1982 Ventures’ Post

Let's go! 🚀 🚀 🚀 iPiD Closes Oversubscribed USD 5.3 Million Funding Round led by Monk's Hill Ventures, QED Investors and Quona Capital Congrats Damien Dugauquier, Geertjan van Bochove and Alain Raes 👉 Please follow 1982 Ventures for more updates and insights! Led by early-stage tech-focused venture capital firm, Monk's Hill Ventures along with QED Investors and Quona Capital, and existing investors 1982 Ventures, Jungle Ventures, Saison Capital and Resolution Ventures. This investment empowers iPiD to accelerate the rollout of its innovative Verification of Payee solutions, particularly in Europe where regulations are evolving. iPiD's technology empowers Payment Service Providers (PSPs) to comply with upcoming regulations and safeguards against fraud risks, ultimately fostering trust and efficiency within the global payments landscape.

Molten Ventures acquires 19% of Seedcamp's third fund for €8.5 million #Molten Ventures, renowned for its strategic investments in the tech sector, has announced a significant acquisition, securing approximately 19% of SeedCamp's third fund for a cool €8.5 million. Launched in 2014, #SeedCamp's third fund was a game-changer, amassing $30 million and marking the transition to Seedcamp 2.0. This shift from the 'Art of the Start' to the 'Art of Scale' signaled a major strategic pivot, focusing heavily on expanding its presence in the US and securing a substantial investment from the European Investment Fund (EIF) Fund. This move bolstered SeedCamp's capacity to support its portfolio companies from seed stage to IPO and M&A but also underscored the growing significance of the European market in the global #fintech landscape. This isn't the first rodeo for Molten Ventures and SeedCamp, with Molten having previously invested in SeedCamp's earlier funds. Molten Ventures' approach to acquiring secondary positions in later-life funds highlights a keen eye for portfolios with imminent realisation opportunities, boasting a commendable 2.5x return on their secondary strategy. The portfolio from this particular fund includes high-fliers like Revolut, Pleo, Grover, wefox, Thriva, and Curve, indicating the high quality and potential of the assets involved. Martin Davis, CEO of Molten Ventures, expressed enthusiasm about leveraging current macroeconomic conditions to identify and invest in high-quality, later-stage assets. This acquisition comes on the heels of Molten Ventures' purchase of LSE-listed VC firm Forward Partners, adding 43 portfolio companies to its roster. This aggressive expansion strategy underscores Molten's commitment to nurturing the fintech ecosystem and its potential for near-term growth. This strategy is pretty interesting to me, moving more to a kind of PE deals in the VC market. The article on Tech.eu by Dan Taylor in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

Some corporations are realising that just making equity investments in startups is not enough to drive true transformational change at their businesses. They are adding venture building - building businesses inside the company - to their innovation tootlkit. SC Ventures, the CVC arm of Standard Chartered bank, is one such company that builds ventures on an industrial scale. And they have some successes to share. Here, Gurdeep Singh Kohli, a founding member of the venture unit, shares tips on how to do venture building well. https://ow.ly/RKvx50RJys7 #venturebuilding #corporateventuring #fintech SC Ventures by Standard Chartered

VC Landscape 🙌 Amex Ventures vets launch $78million early-stage fintech fund Vesey Ventures Vesey Venture, founded by Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, will invest in early-stage fintech and enabling technology companies, focusing on firms that can form early partnerships with financial incumbents. Based in the US and Israel, with nearly a decade of experience investing together, Vesey has already made several investments, including in Coast, Cyrus, Grain, Equi and Proper. Say the three founders: "Financial incumbents still own the crucial pieces startups need to succeed - infrastructure, capital, licenses and customers - and we’ve seen firsthand how the most successful fintech companies were built in partnership with incumbents." #venturecapital #privateequity #growth #investing #emergingmarkets https://lnkd.in/gD3drBC5

