Technology
Maven backs ITS with £2.25m venture funding
Maven deploys capital for the internet provider via its venture capital trust funds
Lyceum appoints Chris Rixon as head of digital
Rixon will join the development team and work closely with portfolio companies on digital marketing
Albion invests £4.7m in G Network
Fibre broadband company is aiming to connect 70 streets in central London to attract new SME clients
Point Nine closes €75m venture fund
Vehicle was launched in Q4 2016 and has raised the majority of its commitments from existing investors
Bayern Kapital backs Octimine Technologies
Numerous business angels also invested in the round to provide an amount in the seven-digit range
Ardian sells Clip Industrie to Forterro
Ardian took a 15% stake in the company in 2013 through its Ardian Growth arm
Expon leads €2m round for Nektria
Spanish delivery management software startup will expand its international presence
Accel leads $53m round for Algolia
Accel Partners had already led a $18.3m series-A for the tech startup in 2015
US investors lead $6m round for Jodel
Business angels the Samwer brothers and Soundcloud investor Christophe Maire also participated
EQT acquires DGC One in SEK 2.3bn take-private
Transaction values shares in the telecommunications and internet service provider at SEK 250 apiece
VCs exit Propertybase to Boston Logic
Neuhaus Partners, HTGF, Bayern Kapital and BayBG all report a successful exit from the investment
Redalpine to close venture fund by end of Q2
Fund is still open for investments and has a hard-cap of CHF 100m with minimum commitments of CHF 1m
Creandum, Idinvest, Alven in €7m round for Clustree
Alven Capital provided a €2.5m round of early-stage funding for Clustree in 2015
Speedinvest in €2.5m round for Fincompare
Business angels and family offices from the banking and finance sectors also invest in the round
Grazia Equity leads $4.9m seed round for Yeay
VC firm Mountain Partners also invested in the round along with well known business angels
Delivery Hero announces intention to float
Company will target gross proceeds of around €450m from the sale of newly issued shares after costs
PE-backed Camping and Co merges with Campsy
Newfund Capital first backed Camping and Co in 2010 via a €500,000 seed round, and was later joined by Otium Capital
Auctus backed-Fernao Networks buys VonRoll Itec
Management will acquire a significant stake in the company, which is now part of Fernao Networks
K Fund leads €1.4m round for Beonprice
Deal is the sixth transaction for the first-time-fund GP, which launched in July 2016
Summit Partners backs Market Logic in €45m round
Investment firm Genui and Berlin-based Sycamore, a previous backer, also take part in the round
HTGF holds first close for third fund on €245m
Fund has a target of €300m and will begin making early-stage investments in Q4 2017
Idinvest sells eRepublik via trade sale
Deal sees the GP fully exiting its holding after a nine-year ownership period
FPE to merge newly acquired SGL and Masstech
New company will be run by Masstech's management and will be headquartered in the UK
Maven invests £1.5m in data and graphics startup Ebb3
Funding for the deal will come from Maven Capital Partners's venture capital trusts