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New report reveals how VC firms can level the playing field for Black women

Astia, a twenty year old organisation dedicated to levelling the investment playing field through intentional investment in women-led companies, has released the findings from a three-year pilot, which was launched when Astia first uncovered a racial bias within its investment decision-making process. Astia Edge, Our Failure to Invest in Black

TA Associates’ PDQ acquires SmartDeploy

PDQ.com, a provider of IT asset management software backed by private equity firm TA Associates, has acquired SmartDeploy, a specialist in remote computer management. The acquisition comes just months after PDQ.com acquired SimpleMDM, further enhancing its value proposition to the broader IT community by making device management easier from start

HTEC Group secures USD140m investment from Brighton Park

HTEC Group (HTEC), a global consulting, software engineering and digital product development company, has secured a USD140 million investment from Brighton Park Capital (Brighton Park), a growth equity investment firm that specialises in partnering with growth-stage software, healthcare and tech-enabled services businesses. HTEC will use this investment to further scale

ArmorCode closes USD8m in seed funding round led by Cervin Ventures

ArmorCode, a specialist in AppSecOps, has secured an additional USD8 million in a seed financing round led by Cervin Ventures with participation from Sierra Ventures. The firm’s previous USD3 million funding round was supported by Tau Ventures, and several prominent Cybersecurity leaders, including founders of Demisto and RedLock.  The company

Addionics closes USD27m Series A round led by Deep Insight

Addionics, a chemistry-agnostic battery technology company, has raised USD27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D Electrodes, which improves the cost and performance of batteries with any chemistry – existing or emerging.

IFC, LeapFrog Investments and DEG invest in Vietnam’s HDBank

IFC, LeapFrog Investments, and DEG â€“ Deutsche Investitions- und Entwicklungsgesellschaft – have invested USD165 million in convertible Tier 2 bonds issued by Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a Vietnamese private retail and SME bank. While strengthening the bank’s capital base, the funding will help increase lending

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