Opportunity Fund

Government of Canada invests in skills training and career advancements for persons with disabilities

Retrieved on: 
Thursday, June 1, 2023

This $16 million investment through the Skills for Success program will provide training for over 7,400 Canadians, and some of these projects will serve persons with disabilities.

Key Points: 
  • This $16 million investment through the Skills for Success program will provide training for over 7,400 Canadians, and some of these projects will serve persons with disabilities.
  • It also supports the Government of Canada's Disability Inclusion Action Plan, which includes the employment strategy for Canadians with disabilities.
  • "Creating a disability-inclusive Canada means making sure employers have the tools they need to hire and develop persons with disabilities in their careers.
  • A nationwide week of recognition, National AccessAbility Week marks the many social, economic, cultural and political achievements of persons with disabilities.

Moonfire Ventures Raises $115m Fund to Back and Scale the Best Early-Stage Startups in Europe

Retrieved on: 
Wednesday, May 24, 2023

Moonfire Ventures is today announcing it has raised $115 million to continue backing Europe’s best early-stage startups.

Key Points: 
  • Moonfire Ventures is today announcing it has raised $115 million to continue backing Europe’s best early-stage startups.
  • Since its launch in 2020, by former Atomico co-founder Mattias Ljungman, Moonfire has been building the most advanced quantitative VC firm in Europe.
  • Having defined this approach with Fund I, Moonfire is taking it to the next level with Fund II.
  • In addition to its $90M Fund II, the firm has raised $25M to double down on its winners via its Opportunity Fund.

Aviation.One Fund Launches, Seeks Investors

Retrieved on: 
Monday, April 3, 2023

The fund leverages the expertise of seasoned professionals in aviation, real estate, operations and asset management to optimize returns on investments.

Key Points: 
  • The fund leverages the expertise of seasoned professionals in aviation, real estate, operations and asset management to optimize returns on investments.
  • By participating in a QOF, investors have the potential to defer, reduce or even eliminate capital gains taxes and utilize additional tax incentives.
  • Aviation.One's vision is to establish itself as a leader in aviation services, delivering outstanding value to both customers and investors.
  • Investors interested in learning more about the Aviation.One Fund and its offerings are encouraged to visit our website or contact our team for additional information.

Kroll, via the & Opportunity Fund, Invests in EverC, Championing the Growth of the Fraud Detection Technology Ecosystem

Retrieved on: 
Wednesday, March 29, 2023

Increased cyberattacks and illicit ecommerce activity around the world have escalated demand for reliable and AI-driven fraud detection and prevention tools in the payments industry, which is a high value target due to its links to financial institutions, volume of users, and access to personal data.

Key Points: 
  • Increased cyberattacks and illicit ecommerce activity around the world have escalated demand for reliable and AI-driven fraud detection and prevention tools in the payments industry, which is a high value target due to its links to financial institutions, volume of users, and access to personal data.
  • Don Carey from the & Opportunity Fund and Head of Kroll Digital Services, said, “The Fund’s investment in EverC is a strong complement to Kroll’s core mission of identifying, managing and resolving risk.
  • Working so closely together offers a significant competitive advantage,” said Ariel Tiger, CEO of EverC.
  • Both companies will continue to collaborate on insights that the companies plan to share as the partnership develops.

Following Recent $325 Million Fund IV Closing, Camber Creek Raises over $100 million for Opportunity Fund I for Investment in Real Estate Technology

Retrieved on: 
Wednesday, February 15, 2023

WASHINGTON, Feb. 15, 2023 /PRNewswire/ -- Camber Creek, a global financial platform focused on driving innovation in the real estate industry, announced that it exceeded its target for Opportunity Fund I with capital commitments of over $100 million. In 2022, Camber Creek closed its fourth core venture fund, which it oversubscribed with $325 million in capital commitments. The Opportunity Fund, whose Limited Partners include existing and new institutional and strategic investors, gives the firm an opportunity to retain its pro rata on earlier investments as well as invest in opportunities unique to the current market environment.

Key Points: 
  • In 2022, Camber Creek closed its fourth core venture fund, which it oversubscribed with $325 million in capital commitments.
  • Camber Creek now has over 300 strategic Limited Partners representing leading global real estate owners, operators, and service providers.
  • Camber Creek invests in leading proptech companies, including Arcadia, Bilt Rewards, Curbio, Flex, HappyCo, Measurbl, Notarize, and VTS.
  • "The current market environment is providing some exciting investment opportunities at attractive valuations," said Jake Fingert, a Partner at Camber Creek.

Post Harvest Technologies Announces Executive Promotion

Retrieved on: 
Wednesday, January 25, 2023

Nick Stoll has been named Chief Administrative Officer (CAO) of Post Harvest Technologies, Inc. (PHT) and its subsidiary companies, all of which are aligned in the Cold Storage and Pre-Cooling space.

