Zong, a company originally from Switzerland specializing in mobile payments. For the London-based VC fund Advent Venture Partners, this constitutes the third successful exit of the year. Frederic Court, who has been a General Partner at Advent Ventures for the last ten years, shares his opinion regarding the exit environment in Europe. Are M&A opportunities increasing for local startups? → Read More
Alternative asset manager, The Carlyle Group, has acquired the visual effects software developer, The Foundry, from Advent Venture Partners and “other stakeholders”. Terms of the deal were not disclosed.
London-headquartered The Foundry provides technology to major feature film studios and post production houses in the US and UK, while its software been has used in the production of award-winning… → Read More