BlackRock manages investment funds and provides capital to growing technology and healthcare enterprises.
Portfolio
8
companies
10x Banking
10x Banking operates a cloud native SaaS core bank operating system for financial institutions.
Wagestream
Financial benefits provider delivering services for low and middle-income workers.
Snyk
Snyk provides developer security tools to help enterprises build software securely.
Elvie
Elvie develops consumer technology products for women across various life stages.
Quanta Dialysis Technologies
Quanta Dialysis Technologies provides compact dialysis systems for clinical and home use.
10x Future Technologies
10x Future Technologies builds cloud native core banking systems for major financial institutions.
Exscientia
Exscientia builds artificial intelligence platforms to design and discover new medicines.
Arrival
Arrival manufactures commercial electric vehicles through a modular microfactory approach.
Persefoni Noulika
Director
Persefoni brings private equity and investment experience from roles at BlackRock and Pala Investments. She currently leads finant.ai as founder and chief executive.
LinkedInThe investment was led by existing backers BlackRock and JPMorgan Chase to support the company as it scales its core banking technology.
"There has never been a more exciting time for banking transformation and core modernization, as banks across the world embark on this journey"
The financing comprises equity led by Smash Capital and BlackRock alongside debt from Silicon Valley Bank.
"Financial exclusion and a rising cost of living have created severe financial stress for hard-working people around the world,"
The funding round values the developer security platform at £8.5bn.
"This new investment, together with the rapid adoption of our platform and growing customer base, validates our developer security vision,"
The Series C round was led by BGF with participation from BlackRock, Hiro Capital, Westerly Winds, Octopus Ventures and IPGL.
"Elvie has already revolutionized every category it has entered – but we know that we have barely scratched the surface of what is possible for women’s tech."
The financing round was led by Glenview Capital and co-led by Novo Holdings.
"Everybody knows that dialysis care must improve. For this to happen, providers and physicians need products that allow greater flexibility to bring dialysis directly to the patient, while simplifying complexity and reducing the overall cost of care. Our small, simple-to-use, and powerful dialysis system SC+ is positioned to help transform kidney care. The funding we are announcing today will allow us to accelerate our emergence as a significant force in this market."
The oversubscribed round was co-led by BlackRock and Canada Pension Plan Investment Board with backing from existing investors.
"This funding round represents another significant milestone in our journey to become the operating system of choice for leading banks across the globe,"
The financing round was co-led by Accel and Tiger Global to support the company's global expansion.
"This latest investment allows us to accelerate our growth at every level – doubling down on our successful product led growth strategy, adding to our customer roster, recruiting talent to our team worldwide and expanding geographically."
BlackRock joined the Series C round alongside existing investors to bring total financing to $100m.
"Exscientia is breaking ground in small molecule drug design, with a platform that radically improves drug discovery"
The growth private equity investment was led by BlackRock to support the launch of the company first US microfactory.
