Kolleno, a London-based fintech start-up specializing in Accounts Receivable (AR) management for SMEs, has attracted £4M ($5.4M) in seed funding led by Eurazeo and Stride.VC, with participation from Euler Hermes, HubSpot and several angel investors including Michael Pennington, Mark Ransford, and Will Neale.
London’s Stride VC raised second $138.6M seed fund, hunts for third partner
Stride VC, a London-based seed investment fund, has raised its second fund, which will be £100 million ($138.6 million) identical to its first fund. The fund will invest primarily in London startups but also look at select European opportunities.
The breakup of the LPs in the fund is 10% fund of funds, 60% other institutional, 28% family offices and 10% individuals. Stride said some 80% of this new fund came from returning LPs, and 20% from two new unnamed institutional investors. Stride does not have any public or government investment.
Investors include the founders of Cazoo, King, PillPack and Dott, and institutional investors such as Delin Ventures, Draper Esprit, Mubadala and CNP (Groupe Frere).
Today in European Tech: Bolt moves into car sharing, Razor Group nabs $400 million, new funds for Stride VC, Proptech1 and Rockstart
Deals
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Razor Group, a Berlin-based startup buying up promising Amazon sellers and scaling them into bigger, multi-channel businesses, has closed financing of $400 million to scale.
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Switzerland-based cybersecurity firm Acronis has raised over $250 million in a new funding round from CVC Capital Partners VII and additional investors including Goldman Sachs. With this round, the company now has a valuation of $2.5 billion.
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Finnish fitness ring maker Oura has raised $100 million Series C funding in a round led by The Chernin Group and Elysian Park.
London s Stride VC raised second $138 6M seed fund, hunts for third partner yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.