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Investments

VCM Global Asset Management Invests USD30m in MillTechFX

VCM Global Asset Management (VCM) has made a USD30 million investment in MillTechFX, the fintech arm of the Millennium Global Group, to accelerate disruption of the world’s USD6 trillion a day Forex market. VCM is buying a significant stake after its private equity arm found itself paying steep FX transaction

EIS secures growth investment of more than USD100m from TPG

EIS, a core and digital platform provider for insurers, has secured a growth investment of more than USD100 million from TPG, a global alternative asset firm.  TPG is investing out of TPG Tech Adjacencies (TTAD), its fund focused on flexible capital solutions for the technology industry. The new funding will

Pi Labs invests in Europe’s largest robotics marketplace platform

Pi Labs, Europe’s most active PropTech investor, has backed WAKU Robotics, Europe’s largest mobile robot marketplace and robot fleet hardware analytics platform. WAKU Robotics is a Berlin-based company that uses AI-powered software to optimise the performance of robots operating in the logistics and manufacturing sector. It has now secured funding

Private equity invests in record 566 CEE companies in 2020

Private equity firms invested in a record 566 companies in Central and Eastern Europe in 2020, as the industry supported dynamic SMEs and start-ups that will fuel the recovery from the impact of Covid-19 and underpin long-term economic and social development across the region. Invest Europe, the association representing Europe’s

WeMaintain raises EUR30m in Series B funding

WeMaintain, a proptech company based in Paris and London, has raised EUR30 million in Series B funding.  The raise follows WeMaintain’s acquisition of fire alarm solutions company Shokly, and allows WeMaintain to accelerate its international expansion and extend its state-of-the-art proprietary technology across the built environment. Supported by Eurazeo since

Marstone closes USD5m Series A funding

Marstone, a digital wealth technology firm, has held the second close of a USD5 million Series A financing round bringing the company’s total funding to over USD20 million.  The first close, led by Apex Fintech Solutions LLC, the “fintech for fintechs” powering innovation and the future of digital wealth management,

Kempen Private Markets Fund invests in UK-based Channel 3 Consulting

The Kempen Private Markets Fund has acquired a direct interest in UK healthcare consultancy Channel 3 Consulting (Channel 3). Channel 3 designs, implements and optimises digital transformation programmes for the health and care sector. Established in 2009, Channel 3 helps its clients harness the power of technology to deliver better

Causeway Technologies targets growth through Five Arrows investment

Causeway, a provider of enterprise and cloud software solutions to the construction and infrastructure maintenance industries, has secured a GBP120 million investment to fund strategic acquisitions and accelerate its organic growth strategy to digitally connect the construction supply chain through further development of its cloud platform. This investment follows a

CVC Capital Partners VIII to invest in Rayner

CVC Capital Partners VIII has agreed to acquire a majority interest in Rayner, the global ophthalmology business from Phoenix Equity Partners, the UK growth-focused private equity firm, for an undisclosed amount.  Rayner is a manufacturer and developer of innovative intraocular lenses (IOLs) and associated pharmaceuticals. The Company’s products deliver sight-restorative

Low Carbon Innovation Fund 2 invests in Ablatus Therapeutics

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has invested in Ablatus Therapeutics for the Low Carbon Innovation Fund 2 (LCIF2). The investment of GBP85,000 is part of an overall round which could reach GBP1.5 million. Ablatus Therapeutics is developing Bimodal Electric Tissue Ablation (BETA), an innovative

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