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BrainBox AI Raises USD24m in first close of Series A funding round

BrainBox AI, a leader in autonomous building technology, today announced a USD24 million raise to further deploy its AI technology in the built environment and develop its next phase of innovation. The first close of its Series A round includes new lead investor, ABB, and investments by Esplanade Ventures and

Moralis secures USD13.4m seed funding from EQT Ventures

Blockchain development platform Moralis has raised USD13.4 million in a seed funding round, led by EQT Ventures.  The funding will be used for hiring and continued product development, enabling developers to build enterprise-scale blockchain applications rapidly, cutting cost and complexity. By providing a complete, end-to-end blockchain application development platform, Moralis

3i sells Magnitude Software

3i Group (3i) has agreed the sale of its investment in Magnitude Software, a provider of data management software solutions, with offices in the US, the Netherlands, UK, Canada and India, to insightsoftware, Inc.  Proceeds to 3i are estimated to be cGBP344 million/USD477 million, which represents a c100 per cent

Round2 Capital invests in EvoluteIQ

Round2 Capital has added another Nordic scale-up to its portfolio with its latest investment in EvoluteIQ.  EvoluteIQ is a technology company that accelerates enterprise transformation by leveraging its proprietary low code, no code hyperautomation enablement platform – e.IQ. The platform makes it possible to bring together fragmented technology landscapes and

Main Capital-backed Assessio acquires Dutch technology company Eelloo

The Assessio Group (Assessio), a Swedish human resource (HR) and technology company backed by software investor Main Capital Partners (Main), has acquired Eelloo, a technology company specialising in platform solutions for recruitment and employee development. In an increasingly mobile and hybrid labour market, where the Covid-19 pandemic has also caused

IK Partners to invest in Pr0ph3cy Group

Consulting company Silicom and e-learning SaaS platform Seela have announced their merger to create Pr0ph3cy Group (Pr0ph3cy), a provider of IT and cybersecurity services in France.  Pr0ph3cy will serve large private groups and government agencies to provide solutions for their critical security needs and will offer an e-learning platform aimed

Kumu raises Series C Led by General Atlantic

Filipino social entertainment platform Kumu has raised a Series C led by General Atlantic, a global growth equity firm with more than 40 years of experience scaling disruptive businesses internationally. Existing investors Openspace and SIG also participated.  This transaction marks the largest equity financing to date for a Filipino startup

Prophix acquires Sigma Conso

Prophix, a specialist in Corporate Performance Management (CPM) software, has acquired Brussels, Belgium-based Sigma Conso, a CPM software and services provider specialising in financial close management and financial planning and analysis. Prophix has acquired Sigma Conso from Fortino Capital, a European B2B software investor. The acquisition will see Sigma Conso’s

HelpSystems acquires Digital Guardian

HelpSystems has acquired Digital Guardian, a SaaS provider of data loss prevention (DLP) solutions for large and mid-sized organisations.  Digital Guardian’s solutions give customers visibility and protection of their data across many operating systems and applications. The company also provides a popular managed service that operates as an extension of

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