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Vertex Ventures Bets Big on SE Asia and India With US$541 Million Fund – Fintech Singapore

Vertex Ventures Southeast Asia and India (VVSEAI) has secured US$541 million for its fifth and biggest fund, exceeding its target of US$450 million. VVSEAI...

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[SPONSORED] Fundamental Labs: Empowering Web 3.0 mass adoption and looking beyond 2022

Venture capital firm, Fundamental Labs launched its Fundamental Labs Fund V – the fifth in its  series of funds that kicked off in 2016. It was constituted within one month with a medium size of  $50M. Fundamental Labs’ investment philosophy is anchored around being a long-term, strategic,  value investor. Short-term speculation is not its approach so remains phase agnostic.  

The post Fundamental Labs: Empowering Web 3.0 mass adoption and looking beyond 2022 appeared first on The Block.

Mission BioCapital more than doubles last fund total with $275m Fund V close

Specialist venture capital house Mission BioCapital has raised $275m for its fifth flagship fundraise, more than double the amount it collected for its...

‘Stellar’ Fund IV performance helps Klarna, Revolut backer GP Bullhound to €300m Fund V hard cap

GP Bullhound, the tech investment house which has scored big success through investments in Klarna and Revolut, has hit Sorry, you need to...

The Jordan Company buys into Sunny Sky Products after 5x EBITDA growth

The Jordan Company has bought Sunny Sky Products from Seidler Equity Partners using its Resolute Fund V. Sunny Sky produ Sorry, you need to...

Wynnchurch Capital buys up residential doormaker Trimlite

US private equity firm Wynnchurch Capital has acquired residential doormaker Trimlite using its $2.2bn fifth fund.The company, which was founded in 1982, provides...

PayPal’s Journey Into Crypto Continues: Expands Purchase Limits

PayPal

The online payment giant PayPal continues to expand its crypto services by increasing the existing crypto purchase limit and appointing a former Chainalysis executive to direct its crypto division. In a move intended to “meet the ever-changing needs” of its customers and provide customers with “more choice and flexibility” when using the platform to acquire [...]

The post PayPal’s Journey Into Crypto Continues: Expands Purchase Limits appeared first on Blockonomi.

Blockchain Startups Raised over $4 Billion in VC Funding in Q2 2021

Most blockchain-based startups have seen funding from venture backers, despite the current cryptocurrency market downturn, recording over $4 billion in Q2 alone. This massive...

Five Elms Capital sees fund size rocket again with $780m Fund V final close

Software-focused private equity investor Five Elms Capital has raised its biggest-ever fund by closing its fifth flagshiSorry, you need to subscribe to read...

Creador strikes $500m first close for fifth fund, looks to up direct dealmaking – report

Asian private equity firm Creador has reportedly reached a $500m first close for its fifth fund, putting it within touching distance of its...

Platinum Equity agrees to buy Oregon Tool from American Securities, P2 Capital

Platinum Equity has agreed a buyout of Oregon Tool from fellow private equity pair American Securities and P2 Capital.That duo have owned the...

ArcLight raises HarbourVest, GCM-backed contination fund to take on Fund V hydro power asset stake

Energy-focused private equity major ArcLight Capital Partners has raised its first continuation fund to pick up a stakeSorry, you need to subscribe to...

Visa to Acquire Swedish Open Banking Platform Tink for $2.15 Billion

The US-based firm has signed a definitive agreement to acquire the European fintech platform.

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