Deals/Venture
TCV leads $150m series-B round for SaaS company Cognite
Shareholders in the company include Aker, Accel and TCV, with Aker owning a majority 50.5% stake
General Atlantic leads €276m round for €2.6bn-valued Back Market
Round sees participation from Generation Investment Management, Aglaé, Eurazeo, Goldman Sachs and Daphni
Advent leads $220m series-D for Shift at $1bn valuation
Avenir, Accel, Bessemer Venture Partners, General Catalyst and Iris Capital also take part in the round
CVC leads growth investment in Acronis
Cybersecurity software developer is valued at $2.5bn, compared with $1bn at its last funding round in 2019
NeoGenomics buys VC-backed Inivata for $390m
Inivata will become a separate business division alongside NeoGenomics' clinical, pharma and informatics units
Greyhound leads $160m series-D for TravelPerk
This injection, which includes both equity and debt, brings the total capital raised by TravelPerk to date to $294m
VCs in $75m round for Kaia Health
Digital physical therapy platform is backed by all existing investors, including Balderton Capital
Novo Seeds, Ysios Capital lead €51m round for Adcendo
RA Capital Management, HealthCap and Gilde Healthcare also take part in the round for the biotech startup
Lumos leads €70m series-C round for OpenClassrooms
Education technology company also attracts Salesforce Ventures, Chan Zuckerberg Initiative and GSV Ventures
Arcline buys PTS from Columbus
Arcline intends to boost PTS's growth through the expansion of its production and its technology portfolio
Softbank leads $225m series-D round for Exscientia
Japanese investor provided additional $300m equity commitment that can be drawn at the company's discretion
CPPIB, Fidelity lead €262m series-D round for Kry
Company was founded six years ago and has so far raised nearly €500m over five rounds
Prosus, Tencent lead $80m round for Bux
ABN Amro, Citius, Optiver and Endeit take part in the round, alongside previous backers HV Capital and Velocity
KKR leads €100m series-C for Ornikar
Existing investors Idinvest, BPI, Elaia, Brighteye and H14 also took part in the fundraising
Jolt, Tesi et. al in €30m round for Virta
With the funding, the Finnish company will seek to expand into Asia, which it said was one of the largest markets for EV charging alongside Europe and North America
Lansdowne et al. in $120m round for TechMet
Company intends to launch a new round of funding later this year, with the goal of raising around $250m
Electric car maker Polestar raises $550m from new investors
Company raised $1.2bn in a series-A round last year and said that further fundraising was being considered
Summit Partners leads $68m round for Lingoda
Existing investors in the Germany-headquartered online language school include Grazia Equity
VCs in $115m round for CeQur
Funding round is the largest ever recorded for a medical equipment company in Switzerland
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
Accel, IVP lead $69m series-B for Veriff
AI company has raised $92.8m to date and will use the proceeds to expand in the US market and enhance its product offering
Lugard Road, Luxor Capital lead €450m round for Glovo
Round also sees participation from previous investors, including Delivery Hero, Drake Enterprises and GP Bullhound
Verlinvest leads $100m series-C for Everli
New investors Luxor, DN, C4 and Convivialité also take part in the round, alongside FII, 360 Capital, Innogest and DIP
General Atlantic leads $145m round for Staffbase
Round for the employee communications software is the fifth-largest in DACH so far in 2020