Graphite Capital backs communications business Babble
November 11, 2020
Graphite Capital has bought Babble in a deal that values the communications technology company at £90 million. LDC, which has backed Babble since 2017, will re-invest in the UK-based company and retain a minority stake. The investment was made through Graphite's ninth flagship fund, which closed on over £500 million in 2018.