Technology
Promentum sells Danish AI business Grazper to Yokogawa
Danish venture capital firm exits the business after having invested in it in 2016
Gradient, Partech lead a $3m seed round for Kaizo
Former partner at IBM Ventures Christoph Auer-Welsbach joins Kaizo as a co-founder
One Peak backs DataGuard with $20m investment
GP has taken a significant minority stake in the Germany-based data privacy software provider
Jerusalem Venture leads $25m series-C for Pyramid Analytics
Investment brings the total funding raised by Pyramid Analytics to $66.5m
Gro acquires majority stake in Danish company Queue-It
Deal is the Gro Capital's third investment from its GRO Fund II, a €255m vehicle
Investors participate in $34m series-B for SoftIron
Founded in 2012, SoftIron designs and builds purpose-built data-centre appliances
Accel in $20m series-B for Humio
US-based Accel is currently investing from its London VI vehicle, which closed on $575m
BC, Vista-backed Advanced buys Tikit from BT Group
Advanced plans to consolidate its market position in the UK, while expanding its global footprint
Siparex et al. exit Kiwatch to trade
Management team led by co-founders Williamson and Blanchard will stay on with the business
Consortium backs £100m round for Cazoo
Online car buying marketplace was backed by investors including DMG Ventures and Eight Roads
VC-backed Mercell acquires Aksess Innkjøp in Norway
Viking Venture acquired a minority stake in the business in 2018
Waterland to buy Direkt Gruppe
GP will acquire the IT and business consultancy group subject to competition authority approval
Italy embarks on the "deep tech" revolution
"Deep tech" startups specialise in transformative technologies, such as nanotechnology, industrial biotech, and advanced materials
BayBG backs round for EverReal
Seed round extension follows the first round in November 2019, backed by HTGF and Seed X
Technology buyouts stall in Nordic region
Technology buyouts have hovered around the 30-per-year mark for three years running now, suggesting a plateau has been reached
RTP Global et al. back €18.5m round for Penta
Existing investor HV Holtzbrinck co-led the round for the Germany-based banking platform
Mediterra exits Mobiliz to GPS Bulgaria
Mediterra acquired Mobiliz for a total consideration of €5.05m in November 2012
ECI-backed IT Lab acquires Sol-Tec
Unquote understands ECI Partners provided no fresh equity for the acquisition of Sol-Tec
Horizon-backed Sabio buys DVELP
Sabio plans to strengthen its international aggregation platform in the contact centre market across Europe
Flex Capital buys majority stake in Egoditor
Investment in the QR code business is the first from the GP's software-focused debut fund
Evli leads $17m series-A for Refurbed
Company aims to reach $100m in GMV in 2020 and to expand to additional European markets
LDC invests £11m in James and James Fulfilment
LDC's Chris Baker and Lawrence Dean will join the company board as non-executive directors
NEVI, Tourn sell influencer business service Hubso to trade
Orgo will pay the sellers via newly issued shares in the buyer
United Ventures leads €3m series-A for Fiscozen
United Ventures deploys capital from its €120m UV2 fund, which targets disruptive technology startups
