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Investments

InsurTech business KYND secures GBP3.25m investment from BGF

KYND, a provider of cyber risk management solutions for the insurance industry, has secured a GBP3.25 million investment from BGF. KYND will use the investment to accelerate its rapid growth and global expansion plans, as well as continuing to develop transformative cyber risk technology to launch new products.   The

Back Market raises USD510m to reach EUR5.1bn valuation

Back Market, a renewed electronics marketplace, has secured USD510 million in a Series E round led by new investor Sprints Capital. Existing investors Eurazeo, Aglaé Ventures, General Atlantic, and Generation Investment Management also participated in the round with funds set to be used to allow Back Market to build on

Mangata Networks raises USD33m in Series A round led by Playground Global

Mangata Networks (Mangata) has closed a USD33 million Series A round led by US-based venture capital firm Playground Global. Mangata is developing a network of HEO (highly elliptical orbit) & MEO (medium earth orbit) satellite constellations, combined with the power of a terrestrial system of MangataEdgeâ„¢ micro data centers, extending

LLR Partners invests in Quantum Workplace

Quantum Workplace, a provider of employee engagement and performance software, has secured an investment from private equity firm, LLR Partners. The partnership is expected to help accelerate the Company’s growth through continued investment in its industry-leading software platform and sales and marketing engine, as well as in the exploration of

eternalHealth raises USD10m in Series A funding

eternalHealth, the first new health plan to be approved in Massachusetts since 2013, has raised another USD10 million in Series A funding. This additional financing follows an initial USD10 million in Seed and Pre-Series A investment by successful healthcare and tech entrepreneurs last summer. John Sculley, former Apple CEO, is

Bluon completes Series B with USD37m in financing

Bluon, a specialist in the HVAC-R space, has closed its Series B round with USD27.6 million in equity financing, adding to the USD9 million in already raised in venture debt. The round was led by Bluon’s existing primary capital partner, Ecosystem Integrity Fund (EIF), and included significant participation from MacKinnon,

Audax Private Equity invests in Centerline Communications

Audax Private Equity (Audax) has acquired a controlling interest in Centerline Communications (Centerline), a professional services organisation focused on the design, build, and maintenance of wireless and wireline network infrastructure from Wincove Private Holdings (Wincov) and Stone-Goff Partners (Stone-Goff). Terms of the transaction have not been disclosed. Josh Delman, Founder

Asacha Media Group secures EUR41m financing from Tikehau Capital

Tikehau Capital has signed a USD41 million private bond agreement with Asacha Media Group (AMG). Asacha Media Group is a European content creation, production and distribution business, founded in April 2020 by Gaspard de Chavagnac, Marina Williams and Marc-Antoine d’Halluin, with the support of funds managed by Oaktree Capital Management

VSS Capital Partners makes growth investment in GLOBO Language Solutions

VSS Capital Partners (VSS), a private investment firm investing in the healthcare, business services, and education industries, has made a growth investment in GLOBO Language Solutions (GLOBO), a global provider of technology-enabled, on-demand interpretation services. Financial terms of the private transaction have not been disclosed. The growth investment by VSS –

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