Acton Capital Partners related stories
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Acton Capital raises $215mThe Munich-based venture capital firm closed its fifth technology fund.
HomeToGo buys Tripping.comHomeToGo has acquired Tripping.com, a U.S.-based vacation rental meta-search site. No financial terms were disclosed. In conjunction with the transaction, Princeville Global, which led the Series C funding round for Tripping.com, made an undisclosed investment into HomeToGo.
- Vacation rental search engine HomeToGo pulls in funding
Berlin-based HomeToGo, a vacation rental search engine, has closed its latest funding round, raising a total tally of more than $150 million. In addition to the fundraising, HomeToGo has acquired its U.S. rival Tripping.com for an undisclosed sum. HomeToGo's backers include Insight Venture Partners, Acton Capital Partners, DN Capital, Global Founders Capital, Lakestar and Princeville Global.
Venture-backed Chefs Plate to be acquired by HelloFreshChefs Plate, a Toronto-based meal-kit delivery company, has agreed to combine its Canadian business with that of Germany's HelloFresh, which operates in the same sector. HelloFresh will acquire all shares of Chefs Plate for an undisclosed amount, creating a national company with targeted revenue to about $200 million. Founded in 2014 by CEO Jamie Shea and Patrick Meyer, Chefs Plate delivers kits of locally-sourced farm fresh ingredients and recipes to customers' homes. Its investors include Acton Capital Partners, BrandProject, Emil Capital Partners and InvestEco Capital Corp, as well as Comerica Bank. HelloFresh is also venture-backed, counting Insight Venture Partners and Rocket Internet among its investors.
Venture-backed legal software provider Clio acquires LexicataClio has acquired Lexicata, a Los Angeles-based customer relationship management and client intake tool for lawyers. No financial terms were disclosed. Clio, a Vancouver-based legal practice management technology provider, said the deal will enable delivery of a suite of services that streamlines the end-to-end client journey. Lexicata will evolve into a new platform called Clio Grow, launching in 2019. Founded in 2008 by CEO Jack Newton and CPO Rian Gauvreau, Clio is backed by Acton Capital Partners, Bessemer Venture Partners, Point Nine Capital, Version One Ventures and other investors.
- Acton leads funding in sneaker startup Koio
New York-based Koio, maker of luxury leather sneakers, announced it has raised $3 million in Series A funding. Acton Capital Partners led the round with other institutional and private investors, including Brand Foundry Ventures, Winklevoss Capital, actor Miles Teller and director and producer Simon Kinberg. The company was founded in 2015 by Wharton graduates Chris Wichert and Johannes Quodt.
VC-backed Indochino wins strategic investment from MitsuiVancouver apparel company Indochino recently raised a strategic investment from Japan's Mitsui & Co. No financial terms were disclosed. The funds raised and partnership will help the company expand across North America and invest in its global operations and supply chain. Founded in 2007 and led by CEO Drew Green, Indochino provides custom men's clothing online, via mobile and in its showrooms. Mitsui is the company's third strategic partner, joining Dayang Group, which invested in 2016 /canada/2016/03/venture-backed-indochino-nets-up-to-42-mln-from-chinas-dayang/ and Postmedia Network Inc. Indochino is also backed by Acton Capital Partners, Highland Consumer Partners, Madrona Venture Group and Version One Ventures.
Meal-kit company Chefs Plate raises $10 mln Series C roundToronto meal-kit delivery company Chefs Plate has secured $10 million in a Series C financing. The round was backed by Acton Capital, Emil Capital and InvestEco Capital, which invested in last year's Series B financing /canada/2016/12/investeco-invests-in/ as well as Comerica Bank. Founded in 2014, Chefs Plate is now delivering 450,000 meals per month, up 300 percent from Q3 2016, and operating in all regions of Canada. Led by CEO Jamie Shea, one of its co-founders, the company will use the funds raised to invest in technology, recruitment, automation of its fulfillment centres, and support of its supply chain of farmers and artisans. Chefs Plate is also backed by BrandProject.
- HomeToGo rakes in Series C
Berlin-based HomeToGo, a metasearch engine for vacation rentals, has secured an undisclosed amount of Series C funding. Insight Venture Partners led the round with participation from Acton Capital Partners, DN Capital and Global Founders Capital.
