Angela Sormani
Swoon Editions, an online furniture business has secured Series A funding to expand its business in the UK. Octopus Investments led the round with additional investment from Index Ventures.
Armstrong’s South East Asia Clean Energy Fund is funding the construction of a portfolio of mini-hydro power generation projects in Indonesia. Armstrong has committed $22.5 million to the mini-hydro plants.
Catch up on the latest after the weekend including Michigan Regents latest commitments, which fund managers are performing for Nevada, how the compensation structure of PE funds works and a look at the five phases of a GP's life cycle.
Funding Circle has raised $65 million in a Series D funding round led by Index Ventures with participation from existing investors. The business is an online marketplace for business lending.
SaaS mobile marketing platform Singular has closed a $5 million seed funding round. The funding comes from General Catalyst Partners.
RLJ Equity Partners has sold Media Source. Based in Plain City, Ohio, MSI is a provider of content, information and advice to the library market.
Dan Raveh has joined Commerce Ventures, a firm focused on mobile, payments and retail. Raveh is a Wharton 14' MBA graduate. Prior to Wharton, he spent 3 years executing technology investments at Viola Private Equity.
Actis has appointed Shami Nissan as a director in the responsible investment team. Nissan is based in the London office and takes up her post with immediate effect.
Genstar Capital has sold Evolution1 to WEX for $532.5 million. Evolution1 is a consumer directed health payments and technology business.
Balderton Capital has backed the Series B of Crowdcube. The business is an investment crowdfunding platform. Crowdcube plans to further expand its operations in the UK and internationally.