Octopus Investments, Wellington Partners and angel investors have backed London-based app developer YPlan with a $1.7m seed financing round.
The company's app launched in London for iOS devices in November 2012. The company seeks to expand, with the aim of covering larger regions in the future. Octopus invested on behalf of its Venture Partners...
Fund's predecessor, Capzanine 3, also closed on its €350m hard-cap in 2013
Deal marks the second acquisition for the GP’s third vehcle, Quadrivio Private Equity Fund 3
Deal follows a similar investment in the oil exploration business earlier this year
Adveq invests €10m, while HPE Growth Capital provided the initial €20m in May