Latest News
Bessemer Venture Partners has closed a dedicated USD220 million fund in India to back the country’s next generation of innovators.
The fund will focus primarily on early-stage investments, consistent with Bessemer’s time-honoured approach of starting with seed and Series A investments and sticking with companies throughout their growth lifecycle with later stage investments. Bessemer plans to apply its roadmap-driven investment approach to deploy the new capital over five roadmaps across consumer internet and cloud software, including marketplaces, digital health, social commerce, vertical and global SaaS. These roadmaps take a deep look at industries to identify emerging areas and understand the
LGT Capital Partners, a global specialist in Alternative investing, has hired Wael El Burji as Managing Director and Senior Executive Officer to head and expand its presence in the Middle East.
Vidrio Financial, a provider of managed data services and software for institutional alternative allocators globally, has made significant updates to its services and platform to supports the unique needs of institutional investors who allocate to external alternative asset funds, including hedge fund and private equity managers.
“As we continue to build on our long-term vision to become the de facto solution for institutional allocators, over the last 12 months we have made a series of updates to the Vidrio offering. These enhancements enable our clients to better manage their complex alternative investments and external manager relationships through deeper insights and
Skaylink, a recently formed cloud service provider that operates throughout Europe, has acquired a majority stake in cVation with support from Waterland Private Equity (Waterland).
The Danish company is a leading cloud service provider in the Northern European region. This strategic partnership seeks to further diversify and professionalise the Skaylink cloud service portfolio and to use synergy effects to strengthen the companies’ common market position in Europe.
cVation was formed in Copenhagen in 2014. The company is considered one of Denmark’s leading cloud service providers. cVation’s service portfolio is positioned in an especially diversified way in the area of managed
Turquoise, a UK merchant bank specialising in energy, environment and efficiency, has made an investment from Low Carbon Innovation Fund 2 (LCIF2) in Switchd as part of a capital raising round of over GBP1.2 million. Other investors included Nationwide Building Society, Inspired Energy and Crowdcube also participated.
Switchd offers energy supply switching services, including green tariffs, as well as MakeMyHouseGreen, a data-driven platform that allows homeowners to source and install domestic renewable energy generation, such as solar panels and heat pumps, and energy saving products.
Ian Thomas, managing director at Turquoise, says: “The combination of the ongoing crisis in the
One Equity Partners (OEP), a middle market private equity firm, is to acquire Norit Activated Carbon (Norit), a global manufacturer of activated carbon for purification solutions, from corporate parent Cabot Corporation (CBT).
Norit manufactures a broad portfolio of activated carbon products used for purification needs in growing sectors including renewable natural gas, food and beverage, chemicals, pharmaceuticals, air quality, water, and automotive. The Company operates two plants in North America, five facilities in Europe and participates in three joint ventures in Canada, Asia and Mexico.
“We are proud to make this investment in Norit, whose product offering uses
Bolt has acquired Tipser, a Swedish-based tech company enabling commerce on any digital surface.
Some 84 per cent of shoppers look for insights on at least one social media platform before purchasing, according to Pew Research Center, and 52 per cent of socially-engaged shoppers have initiated a purchase through a social platform, according to Inmar Intelligence. Meanwhile, the creator economy is a booming USD104 billion market, according to CB Insights, and demands better monetisation tools to further accelerate growth. While social commerce is still nascent in the history of ecommerce, its adoption has ramped up over the past year—and solutions
Marathon Asset Management is to acquires Kaléo, a privately held pharmaceutical company based in Richmond, Virginia, by funds managed by Marathon.
The total base purchase price is approximately USD310 million in cash, less certain adjustments, and includes potential net revenue-based milestone payments of up to approximately $70 million in cash for the 2022 and 2023 fiscal years, in a transaction that will provide liquidity for Kaléo shareholders upon closing. This new ownership structure will accelerate Kaléo’s growth serving patients at risk for anaphylaxis and other serious and life-threatening conditions.
“The sales trajectory of Kaléo has been impressive, and
Hercules Capital, a specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, together with external funds managed by its adviser subsidiary, has originated more than a record USD2.0 billion year-to-date in annual total gross debt and equity commitments, breaking its previous one-year record of USD1.47 billion.
“Having just achieved record quarterly commitments in Q3 2021, our industry-leading venture and growth stage lending platform continues at its unprecedented pace and has now passed the USD2 billion mark in annual gross debt and equity commitments
London-based Cofndrs, a customer-powered technology platform that enables companies and their customers to co-found and co-fund socially and environmentally-conscious initiatives, has completed a GBP550,000 seed investment round.
Cofndrs is on a mission to bring people and businesses together to accelerate solutions to social and environmental challenges. According to Harvard Business School professor Clayton Christensen, over 30,000 new products are introduced every year, with 95 percent doomed to fail. The Cofndrs platform enables brands and their customers to harness their collective power to collaborate on financing, new product development, marketing and sales.
People can support brands they love and become co-founders
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
