Technology
DBAG backs Vitronet MBO
DBAG will use capital from its DBAG ECF fund as well as €8.5m directly from its balance sheet
KPN Ventures backs Locumi Labs in €1.5m funding round
HBT Holdings and KfW Banking Group have also backed the smart-lock app developer
Vækst-Invest Nordjylland backs Miralix MBO
GP and three of the companyтs managers buy a 70% stake from CEO Preben Kirkeby
ATV leads €4.2m funding round for Enervalis
Besides ABB Technology Ventures (ATV), LRM and Nuhma also backed the funding round
Nauta Capital holds final close on $170m
Fund held a first close on $70m in September 2015 with an intial target of $115-175m
TGFS and Hessen Kapital back Mapcase
New capital will be used to improve the technology, as well as expand operations in the DACH region
Atlantic Labs leads funding round for Peat
VC leads a seven-digit funding round for the German plant disease diagnostic app developer
ISB leads funding round for Savedroid
New capital will be used to provide the 150,000-strong user base with more contract categories
Ixo backs Noeva's MBO
Ixo becomes the new majority shareholder of Noeva, with the balance going to management
Accel-KKR's ESG buys Utiligroup from NorthEdge
Accel-KKR portfolio company Energy Services Group (ESG) has bought UK-based software and IT services company Utiligroup from NorthEdge Capital.
Vespa invests in Lumi MBO
GP is currently investing from its second fund, which makes invests in companies with EVs of тЌ15-75m
ZFHN exits Dataglobal in MBO
Management buyout is being led by CEO Wolfgang Munz, who originally founded the company in 1992
Polytech Ecosystem Ventures joins CHF 3.5m series-A for Lend
A number of business angels joined in the funding round alongside the Swiss-American VC
Main Capital acquires Muis Software
GP is currently investing from its fourth buyout fund Main Capital IV, closed on €85m in 2015
TGFS and Madsack Mediengruppe in €2m series-A for Dipat
Company will use the fresh capital to expand its services across Germany, and will also move to Leipzig
Bayern Kapital backs Terraloupe
New capital will be used to build the product platform and expand the business internationally
Verdane acquires literacy software developer Lingit
Norwegian company had revenues of NOK 30.6m and EBITDA of NOK 9.7m in 2016
Foresight backs Fresh Relevance with £2.15m
Marketing platform developer Fresh Relevance expands in the online commercial sector
Industrifonden leads €7.5m funding round for Meniga
The funding round also saw participation from Velocity Capital and Frumtak Ventures
Kennet and Eight Roads sell Rivo to Genstar's Sphera
Sale of risk management software provider follows a four-year holding period for the VCs
Intersaction backs PQR and 2ML merger
Gilde started supporting PQR in 1998, when it injected €17.92m into the group, thereby acquiring a minority stake
HTGF to hold €200m first close for third venture fund
Consortium of 15-20 investors will provide €60m, with the remainder coming from the German government
Passion Capital exits Flattr to Eyeo
Sale of Swedish software startup comes after a five-year holding for the London-based venture capital firm
Verdane backs music software developer Propellerhead
Fresh infusion of capital will help the Swedish business grow its team and increase its development pace