Category Archives: Private Equity
Emerald AI Closed a $150 Million Series A at a $1.05 Billion Mark:
HedgeCo.Net — Emerald AI, the Washington, D.C. software company that treats AI data centers as flexible grid assets, said Tuesday it had raised $150 million in an oversubscribed Se… Continue reading
CardinalStone Hit a $76 Million First Close on West Africa Growth Fund II:
HedgeCo.Net — CardinalStone Capital Advisers reached a $76 million first close on CCA Growth Fund II, Africa Private Equity News reported from the Lagos manager on August 24. Afric… Continue reading
Gatik Raised a $200 Million Series D Led by QIA and Koch Disruptive Technologies:
HedgeCo.Net — Gatik, the Santa Clara autonomous-trucking company, said Tuesday it had raised $200 million in a Series D led by Qatar Investment Authority and Koch Disruptive Techno… Continue reading
Blackbird Closed a Record A$1.05 Billion Sixth Fund:
HedgeCo.Net — Blackbird closed its sixth venture fund at A$1.05 billion, the largest venture-capital raise on record in Australia and New Zealand, Business News Australia reported … Continue reading
Helcim Closed a C$53 Million Series C at a C$250 Million Mark, BDC Leading:
HedgeCo.Net — Helcim, the Calgary payments processor for small and mid-sized businesses, said Friday it closed a C$53 million Series C led by BDC Capital’s Growth Venture Fund. The… Continue reading
Starcloud Added a $250 Million Series A Extension at a $2.3 Billion Mark:
HedgeCo.Net — Starcloud, the Redmond, Washington startup building orbital data-center satellites, told TechCrunch it has added a $250 million extension to its March Series A. The e… Continue reading
Azalea Raised More Than US$1 Billion Across Three PE Vehicles, Including an Evergreen:
HedgeCo.Net — Azalea Investment Management, the Temasek-owned PE access platform under Seviora, said Monday it has raised more than US$1 billion of new capital commitments across t… Continue reading
Roots Goes Private at C$4.10 With Marquee Brands and a 69% Vote Lock:
HedgeCo.Net — Roots Corporation agreed to go private in a cash deal led by Marquee Brands, with operating partner JM&A Design and Development, at C$4.10 a share. The company press … Continue reading
Steadfast Signed a Scheme Deed at A$6.00, About A$7.7 Billion of Enterprise Value:
HedgeCo.Net — Steadfast Group signed a binding scheme implementation deed on Friday with a consortium of Amwins, Dragoneer Investment Group, and KKR at A$6.00 a share. Insurance Jo… Continue reading
Investcorp Buys India’s 20Cube 3PL for About INR 500 Crore:
HedgeCo.Net — Investcorp announced on August 19 that it has acquired 20Cube 3PL Solutions, a digital-first contract logistics platform in India, for approximately INR 500 crore. Th… Continue reading
Callosum Raises a $100 Million Seed Led by Atomico, UK Sovereign AI on the Cap Table:
HedgeCo.Net — Callosum, a London AI-infrastructure startup, raised a $100 million seed round led by Atomico, with participation from Plural, DCVC, and the UK’s Sovereign AI fund. A… Continue reading