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Investments

Cohere Capital completes strategic growth investment in Promevo

Cohere Capital, a Boston-based private equity firm focused on investing in tech-enabled middle market companies, has made a strategic growth investment in Kentucky-based Promevo, a provider of IT services, solutions, and software focused on Google Workspace, Chrome, and Cloud Platform (GCP) technologies.  As a Premier Google Partner, Promevo offers its

Arborea raises EUR3.6m in seed round led by BGF

Arborea – which is industrialising photosynthesis to expand the world’s food supply – has completed a funding round led by BGF, alongside Rubio Impact Venturesand Volta Circle. Arborea is a technology business that has developed a breakthrough cultivation platform for photosynthetic microorganisms for use as food ingredients and proteins. It

Luminate Capital Partners makes strategic investment in Compliance & Risks

Compliance & Risks, (C&R) a provider of market access and product compliance SaaS solutions, has secured a significant investment from Luminate Capital Partners, an enterprise software focused private equity firm.  Luminate will partner with CEO Joe Skulski and the C&R team to drive rapid expansion across its technology, services, client

Tide raises USD100m in Series C funding led by Apax Digital Fund

Tide, the UK’s leading business financial platform, has received just over USD100 million in Series C funding, bringing the company’s total raised to date to USD200 million. Tide is now valued at over USD650 million post-money, after only four years of operation.  The round was led by funds advised by

FSN Capital VI partners with existing owners to support further growth of MEGABAD

FSN Capital VI (FSNC) is to invest in MEGABAD, an e-commerce retailer of sanitary products and accessories in the DACH region, during its next growth phase. The founding family and investor VR Equitypartner will retain significant ownership in the company.  Originally founded as the Gottfried Stiller, a specialist retailer for

Warburg Pincus and Tilia Holdings invest in Food Safety Net Services

Warburg Pincus has invested in Food Safety Net Services (FSNS), a provider of laboratory testing services for customers in the food & beverage end-markets.  The company serves a broad range of product categories within the broader food & beverage sector (eg, meat, dairy, produce, dietary supplements, pet food, nutraceuticals, restaurant,

Novo Holdings launches Muna Therapeutics with USD73m in Series A ending

Novo Holdings, a global life science investor, has co-led the Series A financing of its portfolio company, Muna Therapeutics (Muna), which is pioneering the development of first-in-class small molecule therapeutics for neurodegenerative diseases.  The financing also includes Sofinnova Partners, Droia Ventures and LSP Dementia Fund with participation from Polaris Partners,

Nordstjernan invests in insurtech company Insurello

Nordstjernan has invested in the rapidly expanding insurtech company Insurello and will become a partner to the founders and existing shareholders. Insurello is a Swedish insurtech company formed in 2016 and headquartered in Stockholm. The company helps private individuals to receive their fair compensation following an accident. Through a scalable

Audax Private Equity invests in Solve Industrial Motion Group

Audax Private Equity (Audax) has acquired a controlling interest in Solve Industrial Motion Group (Solve), a provider of high-quality power transmission components and industrial-grade bearings, from Incline Equity Partners.  Terms of the transaction have not been disclosed. Based in Charlotte, North Carolina, Solve is a leading manufacturer and value-added service

Novo Holdings invests in US healthcare IT company Availity

Novo Holdings, an international investor in healthcare and life sciences, has made a strategic minority investment in Availity, one of the largest healthcare data and administrative networks connecting payers and providers throughout the United States. Availity is a leader in payer-provider collaboration. Through its digital provider engagement, clearinghouse, and revenue

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