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Intelligence

ATL Partners promotes two in investment team

ATL Partners (ATL), a sector-focused private equity firm investing in aerospace, transportation and logistics, has made two promotions in its investment team. Allie Donini and Eli Exum have both been elevated to Vice President from Senior Associate. Donini joined ATL in 2019 from Goldman Sachs where she was an associate

Addionics closes USD27m Series A round led by Deep Insight

Addionics, a chemistry-agnostic battery technology company, has raised USD27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D Electrodes, which improves the cost and performance of batteries with any chemistry – existing or emerging.

IFC, LeapFrog Investments and DEG invest in Vietnam’s HDBank

IFC, LeapFrog Investments, and DEG â€“ Deutsche Investitions- und Entwicklungsgesellschaft – have invested USD165 million in convertible Tier 2 bonds issued by Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a Vietnamese private retail and SME bank. While strengthening the bank’s capital base, the funding will help increase lending

Apis appoints partners to lead European and US investments

Global financial services private equity asset manager Apis Partners has added two new Partners to the Apis Group (Apis), who will broaden the group’s investment coverage. Adam Battersby and Theofilos Kotridis will be based in the Apis’ London office and will focus on investment opportunities in Europe and the United

SwiftSkill raises GBP150,000 pre-seed funding from Jenson Funding Partners

SwiftSkill, a digital platform that allows aspiring esports professionals to assess, track and improve their performance, has raised GBP150,000 in pre-seed funding from Jenson Funding Partners. The funding will allow the business to expand its team and provide its service to additional esports game titles, to help gamers build their

BCB Group raises USD60m in Series A funding round led by Foundation Capital

BCB Group, a European provider of business accounts and trading services for the digital asset economy, has closed a USD60 million Series A funding round co-led by Foundation Capital with participation from BACKED VC, PayU (the fintech and e-payments business of Prosus), Digital Currency Group, Nexo, Wintermute, Menai Financial Group,

Stewart Milne sells Timber Systems business to Donaldson Group

Arrowpoint Advisory has advised Stewart Milne Group on the divestment of Stewart Milne Timber Systems, a UK-based timber frame manufacturer, to the Donaldson Group, a timber and building products specialist, operating throughout the UK. Stewart Milne Group (SMG) was founded in 1975 and is one of the UK’s largest independent

Circularity Capital invests in Lendis

Circularity Capital has continued to build its portfolio of European growth stage businesses enabling the circular economy, by co-leading a EUR30 million Series A growth capital round in Lendis. Lendis has also raised EUR50 million in debt, contributing to a EUR80 million financing round in total.   The German-based business

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