Cloud cyber resilience specialist Accurics, has raised USD20 million across seed and series A financing in the past six months. With Intel Capital leading the Series A and ClearSky leading the seed, Accurics, the new investment will support Accurics’ market momentum and help the company continue to develop technology that self-heals cloud native infrastructure by codifying security throughout the development lifecycle.    “We envision a world where organisations can innovate with confidence—and our mission is to fill the gap between benefit and threat by enabling cyber resilience as organisations embrace cloud native infrastructure,” says Accurics Co-founder & CEO Sachin Aggarwal. “We’re

Actis has entered into agreements to acquire a controlling interest in Octotel, a fibre-to-the-home operator in South Africa for an enterprise value of ZAR2.3 billion (USD140 million).  At the same time Actis signed agreements to acquire a non-controlling interest in RSAWEB, a leading Internet Service Provider in South Africa.  The transactions are subject to regulatory approval. Octotel is a leading fibre network operator in the Western Cape region of South Africa. Founded in 2016, its open access fibre network has passed more than 175,000 premises. Through this network, Octotel provides line rental services to Internet Service Providers on a fully vendor

Abivax, a clinical-stage biotechnology company harnessing the immune system to develop treatments for inflammatory diseases, viral diseases and cancer, has obtained a EUR15 million non-dilutive debt financing from Kreos Capital, with an additional EUR5 million to be decided before 2020 year-end.This financing comprises two tranches of EUR10 million and EUR5 million respectively, with the first tranche to be fully drawn immediately, and a second tranche to be drawn before 1 November, 2020. The loan is expected to extend Abivax’s cash runway until Q2 2021, before any potential revenues from corporate partnering or any future additional funding, preferably non-dilutive. Professor Hartmut

GoGet, an on-demand workforce and job platform based in Malaysia, has closed a Series A round of USD2 million led by Monk’s Hill Ventures. The funding will be used to scale GoGet’s services in Malaysia through product development, building and expanding its product and technology teams. GoGet will also expand its sales and digital marketing teams to grow user acquisition. “The traditional labor market is inefficient during these challenging times. Businesses especially SMEs need to find innovative ways to cut costs while being profitable. Our robust technology provides these businesses a cost-efficient solution beyond what a traditional job matching service can