U.S.-based asset manager Bain Capital is increasing its equity investment in Vietnamese conglomerate Masan Group by $50 million, bringing its total investment to $250 million. Additionally, maintenance software maker MaintainX has achieved a $1 billion valuation in a funding round led by Bain Capital Ventures, with the latest $50 million investment bringing its valuation up from $191 million in 2021. MaintainX assists companies in managing operations and maintenance, particularly in manufacturing and hospitality sectors.
MaintainX, which helps manufacturing, hospitality, and other companies manage operations and maintenance, raised $50M at a $1B valuation, up from $191M in 2021 (@katie_roof / Bloomberg) https://t.co/58UJ4G58JB š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/M558OvLSQY
Very excited to announce we are leading @maintainx's $50M Series C, bringing its valuation to $1B. Learn more about founders @CTurlica & @dozoisch and the platform in our piece from @merritthummer, @Kristiesyhan, @tinadimitrova96 and @michelelwang https://t.co/rfiPskaTNO
Very excited to announce we're leading @maintainx's $50M Series C, as @CTurlica & @dozoisch continue to build a world-class platform for manufacturing and beyond. Learn more in our piece by @merritthummer, @Kristiesyhan, @tinadimitrova96, @Abby__Meyers & @michelelwang.ā¦
Maintenance software maker MaintainX has fetched a $1 billion valuation in a funding round led by Bain Capital Ventures https://t.co/0oWxcSjkMl
Maintenance software maker MaintainX has fetched a $1 billion valuation in a funding round led by Bain Capital Ventures https://t.co/NoIGpcusWk
U.S.-based asset manager Bain Capital is injecting a further $50 million into Masan Group, taking its total equity investment in the Vietnamese conglomerate to $250 million. https://t.co/1fKREYadJk