Private Equity

North America

Race car champ Di Grassi joins Vidavo Ventures as venture partner

Vidavo Ventures has named Lucas Di Grassi, a former E World champion and UN Environmental Program ambassador, as a venture partner.

1 min read · 18 November 2022

Longitude Capital recruits healthcare exec Young

Longitude Capital has hired Matthew Young, who was previously COO and CFO of GRAIL, a healthcare company focused on early detection of cancer.

1 min read · 18 November 2022

Missouri pension takes hit from FTX crackup

Missouri State Employees’ Retirement System reported that it had exposure to FTX, the bankrupt cryptocurrency exchange, through a PE co-investment fund.

2 min read · 18 November 2022

Private AI collects $8m in BDC Capital-led Series A financing

Based in Toronto, Private AI is a software startup that uses artificial intelligence to help businesses preserve the privacy of their users.

2 min read · 18 November 2022

Friday Letter: Pesky pensions pare their PE plans

Fundraising will be more difficult in 2023, as big pensions such as Texas Teachers, LACERA and Sacramento County ERS say they plan to slow their PE investing pace.

4 min read · 18 November 2022

Active VC investor Sacramento County to cut PE pace

The system, which has backed recent funds from Canvas, CRV, Khosla and Threshold, plans to target $260m in PE commitments in 2023, down from $340m so far this year.

2 min read · 17 November 2022

Inovia leads $40m round backing Symend's next phase of growth

Symend is a Calgary-based behavioral engagement technology company.

1 min read · 17 November 2022

BoostSecurity emerges from stealth, closes C$12m seed financing

Sorenson Capital led the round.

2 min read · 16 November 2022

Georgian leads $60m Series B financing extension for Island

Georgian’s investment extends Island’s previously announced Series B round, led by Insight Partners.

2 min read · 16 November 2022

Invesco anchors Fiat Ventures' debut fund for fintechs focused on underserved populations

The diverse manager, which draws on consulting experience from its sister company Fiat Growth, set out to raise $15m but ended up closing on $25m.

3 min read · 16 November 2022

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