Batting 1,000

and other averages

Thank you all for helping me get to 1,000 subscribers in just 8 months! And a special shoutout to subscriber no.1000, Ed Socia. Ed is also in the people moves section this week as he recently joined datacenterHawk as Insights Director. As a prize, Ed has selected this fine data-themed mug pictured below from the DataSwagCo store.

Hike in Random Forests Funny Mug Data Analyst Machine image 1

This week, 3 acquisitions, 3 fundraising rounds, 9 people moves & promotions, 1 new firm launch, 2 articles, 2 podcasts, 4 roles, and 9 new events (29 total upcoming).

M&A

*transactions have been announced but may not be closed

Fundraising

  • Aperio (operational data quality) raised $9M in a Series A1 led by Momenta.

  • Arcion (enterprise database replication) received an investment from Hewlett Packard Pathfinder.

  • Ikigai Labs (generative AI for tabular data) raised $25M in a Series A led by Premji Invest.

*New Firm Alert*

Triple Private Equity

Triple Private Equity is a new data and software focused investment firm. The firm invests off-market in small to mid-cap software and data businesses in the UK, Denmark, and the rest of Scandinavia, that underpin core services in finance, risk and compliance infrastructure with demonstrable customer traction, scalable technology, and top leadership talent (3 T’s, hence “Triple”). The firm is led by Founding Partners Mads Hansen, former Partner at Hg Capital, and Ben Shepherd, former Chief Product, Strategy, and M&A Officer at Refinitiv. The firm also has an Advisory Board, with leading executives including

People Moves, Promotions, and Appointments

What I’m reading

What I’m Listening To

Who’s Hiring

Chart of the Week

The demand for ESG data is on the rise, according to a new Bloomberg and Adox Research survey of more than 100 portfolio managers, climate risk executives, and data management executives. The full report and results from the survey can be found here.

Upcoming Events

*new events added since last newsletter
Views here are my own and not of my current or former employers.