Allocations
Global investment bank GCA Altium has acted as exclusive financial adviser to Mobysoft, a provider of predictive analytics software to the UK social housing market, on its minority investment from private equity house Livingbridge.
The deal represents GCA Altium’s 36th global transaction in the technology sector within the last two years (and 15th software transaction since the start of 2017), firmly positioning the business as the world’s largest tech-focused investment bank.
Mobysoft’s core product, RentSense, is a Software as a Service (SaaS) based predictive analytics tool which helps social housing landlords manage arrears collection more efficiently. Using a range
Cathay Innovation has invested in Beijing-based autonomous driving start-up Momenta, as part of a USD57 million Series B financing. GGV Capital also participated in this round.
The financing was was led by Nio Capital with participation from Daimler AG, Shunwei Capital, Sinovation Ventures and Unity Ventures. Momenta is the first-ever investment for Mercedes-Benz parent Daimler AG in a Chinese self-driving company. Cathay Innovation’s LPs also include world renowned tier-one companies that have shown great interest in self-driving technologies.
Founded in early September of 2016, Momenta is building the “brains” for autonomous vehicles. Its deep-learning based software in perception, HD
Castanea Partners has made a minority investment in Tatcha, a luxury skincare brand with a collection of products inspired by timeless Japanese beauty rituals.
Founded by Victoria Tsai in 2009, Tatcha offers a line of serums, moisturizers, mists, exfoliants, and cleansers. The Tatcha name is derived from tachibana, the classical Japanese art of flower arranging that features a single “standing flower”, representing the beauty of simplicity. This philosophy drives the company’s approach in creating pure, naturally-powered formulas. Tatcha’s collection is distributed through the company’s website, Sephora North America, QVC, and other domestic and international wholesale and specialty retail stores.
Illumina Ventures, an independent, early-stage venture capital firm, has raised USD230 million for its first fund. Illumina Ventures was launched in the summer of 2016 with an initial USD100 million investment from Illumina.
The balance of the funds has been raised from a mix of corporate, institutional, sovereign, and individual investors.
Illumina Ventures was founded by Nicholas Naclerio, PhD, who was formerly SVP of corporate and venture development for Illumina, where he was responsible for Illumina’s corporate strategy, business development, acquisitions, spin-offs, and venture investing. The new firm is managed independently from Illumina and is focused exclusively on genomics and precision
M33 Growth, a venture and growth stage investment manager that partners with founders and CEOs and seeks to rapidly scale and build companies, held its first and final closing today for its debut fund, M33 Growth I with USD180 million in limited partner commitments.
The M33 Growth founders are excited to apply their experience and deep networks to fuel the sales and marketing engines of its portfolio companies, and will seek to drive acquisitions and build value through data assets to propel portfolio companies to success in their respective markets.
“M33 Growth was born out of the idea that
Redpoint Capital Group (Redpoint), an alternative investment company focused on providing financing across an array of asset-based strategies, has entered into two additional Credit Agreements with two separate wholly owned subsidiaries of Elevate Credit.
Rise Credit Service of Ohio entered into a Credit Services Agreement with Redpoint Asset Funding Ohio (Redpoint Ohio) whereby Rise Credit Service acts as a credit service organisation on behalf of consumers for certain loans originated, funded and collected by Redpoint Ohio.
Furthermore, Rise Credit Services of Texas, a wholly owned subsidiary of the Company, entered into a Credit Services Agreement with Redpoint Capital Asset
Granite Shore Power, a newly-formed joint venture between Atlas Holdings and Castleton Commodities International (CCI), has submitted the winning bid of USD175 million to acquire select generating assets of Eversource Energy.
These assets total 1,130MW of capacity and include the Newington, Merrimack, Schiller, Lost Nation and White Lake power generation facilities. PSNH is a public-investor owned utility. Its portfolio of generation assets is being divested pursuant to a process governed by a 2016 Order of the New Hampshire Public Utility Commission.
Atlas owns and operates co-generation units at several of our industrial operations as well as Greenidge Generation, a
International law firm Proskauer represented Acorn OakNorth Holdings Limited in its latest investment round in which it secured a GBP154 million investment from affiliates of The Clermont Group, Toscafund and Coltrane Asset Management.
Launched in September 2015, OakNorth is a UK bank providing fast, flexible and accessible debt finance (GBP500,000 to GBP20 million) to UK businesses, helping to create thousands of new jobs and homes in the country. In 25 months, it has grown its loan book to over GBP800 million with clients including LEON, Galliard Homes, Frogmore, Brasserie Blanc, Strawberry Star and The Collective. Its loans have directly helped
InflaRx, a biopharmaceutical company developing new therapeutics in the terminal complement space, has closed a USD55 million Series D financing and investment round.
The round was co-led by Bain Capital Life Sciences LP, Cormorant Asset Management LLC and RA Capital Management LLC, and complemented by certain investment funds managed by a leading US investment management firm. The transaction is comprised of a USD30 million capital increase and a USD25 million secondary share purchase. Proceeds from the capital increase will be used to advance clinical phase IIb development of InflaRx’s lead drug candidate IFX-1, a first-in-class anti-human complement factor C5a monoclonal
Turenne Capital has acquired a 20 per cent interest in Innovacom, a longstanding European venture capital player focused on innovation, with an eye to developing a partnership.
Amid the dynamic of consolidation in the private equity market, Turenne Capital, with EUR730 million in assets under management, aims to become a concentration hub in France and to reach critical mass of EUR1 billion in AuM in the coming months.
Since 1988, Innovacom has specialised in innovation capital and seed capital transactions, offering start-ups support from early to late stages. Innovacom has nearly EUR200 million under management and aims to raise
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
