Amarenco raises €300m led by Arjun Infrastructure to support its growth
Amarenco, a Franco-Irish company specialising in photovoltaic energy, has just completed a new round of capital raising for €300m. This latest round allows Arjun Infrastructure Partners, to acquire a minority stake in Amarenco. Arjun Infrastructure joins, alongside a pool of investors from the Crédit Agricole Group, Tikehau Capital, an alternative asset management group, which has made a significant contribution to Amarenco's growth since 2020.
Sapien Group takes controlling stake in digital loan platform Hashching
Sapien Group, a pan-Asia Pacific funds management group (including its fintech-focused venture capital arm Sapien Ventures), has announced that it has taken a controlling interest in Hashching, one of Australia’s fastest growing digital loan platform. And as part of the transaction, Sapien has led the latest capital raising round to turbocharge the business.
Exolyt raises €450K pre-seed to bolster its TikTok analytics offering
Exolyt, a B2B SaaS platform offering TikTok insights, raised 450,000€ in pre-seed from Trado Capital and Founder’s Edge from Finland. The funds will be used to scale the development of higher-value analytics features for business end-users and expand sales and marketing. Businesses of all sizes are grappling with fast-moving short video platforms, especially Tiktok. It creates large amounts of content at a high speed which makes it challenging for businesses to follow, examine and identify key trends. With a mission to help businesses navigate this ecosystem, Exolyt has built an AI-powered platform that interprets TikTok user behavior and performance analytics to give businesses a foresight into the brand’s growth potential.
Growfin raises $7.5m led by SWC Global to help CFOs rescue cashflow
The prevailing economic conditions with a looming recession, correcting valuations and a tough fundraising environment have meant companies are zooming in on optimizing their cash flow to establish a sustainable growth pathway. Helping these companies get a focussed lens, fintech startup Growfin has announced a $7.5 million Series A funding round to further provide real-time visibility and predictability in cash flow for modern Chief Financial Officers.
Neocol gets funding from Salesforce Ventures to accelerate growth plans
Neocol, an organization which helps subscription companies scale and grow, has secured a round of funding with Salesforce Ventures to further enable its aggressive growth plans, enablement of its talent, and deeper alignment with industry specific solutions and IP. Neocol is also excited to share that industry veterans Adam Peth, Vice President of Solution and Technology Consulting, and Paul Buckley, Vice President of Delivery Excellence and Operations have joined the firm to help scale delivery effectiveness and customer success.
Australian boating service Floatspace launches a crowdfund with Equitise
Floatspace, one of Australia’s fastest growing boating platform, launched its new proprietary software “Boatbooked” as it raises capital to keep up with growing hype in the business. The online boating platform enables people to easily book a boat for any event on the water. Powered by its proprietary technology “Boatbooked '' streamlines the customer journey from initial inquiry to boarding the boat, with real-time availability, live pricing, and automations creating a seamless experience for both customers and boat owners.
New pre-accelerator funding to help Victorian women break into startups, grants of up to...
The next generation of women entrepreneurs will get the startup support they need with a new grant round from LaunchVic. Grants of up to $300,000 are available for organisations to run pre-accelerator programs that equip women founders with the advice, support and networks required to build a minimum viable product and find their first customer.
Quell raises $10 million to bolster the future of fitness gaming technology
Quell, the UK-based fitness gaming developer and publisher pioneering the future of fitness gaming tech, announced the completion of a $10m Series A funding round led by Tencent with follow-on investment from Khosla Ventures, Heartcore Capital, Social Impact Capital and entrepreneur Naval Ravikant. This round brings Quell’s total financing to $15.6m.
ABO launches an investment branch to offer alternative financing solutions
Alpha Blue Ocean (ABO), based in the Bahamas and Dubai, United Arab Emirates (UAE), has launched a new investment company, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space. Leveraging ABO's experience as a structured Private Investments in Public Equity (PIPE) investor with over $2bn in executed financing commitments over the last five years, ABO Digital will bring institutional-grade expertise to the digital asset and blockchain industry.
Fantasy esports provider E-GO APP closes capital injection of $500,000
E-GO APP, a provider of fantasy esports, has performed a capital injection of $300,000 despite difficult financial and geopolitical times. The capital is a combination of a pre-seed round and a growth loan from a large bank in Sweden. There is also an option of additional $200,000 in growth loans from another Swedish bank during the second half of 2023.