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

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

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

Spendesk, a spend management platform for SMBs, has raised USD18 million in addition to its Series B round last year (USD38 million). The new investment comes from global VC fund Eight Roads Ventures and brings the total raised to USD68.5 million. This funding will support the strong growth Spendesk has realised

Brazil-based API communication platform Take Blip has completed a USD100 million Series A funding round led by Warbuirg Pincus.

Edgify, a company building AI training frameworks, has secured a USD6.5m seed funding round backed by Octopus Ventures and Mangrove Capital Partners.Edgify’s technology enables any connected device – known as ‘edge devices’ – to interpret vast amounts of data generated at the edge, train a complete AI model locally, and

US based private equity firm Warburg Pincus, through its affiliate Orange Clove Investments BV, has entered into an agreement to invest about USD95 million in Home First Finance Company India Ltd (Home First).Warburg Pincus joins existing PE firm shareholders True North and Bessemer Venture Partners. Home First is a technology

Mavason Limited, a subsidiary of the Abris CEE Mid-Market III LP fund, managed by Abris Capital Partners, has signed an agreement with the fund 21 Concordia and its founders to purchase the majority of shares in R2G Polska, operating under the Apaczka brand – a Polish e-commerce delivery solutions provider. The

Future Energy Ventures, a venture capital platform that invests in the digital technologies and digital business models redefining the energy landscape, has launched with EUR250 million invested capital in its portfolio. The new fund is the venturing and collaboration platform of the energy company E.ON investing in digital and digitally enabled

Gresham House Ventures has invested GBP5 million in eConsult Health, the NHS’s leading online consultation provider for primary care.The GBP5 million investment, made on behalf of the Baronsmead VCTs, is in addition to further investment from existing shareholders and will support the expansion of eConsult Health into the secondary care