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British satellite scale-up Satellite Vu, founded in 2016, has successfully raised GBP15 million (USD20.7 million), as it looks to ramp up its plans to launch seven thermal and infrared imaging satellites into space that will be able to provide real-time data on how green every building on the planet is. Satellite Vu’s latest funding round of GBP15 million (USD20.7 million), which was oversubscribed, was led by the Seraphim Space Investment Trust Plc, the world’s first listed Space Tech Fund. Also investing in the round is Draper Esprit; A/O PropTech, Europe’s largest proptech VC; Ridgeline Ventures; Earth Science Foundation; E2MC Ventures
Alorsfaim, a Paris-based e-grocery company specialising in authentic and high-quality Asian food, has raised EUR4 million in seed funding, enabling the fast-growing start-up to continue its rapid expansion across the vast Asian community in France and Europe.  The round was led by iFly.vc with participation from Cathay Innovation and Goodwater Capital. Founded in 2018, Alorsfaim initially started as a meal delivery platform collaborating with over 600 authentic Asian restaurants.  In March 2020, during the most challenging period of the pandemic in France, the company launched its e-grocery delivery service to help sustain the Asian community’s access to products in high
Lafayette Square has selected Allvue Systems to provide its front-to-back-office solution. Lafayette Square is an impact investment platform founded by Damien Dwin that is working locally to create an inclusive American economy.  By investing capital and services locally, Lafayette Square aims to drive impact outcomes specific to the local community.   Allvue’s end-to-end technology is expected to streamline and automate Lafayette Square’s business functions to create operational efficiencies across the organisation and support further scalability. It also will enable the flow of data from portfolio management to investment accounting, saving time and empowering decision-making. The software will seamlessly integrate with
A new study (1) reveals over half (53 per cent) of professional investors believe that over the next two years, institutional investors will look to dramatically increase the level of diversification in their portfolios, and a further 40 per cent think there will be a slightly greater focus on this. Nickel Digital Asset Management (Nickel), a European investment manager dedicated to the digital assets market, commissioned research with institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who collectively have USD275.5 billion in assets under management. As part of their plans to diversify, the majority
Genstar Capital and existing investor GI Partners have recapitalised Daxko, a health, fitness, and wellness industry software and integrated payments provider.  The investment supports Daxko’s accelerated innovation in product development, customer support, sales and marketing, and strategic acquisitions.   Daxko provides mission-critical membership management software and integrated payment solutions to member-based health and wellness organisations. The company serves large health clubs, boutique fitness studios, YMCAs, and JCCs with products to help its customers with daily operations and member management. During GI Partners’ ownership, Daxko has invested in growing the business, offerings, and employee base in service of delivering a quality
Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, has acquired CommonLook by T-Base Communications, a TSCP portfolio company.  CommonLook is a provider of software and services, enabling electronic document accessibility and remediates more than one million pages annually for more than 600 customers. T-Base simplifies the fast, secure delivery of accessible communications in a wide range of print, web, and digital formats for financial, education, healthcare, telecommunications, and government entities.   Through the combination, T-Base Communications and CommonLook will broaden their accessibility portfolio of offerings to accessible print, PDF and website auditing designed to help
Preqin has updated its ESG Solutions, a product that provides private market participants with a 360-degree view of environmental, social, and governance (ESG) risk, impact and opportunity – across LPs and GPs, down to portfolio and private company levels.   ESG has transitioned from a nice-to-have to a must-have, as USD35 trillion of assets under management (AUM) are committed to ESG-aligned investments. Up until now, only limited ESG data has existed in private markets. However, relevant data is crucial for both fund managers and investors to action ESG strategies by integrating it through the investment decision making process, from screening,
VTS, a leasing, marketing, asset management, and tenant experience platform, is to acquire Lane, a workplace experience platform used by several top landlords including Brookfield, Oxford, and Hines.  With the acquisition, VTS has now invested hundreds of millions of dollars in tenant experience, more than all other proptech companies combined. The acquisition will strengthen VTS’ existing market-leading tenant experience solution, VTS Rise, enabling both Rise and Lane customers to benefit seamlessly from the combined technology. In addition, VTS will add new tenant engagement capabilities to VTS Rise including Lane Perks which provides building occupiers with access to a private network
Endpoint, a digital title and settlement services company, has secured an additional USD150 million in funding from its parent company, First American Financial Corporation, a provider of title insurance, settlement services and risk solutions for real estate transactions.  This latest investment, which brings the total capital raised by the company to USD220 million, will allow Endpoint to augment its technology team, further invest in title and settlement automation, and expand its capabilities for proptech companies and real estate professionals focused on delivering a re-imagined home closing process to their customers. “Endpoint’s impressive growth reflects First American’s commitment to leading the
Carbon Capture (CarbonCapture), a climate tech company that makes machines that remove CO2 directly from the atmosphere, has closed a USD35 million Series A funding round and appointed Adrian Corless as CEO.  CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct Air Capture (DAC) systems in locations throughout the U.S., starting with the Tamarack Nickel Project in central Minnesota in partnership with Rio Tinto PLC (LSE: RIO) and Talon Metals Corp. (TSX: TLO). Analyses by the UN Intergovernmental Panel on Climate Change show that humanity must remove billions of

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