Ticketing-as-a-Service software provider Red61 closes a late seed investment round, signs key new clients & plans for further growth with a Series A round prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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Totaling $1.5B for the 2019-2020 family of funds, TTCP has also expanded its team
SAN FRANCISCO, May 13, 2021 /PRNewswire/ Top Tier Capital Partners (TTCP) today announced it has closed on nearly €260 million EU (approximately USD 310 million) in new capital commitments for a dedicated European investment fund, exceeding its target of €250 million. This builds on the nearly $1.2 billion raised for Top Tier Venture Capital IX, Top Tier Venture Velocity Fund 3, and related separate accounts, bringing the total capital committed across the family of funds to $1.5 billion. Focused almost entirely on European funds with some investments in Israel, the Luxembourg-based investment fund seeks to invest broadly across the region, including in niche-focused venture funds and high-growth, expansion-stage technology startups. The fund will also invest into strategic secondaries and co-investments.
Liberis doubles down on embedded business finance, exclusively offering solutions through partners 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.
A venture capital fund in the Republic has said it hopes a new €135m (£116m) fund can be used to support some SMEs in Northern Ireland.
MML Growth Capital Partners Ireland has already supported Lowe Rental in Lisburn and Ashdale Care, based in Co Tyrone.
It provides growth capital to SMEs for purposes including expansion, acquisitions and management buyouts.
In 2018, catering rentals company Lowe Rental sold a majority share to Perwyn in London for £60m in one of NI s biggest private equity deals.
The deal with Perwyn was done after MML realised its investment in Lowe Rental, made in 2014. Its interest in Ashdale, which provides specialist residential care to young people and is based in Ballygawley, is still active.