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  • News & Insights
Aviceda secures $207.5m for eye drug development, among other financings

Aviceda secures $207.5m for eye drug development, among other financings

by Andreea Melinti | Jan 10, 2025 | News

Aviceda Therapeutics has launched biotech financing in 2025 with a $207.5m raise to advance its lead drug for geographic atrophy, a sight-threatening disease, into pivotal trials. The Series C round, co-led by Omega Funds and TCGX, will support the ongoing phase 2/3...
OnPay secures $100m funding to enhance payroll software offerings

OnPay secures $100m funding to enhance payroll software offerings

by Andreea Melinti | Jan 10, 2025 | News

OnPay, a prominent provider of payroll, HR, and benefits solutions, has raised over $100m in new funding. The funding comprises a $63m Series B round led by Carrick Capital Partners, with additional backing from AB Private Credit Investors, AllianceBernstein’s...
Whatnot secures $5bn valuation, challenging TikTok Shop

Whatnot secures $5bn valuation, challenging TikTok Shop

by Andreea Melinti | Jan 10, 2025 | News

Livestream shopping platform Whatnot Inc. has raised $265m in a funding round led by Greycroft Partners and DST Global, bringing its valuation to $4.97bn. Founded in 2019, Whatnot has positioned itself as an alternative to TikTok’s shopping features. In the past...
Upcoming $300m strategic partnership between Mashura and Warburg Pincus

Upcoming $300m strategic partnership between Mashura and Warburg Pincus

by Andreea Melinti | Jan 10, 2025 | News

Mashura, a leading healthcare inventory intelligence platform, has announced a $300m strategic partnership with a newly established financing vehicle backed by Warburg Pincus, a pioneer in private equity growth investing. The partnership will support Mashura’s...
Private credit funds take control of Alacrity in $4.3bn restructuring backed by BlackRock

Private credit funds take control of Alacrity in $4.3bn restructuring backed by BlackRock

by Andreea Melinti | Jan 9, 2025 | News

A consortium of private credit funds, including Antares Capital, Blue Owl Capital, KKR, and Goldman Sachs Asset Management, has agreed to take control of Alacrity. BlackRock had previously acquired a controlling stake in the business from private equity firm Kohlberg...
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