Technology
Lauxera closes first health tech fund on EUR 260m
Debut fund will invest EUR 20m-40m in European and US health technology companies
Holland Capital buys business applications provider Appronto
Acquisition will enable close collaboration with other companies in the GP's portfolio
Synova sells majority stake in Mintec to Five Arrows
Synova reaps 12x invested capital and will reinvest in the company for a minority stake
Permira leads USD 180m round for GWI
London-headquartered market research software-as-a-service platform is valued at more than USD 850m
Lightspeed, 468, BroadLight co-lead USD 200m Series B for Zapp
Round also saw participation from existing investors Atomico, Burda and Vorwerk Ventures
Pinova buys Sematell from IMCap
Small-cap technology investor IMCap bought Sematell in a carve-out from Attensity in 2015
Highland Europe, Eurazeo lead Descartes EUR 120m fundraise
Series B raise comes 18 months after its Series A
Highland, HPE Growth-backed WeTransfer shelve IPO plans
Decision made to halt an initial public offering as a result of volatile market conditions
Verdane acquires marketing software developer Papirfly
GP is investing in the Norway-based marketing technology group via its EUR 540m Edda II fund
Planet First seeks sustainability investments ahead of EUR 350m fund close
Managing partner and co-founder FrУЉdУЉric de MУЉvius speaks to Unquote about the firm's evergreen fund and its investment strategy
Vitruvian leads GBP 125m round for AnyVan
Capital will help develop technology to disrupt the fragmented transportation markets in the UK and Europe
Infravia Capital closes Growth Equity Fund on EUR 501m
Fund will invest in digital and technology infrastructure companies across Europe, and seeks to be deployed in 18 months
TeamViewer attracted take-private interest last year amid PE boom
Frankfurt flotation of TeamViewer in 2019 delivered a bonanza for backer Permira
Eleven Ventures announces EUR 60m fund
Eleven Fund III is 10x bigger than its predecessor fund, which launched in 2018 and closed on EUR 6m
Eurazeo Smart City II holds EUR 150m second close
VC fund focuses on companies promoting the transition towards more liveable and sustainable cities
Summa holds EUR 2.3bn final close for Fund III
GP will continue its focus on resource efficiency, changing demographics, and tech-enabled companies
Cherry holds first close for EUR 300m growth fund
Almost two thirds of Cherry IV's capital will be reserved for follow-on investments
Verdane's Porterbuddy sold to VC-backed Instabox
Verdane is reinvesting for a minority stake in the combined delivery service platform
Blossom holds USD 432m final close for third fund
VC will continue its focus on Series A investing in Europe, backing sectors including cryptocurrency
Odin Groep awards exclusivity to Apax Partners
Fortino Capital-backed Odin Groep is being marketed based on annual EBITDA of EUR 30m-33m
Goldman Sachs, 83North et al. in USD 335m round for Exotec
France's New Unicorn, Exotec, reaches valuation of USD 2bn following investment round
Verdane closes debut impact growth fund on EUR 300m
Verdane Idun I will deploy tickets in a sweet spot of EUR 10m-15m, making 20-25 deals in total
Mayfair acquires 60% stake in LoopMe
LoopMe had revenues of USD 100m in 2021, after growth of around 50% per annum for the past three years
Altimeter, Dragoneer et al. in USD 1bn round for Checkout.com
UK-based payments processor reaches a valuation of USD 40bn following the Series D