Technology
Stride.VC closes £50m seed fund
Firm simultaneously announces the appointment of former LGT Impact head of finance Arjuna Soysa
Inception invests €7m in Penta
Investment comes just eight months after a €2.2m seed round also led by Inception
Bregal Milestone backs Arkphire
GP invests via its debut private capital fund, which held a final close on тЌ400m in July 2018
Next Investors leads funding round for Hentsū
Next Investors, the growth equity arm of Credit Suisse Asset Management, closed a $261m fund in July
Primary Capital exits Esteem Systems after 14 years
Primary Capital backed the buyout of the IT services company in 2004 via its second fund
BGF invests £5m in Fleetondemand
BGF investment manager Chris Boyes and head of TMT John Eggleston will join the company's board
KKR's SoftwareOne buys Comparex
Combined business will employ more than 5,500 people in 200 locations across 88 countries
Partech et al. inject €5m in Acorus
Other backers in the round include French VC firm Elaia Partners and Kima Ventures
PE-backed BluJay bolts on Era System
Deal allows BluJay to boost its market position as an integrated customs solutions specialist
DTCP injects $10m into Pipedrive's $60m series-C
Follow-on round for the CRM software developer comes four months after an initial $50m series-C
HIG, General Atlantic sell £1.65bn FNZ to Generation, CDPQ
Deal for the fintech company brings to an end a nine-year holding period for HIG
Mercia injects £1.5m into Voxpopme
Deal for video market research software business comes 11 months after the GP's initial investment
Atomico leads $31m series-B for Varjo
Funding will be used to scale Varjo's teams from 80 to 200 over the next 12 months
QED leads $10m series-A for Arachnys
Compliance due diligence software provider will look to bring its products to market
Jadeberg sells MCS to trade
Sale generates a gross IRR of 33% for Jadeberg over its holding period of two-and-a-half years
Volpi's Version 1 bolts on Presidion
Version 1 has completed nine bolt-ons and says it has a strong acquisitions pipeline into 2019
Jolt Capital leads €20m investment in Vectaury
Funding allows Vectaury to roll out its offering across Europe
Stride.VC leads $3.9m seed round for Forward Health
Albion Capital also takes part alongside angel investors including Jay Desai and Melissa Morris
ECI-backed IT Lab acquires Content and Code
IT Lab expands its portfolio of supported software to include Office 365 and M365
EQT Ventures backs Siilo in €4.5m round
Funding will be used to scale up Siilo's user base, with a focus on the UK and Germany
Unigrains' Fondo Agroalimentare Italiano backs Sinfo One
Fondo Agroalimentare buys its stake from the Pomi family, who retain the majority holding
HV Holtzbrinck leads $6m series-A for Lingokids
Previous backers JME Venture Capital, Sabadell Ventures and Big Sur Ventures take part in the round
Earlybird leads $4.4m series-A for online legal marketplace Lexoo
Lexoo said the traditional law firm model incentivises overcharging and short-termism
J Hirsch sells Clouditalia to F2i and Marguerite's Irideos
Sale ends a six-year holding period for J Hirsch, which drew capital from its €270m ILP III fund