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This week’s family/private investment office deals

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Deal of the Week

We have launched a new Deal of the Week section, where Family Capital accesses all of the transactions over the last week and highlights the one we feel is of particular interest from an investment perspective. 

This week we look at Acropolis Capital’s investment into UK-based hospitality and real estate group. More details here. 

Post-IPO Funding 

Ospraie Ag Sciences, a venture group set up by hedge fund manager Dwight W. Anderson, has invested in Plant Health Care, an agri-tech group. Ospraie committed $3 million to the North Carolina-based group. 

Ross Creek Capital Management, a San Francisco-based investment group owned by Wyatt Gruber, has invested in WANdisco, a big data platform. Ross Creek was one of seven investors committing $16.5 million to the Californian-based group. 

Private Equity

Bregal Sagemount, a New York City-based investment group owned by the Brenninkmeijer family, a German-Dutch dynasty, has invested in SurePrep, a computer software company that provides tax automation software. Bregal committed an unspecified amount to the Californian-based group. 

Unspecified Round

LocalGlobe, an impact investment-led group set up by father and son combo Robin and Saul Klein, has invested in Trouva, an e-commerce platform. LocalGlobe was one of five investors committing £17 million to the London-based group.  

Seed 

WFG Family Ventures, an investment group owned by the Houston-based Galtney family, who sold an insurance group back in the 2000s, has invested in LeggUP, a human resource platform. WFG seeded the Californian-based startup with $2 million. 

Vulcan Capital, the Seattle-based investment group owned by Jody Allen, has invested in Fresh Chalk, a communities platform. Vulcan was one of three investors seeding the Seattle and Austin-based startup with $2 million.  

Equitrust, a venture group owned by the Choueiri family, which in turn own the Dubai-base media group Choueiri Group, has invested in Invygo, a car-sharing platform. Equitrust was one of five investors committing $1 million to the Dubai-based startup. 

Series A 

Nadathur Holdings, the family investment group of Indian tech billionaire N.S. Raghavan, has invested in Quilt.AI, a platform that indexes and clusters millions of human conversations. Nadathur committed $9 million to the Singapore-based group. 

Marinya Capital, an investment office owned by members of the Australian Fairfax family, has invested in v2food, a plant-based meat producer. Marinya invested alongside  Horizons Ventures, the Hong Kong venture group owned by multi-billionaire Li Ka-Shing, and two other investors with a total commitment of $35 million for the Sydney-based group 

Inventures, an investment group owned by the Munich-based Australian entrepreneur Chris Hitchen, has invested in Cognigy, an AI customer service platform. Inventures was one of three investors committing €5.5 million to the San Francisco-based group. 

Kyber Capital, an investment group owned by Hong Kong-based investor Thomas Hu, has invested in BigGo, a search engine platform. Kyber was one of three investors committing $5 million to the Taiwan-based group.  

Alexandria Venture Investments, a private investment vehicle of Joel Marcus, has invested in Immunitas Therapeutics, a biotech group. Alexandria was one of four investors committing $39 million to the Boston-based group.

Comhar Capital, owned by two UK-based entrepreneurs Craig Wilkinson and Neil Armstrong, has invested in Panintelligence, a business intelligence software platform. Comhar was one of two investors committing £4.5 million to the UK-based group. 

Series B 

First Fellow Partners, a family office set up by the Finnish tech entrepreneur Risto Siilasmaa, has invested in Detectify, a SaaS-based tool for security analysis of web applications. First Fellow was one of five investors committing $21 million to the Swedish group. 

Thrive Capital, an investment fund owned by Joshua Kushner, has invested in Rightway Healthcare. Thrive committed $20 million to the New York City-based healthcare group.

Horizons Ventures, see above for ownership, has invested in Genvid Technologies, an eSports platform. Horizons was one of seven investors committing $37 million to the New York City-based group. 

Series C 

Arena Holdings, an investment group owned by US-based hedge fund manager Feroz Dewan, has invested in Celonis, a German-based big data platform. Arena led the round, worth $290 million; four others participated.

Series E 

Wildcat Capital Management, a family investment group owned by David Bonderman, has invested in Skillz, a gaming platform. Wildcat was one of four investors committing an unspecified amount to the San Francisco-based group. Wildcat had backed Skillz in early rounds. 

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