Investcorp to back Chinese tech fund

Investcorp has agreed to invest up to $150 million in China Everbright Limited New Economy Fund LP and a co-investment of up to $100 million. The fund, which secured a commitment of $313 from other investors in its first round, invests in Chinese technology companies.

108 Views

Westhook invests in Metco Landscape

Westhook Capital has made an investment in Aurora, Colorado-based Metco Landscape, a provider of landscaping installation and maintenance services. No financial terms were disclosed. Ceibass Venture Partners LLC provided financial advice to Metco on the transaction.

129 Views

NEA leads $95 mln round for Enigma

New York-based Enigma, a data-as-a-service company, has secured $95 million in financing. New Enterprise Associates led the round with participation from other investors that included BB&T, Capital One Growth Ventures, MetLife, Third Point, Glynn Capital, Comcast Ventures, Crosslink Capital, Two Sigma Ventures and the Partnership Fund for NYC.

135 Views

Marketing tech company Bread amasses $60 mln

Bread, a marketing tech company, has secured $60 million in financing. Kinnevik led the round with participation from other investors that included Bessemer Venture Partners, Menlo Ventures, RRE Ventures, Colle Capital Partners and Cue Ball.

UiPath fetches $225 mln Series C

New York City-based UiPath, an enterprise robotic process automation software company, has raised $225 million in Series C funding. CapitalG and Sequoia Capital led the round with participation from Accel.

Divido snags $15 mln Series A

Divido, the consumer finance platform for retailers, lenders and payment intermediaries, has secured $15 million in Series A funding. Dawn Capital and DN Capital led the round.

Indigo locks in $250 mln Series E

Boston-based Indigo Ag Inc, which is focused on “harnessing nature to help farmers sustainably feed the planet,” has secured $250 million in Series E funding. The investors included Baillie Gifford, Investment Corporation of Dubai, the Alaska Permanent Fund and Flagship Pioneering.

WayRay picks up $80 mln Series C

Zurich-based WayRay, a provider of holographic AR displays for cars, has raised $80 million in Series C funding. The investors included Porsche, Hyundai Motor, Alibaba Group and China Merchants Capital.

361 Views

PE-backed DrillingInfo acquires Oildex

Drillinginfo, which is backed by Genstar Capital, has acquired Denver-based Oildex, the largest oil and gas financial automation software. No financial terms were disclosed. Oildex is a portfolio company of Accel-KKR.UPDATE: Accel-KKR’s return on invested capital for Oildex is more than 4x, a source familiar said.

Postmates racks up $300 mln

San Francisco-based Postmates, an on-demand delivery company, has raised $300 million in funding. Tiger Global Management LLC led the round. In conjunction with the funding, Tiger Capital’s Scott Schleifer will join the Postmates board of directors.