Latest News from Origin
NatureMetrics raises $15m and delivers partial exit
Origin portfolio company NatureMetrics, a specialist in DNA-based environmental monitoring, has raised over $15m of further funding. Origin investors, who backed the business in 2016, sold down a portion of their holdings in a secondary transaction, realising a very substantial return on the corresponding invested capital. We retain approximately 40% of our original holding, and look forward to further growth in the years ahead. Read more here.
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.
