since 2011, and led the investment team in the Midlands and Milton Keynes and was also a member of BGF’s Investment Committee. Sunner led over 20 transactions at BGF, with notable investments

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