Venture
Abingworth Bioventures 8 closes on $465m
ABV 8 targets companies developing innovative therapeutics, with investments across the US, UK and continental Europe
How European venture capital weathered a rocky 2020
Q2 reflected a nice uptick in investment activity, and aggregate value continued climbing as the year went on
Cathay Innovation invests in €33m round for Wallbox
Round is co-led by Cathay Innovation and Wind Ventures, with participation from Iberdrola and Seaya Ventures
eCapital leads growth investment for Kendaxa
Germany-based automation software company also announces the appointment of a new CRO and CMO
Fasanara Capital leads $48m round for Scalapay
Baleen Capital and Italian family office Ithaca Investments also take part in the investment
VCs in €15m funding round for Compeon
Iris Capital, NRW Bank and the Qatar Development Bank led the round for the SME financing platform
Cathay et al. in €49m series-B for Alma
Company intends to use the fresh capital to consolidate its presence in the French market and expand across Europe
Ion Pacific nears first close for VC secondaries fund
Hong Kong-based manager is expecting commitments of roughly $40m at first close for the global fund
Lauxera Growth I holds €100m first close
Fund is dedicated to financing and accelerating the commercial growth of promising healthtech companies
Sinergia Venture Fund holds €30m first close
Fund invests in pre-series-A and series-A rounds to support the growth of startups operating across a large variety of sectors
Octopus to launch £100m healthcare-focused fund
In conjunction with the announcement, the firm has hired an investment team from TenX Health
Xplorer Capital, Futury Venture lead $22m round for Wingcopter
Germany-based delivery drone developer is also backed by Hessen Kapital via Hessen Kapital III
Alta Life Sciences invests in Inbiomotion
Existing investors including Institut Català de Finances also take part in the financing
Korys, FPIM et al. in €12m extended series-B for Remynd
Biotech company initially raised €12m in December 2018
Toscafund leads €25m round for Elinvar
Existing investors Goldman Sachs Growth, Ampega and Finleap also back the round
Lightspeed leads $20m Wintermute series-B
Lightspeed led the company's series-A funding round in June 2020, following another round in January
Aurica Capital invests in SamyRoad
Aurica intends to support the company in further expanding its customer base and boosting its international development
Swanlaab leads $8m series-A round for Landbot
Startup has so far raised $10.2m in funding since being founded in 2017
Gresham House Ventures hires Rupesh Patel
Patel most recently worked at Praesidian Capital, a transatlantic private equity and debt fund
Lumos Capital leads €16.5m series-B round for Ironhack
Other investors in the round include Endeavor Catalyst and existing investors Brighteye and Creas
VCs in $50m round for Maps.Me
Navigation and travel app was bought by Parity.com subsidiary Daegu for around €16.65m in 2020
Blue Horizon Ventures closes debut fund on €183m
Food-technology-focused VC was founded in 2018 and has so far made 18 investments
RGreen Invest, Mirova et al. in €80m round for HysetCo
Company has so far raised more than €100m in funding since being founded in 2015
Sequoia Capital to invest in Auto1 prior to IPO – report
IPO of used car trading website could generate proceeds of €1bn, the company said in a statement