3i and minority shareholders have agreed to sell their combined stake of 47.4% in Kider to Caja Navarra for EUR 33.3m. The remaining stake will be held by the company’s management. The deal is part of the bank’s EUR 353m investment strategy, which will see the acquisition of 75 companies from the industrial sector.
PayPoint will use the proceeds to focus on core UK markets
Round for the biotechnology company extends the CHF 2.5m August 2019 round led by Redalpine
UnternehmerTUM Fonds III has a target of €150m and will focus on series-A and early-stage rounds
Deal is HTGF's 11th exit during the coronavirus pandemic, and comes seven years after the VC first invested in the company