Deals
G2VP leads $80m series-C for Scandit
New funding will be used to accelerate growth in new markets such as Asia-Pacific and Latin America
Smava raises €57m in debt and equity financing
Company said it raised the additional capital to prepare for the effects of the pandemic
IP Group-backed Oxford Nanopore raises £48.4m
Nanopore announced last week that it has a new category of Covid-19 test in advanced development
Ace Management et al. invest €50m in Mecachrome
Company has benefited from a state-guaranteed loan from its banks with a financing of €60m
Bridgepoint buys insurance group CEP from JC Flowers
GP invests via Bridgepoint Europe VI, which closed on its €5.7bn hard-cap in December 2017
Novo leads $60m series-C for Exscientia
Evotec, Bristol Myers Squibb and GT Healthcare Capital also participate in the round
Aquiline leads $20m series-D round for Treasury Intelligence
Company has so far raised more than $40m and will use new funding to scale its operations
ICG-backed Adelie falls into administration
Trade buyers Greencore, Bakkavor and Samworths have all been listed as potential buyers
Triton-backed Polygon acquires Hiotlabs
Polygon, a Swedish property damage control company backed by Triton Partners, has acquired Hiotlabs, a Stockholm-based provider of sensors that detect and prevent water damage in buildings.
P101 leads €3.5m funding round for AppQuality
Programma 102 and Ita500, a venture capital fund launched by Azimut Libera Impresa, deploy €3m
Genui to sell Cherry to Argand Partners
Germany-based GP will retain a 25% stake in the company, according to a competition authority filing
Consortium in €3.5m seed round for Spaceti
Spaceti received its first investment of €1m from Reflex Capital, Fast Forward and Y&R in 2017
Nordic Capital to acquire financial adviser Max Matthiessen
Insurance broker sells the business six years after acquiring it from Altor
Committed Capital buys ID-ware
Deal is the first from the GP's third fund, which held a final close in January 2020 on €55m
Crowdcube invests £7.1m in Freetrade
CEO Adam Dodds says the company was looking to raise $20-50m in a series-B in 2020
Cathay Innovation leads €28m series-B for Medwing
Existing investors Northzone, Atlantic Labs, Cherry Ventures and Adevinta also take part in the round
CVC acquires 28% stake in Guinness Pro14
CVC Capital Partners Fund VII, which closed on €15.5bn in June 2017, will make the investment
DBAG-backed Ding Group bolts on Reinhard Rohrbau
Transaction is subject to competition authority approval and will mark Ding's third bolt-on in 2020
Sherpa Capital backs CityBike
GP deploys capital from its third fund, which held a €150m final close in 2018 exceeding its target
Waterland invests in IMC
Viv Adshead, former president and CEO of Ashfield Communications, agrees to join the IMC board
P101, Vertis, 360 Capital in €25m round for Milkman
Company intends to use the fresh capital to further expand in Italy and enlarge its client base
Callista Private Equity carves out ArcelorMittal Ringmill
GP focuses on special situations and generally invests in companies with negative EBIT margins
Six Fintech Ventures leads €4.3m round for PXL Vision
Also participating in the round were High-Tech Gründerfonds, ZKB, Arab Bank and two business angels
Inkef leads €12m series-A funding round for Happeo
Finnish company has raised €20m since being founded in 2018