Technology
DBAG backs FLS MBO
DBAG will acquire a 73% majority stake in the firm in a management buyout
IP Group et al. in £14m round for Oxbotica
Autonomous vehicle software business will look to expand across Europe, the US and Asia
VC-backed ForceManager buys Sellf
After the acquisition, mobile CRM developer ForceManager will employ around 150 people
Cherry Ventures backs Hedvig in SEK 30m round
Latest capital investment is intended to help promote the startup's growth as it develops its software
Mobeus fully exits VSI with Lightwork sale to Siemens
Deal ends a 12-year holding period for the GP, with the investment delivering 4.8x money and 29% IRR
Sequoia, CapitalG lead $225m series-C for UiPath
Funding was co-led by existing investor CapitalG with new investor Sequoia Capital joining the round
CapMan-backed Digital Workforce raises €3m
Investors in the round include CapMan Growth Equity Fund and earlier seed investors
Tesi invests in €6.3m round for Nosto
Fellow Helsinki-based VC firm (and existing investor) OpenOcean also takes part in the financing
EMH invests in Brainlab
Fifth investment from the EMH Digital Growth Fund, a €350m vehicle that closed in 2017
Livingbridge acquires minority stake in SecureCloud+
High-security ICT service SecureCloud+ will invest in recruitment and product development
CapMan exits Fluido
Deal marks the first exit for the CapMan Growth Fund, which held a final close in December 2017
VC firms back series-A extension for All3DP
Bayern Kapital leads the round, alongside two business angels from the BayStartUp investor network
EQT merges Broadnet and GlobalConnect
Combined new entity of fibre-based data companies reported total revenues of around тЌ310m
Tera holds €21m first close for Tera Ventures II
First close comes after a year on the fundraising trail since announcing the fund in January
Advance Venture leads $15m series-B for Clippings
C4 Ventures, which backed Clippers in 2017, also took part in the latest funding round
ETF leads €10m round for Cloud&Heat
Inven Capital, the corporate venturing arm of the Czech energy company, is an existing investor
Latour Capital buys Sogetrel in SBO
Former owner Quilvest sells stake in Sogetrel, a communication network installer
VC firms invest $16m in Job Today
Existing investors Mangrove Capital Partners and Accel Ventures also take part
Verdane invests SEK 150m in Inovia
Company plans to accelerate the development and commercialisation of its AI products
Iris Capital backs Scibids in €2.2m series-A
Iris injects €2.2m into Paris-headquartered Scibids to support hiring and expansion abroad
Atomico, Keen Venture lead $13m Beekeeper series-A extension
Round is also supported by a group of strategic investors including Samsung Next and Swiss Post
Sovereign Capital backs MBO of Asset Control
GP will support Asset Control's existing management team led by CEO Mark Hepsworth
Inven Capital et al. back Cosmo Tech in $21m series-B
Investors inject $21m into Cosmo Tech, a Lyon-based decision management software publisher
Capvis holds final close on €1.2bn
Significant increase on Capvis IV, which launched with a €600m target in February 2013