Intel Capital, Intel Corporation’s global investment organisation, has announced new investments totalling more than USD60 million in 15 technology startups, bringing its year-to-date investing to more than USD566 million. “The world is undergoing a data explosion,” says Wendell Brooks, Intel senior vice president and president of Intel Capital. “By 2020,

PNC Bank has closed a USD150 million revolving line of credit for CDI Corp, a portfolio company of AE Industrial Partners. PNC Bank served as administrative agent. CDI Corp will use the funds, in part, to repay existing debt, partially finance the acquisition by AE Industrial Partners, LLC, and provide

DataSine has raised EUR1 million in funding from investors including C Entrepreneurs, Sistema_VC and Force Over Mass at the close of the company’s seed round. DataSine’s proprietary technology analyses transactional and biographical data to determine a customer’s personality, needs, behaviours, and life situation. This enables companies to offer products and

Ventilation systems specialist Monodraught has received a GBP2.65 million investment from BGF to support its long-term growth plans. The High Wycombe headquartered company will use the funding for product development and expansion into new markets. Led by managing director Andrew McCubbin, Monodraught designs, manufactures, installs and maintains ventilation, cooling and

Harvey Performance Company (Harvey), a leading provider of specialised cutting tools for precision machining applications, has secured a majority investment from global growth equity investor Summit Partners. CEO Pete Jenkins and the Harvey management team remain significant shareholders in the company. The funding will be used to fuel ongoing product

Private equity firm SFW Capital Partners (SFW) has made a strategic investment in DZone, Inc in partnership with DZone’s co-founders, Rick Ross and Matt Schmidt, who currently serve as the CEO and President/CTO, respectively. SFW’s principals have supported the growth and development of some of the most successful and well-regarded

Private equity firm LeapFrog has sold its 20 per cent minority stake in Mahindra Insurance Brokers Ltd (MIBL), to XL Catlin, a subsidiary of XL Group. MIBL is a subsidiary of Mahindra & Mahindra Financial Services Ltd.   Since inception in 2004, MIBL has serviced over eight million insurance cases,

Global investment bank GCA Altium has acted as exclusive financial adviser to Mobysoft, a provider of predictive analytics software to the UK social housing market, on its minority investment from private equity house Livingbridge. The deal represents GCA Altium’s 36th global transaction in the technology sector within the last two

Cathay Innovation has invested in Beijing-based autonomous driving start-up Momenta, as part of a USD57 million Series B financing. GGV Capital also participated in this round. The financing was was led by Nio Capital with participation from Daimler AG, Shunwei Capital, Sinovation Ventures and Unity Ventures. Momenta is the first-ever

Castanea Partners has made a minority investment in Tatcha, a luxury skincare brand with a collection of products inspired by timeless Japanese beauty rituals. Founded by Victoria Tsai in 2009, Tatcha offers a line of serums, moisturizers, mists, exfoliants, and cleansers. The Tatcha name is derived from tachibana, the classical