Latest News
ConsenSys has closed a USD450 million financing round, bringing its valuation to over USD7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021.
New investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures also participated, along with Series C investors Third Point, Marshall Wace, TRUE Capital Management, and UTA VC, United Talent Agency’s venture fund.
Sullivan & Cromwell LLP acted as ConsenSys’ legal advisor in this transaction.
ConsenSys has been a pioneer in creating the foundational software for the next wave of the internet, Web3. All Proceeds
capital D, a private equity fund manager investing in disruptive mid-market businesses across Europe, has acquired a majority stake in Phrasee, an AI-powered SaaS platform that revolutionises customer communication through brand language optimisation.
Investment Funds managed by Morgan Stanley Expansion Capital, together with a group formed by Keyhaven Capital Partners and family offices co-invested alongside capital D.
The capital D consortium have acquired a 64 per cent stake in Phrasee with the founders and management holding the remainder.
Founded in 2015, London-based Phrasee is disrupting the traditional role of the human copywriter/marketer using data science and a powerful
A fund managed by Blockchain Coinvestors, a blockchain venture fund of funds and coinvestment programme with a combined portfolio of more than 300 blockchain enterprises and projects, including 30+ blockchain unicorns, has been ranked as the number one 2019 vintage fund-of-funds in the less than USD99m AUM category based on Q3 2021 data, by Preqin.
Preqin is a privately-held London-based investment data company that provides financial data and information on the alternative assets market, as well as tools to support investment in alternatives. More than 170,000 investment professionals rely upon Preqin to understand performance and stay informed.
The Board of Big Society Capital has appointed Robin Hindle Fisher as its new Chair.
Hindle Fisher will take over from Sir Harvey McGrath who has chaired the UK social impact investment organisation for the last eight years since taking up the role in January 2014.
Hindle Fisher has long experience in both the investment management industry and the charity sector – bringing together both dimensions of Big Society Capital’s mission of building the social impact investment market in a way that works for both investors, and social enterprises and charities. Robin has served for over twenty years on the
BEX Capital, an investment firm focused exclusively on secondaries in private equity fund-of-funds (FoF), secondaries funds and co-investment funds, has closed BEX Fund IV at USD765 million, in excess of its USD600 million target.
This was the first close of BEX Fund IV, with fundraising completed in only three months. BEX Capital received strong support from existing investors who increased their commitments to BEX Fund IV by 50 per cent. The oversubscribed fund closed in excess of its USD600 million target at USD765 million.
BEX Capital’s fourth fund is the largest pool of capital solely dedicated to FoF secondaries
Global private equity firm Advent International has acquired a minority stake in Medius, a provider of source to pay solutions.
Following the deal, Marlin Equity Partners remains Medius’ majority shareholder.
The terms of the transaction, which sees Douglas Hallstrom, Director at Advent join the Medius board, have not been disclosed.
Every investor class wants to boost their private equity allocation in the hunt for yield. But a crowded fundraising market in 2022 leaves the fastest returning managers with the upper hand, and others wondering how long the party can last.
Net zero is a priority for four fifths (80 per cent) of start-ups, with 72 per cent working to achieve carbon neutrality and 8 per cent already carbon neutral or negative according to research from Innovate UK, the UK’s innovation agency.
Innovate UK found that while start-ups are passionate about their climate impact, they are divided over whether it should be a priority over business growth. Nearly half (45 per cent) of start-ups believe they should balance growth and sustainability, versus four in 10 (42 per cent) believe growth is more important, but start-ups should try to be sustainable in
IsoTruss, an engineering, design, and manufacturing services provider, has raised USD4.5 million in a Series A funding round led by the SG Koenig Trust.
The funds will be used to scale up operations and accelerate production of patented IsoTrust carbon fibre cell towers in support of 5G rollout by telecom infrastructure providers. 5G is forecast to cover approximately 60 per cent of the world’s population in 2026.
The fundraising follows a USD3 million seed investment round led by the Sojitz Corporation of Japan in October 2020.
ConnectionPoint Systems Inc, a platform for collaborative funding, has raised USD1.5 million for the launch of CoCoPay, the first community-centric healthcare payment solution that tackles the issue of quality care affordability.
CoCoPay helps healthcare providers mitigate this by enabling a patient’s community of friends and family to contribute toward the cost of the medical bill. Healthcare providers add CoCoPay as a supported payment option and all funds raised from the community are paid directly to them for full accountability.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
