This week’s family/private investment office deals

Family Capital’s Deal of the Week involves a family office committing to two investments in ventures pursuing cutting edge technologies to cure neurological diseases. More details here

Private Equity

D1 Capital Partners, an investment group founded by former hedge fund manager Daniel Sundheim, has invested in Lineage Logistics, a logistics company. D1 was one of seven investors committing $1.6 billion to the Detriot-based group. 

Unspecified Rounds

Fertitta Capital, the investment firm owned by Lorenzo Joseph Fertitta, together with Pohlad Companies, the family investment group of the Pohlad family, have invested in DoJoMadness,  an esports startup. The two joined one other investor with a commitment of $6 million for the Berlin, Germany based group.  

Myer Family Investments, an investment group controlled by the Australian Myer family, has invested in Veem, a payment service provider. Myer was one of eleven investors committing $31 million to the San Francisco-based group. 

Kinnevik, the Swedish investment group owned by the Stenbeck, Klingspor and von Horn families, together with Karl-Johan Persson, the billionaire family owned of the retail group H&M, have invested in Joint Academy, a healthcare group. The two investors joined one other in a $23 million investment into the Swedish group. 

BNF Capital, a London-based investment office owned by members of the Anglo-French Perrodo family, has invested in Urban Message, a B2C and B2B technology marketplace that connects wellness professionals with buyers. BNF committed £6 million to the London-based group.

Burman Family Holdings, the London and New Delhi-based investment office of the Burman family, has invested in Melorra, an online jewellery platform. Burman Family Holdings was one of five investors committing $12.5 million to the Indian-based group.  

Seed

Winklevoss Capital, the investment group owned by the Winklevoss brothers Cameron and Tyler, together with Harris Blitzer Sports & Entertainment, an investment group owned by Joshua Harris and David Blitzer, prominent private equity specialists, have invested in Artie, a platform for next-gen mobile games. The two investors joined three others to commit $3.6 million to the Los Angeles-based startup. 

IPGL, the investment office of Michael Spencer, a well-known London financier, has invested in Digital Debt Capital Markets, a fintech company. IPGL led the deal worth £4.3 million, one other investor participated in the round for the UK-based startup. 

Fisk Ventures, an investment group owned by H. Fisk Johnson, chairman and CEO of S.C. Johnson, has invested in Senet, a low cost, long-distance sensor network, and SaaS applications platform. Fisk committed $16 million to the New Hampshire-based group. 

Vulpes Investment Management, a Singapore investment group owned by Stephen Diggle, has invested in Ampverse, an esports entertainment company. Vulpes was one of six investors seeding the Singapore-based group with an unspecified amount. 

A group of California tech billionaires and celebrities including Mark Cuban, Marc Benioff, Ashton Kutcher, Gwyneth Paltrow, and Dara Khosrowshahi, have invested in  Cloud Paper, a Seattle-based tree-free paper manufacturer that makes paper products with 100% bamboo. These five investors joined 10 others to commit $3 million to the startup. 

Series A

Optima Investments, a Dutch-based family office owned by investor Brian Reaves, has invested in Factris, which specializes in SME financing, factoring, and debt management. Optima was one of three investors committing €5 million to the Amsterdam-based group. 

EQT Ventures, the Wallenberg family-backed venture fund, has invested in SeeQC, a semiconductor company. EQT led the investment round worth $22.4 million for the New York-based group; five other investors participated.  

Harrison Metal, and investment group owned by tech investor Michael Dearing, has invested in X1 Card, a payments card platform. Harrison Metal was one of three investors committing $10 million to the San Francisco-based group. 

Koch Disruptive Technologies, the venture group owned by Chase Koch, the son of multi-billionaire Charles Koch, together with New York City-based Nima Capital, the family office of Suna Said, and  Awz Ventures, a Canadian investment group owned by Edward Sonshine, a real estate investor, have invested in DeepCube, a platform that generates neural networks that use processing power and memory. The three investors committing $7 million to the Israel-based group. 

M&L Healthcare Investments, an investment vehicle owned by the Singapore-based Kum family, has invested in Pedra Technology, a Singapore-based biotech company. M&L was one of two investors committing $2.7 million to the group. 

