PE Tech Report

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Iksuda Therapeutics closes USD47 million financing round

Iksuda Therapeutics (Iksuda), the developer of a new generation of antibody drug conjugates (ADCs) with raised therapeutic index, today announced it has completed a USD47 million (circa GBP34 million) financing round, co-led by Mirae Asset Capital and its subsidiaries, Celltrion and Premier Partners, with the Company being advised by Ashfords

Fintech

General Atlantic’s dLocal IPO & changes in consumer patterns

Uruguayan fintech payments company dLocal, the country’s first unicorn, has raised USD617.65 million in its initial public offering, which started trading on Thursday on the Nasdaq under the symbol ‘DLO’.  Of the shares sold, close to 4.4 million were by dLOcal and 25 million by its existing investors. JP Morgan, Goldman Sachs,

Maven 11 Blockchain Venture Fund II raises EUR40m

Dutch blockchain investment fund Maven 11 Capital has raised EUR40 million which it will invest in start- and scale-ups creating innovative financial services and building Web 3.0. using blockchain technology.  The new fund is a direct response to the explosive demand for investment in, and mentoring of, start-ups in decentralised

HiveHR secures GBP500,000 following strong growth

The North East Development Capital Fund (NEDCF) has led a GBP500,000 funding round for Newcastle-based HiveHR Ltd (Hive), an employee listening tool, operating in the Software-as-a-Service (SaaS) space.  The Fund, which is managed by Maven Capital Partners (Maven), has invested GBP250,000, alongside GBP250,000 from the Future Fund, a government backed

HealthyHealth closes USD10m Series A funding round led by MMC Ventures

HealthyHealth Group, a company focused on transforming the life and health insurance underwriting journey through digital data, has announced the closing of a USD10m series A financing round, led by MMC Ventures.  Joining MMC Ventures are AdirVentures and a number of other family offices, as well as existing investors including

Moonshot secures USD7m to tackle ‘online harms’

Moonshot, a data analytics company which designs new technology and methodologies to identify and mitigate online harms, has raised USD7 million in Series A funding from Beringea, a transatlantic venture capital firm, and UK-based Mercia. Moonshot believes the internet is increasingly used to propagate harm, including in the preparation of

PlanetWatchers raises USD3.5m funding

PlanetWatchers, a crop monitoring company that can provide detailed insurance claims assessment in just one hour, has closed a Pre-A series funding round, raising USD3.5 million to support the Company’s growth plans. PlanetWatchers is a world-leading technology company that uses advanced machine learning to support crop insurers in reporting planting

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