Latest News from Origin
trivago invests £5m in UBIO
Origin portfolio company UBIO has raised £5m in investment from trivago, the global accommodation search platform.
UBIO provides robot process automation services to enhance performance of a wide range of e-commerce websites. The investment will be used to further develop the company’s technology suite and to significantly expand its commercialisation activities.
We invested in Ubio in 2018.
Read more here.
Cazana bought by Cazoo for £25m.
Origin portfolio company Cazana, a leading pan-European provider of historic vehicle transaction data, has been bought by on-line car retailer Cazoo, for £25m in cash. The transaction delivered a full exit for Origin, generating an excellent c. 4x return to investors. Read more here.
Origin increases holding in Echion
We have increased our stake in battery materials business, Echion Technologies, to just under 10%. Origin originally invested in Echion’s August 2018 seed round, reinvested in 2019, and was a significant participant in the company’s £10m Series A round, that has recently completed. See here for more information.
