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Specialist investor Lever VC has held an $80m final close for its inaugural fund to back early-stage plant-based and cultivated meat and dairy companies. The firm said it is already actively speaking with investors to start raising for Fund II early next year.
Two private equity firms remain in the running for French utility Engie's Equans services unit after three buyout majors were reportedly struck off the list of bidders.
Australian design software company Canva has hit a $40bn valuation through its latest private equity and venture capital-backed investment round, becoming the fifth most valuable private startup in the world.