Private Equity
White Star Capital, a venture capital firm with offices in London, New York and Montréal, has secured US$70 million for its first institutional fund. BDC Capital was the anchor investor in the fund. Founded by Canadian-born Managing Partner Eric Martineau-Fortin, White Star is focused on deploying between $500,000 and $5 million to initial investments in early-stage technology companies in North America and Western Europe. Among its recent deals, the firm in May led a $6 million Series A financing of mnubo, an Internet-of-Things data analytics company based in Montréal. Canadian venture capital firm McRock Capital also invested in the round.
3 min read · 16 November 2015
Paladin Capital Group has made a number of appointments to its team. The Washington, D.C.-based private equity firm has named Alex O’ Cinneide as managing director, head of Europe. Also, Paladin has added Professor Sir David Omand, Mary Aiken and Sally Tennant to its strategic advisory group. In addition to these new appointments, the firm is expanding its cyber fund, which backs early-stage tech companies, into Europe.
2 min read · 16 November 2015
White Star Capital has raised $70 million for its inaugural fund. The venture firm is planning on investing between $500,000 and $5 million into companies in North America and Europe. The fund's backers include sovereign and institutional funds supported by entrepreneurs and family offices from over 18 markets.
3 min read · 13 November 2015
From the VCJ archives: With Zola announcing this week it has raised $10 million in Series B funding, we're re-posting a sector analysis story on wedding related startups that originally published in the August 2014 issue of VCJ.
6 min read · 13 November 2015
David Eichler, managing partner at Psilos, talks about opportunistic investing in a changing medical equipment market
5 min read · 12 November 2015
2 min read · 11 November 2015
Finnish venture firm Open Ocean has raised 100 million euros for its latest fund that will focus on backing European software companies. The fund's investors include European Investment Fund and Finnish Industry Investment. In addition to the fund, Open Ocean is opening an office in London that will be led by Richard Muirhead, who is joining the firm as a general partner.
3 min read · 11 November 2015
500 Startups is raising a $15 million Nordics fund, according to a filing with the SEC.
1 min read · 10 November 2015
3 min read · 10 November 2015
IGNIA has raised $90 million in the first close of its second fund. The fund will focus on high-growth companies in Mexico. Its limited partners include Mexican pension funds.
2 min read · 10 November 2015