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Silexica, developer of the SLX programming tools, has completed a USD18 million Series B round of financing, led by The EQT Ventures Fund (EQT Ventures), plus existing investors Merus Capital, Paua Ventures, Seed Fonds Aachen and DSA Invest.
The complexity of software design is evolving rapidly, with embedded supercomputers required to deliver trillions of actions every second for systems such as autonomous cars. Due to the shift to the computing everywhere era with increased connectivity and rapid data processing, complex new computing architectures are becoming increasingly difficult to program manually.
Silexica has been developing the SLX programming tools since
SmartAsset has raised USD28 million in Series C funding. The new investment, which comes from Focus Financial Partners (backed by Stone Point Capital and KKR), Javelin Venture Partners, TTV Capital, IA Capital and Citi Ventures, among others, increases the company’s total funding to more than USD51 million.
SmartAsset plans to use the funding to further grow its audience, as well as expand its fast growing SmartAdvisor platform, which matches consumers to financial advisors.
The six-year-old Y Combinator company provides personal finance information and tools to more than 45 million people each month. Powered by proprietary Automated Financial Modelling software,
TPG Capital (TPG), the private equity platform of global alternative asset firm TPG, is to make a strategic minority investment in beauty company Anastasia Beverly Hills.
TPG is partnering with Anastasia Beverly Hills to help enhance its operations and growth, with a focus on e-commerce and international expansion. Terms of the transaction were not disclosed.
“It has been incredible to watch Anastasia Beverly Hills evolve,” says Anastasia Soare, Founder and CEO of Anastasia Beverly Hills. “With the help of my daughter, Claudia, what started as a singular brow studio in Beverly Hills has gone on to become one of
BGF has appointed Sophie Birch to its Talent Network team, which helps BGF-backed companies gain unparalleled access to a group of more than 5,000 board-level non-executives, business leaders and sector experts.
Birch’s experience of helping growing companies strengthen their boards, together with her extensive contact book of senior business leaders adds further weight to BGF’s network.
Birch has over 10 years’ experience at Lyceum Capital Partners where she had sole responsibility for developing its talent management function. Prior to this, Sophie was a key member of Lyceum’s investor relations team.
Last year, BGF expanded its Talent Network team,
Noerr has advised Rocket Internet on the successful IPO of home24 SE. The company’s shares are now trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
The shares of the leading European online home & living e-commerce platform were offered in a public offering in Germany and Luxembourg as well as through private placements in certain other jurisdictions. With a final offer price of EUR23.00 per share, market capitalisation – after full exercise of the greenshoe option – amounts to around EUR600 million. The first trading price was EUR28.50.
Gross proceeds from the IPO come to
Geoff Pullen has joined State Street as managing director, alternatives sector, EMEA.
Based in London, he will report into Maria Cantillon, head of sector solutions for EMEA, and his responsibilities will include driving the execution of the team’s regional sales strategy across hedge and private equity fund clients.
With 16 years’ experience, he joins State Street from Standard Chartered where he led the transaction banking & securities services sales to European alternative and traditional asset managers. Prior to this he held senior sales roles at both HSBC Securities Services and BNP Paribas.
He holds a BSc (Hons) in
Quantifeed, Asia’s leading B2B robo-advice provider, has closed USD10 million (AUD13.5 million) in a Series B funding round led by Cathay Financial Holdings, with participation from Legg Mason.
The Series B round will enable Quantifeed to fuel its growth in Australia and Asia-Pacific. The investment will also accelerate research and development in areas such as behavioural analytics and data science to improve customer engagement.
“We welcome the commitment of Cathay Financial Holdings and Legg Mason to our growth and we are confident that they will bring enormous value to our business,” says Alex Ypsilanti, CEO and Co-Founder of Quantifeed.
Tiller, a French specialist in cash registers and connected management, has closed a EUR12 million Series B funding round, with the option of deploying up to a further EUR8 million in the next 18 months to fund external growth.
The funding round was led by Ring Capital and Cambon Partners with participation from existing investor 360 Capital Partners and Omnes Capital.
Spanning 5,000 customers in more than 35 countries, Tiller offers a comprehensive management tool (order taking, cashing, real-time performance monitoring, integrated digital solutions marketplace) for merchants. With a team of nearly 150 people, offices in Paris, Barcelona and
Polaris is to acquire a majority shareholding in ProData Consult, a Danish independent IT consultancy focused on business and IT consultants.
Over 15 years, ProData Consult has generated an average annual growth in excess of 20 per cent, and the Group has activities in Denmark, Norway, Sweden, Poland, Germany and the Netherlands. The investment is the sixth in Polaris’ fund IV.
Following growth of more than 30 per cent in 2017, ProData Consult reached revenue of DKK 910 million based on the company’s core business of providing high-end business and IT consultants to a series of acknowledged clients, in
European venture capital investment reached its highest amount in a decade with EUR6.4 billion in 2017, according to Invest Europe.
Venture capital funds in Europe increased investments into companies of all stages and sizes last year. Seed and early stage investments grew almost 50 per cent year-on-year, reaching EUR649 million and EUR3.5 billion respectively, the association’s 2017 activity data report reveals. Meanwhile, later stage investments into larger companies reached EUR2.3 billion, the highest level since 2008. The information and communications technology (ICT) sector received 45 per cent of the total investment amount, followed by biotech and healthcare (23 per cent)
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