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Ex-CPPIB Boss’ Opto Nabs $475 Million Value in Round

  • Private capital tech platform raises $145 million in Series A
  • CEO Machin sees public market woes as opportunity for Opto
Mark Machin
Mark MachinSource: Opto Investments
Corrected

Opto Investments, the newly launched private capital platform led by investment veteran Mark Machin and Palantir Technologies Inc. co-founder Joe Lonsdale, has raised $145 million in a Series A funding round, according to a statement reviewed by Bloomberg News.

Opto is valued at $475 million after the round, said people familiar with the matter, who asked not to be identified because it was private.