Solutions
Crypto insurance company Evertas has raised nearly USD5.8 million in seed funding.
The funding round was led by Morgan Creek Digital, CMT, HashKey, Wave Partners, RenGen, 4RC, Centrality, Plug ‘n Play, Vy Capital, and a number of individual investors including James Slazas (CEO of VaultLink), Tyler Ward (Founder of BarnBridge), Quinn Abrahams (Partner of D64), Shy Datika (Founder & President of INX), and Sandra Ro (CEO of Global Blockchain Business Council and former Head of Digitisation at CME Group).
Evertas, which has developed a comprehensive underwriting framework for crypto (including blockchain/DLT systems) and the only full lifecycle insurance product for
UK-based fund manager Downing has committed a seven-figure investment to consumer technology company Tactus Group (Tactus).
Founded in 1986, Downing is an FCA authorised and regulated investment manager with over 30 years’ experience. It currently has over GBP1.4 billion of funds under management.
The investment from Downing was made alongside a GBP10 million injection of private capital from multi-family investment office Arete Capital Partners, which enabled Tactus to complete its acquisition of CCL, a Yorkshire-based e-commerce PC gaming specialist. It will also support future fundraising for the wider group as it targets more acquisitions across the UK and globally.
Accelex, a data acquisition, analytics, and reporting solution for private markets investors and asset servicers, has closed a USD5 million seed round of venture financing co-led by Illuminate Financial and AlbionVC, with participation from Expon Capital and SixThirty Ventures.
This financing will accelerate the company’s global growth ambitions through further product development, client acquisition and support. Illuminate Financial and AlbionVC will join Accelex’ Board of Directors as part of this transaction.
Since the launch of the Accelex platform 12 months ago the company has achieved significant growth – now supporting a sophisticated global client base of investors and asset servicers.
GAPAVE, the association which owns Apave Group (Apave), a specialist in the field of technical, environmental, human and digital risk management, is in exclusive negotiations with PAI Partners, a European private equity firm, whereby PAI would become a shareholder of Apave alongside GAPAVE.
Following the transaction, GAPAVE would remain the Group’s largest shareholder.
For 150 years, Apave has evolved to meet major technological changes and advancements head-on, developing expertise in guaranteeing the safety of people, of goods, of production assets and of the environment. In a growing TIC (testing, inspection, certification) market that must integrate the challenges of digital,
Knox Capital, a private equity firm with significant assets in the legal and financial technology space, has made an investment in, and relaunched, bundle, a provider of legal real estate documents formerly known as ANADeeds.
Knox Capital completed its equity investment in bundle in late 2020, and since closing has helped lead a technology expansion and a rebranding of the organisation with a more modern, growth-focused identity. The more elastic identity and expanded service offerings better position the company to seize on significant growth opportunities in the coming 24-months as millions of homeowners buy, refinance, and exit Covid-related forbearances and
Printful, an industry-leading print-on-demand drop shipping and fulfilment company has secured a USD130 million non-control investment from private equity firm Bregal Sagemount.
The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above USD1 billion. The new partnership will support the launch of additional products and services and the expansion into new channels and geographies.
Printful gives merchants, artists, and other creators the opportunity to run successful ecommerce businesses without investing resources in production and logistics. The company takes care of everything related to printing, product storage, and
Beacons, a business platform for social media creators, has secured USD6 million in a seed funding round led by Andreessen Horowitz with participation from Li Jin’s Atelier Ventures, The Chainsmokers’ Mantis Fund, Night Ventures, Brazilian esports organisation LOUD and Crush Music.
The new capital will fuel the company’s rapid growth by accelerating product development and hiring.
Beacons already supports more than a quarter of a million creative brands, with over 3,000 new accounts established daily. Creators and organisations using Beacons for link-in-bio include: Sia, Russell Brand, Green Day, Katie Thurston (the next Bachelorette), and Barstool Sports.
While social platforms have
EY’s 2021 Global Private Equity Divestment Study, which was released last week, found that the pandemic has accelerated changes in attitudes to factors that are now affecting the valuation of businesses – in particular digitalisation and ESG metrics.
The report looked at how private equity is refining exit strategies for stronger valuations in a survey of more than 100 private equity executives globally. It revealed that 72 per cent of private equity executives say they expect to capture an ESG premium in businesses they are considering exiting, while 51 per cent of private equity firms regard AI as a critical value
Despite a challenging fundraising environment, the new Limited Partnership Fund Ordinance regulation (LPF) has the potential to make Hong Kong the preferred domicile for investment funds in Asia, especially once travel restrictions are lifted. As investors seek to broaden their portfolios, Asian funds can be a valuable source of diversification.
“We are very excited about the limited partnership fund structure. It gives the market additional flavour and we now have more options to offer our clients and prospects,” says Michael Pang, Executive Director, Head of North Asia Alternative Investments, Circle Partners, “The reaction and feedback from the community has been very
Hong Kong recently introduced regulatory reforms, policies and incentives to drive growth and increase Hong Kong’s attractiveness as a fund domicile. The newly adopted Limited Partnership Fund Ordinance (LPF) bill allows Hong Kong’s private equity firms to launch limited partnership funds. Already, there are signs that firms are taking advantage of the market to innovate.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