Key Points: 
  • Nick Stoll has been named Chief Administrative Officer (CAO) of Post Harvest Technologies, Inc. (PHT) and its subsidiary companies, all of which are aligned in the Cold Storage and Pre-Cooling space.
  • “I am delighted to install Nick Stoll as our new Chief Administrative Officer,” said Jim White, PhD, Chairman and CEO of Post Harvest Technologies.
  • He served Growers Ice Company, one of our portfolio companies, as Controller for many years before becoming Corporate Controller of PHT.
  • “I look forward to contributing to Post Harvest Technology’s mission of excellence and maintaining our title as the nation’s winning team in Cold Storage and Pre-Cooling.”
    Dr. Jim White is founder and CEO of PHT Investment Group LLC, as well as Chairman and CEO of Post Harvest Technologies, Inc. and Growers Ice Company, Inc.

Major Players in AgTech Merge

Retrieved on: 
Tuesday, January 24, 2023

Growers Custom Equipment, LLC, headquartered in Yuma, AZ., and Facilities Management Group, LLC, of Salinas, have merged effective January 1, 2023.

Key Points: 
  • Growers Custom Equipment, LLC, headquartered in Yuma, AZ., and Facilities Management Group, LLC, of Salinas, have merged effective January 1, 2023.
  • It custom designs, engineers and manufactures products, reaching end users nationwide.
  • Its array of cooling systems includes hydrocoolers, vacuum tubes, ice injectors, and ice storage units.
  • GCE’s sister company, Facilities Management Group, provides service, maintenance, repairs, parts sales, consulting, and operational expertise for facility operators in the cold storage industry.

The Global Micro Lending Market size is expected to reach $65.4 billion by 2028, rising at a market growth of 12.8% CAGR during the forecast period

Retrieved on: 
Monday, November 28, 2022

Key Points: 
  • NEW YORK, Nov. 28, 2022 /PRNewswire/ -- The Global Micro Lending Market size is expected to reach $65.4 billion by 2028, rising at a market growth of 12.8% CAGR during the forecast period.
  • The process of giving small loans, or microloans, to proprietors of small businesses is known as micro lending.
  • There are a variety of reasons why a borrower could need money, all of which are disclosed to prospective lenders.
  • On the basis of end user, the micro lending market is divided into solo entrepreneurs & individuals and micro, small & medium enterprises.

Modine Celebrates Opening of U.S. Chiller Plant Serving the Data Center Market

Retrieved on: 
Tuesday, November 8, 2022

RACINE, Wis., Nov. 8, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, officially marked the launch of its new production facility in Rockbridge, Virginia, with a ribbon-cutting ceremony. The newly repurposed plant, previously a warehouse, will manufacture cooling solutions under the Airedale by Modine™ brand to capture opportunities in the growing data center industry. The ribbon cutting ceremony was attended by Modine employees and local government officials including Representative Ben Cline (VA-06), Lexington Mayor Frank Friedman, and representatives from the Rockbridge County Board of Supervisors and the Virginia Economic Development Partnership.

Key Points: 
  • The newly repurposed plant, previously a warehouse, will manufacture cooling solutions under the Airedale by Modine brand to capture opportunities in the growing data center industry.
  • Neil Brinker, Modine President and CEO; Eric McGinnis, President, Modine Climate Solutions; and Rockbridge Plant Manager Thomas Johnson hosted guests on a tour of the new facility and explained why it is ideally located to serve the U.S. data center market.
  • Virginia is the largest data center market in the world and Northern Virginia is home to more than 20% of all known hyperscale data centers worldwide.
  • "The demand for data is growing exponentially," said Brinker, "and the Rockbridge plant positions Modine to offer a full range of cooling solutions to serve North America customers in the growing data center market.

TAGS Commerce Launches Out Of Stealth & Announces Funding

Retrieved on: 
Tuesday, November 1, 2022

Today TAGS Commerce (TAGS; formerly Boost), which generates instant checkouts (Tags) that turn all online and offline media into checkout points, announces a new name and $3.5 million in pre-seed funding.

Key Points: 
  • Today TAGS Commerce (TAGS; formerly Boost), which generates instant checkouts (Tags) that turn all online and offline media into checkout points, announces a new name and $3.5 million in pre-seed funding.
  • QR Tags can be used for instant purchasing at physical locations, on products for repurchasing or onprint materials, like magazines or brochures.
  • Today, TAGS introduces a new layer of commerce, pollinating the world with transactional opportunity, says Founder & CEO, Daniel Abas.
  • Led by Founder & CEO, Daniel Abas, Los Angeles-based TAGS Commerce generates instant checkouts (Tags) that turn all online and offline media into checkout points.