The private market industry has maybe 11,000 players, Partners Group CEO David Layton says. Over the next decade, that number could fall to under 100. In an interview with the Financial Times (FT) Sunday (Sept. 17), Layton predicted a “new phase of maturation and consolidation” due to rising interest rates,...
Denmark-based venture capital (VC) manager Dreamcraft Ventures has reached its target of 55 million euros ($58.7 million) for its Fund II. Fund II has made six investments in the last nine months, the firm said in a Wednesday (Sept. 13) post on LinkedIn. The VC manager invests...
Spanish digital car subscription service provider Revel has reportedly raised 115 million euros (about $123 million) in a funding round. The money, which includes a 15 million euro (about $16 million) capital investment and a debt financing structure of up to 100 million euros (about...
Embedded banking platform Swan has raised $39 million in a Series B funding round. “I’m not obsessed with fundraising, but this news is big,” Nicolas Benady, the French company’s founder and CEO, wrote on the Swan blog Wednesday (Sept. 13). “It’s big for reinforcing the quality and scale of our...
Treasury4 has raised $20 million to expand its software platform for treasury and finance practitioners. The company announced its Series A funding — led by WestCap — in a news release Wednesday (Sept. 13), saying the funds would allow it to enhance Entity4, its legal entity management solution,...
Credit platform Versatile Credit has earned the confidence of growth equity firm PSG. The Pennsylvania-based company announced Wednesday (Sept. 13) that it had received a strategic growth investment from PSG, which it will use to expand its go-to-market infrastructure, its relationships with lenders, and move into new...
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, has received a new investment from global investment firm KKR. Through an affiliate, KKR will invest 2,069.50 crore rupees (about $250 million) into RRVL, increasing its equity stake from 1.17% to 1.42%, KKR said in a Monday (Sept....
Perfios, an Indian B2B Software-as-a-Service (SaaS) FinTech, has raised $229 million in a Series D funding round. The round was led by Kedaara Capital and marks one of the largest investments in an Indian B2B SaaS firm this year, the company said in a Monday...
AMP has raised $18.5 million in a Series A funding round to expand its interconnected platform for eCommerce merchants. The idea for AMP came about when founders Cameron Priest and Patrick Barnes realized that many brands and merchants struggled to manage multiple apps required to run their eCommerce stores, the...