Reliance Health, an emerging markets-focused digital healthcare provider, has secured USD40 million in a Series B funding round led by General Atlantic. Partech, Picus Capital, Tencent Exploration, AAIC (Asia Africa Investment and Consulting), P1 Ventures, Laerdal Million Lives Fund, M3, Inc, and Arvantis Social Foundation also participated. With this funding, Reliance Health has successfully closed the largest Series B round in the African HealthTech industry to date. The newly-established partnership also marks General Atlantic’s first technology investment in Africa. To date, Reliance Health has raised USD48 million in total funding, including a USD6 million Series A funding round in January

Elicit Plant, an AGtech company specialised in crops’ water resistance and in the development of innovative phytosterol-based solutions, announces it has raised EUR16 million in a Series A financing round. The capital component was led by Sofinnova Partners, with the support of ECBF, Bpifrance, and historical investors, Aquiti Gestion-NACO fund and Credit-Agricole Charente Perigord Expansion, the rest of the funding came from a banking pool and public programs from Region Nouvelle Aquitaine and Bpifrance. Elicit Plant was founded in 2017 with the ambition to become a sustainability transition champion in agriculture and respond to the global challenge of water stress

Litigation investment company, Henderson & Jones (H&J), has received an initial GBP5 million working capital facility from Secure Trust Bank Commercial Finance to support its growth ambitions. H&J, which is headquartered in London with office premises in the Midlands, specialises in the purchase of claims from insolvent companies, delivering returns through effective and strategic litigation while bearing the associated cost and risk.   The firm has a track record of litigating claims up to GBP50 million and is looking to grow its successful business model. This additional capital facility will enable H&J to further expand its scope, with a focus

Innovid (NYSE: CTV), an independent connected TV (CTV) advertising delivery and measurement platform, ia to acquire TVSquared, an independent global measurement and attribution platform for converged TV, in a cash and stock transaction valued at approximately USD160 million. With the industry calling for a more transparent and accountable TV ecosystem, the deal establishes a new currency-grade standard for cross-platform measurement, powered by the scale and automation of an independent global ad server.  Upon closing, Calum Smeaton will be stepping down as TVSquared CEO to take on a strategy role in support of the integration with Innovid. TVSquared’s president, Kinsella, who

DHG, a pan-European medical device manufacturer backed by ArchiMed, has completed the acquisition of Danish patient turning system manufacturer, Vendlet ApS. Vendlet, based in Aabenraa, Denmark, has over 30 years’ experience in the development, manufacturing and application of powered patient turning systems that deliver a safe and comfortable turning experience for the patient whilst preventing the risk of musculoskeletal injury for the caregiver.  The acquisition of Vendlet, DHG’s first of 2022, is the latest in DHG’s ongoing period of growth and expansion, following on from the acquisitions of Talley Group and United Care in 2021, and the acquisitions of Gate

Amadys, a provider of passive network equipment solutions for utility infrastructures in the Benelux region and a portfolio company of Equistone Partners Europe, has acquired distribution specialists SKG Netzwerktechnik and Muth Kommunikationstechnik.

Molten Ventures, a venture capital firm investing in and developing high growth technology businesses, has led the latest USD8 million seed financing round in IndyKite, a San Francisco-based software company that is building the identity layer for Web 3.0, with products that securely manage human, IoT, and machine identity.

EIM Capital has finalised the acquisition of Bonna Sabla, a French specialist in precast concrete solutions, acquired from Consolis, a European industrial group providing sustainable and smart precast concrete structures for the building and utilities sectors.

IDHL, has acquired eCommerce transformation specialist Ampersand as its acquisitive growth strategy accelerates following an investment from Bridgepoint.