Sundance Growth Closes $250M Fund II at Its Upper Limit
Sundance Growth closed its second software-focused growth fund at a $250 million target and upper limit, doubling its inaugural fund after just 15 months.
investment-strategies
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HEO Raises $25M Series B to Image Satellites in Geostationary Orbit
HEO raised a $25 million Series B led by Beaten Zone Venture Partners to expand its commercial satellite-imaging network from low-Earth into geostationary orbit.
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Paymob Raises $35M Pre-Series C From Mubadala and EBRD
Paymob raised a $35 million pre-Series C co-led by Mubadala and the EBRD, taking disclosed funding above $125 million.
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Amber Electric Raises €49M Series E for European Expansion
Amber Electric raised a €49 million Series E led by Morgan Stanley Investment Management's 1GT strategy, with E.ON participating.
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Geener Raises RMB630M Series C for AI Power Electronics
Geener raised RMB630 million in Series C financing for power electronics used in AI data centers, vehicles and industrial systems. Investors were not disclosed.
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Nex Secures $150M-Plus of Series E Equity and Debt
Nex secured more than $150 million through a Series E and a JPMorgan credit facility. The company did not disclose the equity-debt split.