Private Equity & Private Capital News

New H&M-Backed Textile Recycling Startup Syre Raises $100 Million

New H&M-Backed Textile Recycling Startup Syre Raises $100 Million

Textile recycling startup Syre announced today that it has raised $100 million in a Series A financing round, aimed at supporting the company’s buildout. Founded earlier this year, Syre was launched by fashion and design brands company H&M Group and impact-focused venture investor Vargas, aimed at mass producing textile-to-textile recycled materials, and enabling a closed […]

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Grid Stability Solutions Provider Reactive Technologies Raises $31 Million

Grid Stability Solutions Provider Reactive Technologies Raises $31 Million

Grid stability solutions provider Reactive Technologies announced today that it has raised £25 million (US$31.4 million) in a Series D funding round, with proceeds aimed at supporting the company’s global expansion. Founded in 2010, UK and Finland-based Reactive Technologies provides grid resilience technology aimed at helping grid operators, utilities, and regulators transition to net zero […]

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Biotech Startup Cellugy Raises $5 Million to Replace Fossil-Based Ingredients in Personal Care Products

Biotech Startup Cellugy Raises $5 Million to Replace Fossil-Based Ingredients in Personal Care Products

Industrial biotech startup Cellugy announced today that it has raised €4.9 million (USD$5.3 million) in seed funding, with proceeds aimed at scaling up the production of its bio-based solution to replace fossil-based ingredients in personal care products. Founded in 2018, Denmark-based Cellugy provides fully bio-based and biodegradable alternatives to carbon-intensive petrochemicals. The company’s platform leverages […]

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Grid Stability Solutions Provider Reactive Technologies Raises $31 Million

Grid Stability Solutions Provider Reactive Technologies Raises $31 Million

Grid stability solutions provider Reactive Technologies announced today that it has raised £25 million (US$31.4 million) in a Series D funding round, with proceeds aimed at supporting the company’s global expansion. Founded in 2010, UK and Finland-based Reactive Technologies provides grid resilience technology aimed at helping grid operators, utilities, and regulators transition to net zero […]

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Climate-Focused VC ETF Partners Raises $310 Million for Sustainability Solutions Venture Fund

Climate-Focused VC ETF Partners Raises $310 Million for Sustainability Solutions Venture Fund

European sustainable venture capital firm ETF Partners announced today that it has raised €285 million (USD$310 million) at the completion of fundraising for its fourth fund. Founded in 2006, London, England-based ETF Partners invests in technology companies, supporting entrepreneurs and innovations addressing the global challenges presented by the climate crisis and enabling significant environmental impact.

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Bitkom-Studie: Deutsche Startups benötigen im Schnitt 2,7 Millionen Euro

Bitkom-Studie: Deutsche Startups benötigen im Schnitt 2,7 Millionen Euro

172 Tech-Startups hat der Digitalverband Bitkom zu ihrer finanziellen Situation befragen lassen. Das Ergebnis: 61 Prozent der Startups müssen innerhalb der nächsten beiden Jahre frisches Geld einsammeln, zwölf Prozent sogar fünf Millionen Euro oder mehr. Ein Drittel benötigt zwischen einer und fünf Millionen Euro, 17 Prozent weniger als eine Million Euro. Rund ein Viertel braucht […]

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Payment fintechs see Q1 uptick in buyouts

Payment fintechs see Q1 uptick in buyouts

While private equity buyout dealmaking shows new signs of life, certain subsectors of fintech have been especially fertile territory for PE buyers. According to a recent PitchBook analyst note, there were 16 US and Canadian fintech buyout deals in Q1—compared to 11 deals in the same period last year—with 38% of the deals falling under […]

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