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Venture

Coronary medicine
Longitude Capital leads $40m round for Polares Medical

Existing investors Decheng, Endeavour Vision, IDO, Earlybird and Wellington also take part

  • Expansion
  • 25 June 2020
Laboratory product testing
Astorg to acquire Normec from Summit

Summit Partners acquired a minority stake in Normec for an undisclosed amount in December 2017

  • Buyouts
  • 25 June 2020
Panoramic view over Berlin
DACH venture capital looks for a new normal

Although dealflow in the DACH VC market has remained fairly strong, deals have shrunk in average size, and uncertainty lingers

  • Venture
  • 25 June 2020
Phone banking
Consortium in €20m series-A round for Memo Bank

Company also announces it has been given the seal of approval to be a fully-fledged bank

  • Early-stage
  • 24 June 2020
Italian restaurants
Index Ventures leads €70m series-C for Swile

Company will use the funding to expand internationally, starting with Brazil

  • Expansion
  • 24 June 2020
Home schooling software and courses
Left Lane, DN Capital back €8.3m round for GoStudent

Speedinvest backed a €1.5m round for the Vienna-based online tutoring company in July 2020

  • Expansion
  • 23 June 2020
Secondhand cars
VCs in £25m round for Cazoo at valuation of $1bn

Since launching in December 2019, the online car retailer has generated £20m in revenues

  • Expansion
  • 23 June 2020
Cybersecurity and digital access restriction services
HSBC contributes $7m to Privitar's series-C

Warburg Pincus led an $80m series-C funding round for the data privacy company in April 2020

  • Expansion
  • 23 June 2020
Online shopping
Coatue leads $150m Checkout series-B with $5.5bn valuation

US-based late-stage investor Coatue has previously taken stakes in companies such as Instacart

  • Expansion
  • 23 June 2020
UK fund closes and launches
Epidarex Capital III closes on £102m

Fund invests in new life science companies from emerging research hubs across the UK

  • Funds
  • 22 June 2020
Healthcare software
MMC leads $3m seed round for Agamon

Fresh capital will be used to scale the company's deployments with more hospitals globally

  • UK / Ireland
  • 22 June 2020
Exercise and fitness apps
Optum Vetures et al. back $26m series-B for Kaia Health

Idinvest and Capital300 also back the digital therapy platform, along with existing investors

  • Expansion
  • 19 June 2020
Bartenders and hospitality staff
Consortium in €20m round for Roamler

Investment will enable Roamler to internationally expand, starting with the UK and Germany

  • Benelux
  • 19 June 2020
Transport rental apps
SoftBank in $19.5m in Splyt series-B

SoftBank vice-president Daichi Nozaki will join the company's board of directors

  • Expansion
  • 19 June 2020
Fundraising in US dollars
Hoxton closes second fund on almost $100m

Hoxton Ventures II has a 30% carry rate with a 2.5% management fee and no hurdle

  • Funds
  • 18 June 2020
Cybersecurity firms
Adara Ventures leads $5m round for CounterCraft

Round also sees participation from existing backers Evolution Equity Partners, Orza and Wayra

  • Expansion
  • 18 June 2020
Home tutoring services
Mobeus leads £4m round for MyTutor

Fresh capital will be used to increase the availability of MyTutor's platform

  • Technology
  • 18 June 2020
Online data services
Atomico leads $27m series-B for Onna

Glynn Capital takes part in the investment, alongside previous backers Dawn, Nauta and Slack Fund

  • Expansion
  • 18 June 2020
Boardroom discussions and office openings
Go Capital taken over by management

As part of this deal, Jerome Guéret is appointed as CEO and Bertrand Distinguin takes on the role of president

  • GPs
  • 18 June 2020
Blockchain technology
Meta Change Capital launches €100m fund

Fund is dedicated to investments in blockchain companies across Europe, Asia, the Middle East and Africa

  • Funds
  • 17 June 2020
Monzo is a banking and payments service
VCs invest £60m in Monzo for £1.24bn valuation

Online bank's previous £113m funding round valued the company at £2bn in June 2019

  • Expansion
  • 17 June 2020
Phone banking
Square buys VC-backed payment app Verse

Verse joins the Cash App division at Square and continues to operate as an independent business

  • Exits
  • 17 June 2020
Robotic manufacturing systems
83North leads $30m series-B for Wandelbots

Existing investors Paua Ventures, EQT Ventures and Atlantic Labs also back the robotics company

  • Expansion
  • 16 June 2020
Job applications and new recruits
IQ appoints Hirtzel as general partner

Hirtzel previously served as chief operating officer of Kreos Capital after working at PA Consulting

  • People
  • 16 June 2020
25 26 27
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