DMG Ventures contributed to a $50m round for online stationery brand Papier while Hannover Digital Investments helped cross-border payment service Vitesse secure $26m.

Funding

UK-headquartered online stationery retailer Papier raised $50m today from investors including DMG Ventures, the corporate venturing subsidiary of media company Daily Mail General Trust. The round was led by venture capital firm Singular and also featured Lansdowne Partners, Kathaka and existing backers Felix Capital and Beringea.

Vitesse, the UK-based operator of a digital cross-border payment platform, has received $26m in a series B round that included insurance firm HDI Group’s Hannover Digital Investments vehicle. Prime Ventures led the round,…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.