Technology
Sovereign Capital backs Zenitech
Sovereign backs Zenitech founders Christopher Lacy-Hulbert, Edward Batrouni and Csaba Suket
Vidici Ventures et al. in €2m seed round for ReceiptHero
Startup will use the proceeds for further product development, and to expand into Sweden and the Baltic region next year
Alfvén & Didrikson leads $12m round for Klevu
Retail search engine startup has raised тЌ15m since being founded in 2013
VCs in €12m round for GreenCom Networks
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
Omers leads $20m round for Ultimate.ai
New investor Felicis Ventures also backed the round for the customer service automation software
LDC acquires minority stake in Foundation SP
LDC has backed the company's existing management team, led by Simon Grosse as CEO
Balderton leads $15m series-A for Vivenu
Existing investor Redalpine also participates in the round for the online ticketing platform
Alpina sells Modula to PE-backed Aptean
Alpina began its ERP software buy-and-build platform with the acquisition of Oxaion in 2015
Ace Management leads €20m series-C for EclecticIQ
Company plans to use the fresh capital to scale up its teams and further expand internationally
Via Equity sells Profit Software to Volpi
Sale comes six years after the GP, alongside Tesi, acquired the company from CapMan
PE-backed Loxysoft sold to trade
Buyer is wholly acquiring the company for a debt-free purchase price of around тЌ13.6m
Perwyn acquires Agilitas from NVM for 8.4x returns
Agilitas recorded revenues of ТЃ12m in the year to March 2019, up from ТЃ9m in the same preceding period
Unbound Ventures leads Vaha series-B
HV Capital, Global Founders Capital, TQ Ventures and RTP Global also backed the fitness startup
Progressio buys minority stake in Assist Digital
GP deploys capital from Progressio Investimenti III, which held a final close on its €250m hard-cap in 2019
Index Ventures leads €25m round for Ankorstore
B2B marketplace for brands and independent retailers is also backed by GFC, Alven and Aglaé
Monterro buys SaaS company TimeEdit
GP has reportedly acquired a stake of around 75% for almost SEK 100m (тЌ9.8m)
Norrsken, Partech lead €5m round for Material Exchange
Startup was founded last year and has reportedly raised $8.2m so far
Capita in exclusive talks with Montagu to sell its ESS division
Capita engaged with Goldman Sachs in June 2020 to sell the asset for around ТЃ500-700m
LDC sells NBS to TA-, Stirling-backed Byggfakta
Bank of America was given the mandate to run the sale process for the company in September 2020
ProFounders leads €4.1m series-A for Nodalview
Company intends to use the fresh capital to scale up its team, while boosting its growth and expansion
Scottish Equity Partners invests in Dohop
With SEP's support, Dohop intends to scale up its team and expand its global sales
VCs in €3.5m round for Cumul.io
Stijn Christiaens, co-founder and CTO at Collibra, will continue to act as an independent board member
Permira's Exclusive Group bolts on Nuaware
Company has made add-ons in Europe, Canada and Hong Kong since Permira's investment in 2018
NorthEdge invests in Altia-ABM
Fresh investment from NorthEdge backs Altia-ABM's newly promoted CEO Rob Sinclair