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Intelligence

Gravitee.io raises USD11m in Series A round

Gravitee.io, an open source API management platform that gives businesses and their developers unprecedented control over their entire API ecosystem, has raised USD11m in a Series A round, co-led by AlbionVC and Oxx, to power its expansion in the burgeoning API management market, which is predicted to be worth USD22

Vector Capital makes five promotions a senior new hire

Vector Capital, a private equity firm specialising in transformational investments in established technology businesses, has promoted five individuals across its investment and value creation teams.  Sandy Gill has been promoted to Managing Director, and Stephen Goodman, Amir Ravandoust, Gabriel Shields-Estrada, and Tom Smith have been promoted to Principal.   Additionally,

Genstar Capital appoints Principal

Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, has promoted Matt McCabe to Principal. Ryan Clark, President and Managing Director at Genstar Capital, says: “Matt has made meaningful contributions to our firm and also as a board

Unigestion launches second Emerging Manager Choice Fund

Unigestion will continue to back the next generation of private equity managers with the launch of its second Emerging Manager Choice Fund. The fund will tap into Unigestion’s 25 year track record of investing in private equity and successfully supporting emerging managers. Some 40 per cent of all commitments made

Baird Capital closes second global fund at over USD340m

Baird Capital, the global private equity and venture capital arm of Baird, has held the final close for its second Global Fund (Global Fund II) with over USD340 million in committed capital. The fund makes buyout and growth equity investments of USD15 million to USD40 million in Technology & Services

Mercedes-Benz acquires the electric motor and controller technology company YASA

Mercedes-Benz has acquired YASA, a specialist in next-generation electric drive technology. YASA’s proprietary axial-flux electric motors offer enhanced performance over radial electric motor technologies. YASA’s e-motors deliver the greatest efficiencies and highest power densities in class for the smallest possible size and weight. Following the acquisition, YASA and its 250

Tau finalises EUR10.25m series-A round

Coinciding with the milestone of delivering prototype winding wire to the automotive industry, Tau has concluded its Aeries A financing round with additional funding from Finindus, a Belgium-based investment company financed by ArcelorMittal and the Flemish Region, and a top-up by German specialty chemicals company ALTANA. Tau develops high-performance wire

Pemberton makes senior hire in the US

Pemberton, a European private credit manager transforming traditional credit markets, has added a Managing Director to the firm’s Business Development team, Sanford ‘Sandy’ Ewing who joined on 5 July 2021 and brings more than two decades of experience in the field. Ewing will support Pemberton’s international expansion, which is set

Five Elms closes USD780m Growth Equity Fund V

Five Elms Capital, a global growth private equity firm focused on investing in B2B software, has closed Five Elms V with USD780 million in capital commitments. Five Elms V will target equity investments between USD5 and USD75 million. The new fund received strong support from a diverse global base of

Social media marketing

Expedition Growth Capital backs B2B platform Oktopost

Business-to-business social media marketing platform Oktopost has secured a USD20 million minority investment from London-based growth equity firm Expedition Growth Capital. Oktopost plans to use the fresh capital to advance its product roadmap focused on B2B needs, improve its customer success function, accelerate marketing and sales, and explore strategic acquisitions.

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