Fundraising

Rethink Impact has raised $182 million for its second fund.

A decade after the cleantech bubble burst, the market has matured – and now has fresh appeal for investors and LPs alike.

Dealmaking in the France and Benelux region has grown by about 80% over the past two years, according to a report.

Coronavirus uncertainty and liquidity constraints have made some business owners in the region more willing to sell, head of Asia-Pacific Ming Lu tells PEI.

The mid-market firm, founded by Edmund Lazarus and Mark Joseph, has held a one-and-done on its latest vehicle.

Nearly $8bn was invested in 2019, a record year for deals in emerging markets, as Latin America and South-East Asia saw the most fundraising activity.

The Boston firm's investments in collaboration, automation and cybersecurity have seen significant revenue growth since the start of the year. The positive news comes as the firm is in the market for a second fund.

Early stage VC investments propped up Chinese dealmaking statistics in the first quarter, according to Hao Zhou, head of Bain & Co's Greater China PE practice.

The region saw less than $1bn of exit activity for the first time since 2012, despite stable dealflow and larger than usual fundraising numbers.

Silicon Valley VC deal price increases slowed over the course of Q1 2020, according to Fenwick & West’s survey. Start-ups are looking to various deal structures to extend their cash runway.