𝐍𝐞𝐰𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐟𝐨𝐫 𝟏𝟐𝐭𝐡 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟑 1. 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐒𝐚𝐚𝐒 𝐟𝐢𝐫𝐦 Perfios 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟐𝟐𝟗 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐬𝐞𝐫𝐢𝐞𝐬 𝐃 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 Kedaara Capital Perfios, a Business-to-Business (B2B) software provider for financial institutions, said it has raised $229 million in its Series D funding round from #privateequity firm Kedaara Capital through a combination of a primary fund raise and a secondary sale. Perfios plans to deploy the funds to fuel its global expansion plans in North America and Europe. "This #investment will help us in strengthening the digital transformation journey of our partners, thereby powering financial inclusion and providing access to financial services to billions across the globe," said Sabyasachi Goswami, cofounder and CEO of Perfios, in a media statement on Monday. 2. DetraPel Inc. 𝐂𝐥𝐨𝐬𝐞𝐬 $𝟕.𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐒𝐞𝐫𝐢𝐞𝐬 𝐀 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 DetraPel, a Boston, MA-based materials company that manufactures sustainable coatings, raised $7.6M in Series A #funding. The round was led by Material Impact with participation from INX International Ink Co., Touchdown Ventures, 𝐅𝐢𝐭𝐳𝐆𝐚𝐭𝐞 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬, Boro Capital, Icebook Investments Corp., and others. Adam Sharkawy, Co-Founder and Managing Partner, Material Impact, is serving on the Board of Directors starting in July 2023. The company intends to use the funds to build on the market traction of its recently rebranded industrial arm, Impermea Materials. DetraPel has also rebranded its consumer operations to 𝐏𝐫𝐨𝐨𝐟𝐏𝐥𝐮𝐬. 3. Tradeteq 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟏𝟐.𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐈𝐧 𝐒𝐞𝐫𝐢𝐞𝐬 𝐀 𝐏𝐥𝐮𝐬 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 Tradeteq, a London, UK-based technology provider of a SaaS securitisation and bank asset distribution platform, raised $12.5M in Series A Plus funding. The round was led by MS&AD Ventures , with participation from fellow venture capital firm Interlock Partners. Interlock was joined by 𝐕𝐢𝐜𝐭𝐨𝐫 𝐆𝐚𝐧𝐳𝐢, one of its #investors and #advisors, whose former roles included CEO of T𝐡𝐞 𝐇𝐞𝐚𝐫𝐬𝐭 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 and Chairman of Unity Willis Towers Watson, among others. Mr. Ganzi will join Tradeteq as an advisor. Furthermore, 𝐉𝐨𝐧 𝐒𝐨𝐛𝐞𝐫𝐠, Managing Partner at MS&AD Ventures, and Harry Hawks, Venture Partner at Interlock, will be joining the board as observers. 4. Hostess Brands 𝐬𝐭𝐨𝐜𝐤 𝐬𝐨𝐚𝐫𝐬 𝐨𝐧 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 The J.M. Smucker Co. Hostess Brands (TWNK) shares soar as J.M. Smucker (SJM) announces it will be #acquiring the company in a $5.6 billion #deal, including debt. Yahoo Finance Live breaks down the #acquisition. 𝐅𝐨𝐥𝐥𝐨𝐰 Corporate Valuations 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐬𝐮𝐜𝐡 𝐍𝐞𝐰𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 #news #newshighlights #updates #newsupdates #transactions #valuation #venturecapital #funding #BusinessValuation #PrivateEquity #investments #valuation #fundraising #funds #advisors #acquisition #privateequity

RPSG Capital Ventures Capital Ventures, the early-stage consumer venture capital fund, has just made a significant stride in the investment landscape. Today, they proudly announced the closure of their latest Fund II, securing a whopping Rs 550 Crore! This milestone marks a pivotal moment not only for RPSG Capital Ventures but also for the thriving consumer startup ecosystem. With a diverse investor base, including family offices, high-net-worth individuals, and industry veterans, this fund is poised to fuel innovation and growth in the consumer sector. Having already invested in 16 promising companies, including household names like The Souled Store, Supertails, and mCaffeine, RPSG Capital Ventures is set to continue its mission of backing new-age consumer businesses with solid unit economics and strong teams. Abhishek Goenka, a partner at RPSG Capital Ventures, expressed his excitement about the new Fund, highlighting their commitment to investing in ventures with differentiated positioning and robust potential. Stay tuned as RPSG Capital Ventures continues to drive innovation and empowerment in the digital consumer ecosystem! Read More: https://lnkd.in/gjYthGM5 #RPSGCapitalVentures #FundII #Investment #StartupEcosystem #ConsumerVentures

