Latest News
Billion-dollar start-ups are spreading across Europe at a rapid rate. US VC firms have taken notice. But do hubs in London and Paris really have an advantage over Silicon Valley?
Once considered a frontier market by VCs in Silicon Valley, Europe has developed a network which currently leads the industry by several measures.
Of the total number of unicorns created there – start-ups valued at $1 billion or above – more than half were created last year alone.
Though they still only represent a slice of last year’s global total (14%, according to Crunchbase), the high number of births seems
Dry powder now exceeds $500 billion but VC funds are more likely to be cautious and counter-cyclical in the current market…
Global start-up funding is slowing but still exceeds pre-pandemic levels, both by deal number and total deal value. Q2 saw the largest quarterly drop in investment in nearly a decade (by 23%), according to data from CB Insights. The $108.5 billion total marked a six-quarter low but was still the sixth largest quarter for investment on record.
The scale of the venture boom during 2021 has overshadowed the dot com bubble at the end of the 1990s. After almost a
Historically high levels of venture capital are still being raised by fund managers, but the number of them doing so is starting to fall…
Despite the valuation bubble bursting in parts of the venture capital market, the amount of capital raised by funds during the first half of 2022 has continued to boom, driven by record numbers of follow-on funds in the US and funds closing at more than $1 billion.
In July, Bay Area-based Lightspeed Ventures said it raised more than $7 billion across three new US funds, and one focused on India. A few days later, London-based Index
An affiliate of private equity funds managed by Warburg Pincus, has entered into definitive agreements to acquire a majority stake in Vistaar Finance, an NBFC lending to MSMEs in India.
Exiting shareholders include WestBridge Capital (WestBridge), Elevar Equity (Elevar), Omidyar Network India (Omidyar) and Saama Capital (Saama). The transaction is subject to regulatory and certain other approvals.
Kotak Investment Banking is the exclusive financial advisor to this Transaction.
Vistaar Finance was founded by Brahmanand Hegde & Ramakrishna Nishtala, veterans in the financial services domain, with the mission to serve small businesses.
DXC Technology, a US information-technology services provider with a market cap of $6.16 billion, has confirmed it has been approached by a financial sponsor regarding a potential acquisition of the Company. Some reports suggest the suitor could be pan-Asian buyout firm Baring Private Equity.
A statement from DXC’s Management says it remains focused on the company’s transformation journey. Consistent with its fiduciary responsibility to maximise shareholder value, the Company is engaged in preliminary discussions and is sharing information.
The statement says: “To date no formal proposal has been received and there are no assurances that any proposal will be received
Spanish electric vehicle charging company Zunder has raised €100 million from French sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, in a bid to accelerate its roll-out of ultra-fast EV charging stations across Southern Europe.
Mirova has secured a minority investment in the business with White Summit Capital and Co-Investors remaining as majority shareholders.
Zunder, founded in 2017 by e-mobility entrepreneur Daniel Pérez, has established itself as a leading independent EV charging infrastructure operator in the Iberian Peninsula after receiving early backing from energy and infrastructure investment firm White Summit Capital and Co-Investors. The latest investment round
Stanley Capital Partners (SCP) has exited its portfolio company Noden Pharma DAC (Noden Pharma) to a European business in the specialist pharmaceutical sector.
SCP exits the business having achieved a COC of 6.7x and an IRR of 151%. The sale of Noden Pharma marks the first exit since SCP was formed.
Headquartered in Dublin, Noden Pharma is a global speciality pharmaceutical company focused on the manufacturing of prescription medicines across a variety of cardiovascular treatments for patients who are intolerant to mainstream treatments.
CVC Credit has committed debt facilities to support Cinven’s acquisition of Euro Techno Com (ETC Group), a specialised distributor for the telecom and technology infrastructure industry.
Founded in 1993, ETC Group is a global leader and partner in the design, procurement and distribution of materials, tooling and equipment used by telecom operators and their subcontractors to install, build and maintain wireline and wireless infrastructure and other digital infrastructure. Headquartered in France, the Group has c1,100 employees and c14,000 customers based primarily across Europe and the US.
ETC Group is led by an experienced management team, with a strong record of
Hy24, a joint-venture between FiveT Hydrogen, the clean hydrogen-enabling investment partner, and private investment house Ardianm has closed its first impact fund – the Clean H2 Infra Fund – with €2 billion of allocations, exceeding its initial target.
Hy24 says the fund is the world’s first and largest infrastructure fund to invest exclusively in the entire clean hydrogen value chain.
The fund’s founding anchor investors are Air Liquide, VINCI Concessions, TotalEnergies, Plug Power, Chart Industries and Baker Hughes. It has also attracted more than 50 prominent investors from 13 countries in the Americas, Europe and Asia, including major industrial companies,
Paul, Weiss, Rifkind, Wharton & Garrison has appointed Bosco Yiu as a partner in the firm’s Corporate Department in Hong Kong. Yiu’s practice focuses on private equity investments, M&A transactions, Hong Kong IPOs and general regulatory and compliance advice.
Yiu joins several other Paul, Weiss partners in Asia, including Managing Partner of the China Practice, Judie Ng Shortell, who relocated back to Hong Kong from Beijing in June, and Corporate partner Greg Liu, who is Beijing-based and active in both Hong Kong and China.
Yiu represents private equity firms, investment banks and public and private companies in connection with mergers
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
