NewSpace Capital announces first closing of series-C investment round

NewSpace Capital announces the first closing of its space-focused growth fund at €105M and a €15M lead investment in Cailabs’ series C investment round. NewSpace Capital is a Luxembourg-based private equity fund dedicated to space-focused technology investments. The firm targets growth-equity opportunities in downstream applications and supply chain segments of the space market. NewSpace Capital has a […]

actyv.ai ropes in Abhijit Rao as Global Head of People

actyv.ai, headquartered at Singapore and a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced the appointment of Abhijit Rao as its Global Head of People, to bolster employer brand and people growth. As a people operations leader with over 18 years of experience, Abhijit has worked with some […]

United Fintech acquires Cobalt to accelerate digital transformation

United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation. This is United Fintech’s fifth […]

Globeleq signs financing agreement on Menengai Geothermal Project in Kenya

Globeleq, the leading private power company in Africa, announces that it has signed financing agreements with the African Development Bank (AfDB) (as mandated lead arranger), Finnfund and the Eastern and Southern African Trade & Development Bank (TDB) with regard to the US$72 million debt funding for the 35MW Menengai geothermal project in Nakuru County, Kenya. Globeleq, which is […]

Relativity’s South African debut in partnership with Deloitte and Control Risks

Relativity, a global legal and compliance technology company, today announced that its secure, end-to-end SaaS product RelativityOne is now available in South Africa. Deloitte and Control Risks partnered with Relativity on the expansion to the region, which is a legal hub within the African continent, and will help provide scale, reliability and accessibility within the region to current and future customers. South […]