Grwth, a UK-based company known for its matchmaking services and strategic growth advisory, has expanded its offerings with the launch of Grwth Ventures, a new consumer venture fund. 𝗥𝗘𝗔𝗗 𝗧𝗛𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 👉 https://lnkd.in/d5hKEyyt Maddie Pogson Jake Higgins Joe Benn Barney Worfolk Smith 🦩 #startups #investmentfund #venturecapital #finance #founders #privateequity #investments #fundingnews

🕚Here a flashback to an exciting and bold VC fund launch from 2023. 💸In 2023 Luxembourg based VC firm Brighteye Ventures closed a €100m (£85.2m) fund backed by European Investment Fund (EIF), Jacobs Foundation, Partners in Equity along with family offices in #Europe, #Asia and the #MiddleEast. 🚀 💡’ Investing in early-stage #EdTech startups at the seed and Series A stages.’ 🌍Europe 💭 “The European Investment Fund’s support is testimony to the great confidence both the European Union and the market have in the burgeoning sectors of Edtech and workforce transformation, with key challenges facing societies as automation presents both significant risks and massive opportunities for the development of human productivity.” - Alex Latsis, founding partner at Brighteye Ventures 📈 'This second fund doubles the investment available from its first and brings total assets under management to €150m (£127.8m). ‘Hack The Box, Oneday, KOMI and Fundamental Surgery are amongst Brighteye Ventures’ current stakes in British companies.' 🗞️George Simister UKTN https://lnkd.in/eExia-jN 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Alex Latsis I Benoit Wirz I Isabella Vahdati I Mattheus Dias I David Guérin I Hege Tollerud I Hannes Aichmayr I Kirsten Campbell-Howes I Roxana Dobrescu I Marjut Falkstedt I Team Brighteye Ventures … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #uk

An early-stage technology venture fund, AC Ventures announced the final close of US$210 million fifth investment fund (ACV Fund V). With the support from both existing and new limited partners (LPs), including institutions such as The World Bank’s IFC - International Finance Corporation and other #global #investors from the #US, the #MiddleEast, and #NorthAsia. Founded in 2020, AC Ventures is a an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors. Formed through the merger of leading VC firms Agaeti Venture Capital and Convergence Ventures, AC Ventures’s mission is to partner and support entrepreneurs with more than capital, combining operating experience, industry knowledge and deep local network to bring value. Adrian Li Euan Marshall Pandu Sjahrir Helen Pei-Hua Wong Michael S. #acventures #fundv #sustainableinvesting #impactinvesting #esg #indonesia #southeastasia

Blackfinch Ventures, the venture capital arm of Blackfinch Group , is intending to declare its first dividend payment from the Blackfinch Spring Venture Capital Trust (VCT), payable in April 2024. The announcement comes as Blackfinch Ventures complete their most recent £1.3m round of investments made in December 2023, continuing their strategy to invested in a diverse range of high potential, early-stage tech companies across the UK, aligning with the national agenda to boost technological innovation. Richard Cook, CEO, says: “I’m incredibly proud of the contribution Blackfinch is making to the UK economy through the investment and support which we provide to our VCT investee companies. Over the years, we have established a strong portfolio of high-growth firms which provide an industry-leading exposure to underlying revenue growth. It is fantastic that our VCT is now able to target dividend payments for 2024 and beyond as this now enables a wider range of investors to consider investing with Blackfinch.” The VCT dividend milestone is underscored by data from the alternative investment platform Wealth Club, which provides evidence of the exceptional performance of Blackfinch Ventures’ portfolio. The firm stands out for having the most exposure to high-growth companies by annual revenue growth in UK VCTs. This recognition attests to Blackfinch Ventures’ skill in selecting and supporting companies with impressive growth trajectories, as 85% of its investments have experienced annual revenue growth of 25% or more. Read the full press release: https://bit.ly/48KCw9n #VentureCapital #VCT #Investing #VentureCapitalTrust #Blackfinch #Dividends