Palm Tree Crew Investments, an investment group owned by music producer Kygo and his manager Myles Shear, has invested in Daring Foods, which produces plant-based chicken. Palm was one of six investors committing $8 million to the Los Angeles-based group. 

Leslie Ventures, an investment group owned by American entrepreneur Mark Leslie, has invested in Osso VR, a virtual reality surgical simulation platform. Leslie was one of six investors committing $14 million to the Boston-based group.  

Valar Ventures, Peter Thiel’s New York City-based investment group, together with Presight Capital, an investment group owned by investor Christian Angermayer, and Unbound, a London-based investment group owned by Shravin Mittal, one of the twin sons of Sunil Mittal, chairman, Bharti Enterprises, have invested in Syfe, a digital wealth manager platform. The three investors committed $18.6 million to the London-based group. 

Series B

UK-based biotech company Immune Regulation has raised $53 million via a funding round led by the Chan family of Hong Kong. The Chans invested through Morningside Ventures, an early backer to taxi-ordering app Hailo. They are founders of Hang Lung, the Hong Kong property group whose chairman Ronnie Chan is said to be worth $2.4 billion. As part of the biotech funding, Zurich-based Metellus invested $7.8 million. Metellus is a private investment office said to represent wealthy, but highly discreet, investors wanting to invest in life sciences and technology. 24Haymarket, a group of London-based angel investors, is a long-standing backer to Immune Regulation and it has invested more money in the venture. 

Sound Ventures, a venture capital firm founded by Ashton Kutcher and Guy Oseary, has invested in Papa, a platform that connects college students to senior citizens for companionship and assistance. Sound was one of 10 investors committing $18 million to the Miami-based group. 

KKCG, a Swiss-based investment group owned by Karel Komárek, a Czech entrepreneur and investor, has invested in Freeletics, a digital fitness company. KKCG was one of three investors committing $25 million to the German-based group. 

Square Peg Capital, a venture capital firm/fund with strong links to one of Australia’s wealthiest families, the Libermans, has invested in Aidoc, which specializes in developing artificial intelligence tools for radiologists. Square Peg committed $20 million to the Israel-based group. 

Series C 

Bonnier Ventures, a corporate venturing group owned by the family-controlled publisher Bonnier, together with Atomico, the London-based venture group owned by and led by Skype co-founder Niklas Zennström,  Astanor Ventures, a London-based principal investment group of Eric Archambeau, and Franz Haniel, the German family-owned investment group, have invested in Infarm, which builds and distributes vertical farms. The four investors joined five others in an investment worth $170 million for the Berlin-based group. 

The Pritzker Organization, an investment office owned by Thomas Pritzker, together with Alan Howard, a UK hedge fund billionaire, have invested in Signifier Medical Technologies, a medical device company. The investment of $10 million was led by Howard; Pritzker and two other investors participated in the deal for the UK-based group. 

MSD Capital and MSD Partners, New York City investment groups owned by Michael Dell, together with Willett Advisors, Michael Bloomberg’s family office, have invested in Finch Therapeutics, a microbiome development company for patients with serious unmet medical needs. The two investors joined 11 others in a $90 million investment in the Boston-based group. 

Series D

L Catterton, the private equity group backed by Bernard Arnault, CEO and chairman of LVMH, together with Mousse Partners, an investment group owned by Charles Heilbronn, have invested in Tonal, a smart home gym platform. The two investors joined 13 others in a $110 million investment in the San Francisco-based group. 

Billionaire property developer Vincent Tchenguiz, possibly through his UK investment group Librae Holdings, has invested in BioProtect, a medical device company. Tchenguiz was one of five investors committing $25 million to the Israel-based group. 

Series E

D1 Capital Partners, an investment group founded by former hedge fund manager Daniel Sundheim, has invested in GOAT Group, an e-commerce platform for sneakers. D1 committed $100 million to the Los Angeles-based group. 

Series F 

Access Technology Ventures, an investment group owned Russian/American investor Len Blavatnik, has invested in Chime, a fintech company. Access was one of eight investors committing $485 million to the San Francisco-based group. 

Series G

D1 Capital Partners, an investment group founded by former hedge fund manager Daniel Sundheim, has invested in Robinhood, a fintech group. D1 was one of six investors committing $460 million to the San Francisco-based group.