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Investments

DigitalEd secures growth investment from PSG

DigitalEd has secured a growth investment from PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.  DigitalEd provides a SaaS-based digital learning platform called Möbius, focusing on science, technology, engineering and mathematics (STEM) education. PSG is DigitalEd’s sole outside investor. Financial terms were not disclosed.  

3i invests in MAIT

3i Group has agreed to invest cEUR60 million in MAIT GmbH (MAIT), a provider of innovative and pioneering digital solutions in the DACH region. MAIT Group, headquartered in Rottweil, Germany, provides innovative and pioneering digital solutions in product lifecycle management (PLM), enterprise resource planning (ERP) and IT services generating approximately

Genstar Capital reinvests in Association Member Benefits Advisors

Private equity firm Genstar Capital has reinvested, out of its most recent fund, in Association Member Benefits Advisors (AMBA), a national affinity-based membership and marketing insurance agency, in partnership with AMBA’s management team.  Under Genstar’s ownership AMBA has transformed into an essential partner to its association clients, offering membership development,

Bolt raises EUR600m from investors including Sequoia

Bolt, the first European super-app, has closed a EUR600 million funding round, increasing the company’s valuation to more than EUR4 billion. Bolt will use the funds to boost its new 15-minute grocery delivery service, Bolt Market, and to accelerate the expansion of its existing mobility and delivery products. The funds

Andera Partners’ portfolio company T-knife raises USD110m in Series B funding

T-Knife Therapeutics, a portfolio company of European investment management firm Andrea Partners, has completed a USD110 million Series B financing.  The financing was led by Fidelity Management & Research Company, with participation from other new investors including LSP, Qatar Investment Authority (QIA), Casdin Capital, Sixty Degree Capital, and CaaS Capital,

EmergeVest invests in neobank Lucy

EmergeVest, a Hong Kong-based growth-oriented private equity investment group, has invested in Lucy, a neobank focused on women entrepreneurs, through seed funding. In addition, Dr Jessica Bruser of EmergeVest has joined Lucy’s board of directors.  Lucy will use the proceeds of this funding round to invest in its tech platform,

Snoop attracts GBP15m Series A funding

Open banking platform Snoop has secured GBP15 million in Series A funding from leading American investment management firm Paulson & Co Inc (Paulson), giving the business a post-money valuation of GBP47 million.  The money management app helps people spend, save and live smarter through personalised money-saving insights, and aims to save

Legend Capital invests in Series A funding round of BioMap

Legend Capital has participated a biological computing platform enterprise BioMap’s USD100 million Series A funding round. The funds will be used to for R&D and talent recruitment. BioMap is positioned as an innovative medicine R&D platform driven by biological computing engine. It was co-founded by Robin Li in November 2020

Surrey-based logistics specialist secures GBP2.5m investment

Surrey-based fulfilment and national delivery business Diamond Logistics has secured a GBP2.5 million investment from BOOST&Co. The funding will be used to continue developing the firm’s ‘one-stop’ logistics platform Despatchlab, accelerate the growth of its network and build on the demand created by the UK lockdowns.   Established in 1992

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