Technology
Seaya Ventures III holds €85m first close
Fund targets technology companies based across southern Europe, with the aim of supporting their expansion
White Star holds first close for $30m Digital Asset Fund
Fund invests in blockchain-enabled businesses at each layer of the tech stack, with a focus on Europe and the US
Kennet-, Eight Roads-backed Rimilia sold to trade for up to $150m
Nasdaq-listed BlackLine is an enterprise software company with a market capitalisation of $5.182bn
Warburg Pincus sells stake in Avaloq at CHF 2bn valuation
GP invested in the banking software platform in 2017 at a CHF 1bn valuation and held a 45% stake
Norvestor exits Aptilo Networks to trade
GP exits the company nine years after acquiring it for €14.5m
Oakley Capital acquires 7NXT from Crosslantic
Crosslantic acquied the online fitness and health nutrition business from ProSiebenSat in 2018
CDP Venture Capital leads €15m series-C for Wise
Indaco and Eureka also take part in the round, alongside previous backers including Principia and HTGF
General Catalyst et al. in £240m round for $2bn+ Cazoo
Online used car marketplace Cazoo has generated £100m in revenues to date in 2020
Mobeus injects $3.8m into Preservica
Mobeus initially supported the spin-out of the original Preservica technology from portfolio company Tessella
HTGF, WestTech sell Semknox to trade
Sale of its stake in the AI-backed product search software platform is HTGF's eighth exit of 2020
LogPoint raises $30m in series-B round
Cybersecurity firm has so far raised $42m over three rounds
Main Capital sells RVC Medical to trade
Sale process saw interest from sponsors and corporates, and ends a six-year holding period for Main Capital
Main Capital acquires Textkernel
Main Capital plans to support a buy-and-build strategy for the Netherlands-based recruitment software developer
PandaScore raises $6m in round led by V13 Invest
Startup has so far raised around €9m, according to Crunchbase
Livingbridge sells Mobysoft to ECI
Livingbridge began preparations to exit the company in July 2020, in a GCA Altium-led auction process
Argos Wityu proceeds with buyout of Sword's French operations
French operations of the IT engineering and software consultancy generate revenues of €60m
Main Capital's Cleversoft buys BusinessForensics
Deal is the second add-on for the financial regulatory software platform since Main invested in 2018
Notion leads $12m series-A for Acin
Fitch Ventures, the venture arm of Fitch Group, has also invested, as well as several angel investors
83North leads $90m series-C round for Exotec
Robotics startup has raised $111m since its founding five years ago
Russmedia Partners buys majority stake in Bergfex
Founders of the online Alpine tourism platform will continue to hold a stake in the business
Valar Ventures leads $52m series-A for Bitpanda
Company intends to use the fresh capital to further boost its expansion across Europe and scale up its team
Mavenir buys VC-backed IP Access
Following the deal, IP Access will operate as a business unit within Mavenir's emerging business group
Pelican invests £5m in YourParkingSpace
Typical investments from Pelican are in companies with sustainable profits greater than £1m
EQT-backed Iver acquires City Network
Deal is Iver's sixth add-on deal since its creation in 2018 through a merger