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Crypto exchange Bitget launches $100m fund to invest in Web3 projects. (FS)
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San Quirico, an investment holding, completed a €500m ($546m) investment in MinervaHub S.p.A. , a provider of items for the high-end fashion sector.
This operation will allow MinervaHub's accelerated development thanks to financial, commercial and manufacturing synergies. The plan is to continue to expand MinervaHub through additional mergers and acquisitions strengthening its production capacity and expand its product portfolio.
Xenon Private Equity was advised by Rothschild & Co .
Emirates Telecommunications, an Emirati-based multinational telecommunications services provider, agreed to acquire a 50.3% stake in the Careem super app from Uber , a global mobility company, for $400m.
This investment is in line with e &'s strategic ambition of scaling up consumer digital offerings and accelerating its transformation to a global technology and investments group. It provides e& with access to multiple digital verticals, new innovative digital services, strong talent, and new geographies.
Bain Capital , an American private investment firm, led a $215m Series F round in Heartflow , a precision heart care company, with participation from Janus Henderson Investors , Baillie Gifford , Capricorn Investment Group , Hayfin Capital Management LLP , HealthCor Management, L.P. , Martis Capital , USVP and Wellington Management .
"HeartFlow has built a strong intellectual property portfolio, brought to market the only combined anatomy, physiology, and plaque analysis to help diagnose and treat heart disease, and is now in over 725 hospital systems worldwide with over 180k patients served to date. The oversubscription of our Series F funding round, particularly in the current market backdrop, is a strong validation of our technology, our team, and the opportunity in front of us. We appreciate the support of our investors, both existing and new, who share HeartFlow's vision to build a new standard of care for people at risk of heart disease," John Farquhar, HeartFlow CEO.
HeartFlow was advised by J.P. 摩根 .
NV5 , a provider of professional and technical engineering and consulting solutions, completed the acquisition of the geospatial software business from L3Harris Technologies , an American technology company. Financial terms were not disclosed.?
“This acquisition supports NV5’s expansion in a subscription-based geospatial product and service model and strengthens our role in supporting the nation’s defense and intelligence communities through geospatial information management and analytics. As the only provider of software solutions to analyze over 200 geospatial data types and comprehensive in-house LiDAR, topobathymetric LiDAR, and full ocean depth sonar capabilities, NV5 has built a distinct competitive advantage and robust platform to support accelerated organic growth,” Dickerson Wright, NV5 Chairman and CEO.
Crypto exchange Bitget launches $100m fund to invest in Web3 projects. (FS)
Crypto derivatives exchange Bitget has launched a new fund targeting next-generation Web3 projects and businesses in Asia, with an initial investment of $100m,?DealStreetAsia?reported.
The Seychelles-based firm said the fund is self-funded, adding that Bitget is debt-free with adequate cash flow.
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