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.

Antara Capital is to make a USD300 million investment in electric vehicle (EV) charging network ChargePoint through the purchase of convertible senior notes. Under the terms of the investment, Antara Capital LP will purchase a total aggregate principal amount of USD300 million in 3.50 pre cent/5.00 per cent Convertible Senior Notes due 2027 (the Notes). The transaction is expected to close on 12 April, 2022. The Notes will be convertible at an initial conversion price to be determined prior to closing. The initial conversion price will represent a 30.0 per cent premium to ChargePoint’s volume-weighted average price over a pre-determined

ARC Clean Energy Canada (ARC Canada), a small modular reactor (aSMR) technology provider, has raised CAD30 million in a Series A funding round private sector investment and the Province of New Brunswick. This financing will progress the deployment of Canada’s first commercial grid-scale aSMR at the Point Lepreau Nuclear Generating Station (PLNGS) site, owned by the provincial utility, New Brunswick Power (NB Power). It also sets the stage for further milestone achievements which will unlock additional funding from the province.

Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has closed its equity recapitalisation of portfolios company Cologix, the largest private interconnection and hyperscale edge platform in North America. At USD3 billion in equity value, the transaction represents the largest single asset continuation vehicle raised in digital infrastructure to date. Cologix also completed a USD1.65 billion asset-backed securitisation earlier this year to support continued growth. The recapitalization was effectuated as a sale of Cologix by Stonepeak Infrastructure Fund II LP and co-investors (Fund II) to Stonepeak-managed vehicles comprising a combination of existing Fund II investors who have chosen

Labster, a platform for virtual labs and interactive science, has raised USD47 million in a funding round led by Sofia Group and Pirate Impact. Existing investors Owl Ventures, Andreessen Horowitz, EduCapital, NPF Technologies, and GGV Capital, also participated in the round. They are joining the Series C round announced in 2021 led by Andreessen Horowitz. Additional investors included Balderton Capital, Northzone, Swisscom Ventures, and David Helgason, founder of Unity Technologies. This new capital infusion will enable Labster to further develop in Europe and the United States and to establish itself within Asia and Latin America.  Total investment in Labster now

Modulize, a collaborative software solution for offsite construction that optimises design, planning, and procurement, has raised a EUR1.9 million seed round led by KOMPAS. Pi Labs, Investinor, real estate developer Møller Eiendom, and Antler also participated in the round.  The funding will allow Modulize to develop its product and grow its existing organisation as it expands into different European markets.

Low Carbon Innovation Fund 2 (LCIF2) has invested in Adaptavate Limited as part of a capital raising round of over GBP1.3 million. Other investors include Counteract, One Planet Capital and Perivoli Innovations. The company has also secured a grant of over GBP800,000 from Innovate UK under its Transforming Foundation Industries programme. Adaptavate is developing Breathaboard, a low carbon, bio-based plasterboard whose sustainability credentials are superior to standard gypsum-based wallboards. The company also supplies Breathaplasta, a lime-based plaster that regulates moisture and improves insulation to deliver a healthier and more energy efficient environment.

Lightyear Capital (Lightyear), a New York-based private equity firm focused on financial services, has appointed Maria Veltre as a Senior Advisor to Lightyear Fund V and its parallel investment vehicles (Lightyear Fund V). Veltre brings more than three decades of experience working in marketing, customer experience, digital platform development, pricing strategy, and product development, as well as regulatory compliance. Veltre was appointed to the Board of Allworth Financial, a Lightyear Fund V portfolio company, in September 2021. Previously, she was the US Head of Digital and Innovation at Santander, a role she took on from 2018 to 2020.