Nordic Capital Partners has closed a $9B fund that will focus on investments in healthcare and fintech. The fund will mainly focus on European startups but will also invest in North America. More: - Nordic Capital Partners is an investment company based in Stockholm, Sweden.
- The company's latest fund, Nordic Capital Fund XI, received $9B in investments from investors in every continent. Most of the investors are located in North America (34%), while investors from Europe and Asia are the second and third most represented, with 23% and 10%, respectively.
- This fund is the largest in the company's history, being 45% larger than the previous fund.
- Nordic Capital Partners has already invested in three companies: Riskshield, Equashield, and Cary group. All three companies are located in Europe.
| |
NEON has raised a $150M funding round to boost growth following its deals with Marvel and Warner Bros. The company is using the round to announce it is rebranding to its new name: NEON. More: - The company, formerly known as Cityneon, offers immersive experiences in several locations around the world.
- NEON uses intellectual property to provide immersive experiences with themes such as Avatar, Marvel's Avengers, Jurassic World, The Hunger Games, etc.
- The company also cooperates with public institutions, as it has recently reached deals with the governments of Egypt and Peru to create Ramses the Great and the Gold of the Pharaohs and Machu Picchu and the Golden Empires of Peru.
- NEON seeks to benefit from the post-pandemic travel momentum that has led to tourism reaching pre-pandemic numbers.
- 65 Equity Partners led the funding round.
| |
 A message from LAIKA If you’re trying to close deals, SOC 2 is probably a thorn in your side. What is it, and who cares? Your business needs SOC 2. But building compliance from scratch is complicated, time-consuming, and the cost can be crippling. Laika has you covered. Uncomplicate SOC 2 with our guide for growth-minded founders. In the guide by Laika you’ll learn: - What is SOC 2 compliance and why it matters for your startup
- How to close more deals faster by becoming SOC 2 compliant
- How to prepare for SOC 2 compliance
- What to expect in terms of time and cost
- What to do after the report is in
What makes Laika the authority on SOC 2? They’re the only compliance automation solution that was built by compliance experts. Learn how to turn compliance from a pain point into a secret edge over your competitors. Download Now 
| |
Udaan has raised a $120M funding round to help Indian merchants negotiate prices. The company seeks to expand its customer base of 3 million users. More: - Udaan counts Coca-Cola, PepsiCo, Boat Lifestyle, Micromax, HP, LG, ITC, HUL and P&G among some of its clients.
- In addition to its supply chain platform that offers merchants more transparency and helps with negotiating prices, the company helps small businesses with liquidity by providing them with working capital. Udaan uses its platform to determine what businesses should benefit from the service.
- The company raised the funding in convertible notes and debt, a trend in the Indian startup ecosystem this year.
| |
California-based Baukunst has raised a $100M funding round. The company aims to invest in creative technologists that merge technology and design in their products. More: - The fund will invest primarily in startups in North America and will write an average check of $500,000 to $2M.
- The firm has already made four investments in companies such as Five Flute, which is an issue-tracking platform embedded in Computer Aided Design software that aims to change the way engineering teams approach design collaboration.
- This fund is the company's first, and it will be officially named Fund I.
| |
 A message from SECURITY COMPASS The only secure developer training that is accredited by (ISC)² Our role-based, language-specific, secure developer training meets developers where they are in their knowledge and learning style to ensure they successfully develop and apply secure coding skills. Go beyond secure coding training. Retain talent, remain competitive, and stay compliant. We offer over 49 courses covering topics including: ● Defending AWS, .NET, Angular, Java, and more ● DevSecOps Fundamentals and DevSecOps for Managers ● Defending Containers, Kubernetes, Docker ● Secure Software Requirements, Design, Testing Explore language-specific, role-based, (ISC)² accredited secure developer training. Visit our page to browse our curriculum, try a free course, or speak to the team. See our approach
| |
Today's funding 💵 Venture Capital - Merced (Saudi Arabia), a VC firm focused on sustainability investments: $100M funding by external investors.
- Human Impact Capital (Germany), Germany's first social impact VC fund: $50M by external investors.
Artificial Intelligence - SiMa.AI (California), a machine learning MLSoC platform: $67M B1 led by MSD Partners with participation from Fidelity Management & Research Company, Amplify Partners, Dell Technologies Capital, Wing Venture Capital, Alter Venture Partners, +ND Capital, etc.
- All Stacks (North Carolina), uses AI to predict possible software development bugs and other issues: $12.3M A led by Companyon Ventures with participation from Atlassian Ventures, CreativeCo, Hyperplane Venture Capital, S3, and ClutchVC.
- Ask-AI (Tel Aviv), summarizes long forms of text into one or a few understandable sentences: $9M Seed led by Vertex Ventures and State of Mind Ventures.
SaaS - Unito (Canada), an enterprise workspace management platform: $20M growth led by CDPQ, with participation from Rainfall Ventures, Investissement Québec, Bessemer Venture Partners, Tom Williams, and Mistral Venture Partners.
- Impact Analytics (Maryland), provides planning, forecasting, merchandising, and end-to-end lifecycle pricing for retailers: $10M led by Argentum Capital Partners IV.
Web3/Cryptocurrency - Upside (Australia), a Decentralized Autonomous Organization that invests in startups: $5M growth by Apollo Capital, Banxa, Caleb & Brown, FTX Australia, etc.
| |
Quick Hits: - Scale up with this toolkit and get your brand on everyone’s wishlist.*
- Cente has raised a $15M B round. The company, based in, Bellevue, Washington, provides software that helps businesses gain visibility and manage their spending.
- London-based gynecological health company Daye has raised an $11.5M funding round led by Hambro Perks, MassMutual Ventures, Cross Border Impact Ventures, and Simplyhealth.
- Arf, a company that aims to provide payment settlement solutions through Web3 technology, has raised a $13M Seed round. The company is based in Zug, Switzerland.
- Battery Ventures and GreatPoint Ventures led a $7.5M Seed funding round in bit.io, a Silicon Valley startup that aims to help developers become productive with any Postgres database.
*This is sponsored content.
| |
Upcoming events at Inside: - October 25 - Meet Our Fund 4, an Inside.com Summit (Register Here)
- November 02 - AMA with Bill Glenn (Executive Chairman at Crenshaw Associates) (Register Here)
- November 09 - Synthetic data for more efficient, robust and ethical model development - Live AMA with Yashar Behzadi (CEO and Founder of Synthesis AI)* (Register Here)
- December 07 - Live AMA with Deividi Silva ( Head of Developer Relations at Gun.io) (Register Here)
*This is a sponsored listing.
| |
 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
Laika is a unified compliance platform that automates workflows for audits, infosec monitoring, and vendor due diligence in a single, collaborative space. | |
Security Compass delivers best-practice, role-based, accredited eLearning solutions. | |
Comments
Post a Comment