Benelux
Wellington Hadley Harbor III closes on $1.8bn
In addition to the capital raised, the fund also has access to up to $400m from co-investors
Forbion V closes on €460m hard-cap
Investors in Forbion V include a mix of existing and new LPs including Pantheon and Argentum
Scale Venture Partners Fund VII closes on $600m
Fund targets software startups, with a special focus on cloud infrastructure, cybersecurity and AI
Permira leads €150m round for Catawiki
Accel also backs the round for the Netherlands-based online auction platform
Gimv sells Climate for Life to Parcom
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Ace Management leads €20m series-C for EclecticIQ
Company plans to use the fresh capital to scale up its teams and further expand internationally
TriSpan Opportunities Fund II holds first close
Fund focuses on investment opportunities in the lower-mid-market across North America and Europe
ProFounders leads €4.1m series-A for Nodalview
Company intends to use the fresh capital to scale up its team, while boosting its growth and expansion
VCs in €3.5m round for Cumul.io
Stijn Christiaens, co-founder and CTO at Collibra, will continue to act as an independent board member
SR One set to deploy $500m fund following GSK spin-out
CEO Simeon George tells Unquote that the firm is seeing early-stage and later-stage opportunities
Andreessen Horowitz raises $4.5bn across two funds
VC raises $1.3bn for its seventh early-stage fund and $3.2bn for its second growth fund
HIG Europe Capital Partners III closes on €1.1bn
Fund invests in buyouts, recapitalisations and corporate carve-outs of European businesses
GSK spinout SR One closes $500m debut fund
Biotechnology-focused vehicle will invest in Europe and the US, with GSK as cornerstone investor
Astanor Ventures I closes on $325m
One family office from Asia has invested in the fund, but the majority are based in Europe and the US
Multiples Heatmap: average entry multiple hits 10.5x as dealflow recovers
The UK and Ireland was the hottest region for multiples in Q3, also seeing the largest increase in valuations of any region
Novalis Biotech aims for January second close for new €25m fund
Belgian VC Novalis held a first close on €8m for its second fund on 8 November
Covid-19, oversubscribed funds fuel interest in early secondaries
Early secondaries are tipped to become more plentiful in the coming months, but market observers urge caution to mitigate potential pitfalls
Newion leads €2m for Objective Platform
Newion III's objective is to invest in companies in the business technology and software sectors
Speedinvest holds first close for Speedinvest x Fund 2
VC also announced the appointment of Tier Mobilty co-founder Julian Blessin as partner
IK buys majority stake in GeoDynamics from Sofindev
Sofindev had reportedly been looking to sell its 50.1% in the company and had mandated EY for the process
Värde Dislocation Fund closes on $1.6bn
Fund has a global mandate to pursue a mispriced, stressed and distressed credit
Private equity ramps up divestment efforts
Exit activity jumped by 50% in October, back to pre-pandemic levels, according to Unquote Data
Buyout rankings: who has invested most across Europe since April?
EQT, Ardian and KKR remained very active and struck sizeable deals amid the coronavirus turmoil
Mutares carves out two units from Gea Group
Deal includes the companies' sites located in France and the Netherlands, with a total of 230 employees