Gide has advised Launchmetrics, the company resulting from the merger between Augure and Fashion GPS in 2016, on a USD50-million funding round led by Bpifrance’s Large Venture fund, with participation from Seventure, the Courtin-Clarins family, and German fund Cipio Partners. Gide’s team was headed by partner David-James Sebag, working with associates Pauline Schaeffer and Hélène Thomelin on all aspects of the operation both in France and the United States.   Gide also worked with the New York office of firm Latham & Watkins on US aspects, with a team comprising partner David Concannon and associate Eric Broad.   The new

Sovereign Capital Partners, a UK private equity buy & build specialist, has backed the management buy-out of Asset Control, a provider of financial data management software to banks and other financial institutions. The business is headquartered in London and has offices in the US, Singapore and the Netherlands.   The investment comes as several trends have combined: regulatory and business demands for superior information provision, a greater reliance and need for specialist technology provision and an environment where clients are increasing their need for data to unlock more business value. Asset Control, with a blue-chip client base, is well-positioned to

Verdane has invested SEK150 million in Inovia, one of Sweden’s leading providers of big data and AI solutions. Inovia has developed a strong set of AI tools and frameworks, including an AI based virtual assistants (AIVA) and the Voice to Text application for Swedish. With Verdane’s investment, Inovia plans to accelerate the development and commercialisation of AI products and solutions and position the company for expansion to other Nordic countries.   “We have experienced an increasing interest in our services, solutions and products as more and more companies realise the opportunities with AI. Whether it’s automating customer service, improving health

Arma Partners has acted as exclusive financial advisor to Evaneos SA in securing a USD80 million growth financing for the company. The transaction – which represents one of the largest private fundraisings in France in recent years – will see Partech Partners, Level Equity Management and Quadrille Capital join Evaneos’s existing investor base of BpiFrance, Serena Capital and XAnge.   Evaneos is the world’s leading internet marketplace for complex, tailor-made, long-haul vacations. Evaneos’s platform connects global travellers with carefully-selected local agents to enable customised, authentic, in-destination travel experiences. To date, the company has served over 300,000 travellers. Evaneos plans to utilise

Silicon Line, a specialist in developing and providing innovative ultra-low-power optical link technology for consumer electronics as well as commercial and industrial markets, has raised EUR8.2 million (USD9.5 million) in a Series B financing round led by Capital-E. Additional investors in the Series B round include LRM, Munich Venture Partners and Unixtar. The financing will be used to ramp-up production of the company’s optical modules – tiny circuit boards inside cable connectors; upgrades to the company’s module factory located in Hasselt, Belgium; the hiring of additional design engineers; and opening of local customer support offices in Asia.   Capital-E, LRM and

Augmentum Fintech, a European fintech venture capital firm, has made an investment of GBP2.5 million in UK-based residential rent-to-own specialist Unmortgage, as part of a GBP10 million fundraising. Augmentum is participating in this fund raising alongside existing investor Exponential Ventures, and other investors.   Unmortgage will offer a unique part-own part-rent model of home ownership, requiring as little as 5 per cent deposit with customers paying a market rent on the portion of the home that Unmortgage owns, with the ability to increase the equity in the property as their financial circumstances allow.   The new funds are being raised

SVPER, a social, instant video-only app for forming new real-life relationships in real time, has secured strategic investments from LBank, a Superior and Specialized Digital Exchange, and DAEX Blockchain Group (DAEX), a distributed digital asset clearing ecosystem built using a blockchain-based multi-asset clearing and settlement protocol. SVPER remains in advanced negotiations with many other private sale investors and has received pledges/term sheets for the Company’s token sale.   SVPER is developing a new digital identity standard that is call “Digital DNA”. The SVPER community will validate each other’s identities by leaving reviews based on the accuracy of personal information to