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Investments

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Aditya Birla Capital and Värde Partners form strategic partnership to invest in stressed and distressed assets in India

Aditya Birla Capital Limited (ABCL) and Värde Partners (Värde), have formed a strategic partnership to pursue investments in stressed and distressed assets in India. Operating through a joint platform, both parties will evaluate investments across sectors, focusing on the acquisition, restructuring and resolution of the substantial supply of non-performing assets

Readly raises EUR10m for next stage of global expansion

Readly, the global digital magazine newsstand, has raised EUR10m in additional funding to drive the next stage of its growth. The latest round of funding comes from new investor Swedish fund Swedbank Robur and London based Zouk Capital.   The company will use the funds to further its international expansion

Morgan Lewis advises Digital Colony on Investment in Stratto

Morgan Lewis has advised Digital Colony, a global investment firm focused on mobile and internet infrastructure, on its investment in Stratto Ltd. Stratto is a leading provider of DAS (distributed antenna systems) and small cell networks in the United Kingdom offering in-building mobile coverage solutions. Digital Colony will become the

BGF backs award-winning Purity Brewing Co

Purity Brewing Co, one of the UK’s largest independent breweries, has received a GBP7.5 million investment from BGF to support its organic growth strategy. Founded in 2005 by Paul Halsey and Jim Minkin to brew “great beers with a conscience”, Purity makes high quality beers from its brewery in Great

Spotinst raises USD35m for AI cloud computing workload management platform

Spotinst has raised USD35 million in a Series-B funding round for its AI based workload management platform, which helps companies to manage and optimise their cloud computing spend across several cloud providers. The funding round was led by Highland, with participation from existing investors Leaders Fund, Intel Capital, and Vertex

LDC invests in FC Business Intelligence

Mid-market private equity investor LDC has backed the management buyout of global events company FC Business Intelligence (FCBI). The value of the transaction has not been disclosed. FCBI delivers conference and exhibition events with a focus on providing thought leadership in a diverse range of sectors that are facing both

Pamlico Capital invests in Airwavz

Pamlico Capital (Pamlico) has made a growth equity investment in Airwavz Solutions (Airwavz), a provider of in-building wireless infrastructure. Terms of the transaction have not been disclosed.   Headquartered in Charlotte, NC, Airwavz owns and operates wireless infrastructure inside commercial office and hospitality buildings in dense metropolitan areas. The Company’s

FinTech financial wellbeing platform Salary Finance raises USD20m for US launch

Salary Finance, a FinTech financial wellbeing platform for employees, has closed a USD20 million Series B investment led by founding investor Blenheim Chalcot and multinational financial services company Legal & General. The investment will be used to launch and scale Salary Finance in the US, as well as to continue

Climeworks raises CHF30.5m to commercialise carbon dioxide removal technology

Climeworks AG, a specialist in capturing CO2 from the air, has raised CHF30.5 million in equity funding, from a group of existing and new private investors as well as Zurich Cantonal Bank. The successful financing round brings the Swiss company another step closer to achieving its vision of capturing one

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