Technology
Vitruvian leads $100m round for Deposit Solutions
Investment is made at a $500m valuation with participation from VC firm Kinnevik
De Hoge Dennen sells Mybrand to Conclusion
Sale ends a three-year holding period for the investor, which acquired a majority stake in 2015
Marondo holds first close on €72m
Fund was registered in Munich as Marondo Small-Cap Growth Fund I Gmbh & Co KG in February 2018
GMT, VSS sell IT-Ernity to trade
GMT made the original investment from its third fund, a €250m 2007-vintage buyout vehicle
Round Hill in £3.3m seed round for SenSat
Funding will be used to develop SenSat's technology, including its 3D computer vision workflows
Mosaic leads $4.6m series-A for Lyvly
Greg Marsh, who co-founded hospitality startup Onefinestay, also took part in the investment
Felix leads $4m funding round for Unmade
Customisable fashion software company has appointed a new CTO and will look to expand internationally
Valar leads $13m series-A for Taxfix
Existing investors Creandum and Redalpine also took part in the round for the German startup
Connection leads £8.1m investment in £20.5m Mode MBO
GP led the deal for the printing company with capital provided by its private investor clients
Active Partners et al. in £4m round for WhoCanFixMyCar.com
Company will use the fresh capital to strengthen its market position and expand its product offering
Keen Venture leads $22m series-C for Teamleader
Firm will use the new capital to sustain international growth and accelerate product development
Dawn leads $20m series-B for Quantexa
Albion Ventures and HSBC also took part in the round, which will fund internaitonal expansion
VC firms sell Mendix to Siemens for €600m
Mendix has raised $38m in equity funding from VC firms since it was founded in 2005
NorthEdge starts deploying SME fund with iPortalis deal
NorthEdge held a first and final close for NorthEdge Capital SME Fund I in early July
Albion leads $1.8m seed round for Hazy
Amadeus Capital Partners, Nationwide Building Society and AI Seed also take part in the investment
Equistone sells Apogee to HP for £380m
Sale of the office printing equipment supplier brings to an end a holding period of just two years
BGF invests £6.4m in Miss Group
Fresh capital will be used to further scale the business and drive international expansion
VC fundraising lifts off in DACH region
Six venture funds based in the DACH region have held final closes in 2018 for a combined €1.3bn
YFM backs DSP in £10m MBO
YFM deploys capital from its YFM Buyout Fund I, which closed in April 2017 on £45m
LocalGlobe and Pentech lead £1.9m round for FloodFlash
Insurtech company will launch its product in October and double its headcount within six months
Main Mezzanine Capital holds first close for maiden fund
Mezzanine division of Main Capital first started investing via a €50m capital pool
Advent rejects offers for Unit4
Netherlands-based software developer Unit4 was acquired by Advent for €1.17bn in 2014
Apax Partners acquires Three Hills-backed Genius Sports
Sports data company will pursue an international acquisitive growth strategy under the GP's tenure
GV et al. in $30m series-B for Scandit
Incoming investor NGP Capital and existing backer Atomico also take part in the funding round