African private equity specialist Development Partners International (DPI) has agreed to subscribe to a USD100 million capital increase through its ADP II Fund in Atlantic Business International (ABI). ABI is the third largest banking entity in the West African Economic and Monetary Union and the second largest bank in Côte

Alkemics, a collaborative platform for retailers, has closed a Series B financing round of USD22 million led by Cathay Innovation and Serena Capital. Index Ventures, Partech Ventures and SEB Alliance also participated in the financing following a Series A round of USD5.6 million in early 2015.     The latest

BNY Mellon has launched a project agent role to meet the needs of institutional investors and other transaction participants in the European Union (EU) and European Investment Bank (EIB) Project Bond Initiative. A core objective of the initiative is to increase the share of private sector finance in infrastructure projects

NewAlpha’s French fintech venture capital fund has made a EUR2.5 million investment in French P2P SME lender Unilend. Unilend lets borrowers access a new form of simple, direct and unsecured funding via loans granted by individual and institutional investors.   In so doing, investors can diversify their investment portfolio by

Dentons has advised the shareholders of Gravity Media Group, the owner of worldwide broadcast services specialist Gearhouse Broadcast, on a substantial investment by investment management firm TowerBrook Capital Partners. The funds invested by TowerBrook will be used for future acquisitions by Gravity Media and to provide a cash return to

Inflazome has closed a Series A financing round for up to USD17 million (EUR15 million), led by life sciences venture capital firms Novartis Venture Funds and Fountain Healthcare Partners. Inflazome is developing inhibitors of the inflammasome, a biological target that regulates the innate immune response, now associated with a wide

AcuFocus, a privately held ophthalmic medical device company, has secured a private investment of approximately USD66 million in a financing round led by KKR. AcuFocus develops and markets breakthrough small aperture technologies for the improvement of near vision.   The investment follows several key milestones for AcuFocus, including the controlled

Ellis Whittam, the Chester-based business services firm, has secured an investment from mid-market private equity investor LDC to accelerate organic growth and fund future acquisitions. The business, which provides advisory and fully-outsourced employment law, HR and health and safety services, was founded in 2004 by solicitor Mark Ellis.   It

Nuxeo, developer of an Enterprise Content Management (ECM) platform which enables organisations to manage complex digital content at massive scale, has secured a USD20 million investment from Goldman Sachs. This adds to the USD10 million commitment by Kennet Partners, announced in June.    Some of the investment will be used

ZENEDGE, a provider of cloud-based, artificial intelligence-driven Web Application Firewall and Distributed Denial of Service (DDoS) cybersecurity Infrastructure-as-a-Service provider, has completed a Series C investment led by growth equity investor Pilot Growth Equity. Pilot Growth has led the round with a USD5 million investment, with additional funds coming from Zoho