Climeworks has raised CHF600 million (USD650 million) in a funding round co-led by Partners Group (acting on behalf of its clients) and GIC, with further participation from (in alphabetical order) Baillie Gifford, Carbon Removal Partners, Global Founders Capital, John Doerr, M&G, Swiss Re, as well as other new and existing shareholders including long-term investor and anchor shareholder BigPoint Holding AG. JP Morgan Securities LLC served as sole placement agent for Climeworks in connection with the transaction.   Since its foundation in 2009, Climeworks has pioneered direct air capture technology and is the most advanced industry player, with the world’s largest

Equinix has completed its deal to acquire West African data center and connectivity solutions provider MainOne (www.MainOne.net) for an enterprise value of USD320 million, marking the beginning of its expansion into the African continent. The completion of this acquisition augments Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company by being able to bring a full range of transformative technologies and connectivity to Nigeria, Ghana and Cote d’Ivoire. This acquisition will extend Platform Equinix into West Africa, giving organisations based inside and outside of Africa access to global and regional markets.

Tristan Capital Partners’ latest opportunistic fund European Property Investors Special Opportunities 6 (EPISO 6) has acquired a majority shareholding in Raag Hotels Limited which owns Point A Hotels. The transaction will provide a full exit for the Wellcome Trust, whilst the other current shareholders, Queensway, a company associated with the Jivraj family, and a company owned by Naguib Kheraj remaining as minority partners. The Point A portfolio comprises 1,520 rooms in 10 hotels, with 80 per cent of its value in London. The independent budget boutique brand provides EPISO 6 with an immediate footprint across the best markets in the

Again has secured GBP2.55 million in a pre-seed investment, led by Eka Ventures, to develop a smart system for cleaning packaging for refill & reuse. The investment will aid the build of the next generation of Again’s CleanCells and launch three to five CleanCells across the UK later this year. Again’s compact, shipping container sized CleanCell will use 76 per cent less water & 90 per cent and less energy than traditional recycling methods and can efficiently process & clean thousands of packaging units each month, ready to be refilled and reused. 

Shareholders of Aareal Bank have signed commitments to support an increased bid for the bank by Atlantic BidCo, a non-controlled company indirectly held by funds which are respectively managed and advised by Advent International Corporation (Advent) and Centerbridge Partners (Centerbridge), as well as other co-investors. Through irrevocable tender commitments amounting to approximately 37 per cent of Aareal Bank’s shares, Petrus Advisers, Teleios Capital, Vesa Equity Investment and Talomon Capital have agreed to accept a tender offer of EUR33.00 per share in cash or to sell shares to the bidder outside the tender offer. These main shareholders of Aareal Bank have

Savana, a global medical company developing innovative Artificial Intelligence (AI) technologies to unlock the clinical value embedded in clinical data (like Electronic Medical Records and clinical trials), has closed a USD25 million funding round led by Conexo Ventures, along with Knuru Capital and Aldea Ventures. Existing investors Seaya Ventures and Cathay Innovation also reinvested in the round. Savana is a Madrid-based health tech startup using AI to provide medical knowledge based on “Real World Evidence” to enhance research and build predictive models to enhance patients’ lives.

Electronic signature developer Videosign has secured new investment of GBP1.15 million from Moonstone Group as it continues to develop its online security platform. The company, with bases in Liverpool and Glasgow, has developed an electronic signature platform that uses artificial intelligence-powered facial recognition and video technology to verify the identity of document signatories. The Moonstone Group, provides a portfolio of compliance, education and fintech solutions to the financial services market in South Africa.

CrediBook, a bookkeeping app based in Indonesia, has raised USD8.1 million in a Series A funding round led by Monkʼs Hill Ventures with participation from existing investors such as Insignia Ventures Partners and Wavemaker Partners. CrediBook is focused on digitalising small and medium enterprises (SMEs), primarily wholesalers, to manage and track their expenses, payables, and receivables and streamline the ordering process. This round of funding will be used to accelerate CrediBookʼs nationwide expansion, product development, talent acquisition, supporting increasing product categories from wholesalers, and onboarding new wholesale partners.

Maven Capital Partners (Maven) has exited its investment in energy services specialist RMEC Group Limited (RMEC) through a trade sale to Aberdeen-based Centurion Group, generating a 2.26x blended return for investors in the process. RMEC is a provider of managed solutions for the oil & gas intervention and decommissioning sectors. The business specialises in the manufacture, maintenance, repair, testing, recertification and rental of well services equipment for many of the industry’s largest service companies. Maven originally led the management buy-in of RMEC in 2014 with the transaction funded by the Maven VCTs and through Maven’s co-investment network for professional clients,

Fortis Solutions Group, a provider of high impact printed packaging solutions and a portfolio company of funds managed by Harvest Partners, has acquired Label Tech Inc based in Somersworth, New Hampshire. Label Tech is an award-winning, ISO-certified flexographic and digital manufacturer of pressure sensitive (including coupon, game piece and UL labels) and non-pressure sensitive labels and flexible packaging for the consumer product, food and beverage and health and beauty end markets.